Is an MBA an asset or a liability when the axe falls at hedge funds?

Jan 6th, 2009 | Filed under: Editor's Pick, Today's Post | By:
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Optimistic analysts and economic commentators are apt to interpret a downturn as a “cyclical bear in a secular bull market”.  It seems that this phrase can also describe the current state of the the hedge fund job market.  Few question that last year was an annus horribilis for the hedge fund industry.  But Euromoney reports on a survey conducted last summer by the website Hedge Fund Jobs Digest that reached a number of surprisingly rosy conclusions.  The president of Hedge Fund Jobs Digest tells Euromoney that despite the turbulence, “There is still a strong flow of private equity and hedge fund hiring.”

Bear in mind that the survey was conducted pre-Madoff and prior to drawdowns experienced by so many hedge funds in the second half of 2008.  But it’s still interesting to note that hedge fund career opportunities went into the second half with a considerable amount of momentum.

In fact, satisfaction with hedge fund job compensation rose from 25% to 42% last year and the hours worked by a typical employee remained pretty tame as the chart from the survey below indicates:


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  1. There are a record number of people taking the GMAT this year. It will be interesting to see if people still value an MBA in a couple of years, after what has happened on Wall Street.

  2. Though the experience always counts, the fact is education and experience go hand in hand in all the field and hedge fund is not an exception.Due to decrease in AUM its obvious that hedge funds will opt to reduce their over heads and the MBAs who are paid hefty compensations,are more likely to face the threat. But then, if the industry wants to be back to its golden era, it cant be done completely without MBA s.

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