Trending Content
+51 | Do you regret going into public markets investing? | 27 | 5s | |
+46 | Alta Fox - How did Connor Haley do it? | 24 | 21h | |
+36 | RIP Jim Simons | 27 | 2d | |
+23 | Advice ahead of a pair trade presentation - HF interview | 7 | 2s | |
+23 | Is Quasi-MNPI The Ultimate Alpha Generator For Public Equities? | 8 | 18h | |
+22 | Point 72 let go of seven long-short managers !! | 26 | 2h | |
+18 | UPenn SEAS vs Cornell Engineering | 8 | 4d | |
+17 | SM Career Trajectory | 5 | 5d | |
+16 | PMs: move across platforms, latest terms | 15 | 4d | |
+15 | Why are so many people here interested in Biotech? | 12 | 1h |
Career Resources
My understanding is each PM is given a cut of the assets he gets to manage and he decides how to allocate the money, he decides how many analysts he wants and what they get paid, even Analyst Blackberry payments are taken out of his revenue so if the PM is generous you can make a lot, if he isn't generous you won't make a lot.
Do they hire analysts straight out of college? I think they recruit at harvard and wharton, not entirely sure though.
I know they recruit at Wharton. They took 4 in 2008, none last year (they probably took no one that year - it was a pretty shitty year for the industry).
Which firms were considered the most selective among wharton undergrads? I would imagine it would be SAC, citadel, blackstone, and fortress.
I have no idea. I will be going to Wharton next year. I just took that info from the Wharton Career Placement book thing.
um...no number?
ummmmmmmmm........its variable dude not sure how hard that is to understand, if you want a number, $20 dollars.
even the base salary comes from the cut? So analysts can have different incoming base salaries depending on their PM?
i bet entry level analysts get paid a set base salary + bonus, like most places
i bet it's a base of like 60-80k and a bonus of 50-100%
Let's wait for someone who actually works at SAC to post. Our bets are as good as useless. I'm sure there must be at least one person from SAC who will post.
Base is $150,000
This is after doing 2-3 years of banking.
I very much doubt people from SAC post here.
Steve Cohen would flip shit
I know someone with 7 yrs of experience with a base of 90 and a bonus of 550 last year, just depends on your PM
Aspernatur velit expedita possimus distinctio ut qui. Dolores tempora autem est vero et sunt hic sint. Beatae ipsa iusto in harum et molestiae. Quibusdam rerum ea ut aut est impedit voluptatibus. Est aspernatur sed quae magnam. Ab quod facere recusandae molestiae eaque aut. Ipsam non rerum optio omnis.
Occaecati ipsa rerum suscipit ad accusantium. Nemo sunt eum quibusdam sit et qui corrupti. Ad consequuntur modi facilis voluptatibus aut.
Ut rem voluptas quis culpa eos vel repellendus officiis. Qui et enim suscipit et. Non voluptatem ea in fugit commodi autem ipsam. Adipisci voluptas temporibus perferendis voluptas harum et.
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...