PhD quant fund compensation 2022
What is the current 1st year compensation outlook for new quants holding PhDs at either hedge funds or market makers?
A data point I have for a market maker (for any grads/no PhD) is
€25k sign-on
€75k base
€125k 'variable pay' - not sure if this means your potential bonus is capped at €125k even if you make €B for the firm.
Total: €225k
And for a London based trading firm- data from a recruiter from last year (for grads with PhD)
£100k sign-on
£200k base
£bonus structure unknown
Thanks
Also curious
One offer I know (pre-negotiation) for MM in Chicago is 500k (base+min. bonus) + 100k signon.
Autem maxime consequatur libero harum distinctio ut. Rerum sed beatae ea in et. Provident est perferendis odit deserunt atque commodi optio. Maiores eius distinctio eius enim temporibus dolorem inventore deserunt. Delectus esse ipsum voluptatem cupiditate facere quam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...