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Based on the most helpful WSO content, transitioning to T. Rowe Price with your background (STEM PhD > MBB > BB ER) and 2 years of sell-side equity research experience, you can expect the following:
Relocation to Baltimore is indeed common for T. Rowe Price roles, as their headquarters and primary operations are based there. Keep in mind that the cost of living in Baltimore is significantly lower than NYC, which could make the overall package more competitive in terms of take-home value.
If you're looking for more precise numbers, it might be worth reaching out to current or former employees on WSO for updated insights.
Sources: Choosing Between Buy Side vs Sell Side in Equity Research?, Breaking into buy-side equity research - my experience, Q&A: Equity Analyst at a Sovereign Wealth/Pension Fund, I'm a Senior Sell-Side Research Associate, Q&A, https://www.wallstreetoasis.com/forum/investment-banking/qa-md-in-ma-and-capital-markets-with-bulge-bracket-and-boutique-experience?customgpt=1
Not the answer you want to hear, but probably 200k for pre-MBA role.
does he not qualify for analyst roles given his PHD background? Don't think he needs to start at associate level?
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