Hi,I know this question has been asked innumerable number of times, but a bit bespoke situation here.1. 4yrs Work Exp in Analytics (became a VP in 4yrs in India)2. Moving as a Quant (Associate) to London in Goldman.What is a reasonable salary to start off with, considering the Group only hires Phds and my 4years Work exp is considered par with a Phd ? I just want to get a ball park figure.Best,B

GBP 100k base + bonus

100k for AVP ? really ?

100K GBP? Not trying to prove you wrong, but isn't it a bit on the Higher side? Probably some Hedge Fund would pay so much, firm like GS can afford to hire at a bit lower side isn't it. Again, you might be right, since my knowledge here is not authoritative and hence my post.

QuoteOriginally posted by: bhargavsn100K GBP? Not trying to prove you wrong, but isn't it a bit on the Higher side? Probably some Hedge Fund would pay so much, firm like GS can afford to hire at a bit lower side isn't it. Again, you might be right, since my knowledge here is not authoritative and hence my post.there you go, see page 29.

Yup 3-5Yrs ranges from 60-100K which sounds reasonable. Again, the work exp in the article here is counted after Phd (Since most quant groups want a Phd), However I am talking about a bit different case, that of an Undergrad with 4 years Industry experience became a VP and joining a Quant Group, so its more like an entry level. My assumption is that the 4 years worexp can be treated on par with Phd. Is my analysis fair ?In anycase I think I have gotten a decent picture from your link. Thanks for that!

About 60k GBP + bns of about 50-100%

QuoteOriginally posted by: bhargavsnYup 3-5Yrs ranges from 60-100K which sounds reasonable. Again, the work exp in the article here is counted after Phd (Since most quant groups want a Phd), However I am talking about a bit different case, that of an Undergrad with 4 years Industry experience became a VP and joining a Quant Group, so its more like an entry level. My assumption is that the 4 years worexp can be treated on par with Phd. Is my analysis fair ?I don't think 4 years work experience comes close to equating to a Phd, and I have never heard of an entry level quant with only an undergrad degree. I also think you need to discount the fact that a VP in India does not equate to a VP in London or New York.As others have mentioned, 60K+bonus sounds about right.

QuoteOriginally posted by: WannaArbQuoteOriginally posted by: bhargavsnYup 3-5Yrs ranges from 60-100K which sounds reasonable. Again, the work exp in the article here is counted after Phd (Since most quant groups want a Phd), However I am talking about a bit different case, that of an Undergrad with 4 years Industry experience became a VP and joining a Quant Group, so its more like an entry level. My assumption is that the 4 years worexp can be treated on par with Phd. Is my analysis fair ?I don't think 4 years work experience comes close to equating to a Phd, and I have never heard of an entry level quant with only an undergrad degree. I also think you need to discount the fact that a VP in India does not equate to a VP in London or New York.As others have mentioned, 60K+bonus sounds about right.Makes sense, I am not directly equating 4 yrs to Phd but just trying to make a crude comparison of apples and oranges .I agree with the 60K+Bonus part too.Regarding an Entry Level Quant with only an undergrad, yeah it is not a street norm but its not something impossible either. Again you might be probably looking at quant groups in NY/LN. However there are certain quant groups operating out of India where people are taken from IIT's. Now after 4-5 years of good performance there are cases where that person is moved internally to NY or LN. Though this is not a frequent occurence.

I have seen a number of undergrads in quant groups on the street (usually front office less modelling oriented though) - I would say that I have seen even more non-phds on the quant side in HFs.