Hedge Fund Interview Course

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Comments (30)

  • Associate 1 in IB-M&A
Oct 5, 2021 - 2:29pm

Should I go to Miami or Vegas for my next trip? Which one has more attractive women? What about future wife potential? Thanks.

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300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

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  • Intern in PE - LBOs
Oct 5, 2021 - 3:03pm

For mathematicians (including IMO and Putnam winners) quant HFs are the heaven lol

  • Intern in IB-M&A
Oct 5, 2021 - 3:11pm

From what I've heard, in a 30%+ year like 2020 for tiger, analysts are making mid 7 figs and partners multiples of that. Just do the math with what 20 IPs… thats way higher than Jane street, on average

  • Intern in IB-M&A
Oct 5, 2021 - 3:21pm

They have what $40bn in their public mkts strategy? A 50% year means like what $2bn split across 20 folks? 25bps or 2bn is 5 mil…50bps is 10 mil and 50bps is tiny

Oct 6, 2021 - 11:16am

Irrelevant, because no one will ever have to choose between those two firms since no one will ever get an offer from both of them. They hire for completely different skill sets.  You don't get to decide which one you'll work for -- even in the unlikely event you're qualified for one, you certainly won't be qualified for the other. Inspect yourself and ask if you are a math/computer person (janestreet) or a stockpicker (Tiger). Then apply to that firm but don't waste your time applying to the other firm trying to be something you're not. 

  • Prospect in HF - Other
Oct 7, 2021 - 12:50am

As said above the comp for these quants/data analysts seem to be much less in fundamental firms. Do you agree?

  • Analyst 3+ in HF - RelVal
Oct 6, 2021 - 6:07pm

I generally agree with your point, but I do have to say I know someone that got offers from both (albeit 4 years apart, Jane Street out of undergrad and turned it down for MFPE, and Tiger/Viking/Lone Pine after PE). He's always said the process for Jane st was much harder, but the process for the HF was more selective. Don't know exactly what that means, but that's how he's phrased it to me.

Oct 6, 2021 - 7:06pm

JS will give very many applicants a first assessment then screen them down through progressively harder problems in lots of rounds. Idk what elite HFs ask in interviews but I doubt there are a lot of extremely difficult questions (with objective, verifiable solutions) they even can ask  - so they therefore only interview people with a certain pedigree in the industry. This is the best indicator they can get. So JS will have "harder" questions but the HFs will interview fewer people.

Oct 7, 2021 - 10:57am

Jane Street and companies like that just spam really hard math/programming questions until there are only a few applicants left.  Multimanagers don't really have the time or the infrastructure to recruit in this manner so the questions are easier but the odds are lower.

Oct 7, 2021 - 12:58am

Currently Jane Street comp is like 400k guaranteed for new grads.I'm not sure if those fundamental funds really recruit seniors at the same rate.

5 years in, decent amount of traders cross 7figures.

  • PM in HF - Other
Oct 8, 2021 - 4:17pm

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Oct 9, 2021 - 1:11am

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