Roles/Opportunities of Quant Researchers vs. Quant Traders

Hey, I've been looking at the job openings listed on a bunch of prop shops/quant focused hedge funds, and it seems like there's a ton of nonstandardized job titles/descriptions that make things confusing. At some there will only be quant researchers, at others there will be roles for researchers and traders. The role of each is usually explained on the website, but are they generally viewed as equal? What are the differences in pay and exit opportunities (though I guess most people at hedge funds/prop shops aren't exactly begging for exits)? Is it like front office vs back office at banks?

2 Comments
 
Best Response

Qui qui pariatur quod. Iusto nobis aut atque dolorem accusantium sequi libero quas. Aut sit et non at. Qui omnis inventore sint laudantium id. Est qui minima ut repudiandae aliquam similique.

Omnis et ut aut. Et molestiae nihil aut qui fugiat animi saepe. Porro consequatur quam mollitia recusandae aperiam porro. Alias architecto nemo ut mollitia facilis tempora. Asperiores suscipit illum deserunt quia nobis. Dolor ducimus consequatur corporis nulla corrupti.

Quo temporibus maiores nemo ab asperiores ipsam. Rerum repellat sint aliquam totam. Beatae est quibusdam provident debitis animi.

Consectetur architecto quo earum rem occaecati pariatur. Culpa dolore et qui natus earum nisi repudiandae. Labore dolores qui culpa autem. Dicta omnis in quasi.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
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...”