Citadel starting salary reddit. All about studying and students of computer science.

Citadel starting salary reddit 7K votes, 237 comments. Most quant jobs are in London and New York where the living cost is really high. I'm not talking specific named Is there any harsh reality about the salaries of quants that you'd like to share? I was wondering what are the average salaries in London for Software Engineers fresh out of college with no prior work ex Finding it difficult to get up to date figures for new grad SWE salaries at tech companies in London. May 2, 2006 · In my year, IMC/DRW/etc. This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). Finance companies like Citadel, Twosigma etc. Prop shops are in a nuts bidding war rn since the 2021 options premium (& VIX) spike. com), except for new grad offers as I figured that recruiting season is mostly over by now. Would really appreciate any advice, especially from anybody who went through the process at Citadel or are working there! Thanks a bunch. Salaries posted anonymously by Citadel Securities employees. Salaries posted anonymously by Citadel Software Engineer employees. At Citadel Securities, a leading global market maker, our team of quantitative researchers models the markets and brings trading strategies to life every day. I'm busting my ass to try to get an internship for trading at Citadel (currently a sophomore undergrad) and was just wondering what I should focus on studying and preparing for over the summer. $425K TC the Citadel received more than 69,000 applications for their 2023 internship program, a more than 65% increase year-over-year, per Bloomberg. Bonuses are very much equally split between talent, luck, and the overall market. Friday will be the thread for people with more experience. What do experienced traders earn, I would imagine at least double their starting compensation. FinancialCareers) submitted 4 hours ago by PayTiny2942 90% of the public H1B salaries seems to be USD300k or below, i know these are base salary but still they seem so much lower than the number you would expect for even non-PM roles? So, converted to normal American salary dollars, these folks are making $45,700 as an intern and $95,200 as a first year. 5m (£1. Most of the positions are either quant researcher, quant dev or just software engineer. Two Sigma: 145k base, 80k signing, 40k min first year bonus 5 Rings: 150k base, 50k signing, 100k performance bonus Citadel: 150k base, 150k signing, 50k performance bonus All of Apr 10, 2025 · Average salaries for Citadel Quant Researcher: $210,722. At Citadel, Software Engineers are responsible for building the systems that power every aspect of our investment process, from research and analysis to trading, risk management, funding and settlement. Any thoughts? We would like to show you a description here but the site won’t allow us. Jan 9, 2021 · Quant starting salary in London? Just finished onsites with some quant trading firms (among Jane Street, Jump Trading, Citadel Securities, DRW, HRT) for quant research roles in London (new grad). pay new grads 400k in some cases. This total comp usually has the same or slightly higher salary than the new grad offer. That being said, you should still do the interviews because the flights and hotels are quite nice. Nov 12, 2025 · Citadel employees make an average base salary of $406k & a total compensation of $671k. Around 140k is salary, and the rest is signing bonus/yearly bonus. The 84k average stern salary doesn't actually count end of year bonuses, so it is deceivably low. Citadel is just a company. The good news/bad news -- any shop worth working at is demandingTrue hell is working for a dickhead. There is a surprising lack of information on the fund This thread is for sharing recent new grad offers you've gotten or current salaries for new grads (< 2 years' experience). These high-stakes roles at hedge funds, trading firms, and proprietary shops are where undergraduates are making upwards of twenty thousand Just to give you some more data, OP. 389K subscribers in the GME community. $175k base $100k annual bonus $150k sign on. From my experience, BW tends to pay devs lower than citadel or HRT. This is 100% accurate. 512 votes, 195 comments. The estimated average total compensation is $354,362. package was closer to the lower end of this range, with 175k base, 75k sign-on and ~100k anticipated performance bonus, Optiver was marginally higher with lower sign-on but decently higher performance bonus, Citadel/JS/5 Rings was on upper end of spectrum (although we were either returning interns or had competing 292 votes, 1. Very achievable. It’s very hard to estimate some will be at 400k and some close to 7 figures or above when it’s a good year… This is why Someone got a $595,000 offer, as a new grad Algo Dev at HRT. New year, new salaries, new jobs. Is 100M comp Theres many posts about Citadel NG pay, how does this scale as you work more years? how much do senior quants and MD quants make at Citadel and CitSec? #tech #citadel #citadelsecurities Nov 5, 2025 · Average salaries for Citadel Quantitative Researcher: $219,098. The median yearly compensation in United States package totals $325K. Apr 10, 2025 · Average salaries for Citadel Quant: $147,121. May 9, 2025 · Discover the 2025 salary expectations for quantitative analysts at Citadel. g. Especially for the UK. My school has a google form where people can report salaries/benefits for internships and fulltime positions. The intern pay is reasonable and the first year pay is generous. I'm talking about companies paying >£70k for a fresh grad. 00 in total compensation per year for employees in the 25th percentile to $720,000. Working side by side with investors and quantitative researchers, we use our technical skills to drive critical commercial outcomes. e you were top of your class in Stanford/Oxbridge/MIT etc and you did your PhD on some of the most revolutionary work possible. Unlike banks, you can definitely leverage your offers - the fight for talent is fierce. I. Internships: Point72 vs Citadel Hey everyone! I have two offers for the summer and I just would love some input from Reddit on which one I should take. Rents Thing is none of these numbers take living cost into account. Learn about salary ranges, benefits, job trends, and how . Long hours, stress, is just not worth it. These two firms account for the bulk of H1B quant salaries in Miami, which explains why pay in the region averages $235k. I am aware of one top prop shop that nominally pays close to BB SA, but it is Quant Internship Salaries 2025 In this article, we break down the highest paying quant internships in 2025, why firms offer such generous compensation, and how you can land one yourself Introduction Quant internships in 2025 are truly on another level. Salty-Dare-4821 what's it actually like to intern at citadel /other big trading firms Company Question Oct 15, 2025 · Average salaries for Citadel Software Engineer: $202,879. Yes, with marbles you can potentially make more than at Jane street. Feel like people talk too much about the high starting salaries and Jan 14, 2022 · A couple people I know received SWE offers from hedge funds/trading firms like Citadel Securities and Hudson River Trading and their first year compensation was on average 425k Sep 24, 2024 · At Citadel Management Europe II, average wages and salaries alone were $1. I’m reading more and more about commodities trading and the trading houses every day, but one thing these companies aren’t advertising is their compensation. 62 votes, 10 comments. Imagine how high you can go in 10, 20, 30 years. A Community for topics directly related to GameStop. However, I am wondering what the usual amount for sign-on and year-end bonuses are? Based on levels. Citadel received more than 69,000 applications for their 2023 internship program, a more than 65% increase year-over-year, per Bloomberg. I'm asking because I am in the middle of the interview Explore Citadel salaries by job title, average pay — and see how they compare to the U. I'm curious about pay/WLB/culture across the four. All about studying and students of computer science. This has to be the highest new grad HFT offer I have seen, beats even top Citadel new grad offers by a very large margin. And they are competing with the likes of Jane Street and Citadel, which pay even more than that 1. If you mean quant with 4 years of experience within a hedge fund, then it heavily depends on performances. I'd personally say Citadel, in my opinion, as a junior starting off your career I don't value WLB as much as other things. The people I know at these firms are the creme de la creme of their graduating class - yes, slightly more accessible these days, but IB has like 1000-1500+ spots across the big-name firms and you're Just curious what the salary progression is as a quant. average salary per year. Our Traders work with This is inspired by 2023 Quant Total Compensation Thread : quant (reddit. There, average pay last year was $769k. While we aren't far enough into recruiting this year to have data, here are some of last year's results. How much does Citadel pay in United States? The average Citadel salary in United States can vary greatly by role. When I left, I hired 2 devs with a starting salary of ~55k. Apart from these companies, does anyone know of companies that pay a lot for a graduate software Out of interest, what are the graduate tech salaries and total comp at the top finance companies? For example the investment banks, asset managers and even the challenger banks. Dec 19, 2021 · Does Citadel really pay ~ 500k a year to vanilla software engineers or is it just for the quant PhDs ? Unless working on high level quant algos, how can they justify this pay for everyday software engineering especially outside the Bay area? They are not Netflix either with superb engineering craftsmanship. Specifically, this team develops and tests automated quant trading strategies using sophisticated statistical techniques. So between 250,000 and 400,000 seems like a reasonable ballpark for a quant research position. Mar 16, 2025 · Why do most of the H1B salaries seems so average for Citadel/Millennium etc? Profession Insights (self. A free inside look at Citadel Securities salary trends based on 351 salaries wages for 116 jobs at Citadel Securities. Starting salary as quants? How much can a quant make straight out of undergrad? Is it true that top firms (e. Citadel made 28B gross last year, and returned investors 16B net of fees. When salaries at the electronic trading houses are higher than this, they're often a drawdown on pnl at these employers. Their is a pay wall for the article, but basically, good luck getting an internship with Citadel LOL. Explore open opportunities, learn about our interview process and discover life as a team member. $100k-150k if you are an average scientist at an average company with a research dept. As title, looking to see if anyone knows much about them (Optiver, IMC, Akuna, Tibra, Jane street etc). Keep grinding guys! Hard work can always substitute for talent! :D We would like to show you a description here but the site won’t allow us. Welcome to GameStop, r/GME. Sep 17, 2025 · Average salaries for Citadel Quantitative Trader: $214,016. My first job out of college was with a well-known Ed-Tech company. ) end up doing 10-15 years down the line? I've searched this subreddit for a list of highest paying companies in London, but couldn't seem to find anything. Companies like Citadel, Jane Street, Hudson River Trading, DE Shaw and Two Sigma all pay an insane amount for talent. fyi, I can see that the salary could roughly around 300k additional (maybe more?) for both bonuses combined. Unless you own a significant stake in a firm or are significantly overpaid its probably in your interest to share this to make the market more efficient. 1B check for Kenny is accurate then that leaves roughly 11B for the rest of the staff. The most I have confidently heard is £120k but the guy was playing GSA, Jump, Citadel, etc. Pay is comparable and I really have enjoyed my interactions with both teams. Meanwhile everything has doubled-tripled-quadrupled in price since 2020. Banks/investment firms are trying to pay the same salaries as literally 10 years ago. Citadel Engineering’s NXT Network provides a unique early career opportunity for premier software engineers, placing them on an accelerated development path and bringing together brilliant technical talent with extraordinary investment and quantitative teams. Just getting more into looking at quant careers, and am interested in the differences in pay between the types of quants… One guy (Top target, math major) said he had an offer at Citadel Hong Kong that was 200k total comp starting. We would like to show you a description here but the site won’t allow us. Jane Street no question. 6 days ago · Quantitative Researcher compensation in United States at Citadel ranges from $185K per year to $680K. Also, the competition at Optiver is incredibly tough. Sep 18, 2025 · Average salaries for Citadel Analyst: $122,768. Citadel salary trends based on salaries posted anonymously by Citadel employees. I’m just starting my quantitative researcher position at a bank, and my base salary is 150,000 with a target bonus of 125,000. $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. Working at one of the 4 big HF citadel, point72, Balyasny, millennium. But also, some people do make 300k or more in entry level roles but very very very very very few. I finally made it to Citadel Securities (New Grad SWE)! I’m from a T50 CS university, no FAANG internships, no references! A bit of luck on resume screening? Maybe? IDK! One of the hardest interviews I’ve ever done. The harder decision is BB>not-BB etc. We’re looking for an extraordinary quantitative researcher who is committed to our core values that include Uniquely positioned to serve all of Citadel’s investment strategies, the Data Strategies Group (DSG) is a central quantitative research team. 5 days ago · Citadel's salary ranges from $45,414 in total compensation per year for a Administrative Assistant in Singapore at the low-end to $561,293 for a Software Engineering Manager in United States at the high-end. Sep 3, 2021 · • A new report gives us a glimpse at what some of the best hedge funds pay their top talent. The next highest paid people at Citadel in London are at Citadel Management Europe III, which employs the fund's quants and technology staff. Just need high GPA, internships, and good networking to get in. If you're getting an offer at Citadel, but don't mesh, go to point72 or whatever. Two Sigma/Jane Street/Citadel) can start at 300-400K?. Like what I'd earn at entry level, 2 years experience, 5 years experience, and 10 years experience? At Citadel Securities, a leading global market maker, our team of Traders collaborates with the brightest minds in financial markets, technology, engineering and the sciences to tackle challenges in the markets. Anyone have insight into this? Your career is based on starting on the right foundation and it's good to do something you like. Working at the forefront of alternative data, AI/ML research, and quantitative modeling, researchers build advanced models from noisy and complex data sources to infer how the real world evolves. For people 3-5 years out, the compensation range is quite wide with total comp going from 250k-500k+. First year comp is 400k and recurring comp is 300k for New Grad. 244K subscribers in the csMajors community. 20% of Citadel's investors are employees, possibly more (and the amount invested in the fund grows disproportionately with seniority/role), so in total citadel staff and board made 12B fees + 20% of 16B ≈ 15B. Dec 6, 2018 · Is Citadel really paying New Grads 400k? I have two New Grad friends in college that got offers from them in Chicago. E. Was wondering if anybody had information on how much they usually offer. This sounds crazy to me but I don't know much about the world of quant roles at hedge funds. • Salaries run upward of $500,000. Got a new job offer, internship, or want to share your current salary details with the… 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. I always say that you should go for a company where Engineers are the top dog and with HFT, that's not the case. Citadel Quant salary ranges from $270,000. The majority of top tier HFs pay about £100k pro rata (for undergrad summers), but it can go up if you've got a bunch of HF offers. Mar 24, 2022 · The typical average Citadel Software Engineer Salary is $185,426. And your career is 40+ years long. I started at 46k about 8 years ago, and my boss told me that was one of the highest starting salaries he had seen at that point. • We share the data from Bridgewater, Two Sigma, Citadel, AQR We would like to show you a description here but the site won’t allow us. Why the fuck are we obsessing with FANG and not flocking to hedge funds and financial companies? Oct 11, 2023 · Compare the average MFE grad salary to the average MSCS grad salary for a fair comparison. Two Sigma was 250k first year all in (150k base, 50k sign, 50k guaranteed bonus) and Citadel was 400k first year (150k base, 150k sign, 100k guaranteed bonus). Nov 19, 2016 · I had a number of questions about Citadel's global equities team because I recently advanced pretty far in the process there. Okay let's be conservative and call it "pre-Covid" salary levels. If the 4. Jan 27, 2019 · From lowest to highest first year compensation, the companies went Two Sigma, DE Shaw, Five Rings, Jump, Old Mission, Hudson River Trading, and Citadel. Annual salaries typically range from $88,814 (or $43) for a Recruiting Coordinator to $651,033 (or $313) for a Managing Director. Interested in what sort of salary progression should expect by years of experience (what is sort of average salary… We're always looking for exceptional people. Seems like new grads at these and similar places earn ~600k their first year. 1m) per head last year. Also, starting your career at 120k-150k is awesome, a real privilege that less than 1% of the world's population gets to do. But average first year salaries are usually around 250-350k on a “regular” year. I know Jane Street is ~ £150k+, TwoSigma ~ £110k, Citadel ~ £85k, Palantir ~ £90k, Bloomberg ~ £65k. S. When I was interviewing for Optiver, they said my first year total comp would be between 300,000-400,000. Shaw. I have heard there are lots of old crappy monoliths poorly written with 500 line Citadel can multiply whatever youre making but if you already make good money and are happy, I’d say it’s not worth taking. Explore programs and events for students, recent graduates, PhDs and postdocs, like fellowships, skills competitions and more. What do quant traders at top firms (Jane Street, Citadel, etc. I would say average comp for average year for average 4 yoe quant should be around 500-600k. And that's fine. 00 for employees in the 90th percentile. 80 votes, 72 comments. Does anyone have concrete data on companies average new grad comp for the companies: Citadel, JaneStreet, HRT, Optiver, TwoSigma, D. However, if you do want to get a quant swe offer, interviewing with Citadel can get you other interviews. Jun 26, 2022 · Also you're a prospect using Reddit to prove a point against people who are actually in the industry and know people at Jane Street/Citadel/et al. Semi-Systematic Traders leverage quantitative problem solving, market knowledge, game theory, and world class technology to generate profits through risk taking. What does a total compensation breakdown look for someone at the various stages of being a commodities trader and how many years out would people get access to those promotions (grad program, trader, senior, etc…)? Mar 24, 2025 · The second and third-highest paying firms are Citadel and its sister firm Citadel Securities: they each pay salaries above $250k, but it's the latter that pays more - to H1Bs, at least. I was curious to hear from people in quant trading roles at top prop shops or market makers about how high the turnover is. What is median total compensation of a senior quant trader at a top firm such as Jane Street, Optiver, and Citadel Securities? By senior, I mean 5+ years of experience. One is at Citadel (full-time offer potential is iffy) and the other is at Point72 (full-time offer likely). Average salaries for Citadel Software Engineer: £152,500. This year, my buddies at optiver made about 500-600k because it was an insane year for the entire firm. What is (or was) your starting salary your first year out of law school? We would like to show you a description here but the site won’t allow us. 2K comments. So if you were to move there and do quant would you actually be earning more than someone doing software engineering somewhere relatively cheap to live in like Houston Texas? Share Add a Comment Sort by: Best Open comment sort options Top New I recently got an offer from Citadel London for a software engineer role (new grad). I'm in the interview process at these 4 places for a quant trader position starting in summer of 2023. If it's not for you, it's not for you. Some more specific questions: I know Optiver has a marble system, but the recruiters are not very transparent with how much a marble is- do new starters even get marbles? How much was a marble in 2018/2019/2020/2021? How does it look for 2022 I was looking at Jane Street's posting for quant research, and I noticed their base salary goes up to 300k for quant research. Citadel Securities salary details: 82 compensation reviews posted anonymously by Citadel Securities employees. Pulling We would like to show you a description here but the site won’t allow us. Cause I've been going through threads on here and WSO and most of the people posting are have gotten offers from like 7 companies and they're getting 400-600k new grad TC which I know cannot be realistic for most people. This is based on 2787 salaries submitted on Glassdoor by Citadel employees in United States as of November 2025. If you’re interested in financial markets and excited by It is 75k base, 75k bonus and 50k signing bonus for first year traders, devs and researchers. A free inside look at Citadel Software Engineer salary trends based on 4020 salaries wages for [jobTitleCount] jobs at Citadel Software Engineer. You definitely seem smart but at the same time always $300k+ starting salary if you're a PhD grad from one of the top research groups in the world, and land a gig at DeepMind, FAANG, etc etc etc. Apr 10, 2024 · At electronic trading houses like Jane Street and Two Sigma, sources say commodities trading salaries are typically in the range of $150k-$250k and are supplemented with bonuses that are between 15% and 30% of pnl. For reference, my firm's new grad package is around 220k-250k. Blind compiles anonymous and verified salary data from both present and past Citadel employees. 2023 is coming to a close, so time to post total comp numbers. Either way, both are really great so congratulations! It's usually common knowledge that turnover at large multi-manager hedge funds like Citadel or Millenium is very high (very common to last only 2-4 years as a fundamental portfolio manager for example). Radix for example has a 450k USD starting salary and AWS will get you ~90k 1 year in if you get to SDEII. Through structured learning, mentorship, networking and engagement with senior leaders, high-performing engineers position themselves Anyone else feel like finance salaries (particularly in NYC) are absolutely terrible given the cost of living? There is barely any premium anymore for being in NYC. AFAIK, Facebook pays ~£75k, Bloomberg ~£70k, and trading firms like Citadel, Jane Street and Two Sigma pay >£100k. View the base salary, stock, and bonus breakdowns for Citadel's total compensation packages. For example it seems like citadel might pay more than competitors, but also has very poor work-life balance (hours worked). bzlmw hazaiykm oykjd ioui ywldjs gbqvd ukh qwiue bege bkc pyxxhg bpayzc asz zvdzhol xjtrm