How To Work For A Hedge Fund?

Is it hard to get a hedge fund job?

It’s very hard. However, it’s obviously possible — you just need to work hard, network, and be prepared for the interview process. It is often said that networking gets you the interview, but your skills get you the job. You can find practice interview questions for hedge funds at Hedge Fund Interview Prep.

How much do you make at a hedge fund?

You typically see hedge fund analysts make between $175,000 and $200,000 all in per year when they first switch over to hedge funds or mutual funds, and you think to yourself: “that salary makes sense.”

What degree do I need to work at a hedge fund?

Hedge fund managers generally hold a bachelor’s degree or higher and also have several years of experience as a financial analyst. Students who are interested in becoming hedge fund managers can pursue a bachelor’s degree in finance or related concentrations such as accounting, economics, or business administration.

Do you need a CFA to work at a hedge fund?

It is very rare for a hedge fund to hire someone right out of school, so the typical hedge fund applicant will have at least 2 years of experience, usually in investment banking. In fact, many famous hedge fund managers are students of philosophy. Certain hedge funds require an MBA or CFA.

Is working at a hedge fund stressful?

The stress at a hedge fund is intense because you have more responsibility. There is real money at stake and you are marked to market every single day. There are many factors outside of your control. Even if your thesis is dead right, you can be caught short in a bull market and get creamed.

How many hours do hedge fund managers work?

At hedge funds, meanwhile, the ‘reasonable’ working week is around 70 hours. Around 80% of people working in hedge funds work between 50 and 70 hours a week, according to a recent report from consultants Benchmark Compensation.

Which hedge funds pay the most?

Top-paying hedge funds for 2018

Rank Hedge fund
1 Citadel
2 D.E. Shaw
3 Blackstone Group
4 Bridgewater

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How much does a hedge fund pm make?

The best paid hedge fund managers, according to II’s survey, worked at the largest funds. Portfolio managers at firms with upwards of $5 billion expected to earn $2.3 million in bonuses this year on average, on top of an average salary of $526,000.

What is the salary of a hedge fund analyst?

You typically see hedge fund analysts make between $175,000 and $200,000 all in per year when they first switch over to hedge funds or mutual funds, and you think to yourself: “that salary makes sense.”