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Even 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 ave
by smallgovt 8y ago
Even 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...