First Year compensation for PhD Finance
First time poster, so sorry if this has been answered before. I was wondering if anyone had an indication of what to expect for initial compensation for a finance PhD student from a top 5-10 program in the US. I have no private sector experience aside from a few internships. Upon graduation, I have an offer to join as an analyst at a multi strategy fund with around 1-5 Billion in AUM. Does anyone have a range of what they think a reasonable offer is so that I know if my offer is competitive?
Hi econ_finance, the silence is deafening, sorry about that.... Any of the threads below helpful?
More suggestions...
Fingers crossed that one of those helps you.
Bump
Not sure about econ or finance but for quants (PhD in CS, Stats, Math, Physics, etc). I think ~$400K is pretty typical. There's a lot of variance though and the strongest candidates will get much more.
Thanks for the reply. Any thoughts on what it would be for a fundamental research as opposed to quant position? It’s an uncommon path which is why It’s hard to find information.
With a phd I would say the minimum for “competitive” (when we are talking about top established places) is $200k all in, I would expect most offers to be closer to $250-350k all in for top places (with 50% of that or so in bonus)
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