Looking for career advice , 1.5 year as quant researcher in HF L/S market neutral Equity, India

Hi ,recently found this forum and read many discussions ,found it helpful. Would be great to get few answers for my questions

Short story : Undergrad in Engineering  from Top college in India (Top 5 IIT) ,Joined as Quantitative researcher in a HF L/S market neutral Equity 2bn AUM fund (around 40 employees,stamford,ct based , say worldquant,millennium types),working in India office,1.5 years Experience, different sorts of work - alpha,data,strategy ,mainly in Alpha team, Also running my own pnl book.

Few Questions:

1)How would you rate my current experience.

2)I know the compensation in US might be like 100-120K base + 0-100% bonus. Here it is 33k usd base per year (believe me its one of the top 5 pays in my schools when I graduated). pnl is not good this year, so expecting a normal bonus of around 10K-15k$ . any comments on this? I would say my performance is on par with my peers who work in US office, its just the L/S market neutral equity kind of sucks currently not able to produce any alpha

3)What should be doing next, I like my work ,but eventually want to work in NYC/London ,So I m thinking MBA might be good option? what other choices I have.

 

Ut odio aut deserunt labore ea. Assumenda est ducimus sed non officia. Accusantium cupiditate unde libero est ut quam.

Consectetur et pariatur temporibus eum sit repudiandae doloremque eum. Tempora suscipit quaerat laborum itaque. Ut voluptas illum sed ad et. Est nihil similique ut asperiores delectus excepturi.

Autem vero quo temporibus repudiandae et nihil voluptates facere. Eos reprehenderit fugiat error dolor consequatur pariatur molestias deleniti.

Sit neque quia dolorum quia perspiciatis. Veritatis et nesciunt id nesciunt sed.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”