Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

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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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  • Analyst 1 in AM - Equities
Apr 19, 2021 - 3:37pm

Because alot of the junior work is administrative and although it doesn't take anything near a rocket-scientist to do it, it's still alot to learn & therefore juniors work longer hours until they get the hang of things. 

Most Helpful
Apr 19, 2021 - 4:27pm

Let me clarify - "stub" basically means you were not at the firm long enough to warrant a bonus based on performance (start on the desk in September, YE reviews in November, bonuses paid out based on that conversation in February). The YE bonus for a second and third year analyst are much higher, (think 20-30k) along with a $5k salary increase each year.

As for workload/hours- it all depends on your placement. Between the 5 bankers I support, the total book size is north of $1Bn and this represents around 350 clients. I support 3 HNW ($5-25MM) and 2 UHNW ($25MM+). The day is spent thwarting inbound maintenance requests from clients, and the evenings are spent doing the actual client work (investment proposals, performance reviews, etc.).

The bankers do not work past 5, so you can really focus in the evenings. I get on the desk around 7:30 every morning, step away around 6PM for dinner/workout, and stay on until around 10PM mon-thurs. Never really work past 7 on Fridays, with the occasional weekend fire drill mixed in. Definitely none of it is rocket science, but there is a ton to learn as you are a generalist - need to know equities, fixed income, lending (custom, mortgages, SBL, etc), trusts, estates, and banking. 

  • Analyst 1 in IA
Nov 27, 2021 - 8:40pm

Performance bonus have previously ranged from a minimum of $5k to a max of $50k, but have been told that bonuses going forward will be really good. We'll find out in January.

Nov 27, 2021 - 8:23pm

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Total Avg Compensation

November 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (40) $360
  • Associates (236) $235
  • 2nd Year Analyst (145) $156
  • 3rd+ Year Analyst (34) $154
  • Intern/Summer Associate (107) $146
  • 1st Year Analyst (514) $136
  • Intern/Summer Analyst (394) $84