NewNmjV76

Five Rings Capital SWE Pay Progression

Does anyone have any rough TC numbers for Five Rings Capital for SWEs who have worked there for 3+ years? How does it compare to other prop firms and hedge funds? Any info at all? TC: still in college YoE: still in college #fiveringscapital #fiverings #quant #janestreet #janestreetcapital #citadelsecurities #citadel #hudsonrivertrading #hrt #jumptrading #jump #drw #imc #optiver #twosigma #deshaw #akunacapital #gsacapital #gsa #hft #hedgefund

New
QR · Feb 9, 2021

Not the same as full time, but here are some internship TC data points https://www.levels.fyi/internships/ Five Rings SWE intern is ~15K/month

Microsoft gtfo or tc Feb 9, 2021

Hi you seem knowledgeable about prop and quant shops. Any idea on how data engineers or SRE are treated and how TC is? Assuming its a tier below SWE so third class citizen?

Citadel Securities spicymeat Feb 10, 2021

Five Rings is a top notch shop. They pay slightly under the absolute top (HRT, JS, CitSec) but given those firms are coughing up 400k+ for new grad, you can probably expect around 300k initial comp, then around 500k in 3 years assuming average performance.

New
NmjV76 OP Feb 10, 2021

Thanks. Is this for SWEs? And is this just an estimate or are you basing this on real numbers from five rings?

Citadel Securities spicymeat Feb 10, 2021

These are numbers I got from a friend there, but do note comp is high variance and heavily dependent on individual performance.