Hii Folks, I wanted to know who earns more in short/long term: Quants at buy side hedge funds (DE Shaw, Citadel, Bridgewater, Millennium, etc) V/S SDEs at FAANG? I'm thinking of a career change so would really appreciate the advise from Blind Community. Please it would help me going forward to make a choice and would mean a lot to a beginner like me.
Quants, on both accounts
can you plz elobrate a bit further which both accounts you referring to here ?
Buy side quants always make more. Their comp minimum is is how much swe gets paid. Successful ones often make 2x or 3x more.
Quants. They have to pay more to attract people away from FAANG. Plus in good years the bonuses can be insane.
Quants usually don't come from FAANG. They require pretty different skillsets.
Quants but you need quite specialized knowledge to break in
Renaissance? Lmfaoooooo
you're right. Renaissance seems out of league thing for such question.
Own business