Career track · Hedge Funds

Hedge Funds

A fund analyst is judged on exposure, not opinions. You build a long short book, measure it by gross, net and beta, and find what market neutral still leaves you holding.

Hedge Funds careers are found across firms like

Citadel
Millennium
D.E. Shaw
Point72
Two Sigma

Company names are shown as industry examples only; no partnership or affiliation is implied.

Priority 01

Core

cannot work the seat without these.

Explore Core

What’s inside

Public Equities & Securities Analysis
Private Markets & Alternative Investments

Practise the questions firms actually asked

100 real Hedge Funds interview questions from 16 firms, each with a model answer and the mistakes to avoid.

Asked at Man Group, Balyasny Asset Management and 14 more firms

Practise interview questions

Crack the puzzles interviewers love

100 Hedge Funds brainteasers, from probability to mental maths. Try each one first, then read the worked solution.

38 traced to firms
14 topics
30 hard ones

Solve the puzzles

Work the cases like a real round

100 Hedge Funds case studies: a business, its numbers and a task. Work it on paper, then open the solution one step at a time.

31 traced to firms
13 topics
30 hard ones

Work the cases

Case 018Core

Mervaan Foods, a consumer staple, trades at 35x earnings against a five-year average of 45x. Earnings grow 12% a year and the dividend yield is 1.5%. If the multiple recovers only to 40x over three years, what annual return does the stock offer, and what if it stays at 35x?

1How do you turn a multiple view into a return?
2What if the multiple does not move, or falls?
3Is cheap against its own history a thesis?

Worked step by step inside

Free courses

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1 / 44 courses

Core

Public Equities & Securities Analysis

Private Markets & Alternative Investments

Practise the questions firms actually asked

Crack the puzzles interviewers love

Work the cases like a real round

Short Selling Mechanics

Long Short Mechanics

The LBO in Structure

Tax Aware Portfolio Decisions

Precedent Transactions and Why They Differ

Building a Comparable Companies Table

Value at Risk and What It Hides

Reading a Cash Flow Statement

Sizing a Market

Backtesting a Strategy

Hypothesis Testing

Regression for Finance

Hedging a Real Exposure

The Greeks, Practically

Futures, the Basis and What Moves It

Reading an Option Payoff

Rebalancing: When, Why and What It Costs

Strategic and Tactical Asset Allocation

Measuring Risk in a Portfolio

Writing an Investment Thesis

Building a Discounted Cash Flow

Reading a Sector Before a Company

Spotting Quality of Earnings Red Flags

Building a Revenue Forecast From Drivers

Fund Waterfalls and Carry

Analysing an Issuer's Credit

Duration and What It Does Not Tell You

Bond Pricing and Yield Mechanics

Building a Client Risk Profile

Goal Based Planning Arithmetic

Reading a Term Sheet Structurally

Credit Exposure and How It Is Reduced

Common Size and Trend Analysis

Ratio Analysis That Says Something

Building a Working Capital Schedule

Reading a Term Sheet as a Founder

How a Venture Round Actually Works

Cleaning Financial Data

Retrieval and Grounding for Finance

Document Extraction in Finance

Comparing Funds Without Being Fooled

How a NAV Is Struck and Which Day You Get

Reading a Fund Factsheet Properly

Reading an Annual Report Fast

Quant & Hedge Fund Analyst Bootcamp

Equity Research Bootcamp

Portfolio Management Bootcamp

Mutual Funds Bootcamp

Investment Banking Analyst Bootcamp

Private Equity Analyst Bootcamp

Breaking Into VC Bootcamp

Financial Analyst Program Bootcamp

Risk Management Program Bootcamp

Private Wealth Management Bootcamp

Debt Capital Markets Bootcamp

Derivatives Foundation Bootcamp