Does anyone know what is the range of salary / bonus for quant managers?

No.

I prefer not to. It would be too depressing.

A quant manager could range from a VP to an MD. you got to be a little more specific.

R+*

An interesting question is what type of person should be a 'Quant Manager.' Quants, programmers and engineers, etc. are very hands on and want to 'do it themselves' to make sure it is done right. For a manager that may not work well. Such a manager may not have time or interest in doing the other things a manager needs to do---get good staff, review and guide staff, get resources [computers and software], protect the staff from political battles [i.e. other managers jealousy, layoffs, cut resources], make sure the staff is recognize for their contribution and get them interesting work, etc.. Many times such a manager can also get in the way of his staff because he wants to be in on the nuts and bolts instead of hiring good people and then directing them instead of standing over their scholder, or not providing information to staff until he 'has a chance to master it himself' and thus giving less time to staff to do the work. Perhaps a quant in 40s or 50s who does not have the 'fire' anymore, feels he does not have the time or desire to keep-up with the literature or whose family life takes up too much time. But who can still judge good ideas of the staff, esp. when there are differences of opinion and who can take care of all the business needs I spoke of above.

QuoteOriginally posted by: WiennerA quant manager could range from a VP to an MD. you got to be a little more specific.VP

QuoteOriginally posted by: GerasimosVPMy interpretation was different: I assumed quant manager means someone like Jim Simons or Ken Griffin(ie manager of a quant fund)Therefore the salary bounds are [0..$1B]

I have a related Question, how do the compensation of MDs compare across depts, say M&A vs credit derivatives? in the same bank, my impression is base is pretty much same with variable bonus

QuoteOriginally posted by: pgeekI have a related Question, how do the compensation of MDs compare across depts, say M&A vs credit derivatives? in the same bank, my impression is base is pretty much same with variable bonus it mainly depends on how profitable your dept is. in a good year, a quant manager like that GSAM dude can earn millions; in a bad year, he might get almost nothing.

QuoteOriginally posted by: pgeekI have a related Question, how do the compensation of MDs compare across depts, say M&A vs credit derivatives? in the same bank, my impression is base is pretty much same with variable bonusBase salary tops out pretty quickly but bonuses will vary hugely across departments. An MD in a quant group is going to have a bounded but more stable bonus compared to an MD on a trading desk.

"protect the staff from political battles [i.e. other managers jealousy, layoffs, cut resources]"Is that supposed to be the acceptable behavior of a manager?

It's a wild, wild world out there