Questions about PE/HF

I’m currently a Sophmore at a high school and my dream has always been to be in PE or HF. This post might be long so brace yourself, am I looking at this stuff to early or should I have been looking at this for years now?
What schools are considered “target” schools and do firms have bias towards certain schools?
I currently have a 4.3 and am planning on going for a 5.0 is that good enough to get into a target school or will I have to participate in lots of extra curricular activitys ?
I’ve done my research, but I still feel as if I barely know anything about the world of finance or of PE/HF: what exactly do they do, what exactly do they make.
Lastly should I be attempting for internships over the summer and if so which ones
Anyone who could try to answer all or even 1 of these questions would be much appreciated.

 
Most Helpful

There's a ton of literature on this forum and elsewhere on target schools, so no point in me re-hashing the list. Obviously a candidate with extracurriculars stands a higher shot of acceptance than one without, all else being equal - just choose a few hobbies / sports you're interested in and pursue those (ideally in a formalized way) for the next few years. My general sense is that SA competition is intensifying with a trend towards more students having more internships at an earlier stage.

That being said, the best advice I can give you at this point is just relax and take things one step at a time, starting with doing well in HS and aiming for a good college. I think it's a bit oxymoronic that your dream is PE / HF yet you "barely know anything about the world of finance". Keep an open mind towards what else is out there, no need to make any decisions now or for the next few years even.

FWIW I didn't discover I wanted to do finance until sophomore year of college and still ended up in a MF analyst role from undergrad, so you've got more than enough time.

 

Read a couple of books if you have the time. I don't know how much you know about finance and stuff, but reading books was one way I knew what type of investing I wanted to do. I don't really know what level you're on so kind of hard to suggest books, but maybe learning some stuff in your free time would be helpful to you. Take online classes if you want. Also like the other guy didn't know I wanted to do finance until my sophomore year in college but ended up at a HF out of undergrad. Maybe you get to college and realise that you don't want to do finance at all but want to go to law school? So early to decide on anything yet

For now just focus on school, keep your grades up and do what extra curricular activities you like to get into a good school.. you know the usual suspects - I'm sure you can find a list of schools somewhere on this site. Don't worry about summer internships in HS, maybe do one if you want to explore but I doubt you would learn anything relevant given you don't really know much.

Enjoy your time in HS, maybe pick up some new activity and get good at it (new sport, learn an instrument, etc.), and focus on school. You still have a lot of time before you start worrying about what finance stuff you want to do. 

 

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