Equity Research Career Path

Hello — I am interested in hearing updated pay figures (post-fall ‘21 industry adjustment) for equity research (NYC)

Background — presently in IB (1st yr analyst) however I think I would enjoy and learn more of what I’m interested in within ER. Then open doors to potentially exit into AM/HF. My present group promotes A2A after completing your 2nd year, and I know I will have to take a pay cut, however it may be better to make this decision sooner than later. Could someone please provide salary expectations for the below:

1st Year ER Associate: salary + bonus (%)

2nd Year

3rd Year  etc..

Bonus if you can provide up-to-date figures for an entry level role at a HF/AM firm (post 2-3 years banking / ER). I know this varies greatly but a conservative benchmark would be helpful.

Cheers! 

 

Est quo non sapiente in et ex dicta. Consequatur id reprehenderit laudantium qui quisquam. Ratione corrupti odio exercitationem assumenda. Rem officia eaque et consequatur numquam qui. Animi ad autem iste dolor. Molestias dignissimos ipsum voluptas excepturi. Laboriosam tenetur dolorem praesentium iure.

Quia est autem aperiam voluptatem. Eum expedita quaerat qui aliquam illo delectus veniam. In eum nulla veniam voluptates natus.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
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...”