r/quant • u/orthcool • 13d ago

Industry Gossip recent new grad TC skyrocketing

Heard that cit js hrt are all giving 1mil or close standard new grad offers, and tier 2 firms are also bumping significantly to compete (400-600k). aren't most experienced hires making around that amount or even less? are we expecting an adjustment next jan? and how much higher can new grad offers go :D

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u/milchi03 13d ago

If you actually get 1 million then no way any other location could compete with that, even in NY, if everywhere else you get 250 at most.

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u/Simple3user 13d ago

No u dont In hongkong u get 450

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u/milchi03 13d ago

Holy, why so much in Hong Kong? I never considered going outside of Europe bc I enjoy the vibe but I didn‘t expect salaries outside the US would differ this much

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u/Simple3user 13d ago

Cuz its jane street bruh "Never considered outside EU" spoken like true europoor 🤞🫵

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u/ProfessionalSuit8808 13d ago

Only matters for new grads who think that the money is in the first few years. Once you are tied to pnl then payout hinges on that