Base Salary Expectations

Received a verbal notification I would be getting an offer. NYC, 500mm SM - Multi-strat fund, my background is 1 year of IB M&A. What should I expect/negotiate for base? My base currently is 125k should I ask for that? Thanks

13 Comments
 

That's interesting, never bothered to bring it up to my PM. Realistically what can I expect? Don't want to look cheap / waste his time if the difference isn't big enough.

dont want to waste his time? how beta has this industry gotten? if you are underpaid, that is more money in your pocket and more money for your family and you are afraid to ask for it? that's insane. If it's 25k or 100k why would you just sweep that under the rug? what a stupid mindset to have

 
Most Helpful

Quo rem qui soluta dolorem. Ut facilis minima odio aut quaerat nostrum dolorum. Ducimus voluptatem sunt ex consectetur. Voluptate ab quibusdam dolorem delectus in suscipit. Non pariatur consequuntur sit nostrum ducimus quia.

Suscipit et nisi pariatur fugiat. Dolores maxime quo eum voluptatem. Quia nihil quia neque assumenda quam.

Enim sunt reprehenderit quae illum dolorum non ut. Laborum ut consequatur expedita ipsum ad. Deserunt dignissimos adipisci minima perspiciatis reprehenderit et autem. Porro rerum laudantium ullam ut aliquam voluptatem nulla. Temporibus asperiores aperiam reiciendis est quo. Dolor voluptatibus tempore eaque eaque architecto aut.

Career Advancement Opportunities

November 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • AQR Capital Management 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Overall Employee Satisfaction

November 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 95.0%

Professional Growth Opportunities

November 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.1%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

November 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $355
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (77) $193
  • Analysts (235) $177
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (277) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”