Hedge Funds
- 675
- questions
New to this? Read the lessons first. 6 tracks, in the order to learn them.
Open LearnDrill sets8 sets
- All topics675 questionsMixedEvery topic in one set, shuffled, the way a real interview jumps from your story to a DCF to a market question.Sign in to save scoresStart this set
- Behavioral, HireVue17 questionsInsight HireVueThe recorded first round for insight and sophomore programs.Sign in to save scoresStart this set
- Behavioral143 questionsBehavioralsWhy a fund, why this strategy, how you think, and how you handle being wrong.Sign in to save scoresStart this set
- Markets125 questionsStock pitchLong and short pitches and the follow ups: variant view, catalysts, what is priced in, the bear case.Sign in to save scoresStart this set
- Modeling107 questionsValuationBuild and defend a number fast: multiples, DCF shortcuts, earnings math, sum of the parts.Sign in to save scoresStart this set
- Technicals84 questionsForensic accountingQuality of earnings, cash versus accruals, and the red flags that start a short.Sign in to save scoresStart this set
- Technicals136 questionsRisk and sizingHow much to own, hedging, portfolio construction, and what to do in a drawdown.Sign in to save scoresStart this set
- Markets80 questionsMarkets and macroMacro and sector views, rates, and how a market move reaches the stocks you own.Sign in to save scoresStart this set
More ways to practice
- Cases10 cases played step by step, with exhibits, the math, and a model answer. The first is free.
- Speed drills1 timed math drills, new problems every run.
- Voice mockAn interviewer asks out loud and you answer out loud.
- Timed interviewsA screen, a first round, and a superday on the clock, scored at the end.
- Modeling testsBuild the model in a sheet against the clock.
- Terms80 Hedge Funds terms, each with a worked example.
- Company sets19 firms, how each one interviews and what it asks.
How the interview runs4 stages
- 1ApplicationResume, sometimes a written stock pitch up front.
- 2First roundAnalyst or PM. Your pitch, how you think about risk, why this strategy, what you read.
- 3Case and finalA take home or timed case on a public company, defended in front of a PM. Expect pushback on every number.
- 4OfferSmall classes, decisions can be slow or instant.
What gets askedShare by topic
- Stock pitch and thesis defense40%
- Valuation and modeling25%
- Risk and portfolio thinking15%
- Fit
Read next
- How To Break Into The Hedge Fund Industry Out Of UndergradWhy direct undergrad hires are rare, which programs exist, and how the stock pitch interview works.WSO
- week in the life of a Hedge Fund analyst.....A long/short analyst lays out a full week of reading, calls, and PM meetings.WSO
- Q&A: 3rd Year Hedge Fund AnalystAn analyst answers questions on hours, how ideas get made, and what juniors are judged on.WSO
- Confused about buy sideA 2026 thread on who actually gets into programs like Point72 Academy and what the profile looks like.Reddit