Highest Paid Out of Undergrad
Curious to know, what's the highest salary you've ever seen for someone straight out of undergrad (finance role answers lol)? What was the role, and where did they graduate from?
Curious to know, what's the highest salary you've ever seen for someone straight out of undergrad (finance role answers lol)? What was the role, and where did they graduate from?
Career Resources
That I’ve personally seen: Exxon, chemical engineering degree, safety engineer, UH, $95k, $8k sign on bonus
I’ve had a friend tell me his brother made 250k starting at Citadel with a total gross salary of 500k. More than that as a salary straight out I’ve never seen; guy went to Harvard I’m pretty sure.
Quant?
Yes those are the quant researchers. 500 is high, highest is generally 400. Most will be ~250 all in.
yea I have also heard of this, kids from MIT tho
this is more common than you think for those who negotiate. (But definitely, number of people who can pull off a 200+K quant trading/research/engineering position is probably around 100ish each year).
Have a friend making 150K base + 100 K signing bonus + 100~150K target bonus. School in the midwest. Another friend, same school, similar TC, different firm.
Also Harvard is overrated. MIT kids are more likely to get these positions.
I wonder what his other offers were
Heard of a guy who went to Duke and got $10mil/yr just out of undergrad for a role in New Orleans. Absolutely wild. I think he only did 1 year of undergrad too, but had been on the radar of the firm that hired him for a few years. One of their top vendors gave him a contract for like $10mil/yr too in addition.
KING ZION
what is this referencing?
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Seriously?
I wouldn’t add ncaa basketball under “interests” on your resume.
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Oh boy, ok I will do my best here, I feel silly even typing this up, but it’s a slow day in quarantine. You are either trolling me which is fine (I’m an old man so maybe this is more rampant than I thought), or your ability to connect dots as people gently hint you to the right answer is very bad (and somehow you get very defensive that you aren’t a clueless college kid, I know, you have one year of experience, but “whoosh” this went way over your head as your comments aren’t understanding the hint...). I’ll assume you aren’t a troll and try to help, I am a bit surprised I have to do this so I hope you are trolling. I really thought I had given you enough breadcrumbs to piece it together and laugh to yourself, but things got weird very quickly..
The person that made the comment about the Duke University student who got a job in New Orleans for $10 million a year after only one year in school is talking about Zion Williamson. Zion is a professional basketball player who did a year at duke (see my reference to not adding ncaa basketball as an interest on your resume), he was the first overall draft pick in the NBA draft (see comment around how he had been on the firms radar for a long time...nba scouts). He also got lucrative shoe deal with Jordan shoes (see comment about additional income from vendor...)
Anyway, I’m quarantined so figured I’d write this up, but I sure hope you were just messing with me. You also got super defensive which is really odd over a comment like this.
£130k + Bonus for HFT firm in London.
$15m base. Kid went to work for his dad in the middle east. To this day I am not sure what he does at work other than getting paid.
Edit: his dad had a net worth of $5-10bn
buddy of mine went Rbc and made 3 mill his first year
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