Vote: Chicago or Wharton or a US hedge fund

nspyhk

I have got three offers at this moment

1. Wharton
2. Chicago
3. a USD 15bilion AUM US hedge fund's offer as investment analyst

My background:

Male, a top5 Mainland university bachelor degree

4.5 year work experience in HK

3.5 years as analyst/trader in a top Asian alternative asset management's hedge fund team in HK.

Which should I choose?

cannedpineapple

Honestly these numbers have me seeing stars. Sometimes I *REALLY* wish I enjoyed Finance

rosemarychina

BTW, the average first yr in HF in the US is roughly $250k+ but some good ones pay even more ($500k)

rosemarychina

Though I'm not in finance business but I know what a privilege it is to work for a hedge fund - it opens the door for you and you will be ahead of many post MBA people.  HFs don't necessarily like MBAs and some of the big guys in the industry (e.g. Steve Cohen) only have a bachelor's degree.  The monetary and spiritual reward is tremendous in a top hedge fund.  I will definitely recommend Top 3.

pawpawbear

Thank you, Regirl07. Your advice is very helpful and it is what I have been thinking and debating about too.

Good traders dont' equal to successful founder of a new HF. Especially I don't have a US education and that makes it even harder to convince US LPs to invest with me. Investment is a monkey business and branding and selling capability is the ultimate key to success.

Morespring, Glad to meet you, I will send your my MSN and keep in touch

yyferboy, I was not trying to be arrogant and I am just an employee working for someone else. Nothing really awsome to be arrogant abt in the first place. I am just telling u a matter of fact that in my case Wharton is a negative NPV in short term. I don't think any Wharton MBA graduate joining a HF as junior will get paid USD 1 million a year.

-- by 会员 nspyhk (2010/3/31 12:59:48)

我也不相信你一个本科毕业4.5年的南大毕业生可以拿到投行junior MD的base+bonus的水平。香港也不可能。请行内人出来评评真假。

-- by 会员 yyferboy (2010/3/31 16:02:48)

完全有可能的吧。

wongrichx

Hedge fund  is a really fantastic area
people can make multi-million or even billion a year


http://www.dailymail.co.uk/news/worldnews/article-1262877/Crisis-crisis-Top-25-hedge-fund-managers--including-George-Soros--pocket-average-1billion-2009.html

no other jobs can offer such crazy reward
it can drive people mad

If I was you, I would pick the HF without second thought!

kevingu

go to hedge fund。
to asset management/alternative investment，MBA is nonsense

francescaff

You probably cannot get a HF job after MBA.

cannedpineapple

It looks like we have very different career goals and background, so I'm not sure that what was a good fit for me would be a good fit for you.

That being said I loved them both, for different reasons. Chicago had amazing teachers and academics, and the city was just plain awesome. Wharton on the other hand is a very dynamic place with students that are involved in all aspects of school and extra-curricular life, and this makes for a very rewarding all-rounded experience.