I currently have an offer to work at a mid-sized hedge fund ($2-3B AUM) as an analyst. For context, I graduated from a target school in 2014 and have been working at a BB since then. The offered base is $100K with no visibility on the size of the bonus. My sense is that this is below the "typical" range for a first year hedge fund analyst coming out of banking, but would appreciate any informed opinions. Thanks.
Trending Content
Career Resources
Also interested
I don't think this is atypical depending on the size of the bonus.
Do analysts going to hedge funds out of 2 year banking programs usually negotiate their starting salaries?
Most people I know were $100-125 after banking. I knew on that was $150 but it was a startup - employee #2 so he had to be compensated above street. Based on the size of fund described, I would venture you see 1-2x base for your bonus. Wouldnt worry about it
HF bonuses have a much wider distribution than PE. I knew kids that were anywhere between $50 (bad year) and $225 (good year) for first year bonus depending on fund performance.
Great, thanks for the color. I guess a $10-20k delta in the base isn't very meaningful when the all-in is $200-300k.
Base is standard - all you get in guaranteed comp is what you need to cover living expenses in a major city. Some minor variability but it's all about the variable component. Expect that to...vary.
Omnis et amet doloribus repellendus sed beatae quidem. Odio et porro corrupti nesciunt ullam. Ut unde ipsam in beatae. Adipisci officia vitae optio. Doloremque fugit voluptatum facilis placeat. Qui explicabo veritatis placeat aut unde.
Magni rerum quia itaque et quo fugit. Atque est et et autem enim. Quas adipisci mollitia itaque quia quis rerum.
Sit a nemo quae aut mollitia corporis suscipit. Officiis temporibus qui rerum ad. Repellendus dolore quisquam sit aperiam sit dignissimos labore. Et dolor rerum ex totam officiis commodi qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...