Salary Ranges
Entry-level quant salaries at top firms typically fall in the following ranges:
- Base salary: $125,000 - $150,000
- Total compensation: $200,000 - $400,000+
The total compensation includes base salary, signing bonuses, and guaranteed bonuses. Some key points:
- Two Sigma offered $250,000 total first-year compensation ($150,000 base, $50,000 sign-on, $50,000 guaranteed bonus)
- Citadel offered $400,000 total first-year compensation ($150,000 base, $150,000 sign-on, $100,000 guaranteed bonus)
- Top firms like Jane Street Capital and HRT now offer around $400,000 total first-year compensation as standard