<p>Check this out: <a href="http://news.yahoo.com/s/usatoday/20060526/bs_usatoday/363misaveragepayfortophedgefundmanagers%5B/url%5D">http://news.yahoo.com/s/usatoday/20060526/bs_usatoday/363misaveragepayfortophedgefundmanagers</a></p>
<p>good luck becomming a hedge fund manager...these guys are at top of their game for MANY years.</p>
<p>Check out the ibanking thread in this area for more details. The postings on there give a lot more info on what it takes to get through the whole program to get to this level--about 1 in 5,000 people out of a top business program will get to the Managing Director level--and only 1 out of 10 of those will ever have a shot at fund manager. And this is after years of 80 to 120 hours/week of work in a tough environment.</p>
<p>I thought people quit ibanking at the associate level to go into private equity/hedge funds/venture capital/whatever.</p>
<p>Do most people who quit ibanking go on to be angel investors or venture capatalists?</p>
<p>Yes, people quit investment banking at the associate level to go into other fields at a similar level. There are also many people who go directly to work in private equity/venture capital (same thing - different stages) and hedge funds straight out of business school. It doesn't mean that you typically make the really big bucks until you've paid your dues in any of these areas.</p>
<p>WOOOT! You get lots of money for being a Hedge Fund manager?!</p>
<p>Stop the press.</p>
<p>I love how the same topics, questions, responses get repeated over and over again :).</p>
<p>cause 1.4 billion is like better than gold....(ok that didnt make sense)</p>