CompensationSep 11, 2019
NewbTFR55

Citadel Offer Eval

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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Walmart serjorah Sep 11, 2019

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

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bTFR55 OP Sep 11, 2019

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.

LinkedIn HxQh73 Sep 11, 2019

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.

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bTFR55 OP Sep 11, 2019

Yeah, told me it is subject to adjustment at the beginning of a new financial year which starts in April in the UK.

LinkedIn HxQh73 Sep 11, 2019

Basically trading currency then! Which way will the pound go?

LinkedIn HxQh73 Sep 11, 2019

London way fucking better than gd Chicago though.

Salesforce risingup Sep 11, 2019

Focking* (corrected to make Brits feel happy (

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bTFR55 OP Sep 11, 2019

@risingup top joke BTW :) @HxQh73 COL is pretty high in London, rentals near their office in London are >= 2500GBP for a decent place

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dbnq40 Sep 11, 2019

What’s your phd in?

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bTFR55 OP Sep 11, 2019

Sort of algebraic topology

Palantir fixbugs Sep 11, 2019

is your first year bonus guaranteed?

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bTFR55 OP Sep 11, 2019

No.

Palantir fixbugs Sep 11, 2019

I see - do you have preference between LON and CHI?

Google SdrPikachu Sep 11, 2019

Philosophy majors can't be choosers.

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bTFR55 OP Sep 11, 2019

Btw, the best "quant finance professional" I personally know (and the richest man I know personally) studied homological algebra during PhD studies

Google SdrPikachu Sep 11, 2019

Interesting!

Bloomberg F.U. money Sep 11, 2019

Insane offer for the EU. I still think Citadel recruiters are a bunch of 🐖 though.

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bTFR55 OP Sep 11, 2019

> 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.

Apple 🐒codemonk Sep 11, 2019

Are you from a US or UK institution?

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bTFR55 OP Sep 11, 2019

Neither.

Apple 🐒codemonk Sep 11, 2019

Oh I heard UK PhD students have to pay tuition if no scholarships lol

SAP dwEC83 Sep 11, 2019

chi is much cheaper to live in than lon if finance is important to you

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bTFR55 OP Sep 12, 2019

Sure. I just do not have an opportunity to start in Chi due to Visa problems.

Facebook aef Dec 14, 2019

Did they offer any sign-on bonus or does the offer include only base?