#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 ๐
1๏ธโฃ 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
2๏ธโฃArrowstreet Capital - $72.5k
The firm invests with a strong focus on global equity assets
Signing Bonus: $10k
Monthly Salary: $25k
3๏ธโฃCitadel - $72k
The multi-strategy (and most profitable) hedge fund offers the 3rd highest salary
Signing Bonus: $20k
Monthly Salary: $20k
4๏ธโฃFive Rings - $67k
Signing Bonus: $15k
Monthly Salary: $20,800
5๏ธโฃVatic Investments - $65k
trading firm that strives to use AI and machine learning to develop autonomous trading agents. If you believe in the firmโs approach to autonomous trading, consider checking out Vatic Investments.
Monthly Salary: $26k
6๏ธโฃSusquehanna International Group (SIG) - $63,333
Besides traditional #proptrading SIG involves in institutional brokerage, #privateequity #venturecapital
Signing Bonus: $20k
Monthly Salary: $17,333
7๏ธโฃJane 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
8๏ธโฃOptiver - $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
9๏ธโฃJump 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
๐Hudson 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, canโt miss targeting #quant and #algotrading
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