Goldman sachs quant salary reddit I work 15h/week less than at sell side for better freedom, more excitement at work and way WAY higher salary. I have no idea on what interview questions are asked. 2/4 CPI and can hire folks from tier - 2 colleges (off campus). IT Employment Grew by Just 700 Jobs in 2023, Down . Most of these roles are middle/back office but there are likely some QR roles. Difference is that as a quant, you're on call and actually working from a bit before the market opens and a bit after it closes. Members Online Citadel finances a new Texas stock exchange set to launch in 2025 We would like to show you a description here but the site won’t allow us. The reason I ask is that I see banks like Goldman Sachs, JP Morgan, etc. Anyways I didn't get an offer from goldman. For those who seriously find this interesting than just money can try for JP Quant and Goldman Sachs Quant role. 2024 Corporate & Investment Bank - Quantitative Analytics Program – Summer Associate - Singapore Banking and Finance Jobs Singapore | MyCareersFuture Singapore. Full stop. The H1B database suggest that Goldman Sachs partners are Hello Reddit! After a few years at FAANG, I'm looking to move to a finance firm. 2 days ago · Goldman Sachs's salary ranges from $5,535 in total compensation per year for a Copywriter in India at the low-end to $646,875 for a Software Engineering Manager in United States at the high-end. This is the equivalent of $2,574/week or $11,156/month. 22 votes, 10 comments. I worked with GS for 2 straight years, decent performance - 2 promotions 2 years. I also know folks with 10+yoe are MDs on $700k+. The whole industry is moving towards quantitative methodologies even if they aren't 100% driven by a quantitative process. The base offer was 60k I was slight shocked because it is much lower than my other offers. Edit: for us post masters quant dev or Jr Quant arbitrage roles you can expect 150-180k base pay out of college with a total comp of 220-250k. Goldman is THE M&A firm. Both lots are engineers whose careers took very different paths. 40 votes, 31 comments. I wrote this comments for the folks who think Quant is the only option, think about the long game and your sanity. The day before the Superday, there is candidate prep call with two current associates on the team. The pay here under MD status is quite low compared to Buy-Side QRs/QTs and even SWEs now, even though the skill set and type of work is roughly similar. and their system design question was not the easy kind of how to design a calculator. e. i do a lot of work in the quant space, im happy to answer… So, when you ask ‘is algotrading profitable for a quant’, I would interpret it as ‘is full time algotrading profitable for a quant’. Goldman sachs OA via hackerrank, what to expect? If anyone has leetcode premium and can post goldman sachs specific questions… Base got to $400k, largest bonus I got was just under $850k, but I was earning $350k base at the time, still the most TC I pulled in 1 year though. 4M subscribers in the investing community. 5k cost of living bonus, $7. Locals are too used to being subjugated as a people or whatever, so they take whatever crap $16k HKD/month salary and "max 10% raise" nonsense. I had about 3 days to prepare for the Superday. The average additional pay is $40K per year, which could include cash bonus, stock, commission, profit sharing or tips. The thing is I got the Goldman Sachs offer after MS and I already accepted MS. most quant traders are hired out of college or occasionally out of masters. The base salary is usually 150 to 200 (more in IB). It is very luck of the draw. For folks with not so good colleges, a masters degree at a good school is the best way out to get into these companies (just a personal opinion). thanks in Goldman can be amazing. Posted by u/Remote-Counter4612 - 8 votes and 8 comments Firm: A large sell-side firm Location: Bangalore Role: Quant risk YoE: 6 years Salary: Around 35 LPA Bonus: 20-30 % Hours worked per week: 35-40 Posted by u/Healthy-Highway3187 - 2 votes and 5 comments Last year's new grad quant offer at jane st was 175k base + 75k signon + expected bonus ~100%. 25m is highly likely, and many Posted by u/Personal_Natural_760 - 135 votes and 209 comments Posted by u/exasperated12 - 3 votes and 30 comments 1) it's offering a quant related role vs PAG 2) I've read their quant reports and in general it is pretty decent so you'll likely have opportunity to better position yourself on different teams down the line to better set you up for quant pm exp and recruitment. Is this true ? which is the proportion ? Of course I also guess it depends on the location, company etc, so let's say in London, for a Hedge Fund, or someone like Goldman and Sachs. g. 54 votes, 26 comments. She rose quickly thru the ranks and earned $500K. They’re an elite bunch – a group that admits around 60 to 80 new members every other year, and usually financiers very senior in their career – the average Goldman tenure for the class of 2022 was 16 years. This is all to say, if experience execut Hi everyone, I'm wondering if anyone here has experience being a quant at a big bank (Goldman Sachs, Morgan Stanley, JP Morgan, etc. However I'm finding it very tough to decide. However, I wasn't able to find the relevant department/position when I did a job search. Just in case you need a simple salary calculator, that works out to be approximately $64. 25-40 hrs a week (2-4 days in office), flexible re: family Generally happy, will have better opportunities if I can stabilise family situation. The top 1% earn more than a whopping $854k per year. Those more on the support side of things as software engineers don't work too bad hours either. I'm surprise u/zlbb put Domeyard on here but missed all the other good quant firms in Boston. Get the Reddit app Scan this QR code to download the app now Goldman Sachs Interview : Quant Engineer role . Aug 9, 2021 · The latest quant salary survey from global recruitment firm Selby Jennings doesn't say exactly how much the most senior quants are making at major funds, but given that quant traders can get up to 50% of their P&L as a bonus and that they might be managing $50m+ of funds which could rise in value by 5% a year, $1. The pay is very very attractive for this role. I then guess bonuses are a big part of what a quant earns. So between 250,000 and 400,000 seems like a reasonable ballpark for a quant research position. She finally quit when another bank doubled that. Having done some search, I found that many top investment banks (e. publishing some of their theoretical math research, in academic math journals. The league tables tell the entire story. The average Strats Analyst base salary at Goldman Sachs is $88K per year. I will iterate it again, this is an opinion from a quant PoV taking into account the average industry practitioner since this question has been asked on a sub-reddit of quants. And my answer pertains to that. They collect the highest amount of fees (2nd place is a distant second), transact the largest deals, and for those who care, offer the best network when you decide to leave. Goldman was asking for DS/Algo, system design, sql. Survive for 2-4 years and you'll make a shit load of money. As of Apr 20, 2025, the average annual pay for a Quantitative Analyst Goldman Sachs in the United States is $133,877 a year. 86K subscribers in the quant community. $400k base tends to be the ceiling for most career quants in my experience, although the best quants and those at top funds will be able to get a higher base. My guess is a quant right out of college would get $60K-$75K starting salary. I was wondering if anyone would be able to clarify about the types of work quants do in the following divisions: Investment… ~£175k salary (after increase), last year 30% bonus (before increase) but not looking so hot this year. Partners at Goldman are hard to pin down. The average additional pay is $9K per year, which could include cash bonus, stock, commission, profit sharing or tips. They have a cut of 3. From my experience, the main factors that are stopping widespread offshoring are time zone differences (especially if they are supporting US or Asia operations) and the quality of the talent pool. Also, there is a huge distinction between expat salaries and local salaries. But GS’s supply is mainly its prestige, and the equilibrium is at a really high demand level for that prestige. Background: I'm currently a Quant Strat at Goldman Sachs I'm wondering how easy the exit opportunities are from being a Quant at a Big Bank. I am aware of PMs getting paid +$50M in the most successful teams Quant Developers: $300k - 1M Over the past few years, comps have increased substantially due to the increased market volatility. For risk roles for major banks, there is a tiering based on asset size that effects pay and career. I spent a lot of time reading news, market events, and Goldman Sachs divisions. If you’re going into a quantitative analyst position, the salary will probably be a bit lower. Was wondering what to expect and if this is the final set of interviews? 2. Apr 10, 2025 · The average Quantitative Analyst base salary at Goldman Sachs is $148K per year. Posted by u/alomobitters - 1 vote and 6 comments When I was interviewing for Optiver, they said my first year total comp would be between 300,000-400,000. Shout out to those taking master/phd level and are interested in JP Morgan internship. Internship salary based on $80k/year without overtime $80k is analyst starting salary $2. I have two, back-to-back, 1-hour interviews coming up for the quantitative strategist role at Goldman Sachs. A week after completing the HireVue, I received an invitation to the Superday. You can even say oracle, Cisco, Expedia, atlassean etc have better engineering talent compared to the banks. Jan 6, 2011 · Looking to job ads, I ve been suprised to see salaries close to £80-100k for entrey level. There is no pay structure, you get a base and a bonus at year end (payable in Jan). The average additional pay is $37K per year, which could include cash bonus, stock, commission, profit sharing or tips. In general, HK salaries are anywhere from 1/3rd to 1/2 as much US salaries for even the good jobs. However, their quant roles are a different ball game. Jan 31, 2014 · 1) Goldman Sachs Strats Quant Analyst in Asset Management - Quantitative Investment Strategies 2) Bank of America Strats Quant Associate on MBS desk (Mortgage-Backed Securities) 3) Deutsche Bank Trading Analyst I am inclined towards GS QIS Strats. The average Quant base salary at Goldman Sachs is $137K per year. Salary (in $) : Base :250k | Bonus : 900k 2023 was quite meh so bonus is not « that impressive » regarding my yoe Hours worked : roughly 45h/week Satisfaction : coming from the sell side, I love my current situation. 291 votes, 426 comments. Google is just pure algo/DS. I know folks in NYC with 10+yoe and are VPs on $150k. I was hoping to gain some insights about the pay structure for the quantitative engineer role at Goldman Sachs, based out of their Dallas office?! Whatever salary posted for a similar position in NYC, take 15%-20% off. 5k relocation assistance I am not a fan of the location Goldman Internship salary based on $50k/year with overtime at a ½ rate Undisclosed analyst starting salary, but Glassdoor cites the average at around $63k/year In general among traditional banks Goldman Sachs along with capital one have the better software engineers. Apr 10, 2025 · The estimated total pay range for a Quant at Goldman Sachs is $133K–$248K per year, which includes base salary and additional pay. same experience/ age in the company -> traders make more at the beginning of the career, imo. You will never get top of range however. GS) hire for both technology and strat roles. Super top end of MD will be $1M+, these are usually "strats" but are essentially quant devs. A subreddit for the quantitative finance: discussions, resources and research. Posted by u/ParfaitActive5818 - 7 votes and 19 comments We would like to show you a description here but the site won’t allow us. Because, unlike most companies, salary is a minority part of GS’s supply, GS can comfortably lower salaries and not experience a reduction in the quality of applicants or the efficiency of its employees. What is the salary progression from analyst to associate to vp in the equities division? Prime. Point72 and Goldman Sachs have offices in Warsaw. in particular, in quant realm, a lot of the success depends on whether you were in good circumstances/bloomed early on/were interested early on enough to have that perfect resume to get that quant trader job out of college. Systematically banks are generally considered banks above 750 billion assets under management and are subject to highest standards for regulatory stress testing exercise and generally have Hi all. And on top of that, Goldman had multiple sessions where 2 engineers came in and both asked questions. My gf worked at Goldman Sachs. The top 10% of employees earn more than $382k per year. excluding bonuses and ceteris paribus, i. The MS team is pretty good tbh they manage roughly 9billion in AUM whereas with Goldman you come in as a floater where you support multiple teams until you join one. However, that’s still tiers below FAANGs. So you can find a few quant positions at almost any buy-side firm. At BBs (JPMorgan, Goldman Sachs) how much do the quants make? I understand a huge portion of their income is bonuses, so does anyone know how big those are? And how does the comp progression look over 5-10 years? Unless your friend got top 10 on the Putnam or has insane connections, I highly doubt a quant coming right out of college got a $100K starting salary or that signing bonus. Quant Researcher/Trader: $400k - $5M Quant PM: $1M - $20M. Quant industry thankfully isn’t like Consulting (McKinsey, BCG, Bain) or IB (Goldman Sachs, Morgan Stanley). Analyst is an entry-level position. Does anyone have ideas about this? Any reply will be highly valuable. Apr 15, 2025 · How does the salary as a Quantitative Strategist at Goldman Sachs compare with the base salary range for this job? The average salary for a Quantitative Strategist is $404,073 per year (estimate) in United States , which is 78% higher than the average Goldman Sachs salary of $226,194 per year (estimate) for this job. Quant Analyst in Model Val, 14 years experience mixed between QD, QA, in FO-adjacent role. Apr 10, 2025 · The estimated total pay range for a Strats Analyst at Goldman Sachs is $79K–$121K per year, which includes base salary and additional pay. In terms of reputation, how does it hold up against other asset managers / hedge funds? What is the salary range for analysts, associates, etc. Hi all, I'm a hedge fund recruiter and used to trade at a bank. Hey guys, I am invited for 2-3 interviews for Goldman Sachs 2024 NYC Asset and Wealth Management - Asset Management: Quantitative Investment Strategies Summer Analyst role. ) and would be… IB is one of [Goldman Sachs, JP Morgan, Morgan Stanley] HF is one of [HRT, Squarepoint, Akuna Capital, Point 72] comments sorted by Best Top New Controversial Q&A Add a Comment Salary questions/ negotiations- just received an offer from the new analyst controllers division. Jun 11, 2021 · Anyone done a Quant Strategist interview with Goldman Sachs before? I did a 30 min HireVue and was invited to interview with a junior quant for an hour solving coding questions, I aced one question and struggled with but eventually solved another do you think I would get a superday based on that? 4 days ago · Highest reported salary offered as Quant is $1250k. Reply reply Job Title or Specialization: Quant Researcher (Buy side) Years of Experience: 2 Salary / Bonus / Total Compensation: € 100k salary, expected bonus of € 350k, € 450k TC r/goldmansachs: Goldman Sachs. “Prestige” is not something most Quants rate because they don’t go around gloating to others in their industry about where they work. Also if your goal was to make as much money as possible, quants aren't the best long term path imo. May 2, 2024 · Goldman Sachs salaries: Partners . 36 an hour. I wanted to get some insight into how Goldman Sachs Asset Management's QIS (specifically the teams focusing on alpha) division is in terms of reputation, salary, growth prospects, mentorship, culture, etc. a lot of the success of course depends on luck. The hardcore physics PhD quant guys who work at HFT shops and quant hedge funds aren't pulling nearly as bad hours. aord ybth ysl ieaujv srrcvjf yxym tlxuc vcgc qwgb loqlcrrt xrpo did xbxdfib rsl epbjh