Point72 — Academy, Investment Analyst

Graduate Programme · Hedge Fund

Status

Listed

Location

London

Level

Analyst

Deadline

Not published

Status checked against the firm's careers feed — last synced 9 October 2026.

Key details

Deadline: Not published by the firm; treat the role as rolling and apply early.
Cover letter: Required — see our Cover Letter Studio.
Visa sponsorship: Listed as available for this programme. Eligibility is normally set per vacancy and per location, so confirm the wording on the listing.
Process: OA→Pitch→PM Interview
Trains banking analysts and grads for buyside research.

How to prepare for this one

Graduate and full-time processes assume more polish than internship rounds: technicals, live case discussion, and a crisp story about why this desk.

A row of seven identical desks marked all the same from here. Lev stands beside the one with a small flag planted on it, marked why this one, holding an open folder marked live case. — Every desk looks alike from outside. The graduate round asks why you planted a flag on one.

Practise it, don't just read it

Free, no sign-up, and short enough to finish before you submit.

Depreciation Waterfall10 minThe schedule a real model uses: one layer per capex vintage, each depreciating over its own useful life, with the charge as the column total. Switch the life, switch to an accelerated method, or type over a capex year and watch the stack move.Three-Statement Linker8 min"Depreciation goes up by $10, walk me through the three statements." A fresh event every time, graded line by line across the income statement, cash flow and balance sheet, with a check that turns green only when your balance sheet balances.

Build the model this seat is tested on

A working Excel model with live formulas. Work with it online free: change the inputs and watch it recalculate. A free account also takes the starter workbook to build yourself.

Discounted cash flow model40 minUnlevered free cash flow to a share price Comparable companies model35 minCalendarised, LTM, trading and transaction multiples

Browse all 19 models

Walk in with something

Each of these produces a piece of work an interviewer at Point72 can ask you about. Free to run as a preview; Pro runs the full version on the stronger engine.

Stock Pitch BuilderFreePitch architecture: thesis, variant view, valuation, catalysts, risksAbout 45 min of your time Earnings TeardownFreeOne-page earnings delta memo + questions listAbout 25 min of your time Filing DiffFreeMaterial-changes memo with source citationsAbout 20 min of your time

Also open in Hedge Fund

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Before you send it

Point72 screens on the document, not the intention. Suro reads your CV the way the screener will and writes back in the margin: structure, whether the bullets carry evidence, and whether it survives the parser. Back within 48 hours.

CV review, $25

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