Intern Pay Day
Dang... You got to love how the fight between IB and Tech for new talent is generating tangible $$$!
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Monthly salaries over the summer from the article:
Jane Street Proprietary Trading 16,356
Citadel Hedge Fund 13,933
Bridgewater Associates Hedge Fund 11,750
Akuna Capital Proprietary Trading 11,458
Cowen and Company Investment Bank 10,775
Point72 Asset Management Hedge Fund 10,750
D.E. Shaw Hedge Fund 10,417
Quantlab Proprietary Trading 10,250
Susquehanna International Group Proprietary Trading 9,951
Credit Suisse Investment Bank 9,450
Evercore Inc. Investment Bank 8,950
Citigroup Inc. Investment Bank8,695
Bank of America Investment Bank 8,468
Deutsche Bank Investment Bank 8,439
Millennium Management Hedge Fund 8,333
Goldman Sachs Investment Bank 8,333
Perella Weinberg Partners Investment Bank 8,233
Morgan Stanley Investment Bank 8,005
PJT Partners Investment Bank 7,773
Blackstone Inc. Private Equity 7,266
Some banks pay by the hour too so people there make so much money!Like wells pays 40/hour plus OT so on a 65-70 hour workweek, you would take home like 3100-3400 a week so over the ten weeks around 31k-34k. This is not including them paying for your flight tickets and the bonus. I know MS pays 50/hour so they make even more. Hourly banks are the top of the line outside of the huge quant firms that are just insane
Rerum veniam quidem corrupti excepturi iste. Qui laboriosam modi voluptatum enim consectetur quas unde rerum. Optio aut nam doloremque aut consequatur. Cumque sit non sint veritatis non occaecati. Quis aut iure ducimus fuga. Dolorem sint qui minima. Facere consequatur ut provident fugit occaecati qui.
Qui quis consequatur doloribus libero beatae dolores illo. Reprehenderit animi quia beatae veritatis omnis porro autem. In quia ducimus quidem. Soluta vel voluptatum quae.
Ipsa dolor dolor veniam modi quia est. Accusantium aut placeat velit quis. Excepturi impedit nostrum ex in.
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...