HF over an ibank?????
this is a hypothetical...would you rather start a career in an ibank or a small HF (say 100 mm AUM but growing). HF job pays less (but potential in 3 years is good) and has normal hours (9-5). Your thoughts?
this is a hypothetical...would you rather start a career in an ibank or a small HF (say 100 mm AUM but growing). HF job pays less (but potential in 3 years is good) and has normal hours (9-5). Your thoughts?
+368 | What to expect during your IB summer internship and how to secure the full-time offer | 23 | 1d | |
+173 | 2nd casualty of BofA, 25 yo credit trader | 56 | 1h | |
+160 | MD Can’t Unplug | 40 | 2d | |
Am I insane? (NEED ADVICE) | 56 | 1h | ||
+64 | BofA Assoc who died had sought to leave, citing long hours | 16 | 2d | |
+51 | Is banking more tolerable in Houston? | 32 | 14h | |
+45 | How Much Parental Assistance Do People Actually Have? | 17 | 13s | |
+39 | Another BofA trader died? This is insane... | 24 | 2d | |
+34 | How is Northwestern? | 7 | 1d | |
+33 | Associates not checking my work and getting mad at me? | 9 | 1s |
Career Resources
What does HF stand for?
it all depends on which bank, what the strategy and reputation of the fund/founders are, and whether youd rather work in a HF environment as opposed to a bank.
personally, if i had the choice coming out of college, id still do IB mainly because if I dont like it, I can still go to an HF and it also opens up doors to PE, corp dev. etc. im not saying the HF wont open those same doors, but it could be harder than if you were an analyst at GS for 2 years.
100MM is very small; this is not the place to start your career. Their assets may be growing, but the same could be said at one point about every hedge fund that's gone out of business. If the fund folds up, what would your next move be?
If you're looking to start your career at a hedge fund, you want it to be a large-ish fund that's known on the street. The same can be said about starting out in IB; you don't want to start your career in the M&A group at random XYZ bank, even if dealflow is growing there.
i would go for IB man - tried and true. hedge funds are on their way down..just read yet another article in the financial times about how most have negative alpha and the difficulties in finding new market inefficiencies.
What would the job be at the fund?
Ea dolores molestiae laboriosam eos distinctio magnam voluptatem voluptatem. Odit temporibus id velit. Sint pariatur nemo rerum quibusdam sit corporis asperiores molestias. Non quo ad incidunt reprehenderit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...