I have an offer to intern in Susquehanna international group near philadelphia. I'm wondering what the salary is like after a few years? Potential upside including bonus? Thanks. More on wallstreetoasis.com

My average TC is 1.6M after year 5. Quant in one of the big multi-strats. More on reddit.com

190K subscribers in the quant community. A subreddit for quantitative analysts More on reddit.com

I'm a quant headhunter. I place quant researchers/traders, quant developers, and PMs into buy-side firms (prop & hedge). I'm going to echo what u/peepspeepstoottoot said around higher risk / higher reward based on how close you are to alpha & monetization. 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. Some of these firms include Citadel (Securities & GQS), Millennium, Jump Trading & Tower Research Additionally, each firm has a slightly different way of paying their talent; which also varies on seniority. Examples below: Deferral scheme. Where your bonus is split and paid across multiple years (20% year 1, 30% year 2, and 50% year 3) 100% cash. Paid in one lump (usually in Feb/March). Occasionally firms have a payback clause, where if you have to repay the money if you leave within 3/6 months of receiving the bonus Internal funds. Some hedge funds allow employees to invest a certain amount into internal funds, which can give you returns ranging from 40-100%. This has great tax benefits PnL (%) cut. Used specifically for PMs & senior hires in pod set-ups. Prop firms usually pay between 30-60%. Sliding scale dependent on Sharpe ratio Hedge funds usually pay a fixed % (~20-30%). Please note it's also possible to join an existing pod and to negotiate some PnL cut in the way in. For example, you could join a pod where the infrastructure etc is already established, and the PM could agree to pay you ~20% of anything you generate. From my experience of placing quants. Below are the comp ranges I've seen: Quant Researcher/Trader: $400k - $5M Quant PM: $1M - $20M. I am aware of PMs getting paid +$50M in the most successful teams Quant Developers: $300k - 1M Over the past few years, comps have increased substantially due to the increased market volatility. I've spoken to hiring managers who've hired top graduates for guarantees in excess of $500k for the 1st year. More on reddit.com