Highest paying quant firms.

Highest paying quant firms 5 Lakhs to ₹23. Deutsche Bank vii. Pay? For its New York quant roles, salaries at Virtu reach up to $200k, but you can expect to earn more in total compensation. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. I think OP conflates quant and graduate consultants. Not the highest paying (a root c++ dev at another shop will make more), but on average pretty close and tends to put tech in line with quant. J. Quants Skills and Education Financial Knowledge . internships are still in tech. Walmart Labs. - Cit, Cit Sec, Jump, 5 Rings are pretty good but nothing Jun 25, 2024 · A quant trader may work for a small-, mid- or large-size trading firm for a handsome salary with high bonus payouts, based on the generated trading profits. Best pay is quant finance in HFT trading firms like HRT, Two Sigma and Jane Street. IB pales in comparison to HFT pay Sep 13, 2024 · Highest paying quant firms. Aug 9, 2021 · The latest quant salary survey from global recruitment firm Selby Jennings doesn't say exactly how much the most senior quants are making at major funds, but given that quant traders can get up to 50% of their P&L as a bonus and that they might be managing $50m+ of funds which could rise in value by 5% a year, $1. Top 100 Quantitative Trading Firms to Know in 2025. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Those are very different structures and very different jobs. Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, WhatsApp or voicemail). Here are the top 10 quantitative trading firms you need to know about this year. BNP Paribas iv. . Not all the shiniest opportunities are in America, however. I added also some firms. P. Mar 30, 2023 · I have worked at one of the top paying quant firms, here to clear up some things. 6 Lakhs to ₹32. Since their staff size is low, they can afford to pay them higher. Mar 24, 2025 · Based on 249 data points for quantitative researchers since the start of 2024, the average salary in the US is $193k, which is higher than the New York average of $189k. You can earn even more as a graduate quant trader. Jan 27, 2019 · From lowest to highest first year compensation, the companies went Two Sigma, DE Shaw, Five Rings, Jump, Old Mission, Hudson River Trading, and Citadel. Salaries, reviews, and more - all posted by employees working at the top companies hiring for Quantitative Analyst jobs. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. I have seen many posts arguing that quant is one of the highest paying software engineering positions. We would like to caveat that following the Jan 2020 introduction of Labor Law Section 194 in New York, and similar rules in other states, it became Apr 10, 2025 · The estimated total pay for a Quant is $245,831 per year, with an average salary of $106,505 per year. ” Stripe and Two Sigma’s explicit levelling structure allowed the site to publish their data more reliably, but Musa insists that at other hedge funds, “New Firm: no need to name the actual firm, feel free to give few similar firms or a category like: [Sell side, HF, Multi manager, Prop] Location: Role: QR, QT, QD, dev, ops, etc YoE: (fine to give a range) Salary: Bonus: Hours worked per week: General Job satisfaction: Jun 7, 2013 · Quantitative analysts design and implement complex models that allow financial firms to price and trade securities. Almost all the HFTs pay higher because there is a lot of competition among them. Goldman Sachs viii. and BNP Paribas S. Employers include the trading desks of global investment banks, hedge funds, or arbitrage trading firms, in addition to small-sized local trading firms. Those numbers are wrong, i was on higher comp in my first quant job fresh out of uni 6 years ago in London and that was in a big bank so not the top paying companies either. Instead, the goal of this section is to share a few companies that are actively hiring and pay near top of market. There are almost too many “top quant funds” to list, but I’ll give it a shot. Sort by : And most places aren't doing 175k base and 100k sign on. The goal is to make sure you understand the quant landscape and know all the relevant names so you can maximize your chances of breaking into the industry. 7. However, I was wondering if making truly big money- say, getting a 9+ figure net worth- is more feasible in the quant or tech industry. Feb 10, 2024 · Of course, the highest-paid positions are with investment institutions, such as hedge funds or other trading firms, and part of the compensation depends on the firm’s earnings, also known as the profit and loss. TC $160K 1 YOE. Bigger companies typically pay 35. Shaw We would like to show you a description here but the site won’t allow us. - JS is consistently great for SWE. While the exact number may vary depending on the firm, the top 10 highest-paying quant firms over the past year had an average salary of $130/hour. Shaw, Renaissance, Two Sigma, Citadel, AQR, Point72 (formerly SAC), Quantitative Management Associates, AlphaSimplex, Capula, PanAgora, Acadian, Man Group, Millennium, and Bridgewater. Also I suggest scoring each firm by reputation ranging from Tier 1 to Jul 4, 2021 · Salary of Quant Trader (Strategist) in High-Frequency Trading Firms in India Trading firms in India typically scale very well generating more and more revenue keeping less number of employees. 0 credits left. So no one bothers me when I show up late and leave at 1 lol 2 days ago · What are the highest paying jobs as Quant? The top 5 highest paying jobs as Quant with reported salaries are: investment banker - $468k per year . Which quant firms can potentially pay more than Citadel? I know the usual suspects (HRT, Jane Streets, Jump Trading). 600k is indeed extremely rare even among top firms and requires multiple offers for quant from Citadel, Radix, HRT etc Aug 1, 2022 · What are some of the highest paying HFTs and Quant firms? Based on your experience. Jul 16, 2024 · Quant research pay dwarfs all others in Asia, as expected. Nov 29, 2017 · Here are the top 10 highest-paying companies for AI engineers: 1. PDT Partners, LLC. Some of the top funds include D. Most quant jobs are in London and New York where the living cost is really high. 5m with the highest paid partner receiving £4m. Nov 11, 2020 · The Top Quant Funds. However, there are several prominent Quant Hedge Funds that have had a significant track record, and while longevity is no guarantee of future staying power, these firms are considered leaders in the Quant Hedge Fund space: D. The majority of quant/trader offers (among the tier of firms named in OP) lie around the 200k-250k range all in. IMC Trading, another trading firm, ranked third, paying its graduates $262. Fundamentally, you want to join a top hedge fund. Morgan ix. , top electronic trading firms will hire you on a salary of $300k. New Hedge Funds are being established on a daily basis (and often, it seems, are shuttered equally quickly). The best paying jobs are almost always on the Nov 17, 2020 · One of those firms is Jane Street, whose $200k starting salaries we've written about before. Many financial securities, Jan 6, 2020 · If you're a quant and you want to spend 2020 maximizing your earnings in New York City, recruitment firm Selby Jennings has some pointers for you. Quant hedge funds saw massive losses in 2020 as machine This report analyses the salaries of Quantitative analysts/researchers in the quant trading industry from 2019 to date from a universe of the top 70 quant hedge funds and proprietary trading firms. I was wondering if people knew in general how much the average TC is for new grad as a SWE at the highest paying quant companies such as Jane Street, Citadel, HRT, Two Sigma, etc. I graduated from a Russell Group university in 2017 and joined one of the best performing quantitative trading firms in NYC as a Software Engineer. Here are three case studies on New York firms that are paying well above the aforementioned figure. The funds' accounts also reveal the extent to which employees are skewed towards engineering jobs. Dec 19, 2024 · The highest verified pay figures come from Californian quant firm Voleon Group. The average starting salary is around ₹2. Share. There is a never-ending debate on whether hedge fund A is better than hedge fund B, and we certainly aren’t going to resolve that age-old question in this article. I just saw the post "Significant Quant employers" and thought that it was time to update it since the topic interest everyone and is dead and not being updated. Another is G-Research. E. - Last year, two London partners at AQR divided £8m between them, with the highest paid receiving £6m. security analyst - $157k per year Jan 7, 2021 · Needless to say, partners are paid considerably more. The estimated additional pay is $139,327 per year. Click to skip ahead and see 5 Biggest Quant Funds in The World. Beyond that, They don't pay me anywhere close to my value, given how much I've made the firm (my group has made the firm over 1bn and just my IC work makes investors a couple hundred mm per year). Uber. " Another source says G-Research, the London-based quant trading firm, also hires interns on $200k salaries. Jun 23, 2023 · Quantitative trading firms play a crucial role in the financial industry, leveraging advanced technology and mathematical models to make data-driven trading decisions. Can quants make millions trading for themselves? Dec 9, 2018 · (10) GTS — Founded in 2006, GTS is a proprietary quantitative trading firm that is the New York Stock Exchange’s largest Designated Market Maker (DMM), where it is responsible for maintaining Dec 20, 2024 · This year, there's competition; Dutch high-frequency trading firm Optiver ranks second, paying its graduates $337. Thing is none of these numbers take living cost into account. In this article, we explore the Top 19 Quantitative Trading Firms in the United States, and how they play a unique role in the evolving global financial landscape. There are far more offers handed out than those exceptional ones. Despite recent mass layoffs, the highest-paying U. financial analyst - $231k per year . 200k (even Roblox pay 240k) is literally what tech pays, top firms must and do pay more. DE Shaw & Co. Now, lts dive in! 1. May 6, 2023 · The Top 25 Highest-Paying Internships. S. Apr 20, 2025 · Google is among the highest-paying companies for a quant, offering a median annual pay of $262,000. E. 5. The 12 firms mentioned in this article represent some of the best quantitative trading firms known for their expertise, innovation, and track records of success. Probably the one at finance with highest salary earning potential is at PE MF like Blackstone, The Carlyle Group, KKR, Apollo, Warburg, among other top PE firms. Quant roles at firms such Jane Street. Aug 22, 2016 · I revamped this list. If you are looking for the best-paying companies for quantitative analysts, you should consider The Citadel with a median quantitative analyst salary of $163,410 or Oak Hill Advisors with a median salary of $144,799. The highest-paying quant trading companies for SWE in London 2. fyi co-founder Zuhayeer Musa says that “Hedge funds and high frequency trading firms are absolutely the highest paying companies, especially for quantitative developer roles. g. Renaissance Technologies. Two Sigma Investments, LP. Feb 3, 2025 · Ex-Jump Trading quant researcher Georgios Petropolous joined as quantitative strategist back in July. Two Sigma was 250k first year all in (150k base, 50k sign, 50k guaranteed bonus) and Citadel was 400k first year (150k base, 150k sign, 100k guaranteed bonus). Nov 4, 2022 · They have some core engineering positions but in general aren't trying to win the "have the best tech" game. This article will explore the landscape of high-paying quant firms, highlighting the top players and the factors that contribute to their lucrative compensation structures. Edit: Should be Quant firms not fintech* Nov 21, 2022 · However, working at the top quants firms can give you significantly higher outcomes, especially considering that these firms tend to give extensive bonuses. the key to landing the high-paying jobs is a resume filled with experience Mar 25, 2025 · As a result, top firm pf quant trading salary offer exceptionally high compensation packages to secure the best and brightest. Credit Suisse vi. I mean they will reject you most probably unless you are under 1000 (mostly it's 500-700 in top firms)(700 being the least rank) Source : one of my uncle's works for a big quant (he had an AIR of 5xx and was rejected in final round then he did masters from MIT and joined a competing firm). Some of these firms include Citadel (Securities & GQS), Millennium, Jump Trading & Tower Research. Apr 18, 2025 · On average, Quant Analyst salaries ranges from ₹2. The firm offered $500k to one graduate in its Hong Kong office this year. Morgan Jan 5, 2023 · Levels. Jul 2, 2021 · Salary of Quant Trader (Strategist) in High-Frequency Trading Firms in India Trading firms in India typically scale very well generating more and more revenue keeping less number of employees. Apply to jobs near you. The work you do at these places varies: (1) It could be that you run pure quant strategies (2) Or you may run “quantamental” strategies that trade information or research from the fundamental side of the firm using quantitative methods (3) Finally, you may be in more of a “support” role where you run risk, execution and/or data analysis Aug 20, 2021 · The highest-paying quant trading companies for Quant Dev in London YOE 4 It would be great to know: 1. Lazard x. data scientist - $221k per year . Oct 1, 2022 · Standard offers (no negotiation) for SWE and quant traders are 350k to 450k in NYC/Chicago among top firms. Ironically, banks and insurance companies may not pay as well as the hedge funds do. A PhD quant researcher there will earn $22k per month, in addition to a $20k sign-on bonus. The anecdotes passed around about the biggest offers paid by the best paying firms are outliers. Average salary for AI engineer: $314,746. Before diving into the top 100 quant firms, it's important to understand the different types of firms in the industry: 1. Bank of America Merrill Lynch ii. And Investment Banking is probably the one that is easier to break than quant/PE straight out of undergrad. Oct 15, 2022 · Best Quant Hedge Funds. To put that into perspective, this totals over $270,000 a year. The top 3 companies in India where a Quantitative Researcher gets the highest compensation are Citadel Securities LLC, Citigroup Inc. Pays higher than both tech and finance, but requires very high technical bar. High-Frequency Trading Firms (HFTs) The best companies for quantitative analysts to work for in 2024 are Google and Citigroup. 3. I know that starting quant salaries can be absolutely insane (e. 6. I added a new Category (Crowdsourced / decentralized) and kept the same categorization. Selby Jennings' North American quant team have just released their salary and bonus survey for 2020. Mar 2, 2023 · How are Quant Interns Compensated? Quant interns tend to have the highest salaries amongst interns in other fields. 4. Based exclusively in London, G-Research is a quant research and technology firm whose quants start on salaries of £150k ($198k). 5k on average. Post. Miami is the top paying city in the US, but the top paying firm is a lesser-known prop trading firm from New York. This guide provides an overview of the 100 most important quant firms, offering insights into their trading strategies, market specialization, and career opportunities. Upper limit TC for a quant research director is $500k, more than double the upper limit of the next highest paying function: data science. In my experience, there are certain firms that are known for paying way above their competitors, and sometimes just to stop other firms from hiring the talent. Glassdoor recently compiled the top 25 highest-paying internships of 2023 based on salary reports from March 2022 to March 2023. Citadel LLC. 0 20 544. A. Feel free to add more! List of Companies hiring interns/full-time quants a) INVESTMENT BANKS i. Bonuses are paid on top. Note: Individual compensation may vary as some contracts (especially the signing bonus) can be team dependent and/or subject to negotiation. Citigroup v. Barclays Capital iii. The rise of these firms can be attributed to advancements in technology, increased availability of data, and the growing complexity of financial markets. Browse the top companies hiring for Quantitative Analyst jobs. In this guide we provide a vetted list of 80+ quant firms for recruiting and break them into categories. 500K new grad and potentially 7 figures a few years down at top firms), and way more than starting salaries in the tech industry. Many chicago firms (DRW, IMC, Optiver) have first year TC (including sign-on bonus) <= 400k for their QT/QR roles. Jane Street Jun 6, 2024 · The cost of living and the local demand for the work are among the factors affecting wages. Top companies and specialized roles may offer higher compensation. Hedge fund DE Shaw is another of the industry Jan 26, 2021 · In this article, we presented the 10 biggest quant funds in the world. 5 Lakhs per year, with the highest salary reaching ₹11. Average salary for AI engineer: $265,698. Telegram: @AlexMcMurray. Aug 3, 2020 · While the firm has expanded beyond quant strategies to include a macro fund and long-only investments, DE Shaw's alumni have been a player in the quant world and the world at-large. 00% more than smaller companies for a Quantitative Researcher. Pay in its Irish entity averaged $350k for 47 employees. A new grad SWE getting 400k reoccuring is on par with the absolute highest paying firms in the industry The following sections will break down the compensation for quantitative interns at the top 10 highest-paying quantitative trading firms. The averages online also seem decent. Before that, I spent a summer interning as a Trader at a smaller shop. At DE Shaw, three partners shared £8. Who else? Before anyone suggesting Rentech, I must say their performance is actually quite questionable (just search online for their recent performance) #citadel #hrt #janestreetcapital #jumptrading Apr 22, 2022 · One headhunter says top computer students with PhDs can earn even more: "If you have a PhD from somewhere like MIT in the U. Plus, if I left, my entire team would follow and the firm would be up a creek. 25m is highly likely, and many Jan 7, 2021 · Needless to say, partners are paid considerably more. Hide company name. 5 Lakhs per year. , LP. AQR Capital Management, LLC. 2. Quant firms have become major players in the financial markets, often outperforming traditional trading firms. Netflix. llgy lzfp imcj xzzvw ifjup baot deyro dej vls mqgkpvv kkoa vava ncono rjxls okqb