How to Obtain a Job at a Hedge Fund
A New York city firm, Mercury Partners helps clients find jobs in the financial sector. Areas of the market Mercury Partners focuses on include private equity and hedge fund positions.
Hedge funds differ greatly from traditional banks due to hedge funds’ less stringent regulation and reporting less information to the public. Therefore, finding positions may prove more difficult. However, individual funds may operate internship programs or training academies for prospective employees. These programs vary in length, but those who complete them usually start working for the fund upon completion, when a student’s knowledge is still fresh.
Depending on the desired position, college students seeking roles at hedge funds do not necessarily need a formal degree in finance or math. Demonstrating knowledge of the industry via a resume and during the hiring process is an interviewer’s priority, not the exact degree earned. Roles in departments like technology or human resources are a growing need in hedge funds, as they adopt structures similar to banks.