6 ms·

Could you point me to quant analyst job salary listing on glassdoor. I couldn't find what the job title typically is.

fatjokes 14y ago
"Quantitative Researcher" As for salary, it varies a lot. For a large hedge fund, you might look at $200K base, for smaller shops maybe $150K. Of course, most people are more interested in the bonus. Also, it varies a lot based on experience.
- bearmf 14y ago
  No one without experience will command a $150k base, let alone $200k. These are VP-level base salaries.
  - rgovind 14y ago
    Experience in programming or experience in Finance?
    - bearmf 14y ago
      Fresh out of school.
  - fatjokes 14y ago
    I personally beg to differ. I'm not willing to give much more identifiable info, so if you want to call me a liar, feel free to.
    - bearmf 14y ago
      Which companies can pay someone fresh out of school 150-200k base? Maybe DE Shaw, RenTech, a handful of other large funds. Banks just don't do it.
      - fatjokes 14y ago
        Exactly. I never said banks.
fixxer 14y ago
I know the "pull of the markets" is strong and my words will likely fall on deaf ears, but here it is: If you actually qualify for a quant job in today's crappy markets (solid technical PhD is a start; keep in mind your bonus potential is about half of what it was 5 years ago for HFT), please do yourself a favor and pick an industry where you actually get to produce something. You're a decade too late.
- rgovind 14y ago
  While I see your point, I think mentality required for this field is...be a go getter and do whatever it takes to beat even the best guys...I believe general software engineering and other fields are a little more forgiving than that.
- Stranger2013 14y ago
  "an industry where you actually get to produce something." an industry where you could actually earn something would be much better!
  - fixxer 14y ago
    so true. if i had to go back, i'd (gulp!) actually consider an IT role over trading.
bearmf 14y ago
Around 100k base for people without experience. Around 150k base for VP level (~5 years of experience). Bonus is highly variable (20-100% of base is typical).

"Quantitative Researcher" As for salary, it varies a lot. For a large hedge fund, you might look at $200K base, for smaller shops maybe $150K. Of course, most people are more interested in the bonus. Also, it varies a lot based on experience.

bearmf 14y ago
No one without experience will command a $150k base, let alone $200k. These are VP-level base salaries.
- rgovind 14y ago
  Experience in programming or experience in Finance?
  - bearmf 14y ago
    Fresh out of school.
- fatjokes 14y ago
  I personally beg to differ. I'm not willing to give much more identifiable info, so if you want to call me a liar, feel free to.
  - bearmf 14y ago
    Which companies can pay someone fresh out of school 150-200k base? Maybe DE Shaw, RenTech, a handful of other large funds. Banks just don't do it.
    - fatjokes 14y ago
      Exactly. I never said banks.

fixxer 14y ago

I know the "pull of the markets" is strong and my words will likely fall on deaf ears, but here it is: If you actually qualify for a quant job in today's crappy markets (solid technical PhD is a start; keep in mind your bonus potential is about half of what it was 5 years ago for HFT), please do yourself a favor and pick an industry where you actually get to produce something. You're a decade too late.

rgovind 14y ago
While I see your point, I think mentality required for this field is...be a go getter and do whatever it takes to beat even the best guys...I believe general software engineering and other fields are a little more forgiving than that.
Stranger2013 14y ago
"an industry where you actually get to produce something." an industry where you could actually earn something would be much better!
- fixxer 14y ago
  so true. if i had to go back, i'd (gulp!) actually consider an IT role over trading.

bearmf 14y ago

Around 100k base for people without experience. Around 150k base for VP level (~5 years of experience). Bonus is highly variable (20-100% of base is typical).