Yes, getting a hedge fund internship is hard (even if you’re MIT/Harvard MBA)

I recently interviewed a student in the Harvard JD/MBA program on Tradestreaming Radio about his advice on landing a hedge fund internship.

It was a good program — he provided actionable advice from his own successes breaking into the hedge fund industry.

Lisa Du at BusinessInsider picked up the interview and layered in expert advice on finding hedge fund jobs.

“If you know you want to get into hedge funds, you have to specialize yourself,” he said. Nowadays, hedge funds will usually target MBA students that have already have work experience in a specific industry, and bring them on to analyze the sector they used to work in.

The diversity and breadth of the stories and advice from both Pierson and the interviewee combine to lift the usual veil of mystique that surrounds the process of entering the hedge fund industry.

“It’s all about having ideas, making them known and being able to substantiate your ideas at any moment,” Pierson said about interviewing for and working at a hedge fund. That’s the ability that will get someone hired and allow them to move forward in their career.

In BI’s inimitable style, the site even made a slideshow full of hedge fund job search tips using my interview as the crux.

Anyway, if you missed it, you can check out my interview below.