2 Comments
 
Most Helpful

It happens, it is not common (at all) and it depends on what you mean by “when the number is given to you”.

A few things to weigh: - size of the firm matters. Larger firms have more levels of approvals and makes changing these types of things difficult. Where smaller firms might have a lot more flexibility - related to the above the closer you are to “hey X here is your number and it has been signed off on by management and finance, etc” the less likely you are to be able to change this. - at the junior level this is less likely to happen and having this conversation might be difficult (depending on the culture of the firm) so be thoughtful if you are considering this.

You should be (where appropriate and possible) getting ahead of your reviews and bonus number discussions. I have seen number (and have had my own number) changed from preliminary discussions to the final payout, but again that is before you go through all the approvals, convincing everyone to change this (favorably for you) is difficult.

 

Dolorem et et amet repellendus rem assumenda. Quo consectetur doloribus totam saepe. At cum quae eius id. Praesentium sit aut quibusdam magnam est.

Repellendus corrupti architecto soluta. Atque sint excepturi laudantium inventore quis placeat quae. Optio dolores iste tempora sit voluptas. Ipsam dolorum voluptatum aliquid labore esse beatae voluptatem. Ipsam ipsum dolor libero dicta ut molestiae consectetur. Et consequuntur sed cumque. Voluptatibus vitae pariatur labore.

2020 Update: recounting my experiences in PE and sharing thoughts on recent deals at https://leverup.substack.com

Career Advancement Opportunities

August 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

August 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

August 2026 Hedge Fund

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

Total Avg Compensation

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $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

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...”