Intern Salary - Offered an internship at a hedge fund

Rank: Chimp | 13

I was offered an internship at a hedge fund. I am currently in school, so this internship is basically for the spring semester.

What would be a reasonable (not excessive, but industry average) pay per hour for a hedge fund intern?

More info: I will be doing industry and company research. I will be working approximately 30 hrs/week. This hedge fund is not located in NY or CT. I am a finance major and have IBanking experience.

Thanks for your input...I am excited to work at the HF regardless of pay, but I am just wondering what industry average intern pay is?

Comments (2)

 
1/21/08

For internships there can be a little bit of a range. For fall sem, I was offered 18-24, though the 24 was not that many hours. I ended up not doing any of them, but it was an interesting process to say the least. At of top 15 hf, I had 6 one hour interviews. a lot of work for nothing in the end.

Learn More

814 questions across 165 hedge funds. 10+ Sample Pitches (Short and Long) with Template Files. The WSO Hedge Fund Interview Prep Course has everything you'll ever need to land the most coveted jobs on the buyside. Learn more.

 
2/3/08

1-Click to Unlock All Comments - 100% FREE

Why do I need to be signed in?
WSO is a knowledge-sharing community that depends on everyone being able to pitch in when they know something.
+ Bonus: 6 Free Financial Modeling Lessons with 1-Click Signup ($199 value)