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# Latest trend @ Hedge Funds?

Author Message
SVP
Status: Burning mid-night oil....daily
Joined: 07 Nov 2008
Posts: 2400

Kudos [?]: 746 [0], given: 548

Schools: Yale SOM 2011 Alum, Kellogg, Booth, Tuck
WE 1: IB - Restructuring & Distressed M&A
Latest trend @ Hedge Funds? [#permalink]

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07 Jan 2009, 17:19
Is MBA an asset or liability when axe falls at Hedge Funds?

Some interesting key facts:

In 1st half of 2008, satisfaction with hedge fund job compensation rose from 25% to 42% last year and the hours worked by a typical employee remained pretty tame as the chart from the survey below indicates:

Attachment:

hours-worked.jpg [ 42.41 KiB | Viewed 1660 times ]

With an average total compensation of around US\$250,000, that’s about US\$85 an hour. Not bad. But what’s kind of surprising is that those employees with an MBA made marginally less than those without an MBA - and they get more vacation.

Attachment:

mba-comp.jpg [ 24.32 KiB | Viewed 1659 times ]

Another interesting survey result is that many hedge fund survivors will most likely benefit if they can weather through current market condition.

Analysis of Hedge Fund Industry Life Cycle:

_________________

Kudos [?]: 746 [0], given: 548

Current Student
Joined: 26 Nov 2008
Posts: 76

Kudos [?]: 7 [0], given: 3

Schools: Chicago Booth, Class of 2011
Re: Latest trend @ Hedge Funds? [#permalink]

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07 Jan 2009, 20:20
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?

Kudos [?]: 7 [0], given: 3

Manager
Joined: 21 Nov 2008
Posts: 111

Kudos [?]: 30 [0], given: 3

Location: New York
Schools: Kellogg, Emory, Booth, Yale, Cornell, Duke
Re: Latest trend @ Hedge Funds? [#permalink]

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07 Jan 2009, 20:29
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.

Kudos [?]: 30 [0], given: 3

Re: Latest trend @ Hedge Funds?   [#permalink] 07 Jan 2009, 20:29
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