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Definitely want to keep a SWE role. I am effectively trying to find how I can best maximize my earning potential as a SWE.
by imnotreallynew 4y ago
Definitely want to keep a SWE role. I am effectively trying to find how I can best maximize my earning potential as a SWE.
- ng12 4y agoCool. Just a few thoughts: The tech and engineering discipline are always going to be worst than FAANG or one of the darling startups. That's part of what they pay the big bucks for, to minimize attrition. The flipside is that you can have an outsized impact you probably can't at a FAANG. These are the qualities you want to emphasize to get hired from industry. Hedge funds hire a lot of green kids out of good colleges so you need to bring something to the table more than just being a smart person. It's also probably not super helpful to you right now but the industry is pretty small. Once you've had success at one hedge fund it's pretty easy to get interviews at the others.
- oikawa_tooru 4y agoHow much of a pay gap is there between the quants and swe at these firms?
- ng12 4y agoIt's highly dependent on performance since quants are tied directly to a PnL number. If that number is really, really good they're making millions. More average quants are still making a premium over senior SWEs, underperforming quants don't stay quants for long. This all varies firm to firm though, especially depending on what kind of trading they do.