What is normal comp growth at HFs like for new grads? Probably different for quants, SDE, investment professionals, technical investment professionals, etc. but would be interesting to see people's experience.
Typical growth at a top firm in NYC (including bonus)
$150-250K first 2 years or so as a junior analyst or trader, $300-400K ish for some number of years until you make PM (5 years in after u entertbe firm is pretty fast), then depending on your success as a PM and the markets could pull in $1MM+
Better start and upside vs. IB
Typical growth at a top firm in NYC (including bonus) $150-250K first 2 years or so as a junior analyst or trader, $300-400K ish for some number of years until you make PM (5 years in after u entertbe firm is pretty fast), then depending on your success as a PM and the markets could pull in $1MM+ Better start and upside vs. IB
Quants make less bonus and upside isn't as good (PM has the best earning potential) but you get a higher base