LSE Societies

Heard an anecdote about the Oxford Alpha Fund basically being a feeder into top hedge funds around the world. I'm going to be attending the LSE shortly studying Maths with Data Science, and am interested in finding out which societies are the 'thing'.

From a quick search on LinkedIn, it appears basically everyone is in the 'Business and Investment' group. 

Thanks :)

 
Most Helpful

Graduated from LSE last year and obviously covid impacted lots of the events and related benefits of societies there.

That being said, the BIG as you guessed is the main thing, with top-tier resources, events and networking opportuinities. If you're into HF and the likes, the Alternative Investments society is also huge, especially their annual conference (AIC if you wanna look it up). If you manage to get a committee position in one of these you're in a good spot and can work from there.

Also worth keeping an eye on smaller / more specialised societies such as:

  • Asset Wealth Management
  • Green Finance
  • Hedge Fund
  • PE
  • Quant
  • Real Assets
  • Restructuring
  • Trading

These can be good for alumni networking and just to get a better understanding of the specific sectors, depending on what you're looking to do.

Finally, you might want to have a look at MBP Capital, a student investment fund, and try to get involved if that's your thing.

Hope it helps and good luck!

 

If you're just a member you don't do any work. Just get access to events and stuff. But first years can apply to be on the subcommittee - here you can do actual work e.g.  equity research reports for the hedge fund society or work on an actual consulting project for the consulting arm of BIG (called London strategy group). 

 

Sure, you can get membership for all of them if you want and that way you'll be emailed about events and stuff, as well as having access to resources if they have some. As a member you don't have any work to do, but sometimes they organise challenges, courses or incubators and that kind of stuff.

On top of the membership, you can then apply for roles in the committees and you can put that down on your CV as experience / extra curriculars which is good. Also that way you can usually get noticed by professionals / alumni more. This involves a bit of work, usually organisational etc. so I wouldn't take on too many roles, but looking to get at least one is good.

As for the student investment fund, I wasn't part of it but I guess it would take a bit of time and effort for research etc.

It's a good idea to get membership for the ones that you might be interested in so you can find out more about the sectors!

 

Interning at a large L/S. hires out of alpha fund pretty much every year and from maybe 5/6 other schools consistently.

Lot of us that end up doing this summer have 0 finance xp previously so idt ppl from specific societies are actively sought out. Alpha fund just takes people that do well in the interviews etc but hard to establish causation/correlation etc.

idk about non-HF recruiting though

 

Not sure it's a "feeder" into buyside HF stuff considering there's barely any buyside UG seats available e.g. p72 hires 5 per year (0.4% acceptance rate) and that's one of the larger programs. Maybe moreso of a case as the other commenter posted that it's correlation not causation i.e. these buyside shops pretty much only hire oxbridge + lse out of undergrad and perhaps alpha fund has a community of people applying. It may be recognisable on CVs though i dont know

 

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