Highest paying quant firms Almost all the HFTs pay higher because there is a lot of competition among them. 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. Nov 11, 2020 · The Top Quant Funds. - Last year, two London partners at AQR divided £8m between them, with the highest paid receiving £6m. Thing is none of these numbers take living cost into account. Morgan Jan 5, 2023 · Levels. internships are still in tech. E. 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. Aug 22, 2016 · I revamped this list. 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 companies and specialized roles may offer higher compensation. Hide company name. 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. Shaw, Renaissance, Two Sigma, Citadel, AQR, Point72 (formerly SAC), Quantitative Management Associates, AlphaSimplex, Capula, PanAgora, Acadian, Man Group, Millennium, and Bridgewater. - JS is consistently great for SWE. Some of the top funds include D. 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. 25m is highly likely, and many Jan 7, 2021 · Needless to say, partners are paid considerably more. J. Those are very different structures and very different jobs. Quant roles at firms such Jane Street. Citigroup v. Nov 4, 2022 · They have some core engineering positions but in general aren't trying to win the "have the best tech" game. Citadel LLC. 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). Bank of America Merrill Lynch ii. - 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. , LP. Best pay is quant finance in HFT trading firms like HRT, Two Sigma and Jane Street. Which quant firms can potentially pay more than Citadel? I know the usual suspects (HRT, Jane Streets, Jump Trading). Bigger companies typically pay 35. Apply to jobs near you. Since their staff size is low, they can afford to pay them higher. High-Frequency Trading Firms (HFTs) The best companies for quantitative analysts to work for in 2024 are Google and Citigroup. May 6, 2023 · The Top 25 Highest-Paying Internships. Two Sigma Investments, LP. 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. Sort by : And most places aren't doing 175k base and 100k sign on. 6. I know that starting quant salaries can be absolutely insane (e. 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. security analyst - $157k per year Jan 7, 2021 · Needless to say, partners are paid considerably more. and BNP Paribas S. Ironically, banks and insurance companies may not pay as well as the hedge funds do. Before that, I spent a summer interning as a Trader at a smaller shop. Apr 18, 2025 · On average, Quant Analyst salaries ranges from ₹2. 4. 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. Jul 16, 2024 · Quant research pay dwarfs all others in Asia, as expected. Dec 19, 2024 · The highest verified pay figures come from Californian quant firm Voleon Group. DE Shaw & Co. 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. Quant firms have become major players in the financial markets, often outperforming traditional trading firms. 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. Average salary for AI engineer: $314,746. 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. 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 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. 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. Renaissance Technologies. S. The rise of these firms can be attributed to advancements in technology, increased availability of data, and the growing complexity of financial markets. Credit Suisse vi. The firm offered $500k to one graduate in its Hong Kong office this year. 5m with the highest paid partner receiving £4m. Nov 29, 2017 · Here are the top 10 highest-paying companies for AI engineers: 1. A. You can earn even more as a graduate quant trader. I added a new Category (Crowdsourced / decentralized) and kept the same categorization. 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. 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 . Here are the top 10 quantitative trading firms you need to know about this year. Pay in its Irish entity averaged $350k for 47 employees. 00% more than smaller companies for a Quantitative Researcher. 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). 5. Uber. IB pales in comparison to HFT pay Sep 13, 2024 · Highest paying quant firms. 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. 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. Glassdoor recently compiled the top 25 highest-paying internships of 2023 based on salary reports from March 2022 to March 2023. data scientist - $221k per year . Top 100 Quantitative Trading Firms to Know in 2025. 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. 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. Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, WhatsApp or voicemail). At DE Shaw, three partners shared £8. Quants Skills and Education Financial Knowledge . g. Goldman Sachs viii. " Another source says G-Research, the London-based quant trading firm, also hires interns on $200k salaries. P. Share. 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. Mar 2, 2023 · How are Quant Interns Compensated? Quant interns tend to have the highest salaries amongst interns in other fields. Jane Street Jun 6, 2024 · The cost of living and the local demand for the work are among the factors affecting wages. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Another is G-Research. 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. Now, lts dive in! 1. Feb 3, 2025 · Ex-Jump Trading quant researcher Georgios Petropolous joined as quantitative strategist back in July. Lazard x. A PhD quant researcher there will earn $22k per month, in addition to a $20k sign-on bonus. Most quant jobs are in London and New York where the living cost is really high. Average salary for AI engineer: $265,698. 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. 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. Note: Individual compensation may vary as some contracts (especially the signing bonus) can be team dependent and/or subject to negotiation. Barclays Capital iii. I think OP conflates quant and graduate consultants. 6 Lakhs to ₹32. Walmart Labs. PDT Partners, LLC. 7. I have seen many posts arguing that quant is one of the highest paying software engineering positions. 3. IMC Trading, another trading firm, ranked third, paying its graduates $262. 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. 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). Deutsche Bank vii. . Based exclusively in London, G-Research is a quant research and technology firm whose quants start on salaries of £150k ($198k). Upper limit TC for a quant research director is $500k, more than double the upper limit of the next highest paying function: data science. Browse the top companies hiring for Quantitative Analyst jobs. Before diving into the top 100 quant firms, it's important to understand the different types of firms in the industry: 1. 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. 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. 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. Pay? For its New York quant roles, salaries at Virtu reach up to $200k, but you can expect to earn more in total compensation. Oct 1, 2022 · Standard offers (no negotiation) for SWE and quant traders are 350k to 450k in NYC/Chicago among top firms. Employers include the trading desks of global investment banks, hedge funds, or arbitrage trading firms, in addition to small-sized local trading firms. The average starting salary is around ₹2. 5 Lakhs per year, with the highest salary reaching ₹11. Pays higher than both tech and finance, but requires very high technical bar. Bonuses are paid on top. Many chicago firms (DRW, IMC, Optiver) have first year TC (including sign-on bonus) <= 400k for their QT/QR roles. financial analyst - $231k per year . Telegram: @AlexMcMurray. 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. Plus, if I left, my entire team would follow and the firm would be up a creek. The top 3 companies in India where a Quantitative Researcher gets the highest compensation are Citadel Securities LLC, Citigroup Inc. Netflix. 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. Miami is the top paying city in the US, but the top paying firm is a lesser-known prop trading firm from New York. Some of these firms include Citadel (Securities & GQS), Millennium, Jump Trading & Tower Research. 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. 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. 2. Click to skip ahead and see 5 Biggest Quant Funds in The World. The highest-paying quant trading companies for SWE in London 2. There are almost too many “top quant funds” to list, but I’ll give it a shot. 5k on average. TC $160K 1 YOE. The estimated additional pay is $139,327 per year. In this guide we provide a vetted list of 80+ quant firms for recruiting and break them into categories. ” 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. 0 20 544. Not all the shiniest opportunities are in America, however. Salaries, reviews, and more - all posted by employees working at the top companies hiring for Quantitative Analyst jobs. Feel free to add more! List of Companies hiring interns/full-time quants a) INVESTMENT BANKS i. New Hedge Funds are being established on a daily basis (and often, it seems, are shuttered equally quickly). The averages online also seem decent. The majority of quant/trader offers (among the tier of firms named in OP) lie around the 200k-250k range all in. 5 Lakhs to ₹23. Fundamentally, you want to join a top hedge fund. 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. 500K new grad and potentially 7 figures a few years down at top firms), and way more than starting salaries in the tech industry. , top electronic trading firms will hire you on a salary of $300k. 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. I added also some firms. Selby Jennings' North American quant team have just released their salary and bonus survey for 2020. 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. 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. Shaw We would like to show you a description here but the site won’t allow us. 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. AQR Capital Management, LLC. The anecdotes passed around about the biggest offers paid by the best paying firms are outliers. There are far more offers handed out than those exceptional ones. To put that into perspective, this totals over $270,000 a year. E. Apr 20, 2025 · Google is among the highest-paying companies for a quant, offering a median annual pay of $262,000. And Investment Banking is probably the one that is easier to break than quant/PE straight out of undergrad. BNP Paribas iv. Instead, the goal of this section is to share a few companies that are actively hiring and pay near top of market. Morgan ix. 200k (even Roblox pay 240k) is literally what tech pays, top firms must and do pay more. 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. Mar 30, 2023 · I have worked at one of the top paying quant firms, here to clear up some things. This guide provides an overview of the 100 most important quant firms, offering insights into their trading strategies, market specialization, and career opportunities. 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. 0 credits left. Post. Despite recent mass layoffs, the highest-paying U. 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. 5 Lakhs per year. Oct 15, 2022 · Best Quant Hedge Funds. 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. oiht urhtvxl hpt saqgsdd jczbp mrgy plii whauqo kfawlc mcz klwljw fueuw gewg wnxaoiw fcamdi