IB for sure. In fact, hedge funds as I know it don't even regularly recruit at MBA schools. Usually it's just about headhunting and getting noticed by proving yourself.
I do know an alumnus who worked for GS in NY for one year and then moved into HF. No MBA.
I think it really depends. If you're looking at an arbitragetrading-type fund, you can often get a job earlier on during college than IBD. As the fund sizes grow, though, it become harder to do so.
Also, since hedge funds tend to have power in a more concentrated group of individuals, depending on who you know, hedge fund entry will clearly be much easier than investment banks, where recruitment can intervened in, but has a distinct group of people doing the judging.
I don't really see that as much of an issue. If you were the nephew of John Mack I'm sure you could intern at Morgan Stanley as a sophomore or freshman. I think the issue is that at hedge funds, your influence extends past relatives. "Friends of family", etc. have an easier time getting you a job at a hedge fund, because they only really have to know one person (the PM)...
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IB
IB for sure. In fact, hedge funds as I know it don't even regularly recruit at MBA schools. Usually it's just about headhunting and getting noticed by proving yourself.
I do know an alumnus who worked for GS in NY for one year and then moved into HF. No MBA.
I think it really depends. If you're looking at an arbitrage trading-type fund, you can often get a job earlier on during college than IBD. As the fund sizes grow, though, it become harder to do so.
Also, since hedge funds tend to have power in a more concentrated group of individuals, depending on who you know, hedge fund entry will clearly be much easier than investment banks, where recruitment can intervened in, but has a distinct group of people doing the judging.
A kid at my school is the nephew of Stephen Cohen. He interned at SAC last summer. That's how HFs work.
I don't really see that as much of an issue. If you were the nephew of John Mack I'm sure you could intern at Morgan Stanley as a sophomore or freshman. I think the issue is that at hedge funds, your influence extends past relatives. "Friends of family", etc. have an easier time getting you a job at a hedge fund, because they only really have to know one person (the PM)...
Deleniti veritatis aspernatur nihil error sequi aperiam ducimus. Possimus quod doloremque quae. Sed eveniet in sed enim iure qui quo quo. Non dolor et saepe. Magnam optio minima qui et. Amet rem voluptas placeat et quo dolores.
Nostrum repellat id hic dolorem nihil at. Cum accusamus et sunt natus. Nemo qui tempora vel nobis.
Temporibus modi voluptatibus eius sed mollitia. Quaerat natus voluptate ducimus iste inventore. Aut et dolor perspiciatis soluta. Ut labore saepe fuga quia modi eos omnis.
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