<p>This thread is full of overblown, idealized information. Yes, HF managers make a lot of money, and yes, they hold very lucrative jobs, but you must have no clue how hard it is to get into HF’s straight from undergrad. First off, do you know what a Hedge Fund is? I’m assuming you know a little, but here’s the scoop-</p>
<p>With a hedge fund, you have a ton of risk. Second off, most people who start off at Hedge funds will have had previous Ibanking experience, so your idea of starting off as an analyst in HF is incredibly rare- those spots are generally considered for the top of top applicants from the HYPSM +W caliber schools. That means the path gets even tougher, as you have to compete among students who will be as smart and ambitious as you are, and if you think that you are within the top 1% of students at the top 1% of schools, then great, you might just have a chance at landing a FT offer from a HF. </p>
<p>Even then, you’re never guaranteed promotions to Manager level; heck, you’re not even guaranteed an associate spot. As I previously stated, HF’s are also extremely volatile, and a few big mistakes can easily collapse the entire fund (ever heard of Bear Stearns?).</p>