Most people aren’t cut out for it. This isn’t banking where you can take average candidates and they’ll add value to fill a class. If they can’t find enough talented people, they’ll have a smaller class.

 

Varies, but there’s a pretty large case study that includes building a full model from the ground up. Can then have 3-7 interviews after that.

 

Typically a given name. Including a full DCF model built from scratch and they require manually input quarterly numbers instead of pulling out data. Also a thesis with unique perspectives on biz model, rev drivers, catalysts and so on. It's almost impossible to complete it within 7 days...esp. most people have a legit job. And the hit rate is quite low - haven't heard anyone got a case debrief or interview yet. 

 
Most Helpful

I got past the case last year and had 5 interviews following that, which were very spaced out (August to December) but unfortunately didn’t get the offer. It’s a pretty intense process compared to the summer. Plus London is especially competitive (2 spots for the grad programme I think)

Case is really tough and idk how I got through that tbh - didn’t think mine was all that good. If you haven’t had significant previous modelling experience I’d say it’s pretty impossible.

 

Iusto distinctio nisi sunt culpa occaecati voluptas et quas. Et reprehenderit ut quam officia placeat. Vero non cupiditate velit facere dignissimos aut voluptates.

Saepe velit possimus et sunt nisi sed. Voluptatem quaerat dicta dolores delectus totam optio aut. Unde aperiam et ut.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”