Vote: Chicago or Wharton or a US hedge fund

zack_wong

U r good at trading, but that's all. That's what I can see here...

wwwzzz

i'm not sure if this is how you should talk to others, even anonymously in a virtual world. Understand the pressure, but calm down. Nobody is trying to discredit you here, unless you are doing that to yourself.

yyferboy, excuse me, but you are totally a Red Neck.

First, I am a trader+investment anlayst

Second, performance fee is the key. HF gets 20% cut and the trader normally gets 5-10%

Third, IBD is ranked the lowest in the fianance industry and we buyside see them as stupid jokes. IBD MD is nobody to us, not to mention their pay.

Fourth, my boss' package is USD 40m last year FYI. I am a small potato in comparison

Last but not least, if you don't have constructive advice, and you don't know a shit, pls shut up.

-- by 会员 nspyhk (2010/3/31 16:48:42)

cannedpineapple

This thread is getting very ugly. Tone it down, or I'll close it off. That would be a shame, since LZ is asking about an important topic that can benefit many and I enjoy reading people's opinions about it.

So, please.

nspyhk

Btw, Jason, what is your opinion on the school choice since you went to both Chicago and Wharton?

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.

francescaff

You probably cannot get a HF job after MBA.

kevingu

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

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!

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。

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.