Recent content by ThinkDifferent

this survey is not about bankers then. who on earth can make 60K or less working on Wall Street?

Ron Paul

Lol never seen that video of Sanders ripping apart the worst fed chairman ever mr. Greenspan.

Bernanke and Krugman the first two that come to my mind. Those two have been constantly wrong for the last three years.

*Facepalm* what an ingenious solution....

Abdel, listening to Peter Schiff much?....I mean, too much :))

LOL really?

This is not particularly important. Having degree from a top school may help your CV to stand out and get you a shot at an interview, but to get through an interview for a quant position requires brains, experience, and preparation, which PhD holder from some particular school may not...

I don't know any quants who started as analysts. Also all those people have PhDs. To be honest never met MFE guys in my life lol I am old shool :)

I know nothing about algo / high frequency stuff etc. Derivatives pricing quants make: FO: Associate (0-3 years exp) 90K-120K base, VP (>3 y.) 140K - 180K base. Bonus varies a lot, but usually from 50% to 100%. MO (model val): Associate 80K - 110K base, AVP 110K-130K, VP 130K-170K. Bonus...

thanks God there is MO :) 8pm I am at home with my family having dinner....and this is after I went to the gym :) ...always crack me up to see emails from FO guys when it's something like 7am or 10pm in their time zone :))

if we are talking about derivatives pricing quants then 1st year quant salary is 50K-60K GBP for middle office (model val), and 65-70K for FO quants. Bonuses are 25%-40% for middle office, 40%-100% for FO. I have no idea what salaries are for algo trading quants etc. are.

he is talking about UK, so it's in pounds. 60K-120K GBP is too high.