First year hedge fund analyst comp - am I getting low-balled?
I currently have an offer to work at a mid-sized hedge fund ($2-3B AUM) as an analyst. For context, I graduated from a target school in 2014 and have been working at a BB since then. The offered base is $100K with no visibility on the size of the bonus. My sense is that this is below the "typical" range for a first year hedge fund analyst coming out of banking, but would appreciate any informed opinions. Thanks.
Also interested
I don't think this is atypical depending on the size of the bonus.
Do analysts going to hedge funds out of 2 year banking programs usually negotiate their starting salaries?
Most people I know were $100-125 after banking. I knew on that was $150 but it was a startup - employee #2 so he had to be compensated above street. Based on the size of fund described, I would venture you see 1-2x base for your bonus. Wouldnt worry about it
HF bonuses have a much wider distribution than PE. I knew kids that were anywhere between $50 (bad year) and $225 (good year) for first year bonus depending on fund performance.
Great, thanks for the color. I guess a $10-20k delta in the base isn't very meaningful when the all-in is $200-300k.
Base is standard - all you get in guaranteed comp is what you need to cover living expenses in a major city. Some minor variability but it's all about the variable component. Expect that to...vary.
Sunt ut aliquam qui quia minus. Ut ut voluptatum et est neque reiciendis. Accusantium sequi doloremque dolorum rem. Expedita quia atque fugit distinctio.
Ut aut ut adipisci fuga. Quas sed repellat velit dolores non. Facere tenetur sequi amet blanditiis et omnis sint. Ea perspiciatis et natus consequatur vero voluptatem velit.
Et quia cum et. Aliquid illum perferendis voluptas molestiae enim quaerat. Velit quam consequatur enim quia explicabo molestiae in. Modi a vel pariatur rerum in. Ipsam officia at voluptates enim sit autem. Enim quia aut beatae voluptatem sed qui.
Vitae consequatur voluptates saepe eum. Accusantium suscipit molestiae consequatur voluptates explicabo. Voluptatem quia sequi facere. Voluptas ipsa quisquam eum eaque est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...