I often get asked, “Hunter – what are typical hedge fund interview questions for XYZ fund.” Now, unfortunately (or fortunately depending on whose vantage point you are coming at it from), I have not interviewed at all funds out there. And I know each fund has a different set of interview questions for different candidates. For example, I know of one fund that literally asked probability questions throughout the entire interview process for one candidate, and then barely asked any for another candidate friend of mine. Alas, I do not have a silver bullet. But when I am in the …
This is the final series in our posts on hedge fund interviews. In this post, we will talk about the “take-home” case study offered at many hedge funds. As discussed in our last post about hedge fund case studies done at the office, sometimes a fund or other buy-side shop will ask the prospective analyst to do both an at home case study and an in-office case study. In a way this is an advantage as you will be able to showcase your talents in prep work and on the fly. For this post though, we will be exclusively talking …
This is the third edition of our series on hedge fund interviews. For part 1 and part 2 of the series: Hedge Fund Interviews Part 1 Hedge Fund Interviews Part 2 This post will discuss probably the most crucial part of the entire interview process: the final case study. This case study will either be “in-office” or prepared at home. This post we are going to focus in on the in-office case study, and for the final post of the series, we will discuss the take-home case study. In-office case studies: This is where the hedge fund or buy-side institution …
In our last post, we talked about the first round of a hedge fund interview. This post assumes you have made it to the second or third round of the interview processes (i.e. your hedge fund resume has already been finely scrutinized). I have heard of funds that go five or six rounds and others that go three rounds (first round = intro, second round = more intense, third round = case study). Nonetheless, the rounds following the first “meet and greet” round will be much more intensive challenging both your intellect and your ability to get along with others …
Now that you have your hedge fund resume in hand and prepared your hedge fund case study, it is time to work on getting a hedge fund interview (or buyside interview for that matter). Unfortunately, this is where a lot of the guessing games come in to play. As noted before, if your resume and case study get in front of a certain portfolio manager, and that portfolio manager is having a bad day your shot for getting an interview has just got down. It has nothing to do with you and importantly, throughout this process, you should not take …