Age of Riches: Hedge Funds Altering MBA Goals

Article

An interesting article highlighting the growing changes that are found in the business world. Hedge funds, which had often been seen as an investment for the elite, are now being managed by a new generation of energetic men fresh from college. Many of these new college graduates entering the business are making 6 digit and 7 digit salaries.

Now it seems a transition has begun favoring those graduates with more “hands-on experience” and potential rather than those going to graduate school for their MBA. The traditional approach is being bombarded with “Why did you leave your job? What were you doing wrong that you couldn’t get a promotion… or pursue an opportunity with a private equity or hedge fund?”

No doubt the world of business is very volatile and chaotic but often offers rewards beyond some of our wildest dreams. But there is a dramatic change that is reshaping the world of hedge fund investments. MBA’s are gradually falling out of place as hedge funds are favoring those who have already begun. It is noted that many seeking an MBA are from different backgrounds or those switching out of other careers, a trait that disfavors you in the business world.

Which leaves us with the awkward question: for those of us who truly want to aspire to great things, should we take a detour off of the main road? As we yearn for the world to hear us, will the normal approach of education, college, and work… work?

-Kevin Z