fluidian wrote:
Great find! Any one know how hard it is to get into the HF industry? Is it as tough as PE? Aside from Stanford, it's hard to get a breakout into the HF industry...does any one know what fraction of students from the other M7s join Hedge Funds after graduation?
From my experience, hedge fund usually hire experienced professionals on Wall St. Hedge funds are usually ran by a small team. Few research guys, few traders, a main strategy person, back office accountants etc.
I did hear that some firms hire junior research executives right out of law school or bschool. But mostly, they want experienced professionals with few years of wall st exp. They don't like teaching newbies because they don't tolerate stupid mistakes. also, hedge funds don't have training programs like ibanks.
I tried to find jobs at hedge funds lately and went to few interviews. So many hedge funds are either closing, closed or they are on hiring freeze. It's tough.