Citadel Offer Eval

New / R&D bTFR55
Sep 11 33 Comments

My background: currently a Ph.D. student.
TC: 40000 USD
YOE: Ph.D. + internships in search engine company.

Citadel Securities London. Base 125K GBP + bonus (they told to expect 200+K first-year bonus).

Have heard that they pay same numbers in Chicago and London => the base looks low (ppl with the same background are getting 170+ base in Chicago).

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TOP 33 Comments
  • LinkedIn HxQh73
    Bruh that shit in pounds. Pound is v low due to brexit—they prob set salary exchange rate at the beginning of the cal year when it was higher.
    Sep 11 4
    • New / R&D bTFR55
      OP
      Yeah, told me it is subject to adjustment at the beginning of a new financial year which starts in April in the UK.
      Sep 11
    • LinkedIn HxQh73
      Basically trading currency then! Which way will the pound go?
      Sep 11
    • New / R&D bTFR55
      OP
      Hah! The offer is not to the FX team :)
      Sep 11
    • LinkedIn HxQh73
      Hahah well gl deciding, solid situation you’ve got there.
      Sep 11
  • LinkedIn HxQh73
    London way fucking better than gd Chicago though.
    Sep 11 2
    • Salesforce risingup
      Focking* (corrected to make Brits feel happy (
      Sep 11
    • New / R&D bTFR55
      OP
      @risingup top joke BTW :)

      @HxQh73 COL is pretty high in London, rentals near their office in London are >= 2500GBP for a decent place
      Sep 11
  • Palantir fixbugs
    is your first year bonus guaranteed?
    Sep 11 7
    • New / R&D bTFR55
      OP
      I interviewed with Chicago ppl too, but I am unable to get a Visa from scratch => they offered to start in London, next to move to Chicago. (easy to guess which country I am from)
      Sep 11
    • Palantir fixbugs
      yeah haha, you’re eligible for L1 transfer after one year in London, and I’ve heard you wanna be in Chicago if going for Citadel for career advancement
      Sep 11
    • Palantir fixbugs
      if you’re confident that you’ll be an above-avg performer, don’t worry about the minutiae of your starting comp too much - it’s all gonna be peanuts three years down the line.
      Sep 11
    • New / R&D bTFR55
      OP
      Yeah, the plan is to spend 1 year in UK and next move to Chicago.
      Sep 11
    • Palantir fixbugs
      good luck, I heard Citadel can be tough but is an exciting place to start a career!
      Sep 11
  • Google SdrPikachu
    Philosophy majors can't be choosers.
    Sep 11 2
    • New / R&D bTFR55
      OP
      Btw, the best "quant finance professional" I personally know (and the richest man I know personally) studied homological algebra during PhD studies
      Sep 11
    • Google SdrPikachu
      Interesting!
      Sep 11
  • Walmart / R&D
    serjorah

    Walmart R&D

    PRE
    Grab
    serjorahmore
    In general companies pay way less in Europe than in US. Also since your salary is in pounds vs 170k of Chicago could be in USD. So there is not much difference. Around 20k I guess
    Sep 11 1
    • New / R&D bTFR55
      OP
      Understand this. But 170K USD is on the lower side given my data. Surprisingly, I have many data points on Chicago comp, but ZERO on UK comp.
      Sep 11
  • Apple / Eng 🐒codemonk
    Are you from a US or UK institution?
    Sep 11 4
    • New / R&D bTFR55
      OP
      Neither.
      Sep 11
    • Apple / Eng 🐒codemonk
      Oh I heard UK PhD students have to pay tuition if no scholarships lol
      Sep 11
    • New / R&D han5grüber
      ETH or Ecole?
      Sep 11
    • New / R&D bTFR55
      OP
      Neither.
      Sep 11
  • Bloomberg / Eng F.U. money
    Insane offer for the EU. I still think Citadel recruiters are a bunch of 🐖 though.
    Sep 11 1
    • New / R&D bTFR55
      OP
      > Insane offer for the EU.

      Agree in general. But at the same time, I've heard that Citadel (and all the companies under their umbrella) pays the same dollars in each country. Given that assumption, it could be on the lower side of things.
      Sep 11
  • New dbnq40
    What’s your phd in?
    Sep 11 1
    • New / R&D bTFR55
      OP
      Sort of algebraic topology
      Sep 11
  • SAP dwEC83
    chi is much cheaper to live in than lon if finance is important to you
    Sep 11 1
    • New / R&D bTFR55
      OP
      Sure. I just do not have an opportunity to start in Chi due to Visa problems.
      Sep 12
  • Facebook aef
    Did they offer any sign-on bonus or does the offer include only base?
    Yesterday 0

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