Wall Street Oasis on LinkedIn: Hedge fund interview case studies get crazier every year | 21 comments (2024)

FAQs

How prestigious is Point72? ›

Point72 is known for its highly selective Academy program, which puts recent college graduates through an intensive financial education curriculum facilitated by experienced professionals at the firm.

It's extremely difficult to break into hedge funds, and once you're in, the job is stressful and requires long hours and sacrifices.

Hedge funds employ some of the best-paid business professionals anywhere, but landing your first job in the industry is no cakewalk. Building a hedge fund career takes determination, networking stamina, and a fierce competitive streak. Here are some steps to help get you to that interview and then land that job.

The biggest and most obvious risk is the risk of investors losing some or all of their investment.

Required Skills and Abilities

Demonstrated academic success as reflected in a minimum cumulative GPA of 3.2/4.0. Prior internship experience, preferably in a financial institution or hedge fund.

The average Vice President base salary at Point72 is $169K per year.

D & C personalities dominate hedge funds. Is are wonderful idea generators, but often get shaken out over the life of an investment as the market moves. S types tend to get runover in the hedge fund world.

Many people are drawn to the hedge fund career path because of the money: even junior-level employees can earn $500K up to $1 million, and senior-level Portfolio Managers can go well beyond that.

In 2023, the highest-paid hedge fund manager was Ken Griffin of Citadel, who earned $4.1 billion. He was followed by Izzy Englander of Millennium Management, who earned $3.2. billion.

$33,500 is the 25th percentile. Salaries below this are outliers. $44,500 is the 75th percentile.

How many hours do you work at a hedge fund? ›

Hedge fund analysts typically work between 60 and 70 hours a week. Working on the weekend is not common but it certainly does happen from time to time.

Hedge funds tend to have specific characteristics and features. They require wealth to participate. Hedge funds typically require an investor to have a liquid net worth of at least $1 million, or annual income of more than $200,000. They often borrow money to use in an investment.

How do job seekers rate their interview experience at Point72? 46% of job seekers rate their interview experience at Point72 as positive. Candidates give an average difficulty score of 3.1 out of 5 (where 5 is the highest level of difficulty) for their job interview at Point72.

Point72 Asset Management raised roughly $3.8 billion over the past year, bringing assets to a record high, six years after founder Steve Cohen returned to the hedge fund industry. The firm managed about $32.3 billion at the start of this year, with Cohen accounting for a third of the total.

Point72 has an overall rating of 4.2 out of 5, based on over 465 reviews left anonymously by employees. 83% of employees would recommend working at Point72 to a friend and 79% have a positive outlook for the business. This rating has been stable over the past 12 months.

The average Point 72 salary ranges from approximately $62,000 per year for Social Media Strategist to $263,000 per year for Program Associate. Salary information comes from 127 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.