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Are internal lateral moves always a huge pain?
Drop your SIDs
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Question to ask is what will set you up to go to the best BSchool. If it’s a top Hedge fund, that will help differentiate your application a little compared to the hordes of IB / Consulting folks.
If management is your end goal - the bschool you go to will make the biggest difference as that is where you will jump to management from.
I’d pick the HF. If you know data science, it seems like IB wouldn’t help you tap into it. A lot of people start out at IBs to eventually move to the buy side, so why not go buy side when you can?
Side question OP: did you interview at an IB and get the offer with (what I assume) no IB experience? Just curious because I heard it’s hard to lateral into IB from another finance field
If your goal is management do IB
IB if goal is management, HF if your goal is making money