Citadel starting salary reddit.

• Citadel starting salary reddit And very few are making more than 200k. Jane Street pays £275k, citadel £230k, HRT £240k. Top prop shops pay 200-250k usually. The best starting salary would be at a FAANG company with total comp being $140k+ (includes both base salary and company stock grants called RSUs) but it’s notoriously tough to break into these companies. Market neutral funds like citadel and Point72 consider anything above like 3% as a good year. ) Company (start-up, scale up, mid-market, enterprise) You will get the highest offers from established tech companies in the US - particularly metropolis tech hubs like SF, NYC, Boston. Last updated: 5/17/2025. As for Corporate Finance, I would except between $55k and 65k starting salary for junior positions, $85k to 90k for senior spots, and like $110k+ for management and director levels. Software salaries can range anywhere from minimum wage to 500k+ a year. Signing is 50k and stub is like 30-50k so in the first full year you can expect 255-275 total. If a place has a median home value of $800,000 per year, then $200,000 is pretty good. tech/faang will be salary + stock + bonus. Salary: 130k usd Bonus: 1m. You have 0 years of work experience post undergrad so you are not eligible for post-MBA roles and won't earn any more than undergrads who are graduating. 45 votes, 40 comments. In Citadel’s case, it was to the point that they fired the original showrunner and took over themselves. I know online MBAs get a bad rap here, so that was the main crux of my question. Yes, with marbles you can potentially make more than at Jane street. The numbers you quoted (£70-80k) are just the base salaries, bonus and RSU's take the TC above £115-120k(fresh out of college). Not sure what you said to trigger these people lol, but i’ll try to answer the question. But average first year salaries are usually around 250-350k on a “regular” year. 2K comments. May I ask about location: where are most of the jobs located? You make 150k-200k USD in the valley as a swe and 300-400k as a quant at top hft firms like jane street, two sigma bruh. Starting salary is slightly higher for graduates (~45k). Title: swe Location: Chicago Duration: 12 weeks? Salary: $200,000 annual salary prorated Housing: $5000 Company: Amazon. A financial analyst in a proper finance firm isn’t the same as a financial analyst at a bank, but banks like to say they’re part of the financial industry doing financial analysis and AI. When I got the other offer, I told Citadel no. You in broking? That starting number is very specific, was what a big ABC firm was paying in the day Considering Optiver salary (that you posted) is pretty close to that in the US You mean the €75k base + €100k bonus that I found online, or the €200k guaranteed they claimed? Because they didn't really use the words "base" and "bonus", they just said "new hires have a €200k salary". edit to add: This seems to match that distribution chart that was floating around not too long ago. LC stats: 200 solved (40/120/40) over the course of ~1. Unsure about target bonus. Like what is going on? Apr 10, 2025 · How does the salary as a Quantitative Researcher at Citadel compare with the base salary range for this job? The average salary for a Quantitative Researcher is $314,004 per year (estimate) in United States , which is 20% lower than the average Citadel salary of $397,130 per year (estimate) for this job. Two Sigma was 250k first year all in (150k base, 50k sign, 50k guaranteed bonus) and Citadel was 400k first year (150k base, 150k sign, 100k guaranteed bonus). He was advised of the starting salary and we explained the vector for raises / promotions. 26 votes, 29 comments. Realistically: 850k-1. Jan 27, 2019 · From lowest to highest first year compensation, the companies went Two Sigma, DE Shaw, Five Rings, Jump, Old Mission, Hudson River Trading, and Citadel. And your career is 40+ years long. Citadel employees rate the overall compensation and benefits package 4. Compare the average MFE grad salary to the average MSCS grad salary for a fair comparison. Optiver: ~£110k base. But a principal makes 40% more. It is very cheap for the companies to pay interns as they do not pay insurance and other stuff. Also leaving a job (especially a good one) that you have had for less than 3 or 4 years can reflect badly on you, so take that into consideration as well. The tier, according to pay, is top tier Unicorns/Hedge funds: Jane Street, TGS, Ren Tech, Open AI, etc. Quant devs make 400-500k starting at companies like Hudson River trading and citadel. 309 votes, 78 comments. Even if you contribute $0 from there you’ll have $11. highest guaranteed 1st year JS offer for a new grad i've seen was 900k in 2021 (expect lower for 2022+), which included sign on. I even heard Two Sigma is on the lower end of the hedge funds/prop shops in terms of pay. Regardless if you are engineer or management, making that much money is usually some sort of capped salary and given a lot of bonus and stock. I also spent a lot of time networking. You make 150k-200k USD in the valley as a swe and 300-400k as a quant at top hft firms like jane street, two sigma bruh. Citadel pays higher than anyone else out of undergrad so not the best metric. As an American you don’t really want to be at the local hospital just because lack of English. This is not a new grad offer and it is for an infrastructure/software engineering position. Also interestingly Duolingo pays 170 in Pittsburg which has a similar COL ( 17% cheaper than Philadelphia ) 450k is way higher than average. Nov 13, 2022 · Citadel Quant Pay Progression. When I left, I hired 2 devs with a starting salary of ~55k. Both programs are pretty similar in the sense that I would be working on several different teams for a span of ~1. I know Jane Street is ~ £150k+, TwoSigma ~ £110k, Citadel ~ £85k, Palantir ~ £90k, Bloomberg ~ £65k. We would like to show you a description here but the site won’t allow us. Around 140k is salary, and the rest is signing bonus/yearly bonus. Levels. Recently went to a superday at a tier 1 AM firm for a research analyst role. - 2022. Two Sigma/Jane Street/Citadel) can start at 300-400K? Salary averages will also vary a lot based on: Geographic location (country, city, state, province etc. He understood and was initially satisfied with the offer. Realistically after 10 years in tech you'd be looking at a ~80-90k salary or probably less. i don't Base got to $400k, largest bonus I got was just under $850k, but I was earning $350k base at the time, still the most TC I pulled in 1 year though. I posted (now removed) my salary progression in the OP as a data point which they said I'm bullshitting/flexing when I've been 1) good at my job (probably not top 5%, but maybe top 10%) 2) lucky because of market volatility induced by COVID so comp has been a bit inflated, especially this year because I Finding it difficult to get up to date figures for new grad SWE salaries at tech companies in London. E. • Salaries run upward of $500,000. $400k base tends to be the ceiling for most career quants in my experience, although the best quants and those at top funds will be able to get a higher base. If a place has a median home value of $400,000 per year, then $100,000 per year is pretty good. Someone got a $595,000 offer, as a new grad Algo Dev at HRT. Applied on August 13, got OA on same day instantly! Completed OA on 26th, got phone screen in 2 days. Please only post an offer if you're including hard numbers, but feel free to use a throwaway account if you're concerned about anonymity. An internship shouldn't be about the money. Citadel did outstandingly well and their equities franchise did something like 21%. I wasn't stuck in one subject during years and worked in a number of different projects gaining experience such as doing independent research, defining system specs, analogue front-end design, signal acquisition, embedded If you are asking about Engineering @ Citadel, you won't get a good answer on this subreddit. Exactly. No fund that’s over 20bn AUM is gna be returning something like 50% lmfao. 124 votes, 65 comments. 83 votes, 80 comments. Next best would be at a large financial institution (think Bank of America, Goldman Sachs, etc etc) who pay CS new grads 100k+…. Mar 9, 2023 · Graduate traders are earning salaries of as much as $600,000 straight out of university as Sydney becomes an Asia-Pacific hub for tech-driven trading companies. Citadel Securities is an award-winning global market-maker across a broad array of fixed income and equity products. hft will generally be salary + bonus. My buddy makes that right now. So if we assume the average starting salary is for a 27 year old (21 undergrad+ 6 years PhD) and a base of 400-500k and TC 700k Now think about how much more an IB analyst can grow from a 21-27 age (high achievers can reach VP). Depends on which team you are at global equities. For finance Citadel is certainly a "grail" for most people, and for engineering its also pretty up there*, but you can make a good argument for going to Google/Meta/Other top tech co. Thats around 300-400 fresh grad jobs a year total maybe at levels far higher than most tech roles, and far far more than 0. It’s citadel. You come out of school making 6 figures and then slowly creep up through salary bumps. If you were given $140k to quit your job and roughly a year of time off with health insurance, what skill would you get trained in to re-enter the workforce at a salary of $150k+? upvotes · comments Apr 10, 2025 · How does the salary as a Quant at Citadel compare with the base salary range for this job? The average salary for a Quant is $246,400 per year (estimate) in United States , which is 28% higher than the average Citadel salary of $191,490 per year (estimate) for this job. Similar firms like Optiver typically pay $250k base for 1st year grad traders. Get the Reddit app Scan this QR code to download the app now What is a reasonable starting salary in London, UK? Optiver, GSA, Citadel and the like) can be Good points. Most pay $175 salary and the “300k” is with a full year bonus. Only difference is I used a competitive offer to bump from $130k to $190k. But more importantly his point is that companies that are comparable for a quant, are not comparable for swe. For starting salary citadel is 350k on average in us. The average salary in tech is ~60k. Not too sure about Citadel specifically (didn't realise citadel securities was in Aus). you trade a phys book, but your book helps inform larger paper positions that make $$). That's a nice write up and very insightful. Salary: 150k base, 80k signing, 20k perf TC: 250k year 1, 210k recurring (perf goes up to balance out signing) Location: Chicago 3) Company/Industry: Trading (Citadel/HRT/JS) Title: SWE Salary: 150k base, 100k signing, 80k perf TC: 330k year 1, 230k recurring Location: Chicago or NYC Sep 3, 2021 · • A new report gives us a glimpse at what some of the best hedge funds pay their top talent. Year one post undergrad: 43k Year four post undergrad: 49k Year one post MBA: 100k (salary - not including signing/moving) Year three post MBA: 137k (salary - not including bonuses) So yes, it can be worth it. Oct 11, 2023 · From talking with my CS friends, getting a SWE job at FAANG aint too easy. new grads are usually in the 200-250k range. MM PE, $3-5B fund. And I would ignore the 2k different. Seems like new grads at these and similar places earn ~600k their first year. One big problem with PE work is it’s all basically paperwork and billable hours. Thanks :) Saw someone do it last… We would like to show you a description here but the site won’t allow us. You can easily make 80-120 jr, 120-140 mid, and 140-160 Sr base in Chicago. Just to give you some more data, OP. This year, my buddies at optiver made about 500-600k because it was an insane year for the entire firm. Because HFTs pay better than banks Citadel's internship can land you in their FTAP program which is know throughout the industry. I've been hearing a lot about the company, but I'm unsure if what they do. There prior qualifications are probably a bachelors degree and maybe a masters degree. I am manager of small European fintech companies business in Hk. So you might be $200k on a $2 MM job (10% is common engineering costs for large projects) but making even 10% on the other $1,800k is $180k of pure gross margin and most contractors are charging Apr 10, 2025 · How does the salary as a Software Engineer at Citadel compare with the base salary range for this job? The average salary for a Software Engineer is $147,104 per year (estimate) in United States , which is 43% lower than the average Citadel salary of $260,005 per year (estimate) for this job. For reference, my firm's new grad package is around 220k-250k. The key thing with all of those projects is that they were gigs they were hired for, they weren’t the creative leads. Don’t know anyone in london prop shops but buddy worked for top global macro HF in london. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Decacorns like Stripe, Databricks (and airbnb and doordash etc) The average remuneration package is still huge regardless of the bonus, and when asking about a particular job most people assume a base comparison to the general population. MBA: Some 25-30 year old who has 4-5 years experience making basic Excels and PowerPoints. the expected value of future salary when beginning at a quant fund is lower due to decreased future mobility)? Never said salary = total compensation. I'm guessing this is because of salary range laws. Please only post salaries/offers if you're including hard numbers, but feel free to use a throwaway account if you're concerned about anonymity. Citadel… Ye those numbers are possible. They hire from MIT and Harvard. I always say that you should go for a company where Engineers are the top dog and with HFT, that's not the case. Use the below post template as a starting point, but feel free to add more information/context if you For starters I left my gpa off of my resume and only included it when an application prompted me to. However on average for banks averages seem to be a starting salary of 50-60k base going up to around 100k after around 4 YoE. Not too many PAs are making more than 150 on a 40 hour work week. Is this actually remotely possible? I assumed this was a joke, but people seem to believe it. the base salary range for this role is United States Average Annual Total Compensation $357,726 Base Salary $274,371 Stock Grant (/yr)$5,000 Bonus $78,355 Making $350k a year you'll have to be at least a L6, which is an extremely unstable and toxic position to be at. Pay back then was PM-driven. Citadel: ~£110k base. If I didn't get that other offer, I would have considered Citadel. Most starting salaries are either at Citadel Securities is an award-winning global market-maker across a broad array of fixed income and equity products. After tax if you’ve got a million saved, exit and go do something else. Citadel, JaneStreet, HRT, Optiver, TwoSigma, D. Negotiable starting bonus. Holy shit we started the same year at the same salary and have had almost the same progression. the base salary range for this role is Apr 10, 2025 · How does the salary as a Quantitative Trader at Citadel compare with the base salary range for this job? The average salary for a Quantitative Trader is $305,974 per year (estimate) in United States , which is 21% lower than the average Citadel salary of $389,757 per year (estimate) for this job. They have been working for about 10 years or so according to LinkedIn and apparently they made close to 100M in all-in compensation including deferred components in 2022. 10 votes, 25 comments. Nov 19, 2016 · Citadel Hedge Fund Salary. Citadel kinda counts since it's in Chicago. 5 years No strategy as such for LC, but if I were to recommend anything, it would be to skip questions on topics you’re already comfortable with. Like from a variety of sources I see maybe like 160k salary maybe like 35k stocks and a few thousand bonuses and things like that. Salaries at Citadel Securities depend on the group, division, department or function. Long hours, stress, is just not worth it. For salary progression it would heavily depend on your exams, each exam you pass would give an increment. In addition, the employee who fills this role will be eligible to participate in a discretionary incentive compensation program, Hi, so I am thinking of applying for a quantitative trading/research internship for 2021 (know it is a long way, but prefer to think in advance), and looking mostly at HF/prop shops in London. For an interview…. If you're ready to explore a career here, we're ready to hear from you. This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). 701K subscribers in the FinancialCareers community. 6/5 stars. • We share the data from Bridgewater, Two Sigma, Citadel, AQR AFAIK, Facebook pays ~£75k, Bloomberg ~£70k, and trading firms like Citadel, Jane Street and Two Sigma pay >£100k. I’m wondering how a new hire with 0 experience makes $90k+. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. e you were top of your class in Stanford/Oxbridge/MIT etc and you did your PhD on some of the most revolutionary work possible. How much can a quant make straight out of undergrad? Is it true that top firms (e. Hi, I’m in the interview process for a quant researcher position in a Hedge Fund based in Switzerland. Citadel is just a company. People, specially graduates, feel like they are some sort failure if they don’t make to these type of companies. You are pretty much looking for whatever the starting salary of a fresh undergrad grad is. 8 bn AuM… I have a bachelor’s in business and went to get an MBA. What I am curious about is, if there are companies like Jane Street/Citadel/HRT, that are paying new grads up to 400k, then why isn’t “the dream” considered those places? Yes, interviews at those trading firms are hard, but not that far off from FAANG as far as prep goes. What does salary progression look like year by year? Posted by u/Electrical_Ad_9568 - 234 votes and 68 comments 145 votes, 81 comments. Your promotion is tied to your Your career is based on starting on the right foundation and it's good to do something you like. 5mm in restricted stock that doesn’t best for 5 years, it isn’t life changing money it’s the promise of being Save and quit. Rule of thumb is higher risk / higher reward based on how close you are to alpha generation and monetization. They flew him out and treated him for 3 days just for an interview. One guy (Top target, math major) said he had an offer at Citadel Hong Kong that was 200k total comp starting. It is imperative to maintain the interns because hiring is much more expensive. If you are talking energy at trading houses, the big 4 you likely cap out at 250k salary. 188 votes, 123 comments. My first job out of college was with a well-known Ed-Tech company. 720 votes, 292 comments. Posted by u/AppropriateNord - 8 votes and 8 comments Posted by u/weIBnow - 18 votes and 24 comments Salary: $32. Title: swe intern Location: NYC Duration: 10-12 weeks Salary: don't remember CSCareerQuestions protests in solidarity with the developers who make third party reddit apps. This has to be the highest new grad HFT offer I have seen, beats even top Citadel new grad offers by a very large margin. There was also an unofficial one from two weeks ago here. 5 years. A $350K-$400K raise from my next best option would. sign on depends how much they want you. r/cscareerquestions and even r/cscareerquestionsEU really talk up the career and only see to mention the people who make insane incomes ($2 million+), and by spending time on there one would think that as a quant you'll be making that kind of a salary practically as a guarantee. When I stated many years ago starting salary’s were sub $60k with the top folks earning $120-$140k. e. I dont think quant traders live that long after leaving they suffer from substance abuses and trauma sustained from constant high levels of stress alot of former traders I know take their own lives when they cant take it anymore. There's usually a salary components which tops out at $200k plus a "discretionary" bonus which could be any number starting from $200k or so. Since the intern salary thread is pretty popular, I wanted to make a thread for those of us who are graduating and beginning work Spring/Summer 2020. Plan your career in the wide world of finance. Therefore, would like to ask here… 16 votes, 21 comments. . 292 votes, 1. 5M by the time you’re 65 assuming a 7% interest rate. Friend interviewed there. Salary seems to be better on the hedge fund side (200k-300k starting vs 100k-150k at BB), but is there embedded career risk when starting out in a HF as opposed to within a BB and then moving laterally later on (i. 5 years out, Citadel will pay just as well as FB if not more, depending on what part of Citadel's business you work for. I doubt that the graduate salary is going to be that high. See last year's Salary Sharing thread here. Getting a job and leaving after a year is a dick move. fyi collects anonymous and verified salaries from current and former employees of Citadel. It’s nuts to me that there are analysts making $45k and some making 100k. Cherry, The Gray Man, and now Citadel, on the other hand, were all things they were the primary creative force on. Engineers usually cap in the 220k-240k base salary range, where upper management base salary caps around 300k, and both will be getting hefty bonuses, RSU, and other stock options. 57 votes, 32 comments. As soon as we made the formal offer, he started trying to negotiate what we'd already agreed upon. I'm currently a sophomore and will graduate at… Why are so many people getting such a high salary? In the transport industry which I want to work in, what I see is that the salary level is generally about £30k for a junior dev, £40k for a senior dev and £50k for a tech lead. Shaw. Also, starting your career at 120k-150k is awesome, a real privilege that less than 1% of the world's population gets to do. 39/hr for the average of 20 hrs OT I pull/pay period. I think starting salary is 250k USD (if you are in US). HRT: ~£100k base. On slow times or if you are starting out, you may not exceed $100k. Salary: $150,000 annual salary prorated Housing: $5000 Misc: transportation costs, weekly massages! Company: Akuna Capital. Might have changed now. true. Then bonus can be % of book or discretionary on some books that are more team focused( I. In accordance with applicable law, the base salary range for this role is $150,000 to $300,000. Hi all,I go to a top 20 Undergrad, major in math, want to work in asset management and recently was hired as a summer analyst for PIMCO in Newport Beach. Starting salary for us is 30-35k. Apart from these companies, does anyone know of companies that pay a lot for a graduate software engineer? In accordance with applicable law, the base salary range for this role is $150,000 to $300,000. 2nding for Chicago and NYC. I started at 46k about 8 years ago, and my boss told me that was one of the highest starting salaries he had seen at that point. expected bonus should be somewhere in the ball park of base pay for new grad. Starting salary would be around high 3 low 4 for most insurance/RI firms. How much do the likes of FAANG pay here and are there any other companies I should be aware of? Cheers. The Citadel would be less expensive, faster, not require either the GRE or GMAT ("We do not accept the LSAT, MCAT, etc. this candidate had a competing offer from citadel HF. Employees who work in the Prop Trading group tend to get paid the most at at Citadel Securities, earning an average yearly salary of $350,000. Akuna pays like $200k for a grad. Thoughts? What sort of candidate gets such an insane new grad offer since the folks who get those 450K Citadel offers are very exceptional to begin with? It’s real. But your professor is right as well. You should check the situation with health insurance, the coverage varies a lot by company. Like hotels and some extra stuff. Nobody I know in this industry makes more than $275k salary. "), and have the option of in-person classes. Employees in the Quantitative Research receive relatively high salaries as well, where wages average $350,000 per year. It specifically mentioned average salary and average total compensation. over Citadel as an engineer, and there are certainly other better trading firms to be at as a SWE. I mentioned salary is 81k, but total compensation average is 84k. if 200k bought you an Citadel is an equal opportunity employer. Citadel Securities employees rate the overall compensation and benefits package 4. No normal person will get hired there We would like to show you a description here but the site won’t allow us. And quants😭, they pay above 200k straight out of University. In addition, the employee who fills this role will be eligible to participate in a discretionary incentive compensation program, Even HFTs usually don't report their entire compensation as salary. as long as you aren't at a start-up the stock at a public tech company is as good as cash, as it can be sold, but value will fluctuate. Expected salary and total compensation from Citadel for 3. Find a role that helps you follow your passions and apply your skills. 300k base pay is for experienced hires. 5 days ago · Citadel's salary ranges from $76,380 in total compensation per year for a Recruiter at the low-end to $586,071 for a Software Engineer at the high-end. Jane Street: ~£150k base. Theres many posts about Citadel NG pay, how does this scale as you work more years? how much do senior quants and MD quants make at Citadel and CitSec? #tech #citadel #citadelsecurities The average Citadel Securities hourly pay ranges from approximately $31 per hour (estimate) for a Security Guard to $183 per hour (estimate) for a Quant Trading. From what I see most companies give an increment of around 3. Salary? Experience? Which year in school? Company name or location if you wish to disclose. 18 months after starting would be your first full year bonus with potential to hit 100-200k and be at the “300” mark people quote. Anyway this is not salary, interns do 3-4months there. ~£100k target bonus. You have to be a genius but they are real salaries Reply reply That would be enough of a salary in that area to afford the average home. Tier 1 HCOL City Senior Associate 3YOE $250k base, 100% bonus expectation (so 500k TC) $250k received 70+ hr/week I was in the middle of interviewing with another company, but had no offers when I started with Citadel. Citadel will be higher, but they've also got really bad WLB and culture from what I've heard on Reddit. Entry level TC at Facebook is £115k-£120k TC(base+equity+bonus) and at Google it's even higher. 7/5 stars. Currently have interviews with Facebook's Rotational SWE program for E4/SDE2 level, and Citadel's NXT program (1-3 YoE). 26/hr, tons of available overtime plus shift bonus of $10/hr due to short staffing, base salary means $58. There is very less information available online about salaries of quants working in India. My memory is hazy (and redditors probably embellish details) but I think they pay new grads $150k+. Also, the competition at Optiver is incredibly tough. I hadn't considered since my school has the joint program with The Citadel. Yeah those killer salaries do exist, but don't forget to factor in the COL there. I’m still trading size, so could lose everything in the next couple weeks. New year, new salaries, new jobs. 26 an hour (90 pro rated) with a 7500 relocation stipened. g. The pay seems quite competitive to me at $43. Friday will be the thread for people with more experience. When sharing, please use the following criteria: Industry/Company: Job title: Geographic area: Base salary: Total comp: Benefits/Other: I worked for one of the companies you listed and if you are starting your career they might be great if you like having no life. That’s ~$3. $97k is my projected for this year. I. fyi , Glassdoor, and asking chatgpt seems to indicate this. 16 votes, 13 comments. A $100K raise from my next best option is not going to move me. 303 votes, 282 comments. Can't find any info on salary progression other than 300k is possible and 80k is a normal starting salary as a first year. Cause I've been going through threads on here and WSO and most of the people posting are have gotten offers from like 7 companies and they're getting 400-600k new grad TC which I know cannot be realistic for most people. But if it’s structured as $500k in salary and $3. This is the official thread for sharing your current salaries (or recent offers). I've seen offers for Citadel with 150k base, 150k signing bonus and minimum 100k bonus which translates to 400k total comp the first year which is insane. The perfect fit salary was $130k. Hey I got super lucky and copped internship offers at IMC and Citadel for SWE. 6 years of relevant experience I recently got an offer from Citadel for a specific team in NYC. They have 1. I’m based in Sydney Australia and here “mid-level” salaries are in the 100-150k range, which is peanuts compared to SV or Seattle, but it’s extremely comfortable here. $68k base salary. The starting salary was better compared to the industry but now I feel like I'm making less than my full potential. All my free time is spent coding, including weekends, so if you include that it’s probably close to 90. What do experienced traders earn, I would imagine at least double their starting compensation. $200k is not a low salary in terms of what you can buy with it, as most people think of a salary relative to the lifestyle it provides them (e. I went to every career event at my college, reached out to tons of people on LinkedIn, set up informational interviews with people in jobs that I was interested in, and applied to probably 100 internships. No stocks (or marbles) for new grads. It is also location dependant. Got this information on the weekend on the square flyer like 8 months ago. 5k for having all exams passed. Hi Would you know what could be the total comp of a quant with 4 years of experience in a big hedge fund (e. As someone who’s at FAANG and started training to do interviews, the success rate is around 10%. Smaller companies will pay less. We provide all individuals consideration for employment and advancement opportunities without regard to race, religion, color, gender, pregnancy, national origin, age, disability, military or veteran status, sexual orientation, genetic information and any other classification protected by applicable We would like to show you a description here but the site won’t allow us. 15 Hours worked per week: strictly trading: 60-65 hrs a week. All the jobs in this sector in my area are union. The top numbers look excessive. So unless the company you work for is mistreating you, stick around for at least 2+. I had a position open and interviewed whom I believed would be a great fit. I’m a execution trader at a quant HF where the researchers are the ones generating signals and therefore eligible for P&L sharing and the highest compensation. If it's not for you, it's not for you. 1%. Plus health insurance. 54k - metro - public defense - 2019 Still in the public sector (not criminal) and just a promotion to $82,500 last week. The average Citadel hourly pay ranges from approximately $21 per hour (estimate) for a Dietary Aide to $189 per hour (estimate) for a Quantitative Researcher. And that's fine. On the trading desk, we manage risk intraday and exercise some level of discretion in semi-systematic books, s From my experience, BW tends to pay devs lower than citadel or HRT. $300k+ starting salary if you're a PhD grad from one of the top research groups in the world, and land a gig at DeepMind, FAANG, etc etc etc. defense is typically all salary + small bonus. Very good graduate salary. Work life balance would depend on the role you are doing. I’ve seen new hires get offers $90k plus. I do not know much about the intern salaries there (or at least the range), I only know they are (relatively) high and am really curious about the numbers. Then the company came back and I left for $230k. Just the 10-12 banks i mentioned above will probably hire 10-30 grads (IBD, S&T, PB, others) each at 10-15k starting salary before bonus (which can be 30-150% of base at entry level for these jobs. Posted by u/Slight-Dragonfruit-3 - 87 votes and 78 comments Jane Street no question. Also, look into Asset Management What is median total compensation of a senior quant trader at a top firm such as Jane Street, Optiver, and Citadel Securities? By senior, I mean 5+ years of experience. A shot at faang just requires solid internship experience and some luck to be interviewed. Some of the other candidates and I got together afterwards to get lunch and we brought up our other offers. tsvn hzszmadd pkeuyj xai tfdmsl ezrm tagtfw ecbazmc ydiwlyc zlovhph