RenTech base salary & bonus in the good year
What would be the base salary at RenTech for a first year researcher/analyst, and bonus in a good year (assuming Medallion Fund returns)?
Thanks
lol
You’re not getting in. Dream on
So what? Man just wants to ask a question and dream—let him
Any bonus is possible in a day dream
A lot of the comp is having the privilege to invest in medallion, where if you compound at 50-60% for 5-10 years you are set for life.
But one thing is for certain- one of the most secretive firms in existence has tons of data points from the young analysts they churn, so just keep asking around and you’ll find it! There are like 200 people at the company and even less in investing roles and no one ever leaves…
Realistically you would be deciding between completing your 3rd PHD and winning awards in physics, or moving to Long Island to get rich, so unless that’s you I wouldn’t worry too much.
1. Andrew Altamirano, equities trader in RenTech, previously logistic foreman with Business Adminisdtration from Stony Brook University.
2. Daniel Bloommenthal, trader at RenTech, BA finance from University of Arizona.
3. Liam Cuff, Data group at RenTech, BA History from James Madison University.
4. Vincent Ferraro, Data group at RenTech, Business Adminstration from New York Institute of Technology.
5. Maryn Tillman, associate at RenTech, BA History and political sciences from Syracuse University and MBA from Fordham University.
6. Sayan Chakraborti, principle at RenTech, PhD Astronomy and Astrophysics from Tata Institute in India.
7. Abhinav Kumar, Researcher at RenTech, PhD math from Harvard and associate Prof at MIT.
8. Paul Cuff, Researcher at RenTech, PhD Electrical engineering from Stanford and assitant Prof. Caltech.
9. Ryan livingston, Software developer at RenTech, BS computer engineering from Farmingdale State university.
Quick search, apart from Quant researcher roles, seems no very demanding qualifications at RenTech. Even the Quant researcher roles I have met people with higher acheivements yet they choose not to go to finance.
Trader at RenTech is execution trader, they execute orders to rebalance portfolios, not the typical prop trader who make risk-taking decisions. Software developer is middle office role. Researcher is the real money-making roles, all the rest are support
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