#quantitativefinance roles have swiftly solidified their position as a rewarding and promising career path, dominating the 2023 list of highest-paying internships over popular #salesandtrading and #investmentbanking roles.
Check out the top paymaster firms 👇
1️⃣ Radix Trading - $90k
#radix interns are quoted to make up to $90,000 over a 10-week summer internship
Signing Bonus: $25k
Monthly Salary: $26k
2️⃣Arrowstreet Capital - $72.5k
The firm invests with a strong focus on global equity assets
Signing Bonus: $10k
Monthly Salary: $25k
3️⃣Citadel - $72k
The multi-strategy (and most profitable) hedge fund offers the 3rd highest salary
Signing Bonus: $20k
Monthly Salary: $20k
4️⃣Five Rings - $67k
Signing Bonus: $15k
Monthly Salary: $20,800
5️⃣Vatic Investments - $65k
trading firm that strives to use AI and machine learning to develop autonomous trading agents. If you believe in the firm’s approach to autonomous trading, consider checking out Vatic Investments.
Monthly Salary: $26k
6️⃣Susquehanna International Group (SIG) - $63,333
Besides traditional #proptrading SIG involves in institutional brokerage, #privateequity #venturecapital
Signing Bonus: $20k
Monthly Salary: $17,333
7️⃣Jane Street - ~$62k
With major offices in New York, London, and Hong Kong, the firm focuses on #ETFs #equities #bonds #options etc
Signing Bonus: $10k
Monthly Salary: $20,833
8️⃣Optiver - $58,750
The #proptrading and market making company has major offices in London and Singapore among others. The company takes pride in being one of the oldest market makers in the world.
Signing Bonus: $10k
Monthly Salary: $19.5k
9️⃣Jump Trading - $58,333
With a crypto-trading specialty, Jump has offices in London and Hong Kong among other major cities.
Signing Bonus: $15k
Monthly Salary: $17,333
🔟Hudson River Trading (HRT) - $54,383
The multi-asset class #quantitativetrading firm provides liquidity on global markets and directly to clients. With offices also in Singapore, Shanghai, & London HRT pays #quanttrading and #research interns ~ $54,383 for a typical 10-week summer internship.
Signing Bonus: $10k
Monthly Salary: $17,753
While the competition can be fierce, the career prospects are equally compelling as these figures are not annualized; interns can truly earn this amounts in a short span.
Students with a blend of analytical rigor, technological innovation, and financial acumen, esp with STEM background, can’t miss targeting #quant and #algotrading
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