Do investment bankers work at hedge funds?

Most hedge funds hire junior positions from the analysts who work in investment banking. They sometimes hire from campus also but not common. So 2 years in investment banking will prepare you for a job in hedge funds, private equity, corporate jobs or b-school.

How much do hedge fund investment analysts make?

The average salary for a hedge fund analyst is $96,977 per year in the United States.

Do investment bankers make more money than hedge fund analysts?

Investment banking analysts typically make more money initially than hedge fund analysts. I can’t really explain why investment bankers make so much money right out of college, it’s always confounded me, but I can explain why you won’t be making an IB salary right away at a hedge fund. The hedge fund business is the ultimate meritocracy.

Do you need investment banking experience to be a hedge fund manager?

A lot of hedge fund job listings cite a desire for investment banking experience. This is not to say that investment bankers generally make good hedge fund managers or that investment banking is a requirement to get into a hedge fund. Neither are necessarily true.

Are hedge funds looking for IB talent?

While a lot of the very large hedge funds can sit back and pick off the best IB talent, most HFs are just looking for the best talent… wherever they are. This creates an opportunity for you because many job seekers won’t even seek HF jobs directly. With less competition, the door is open for you to jump to the buy side directly.

How many hours do analysts at hedge funds work?

Analysts at hedge funds typically work more reasonable hours. Your job revolves around the capital markets and the markets close. For most buy side jobs, the hours are typically in the 50-60 hour range. It’s certainly not a 40-hour work week, but it’s a lot more reasonable than 80 hours per week.