Summer interns' salaries at hedge funds
What is the summer internship pay for summer at hedge funds-- do they provide any bonuses? I have seen many threads discussing the SAs' pay rigorously, but what about the well-established hedge funds? I will be happy to hear from those who already had internships or offers for this upcoming summer at hedge funds.
Thanks.
i knew someone who interned at amaranth before it blew up and he was paid by the hour...something like $35/hr.
I don't think there is a standard. It really depends on the fund. I have heard of some people earning bonuses that result in their total summer comp to be much greater than a banking SA and other get paid less.
Bridgewater pays 20k plus free housing on a beach or something...but then youd be working at Bridgewater, where everybody is absolutely batshit insane
I think DE Shaw is 10k for 2 months + 5k bonus. I don't know if Bridgewater is anymore batshit insane than any other big HF.
culture at Bridgewater is very cult-like from what i've heard
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