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https://www.indeed.com/salaries/Data-Scientist-Hedge-Fund-Salaries,-New-York-NY https://www.indeed.com/salaries/Data-Scientist-Hedge-Fund-Sa... (quantitative a
by WilliamEdward 8y ago
https://www.indeed.com/salaries/Data-Scientist-Hedge-Fund-Salaries,-New-York-NY https://www.indeed.com/salaries/Data-Scientist-Hedge-Fund-Sa...
(quantitative analysts do not differ much from this in salary, but youre being to vague with your job titles so im not sure what you mean)
Either way, you are ridiculous. Unless this magical position requires more advanced knowledge in which case your claim about it being a simple "finance" position is wrong. Not even true in machine learning either. At this point it's no longer a straightforward and safe career path like you said it would be. Maybe you misunderstood and thought we were talking about PhD graduates. My point still stands.
Please, please, do not mislead people down career paths.
- smallgovt 8y agoEven if we work with averages, it takes on average 2 years [0] to make it from entry level quant at a hedge fund to senior analyst. Senior analysts make on average $750k/yr [1] in total compensation (primarily bonus based) at a mediocre hedge fund. The expected value after 6 years even at a less than mediocre hedge fund puts you north of a million post-tax. The typical track is 2 years as an analyst @ $200K/year and then 4 years as a senior analyst @ $750k/year. Do the math. [0]: http://www.streetofwalls.com/finance-training-courses/hedge-fund-training/hedge-fund-analyst/ http://www.streetofwalls.com/finance-training-courses/hedge-... [1]: https://news.efinancialcareers.com/us-en/266401/the-salaries-and-bonuses-of-investment-professionals-at-large-hedge-fund-compensation https://news.efinancialcareers.com/us-en/266401/the-salaries...