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60k starting? That sounds low, even for 6 years ago when I graduated in CS. Google/Microsoft paid 80K starting for college grads back then -- have no doubt it is > 100K or more now.


I can confirm that Microsoft still started at 80K last year. I've heard Google is a bit higher, but still under a 100K.

A trader at a top tier firm, on the other hand, might have a $150K+ base first year out of school. Adding on bonuses, it isn't unusual for them to be making $1mil/year within 3-5 years (although the vast majority don't make it five years ...). A quant programmer (slightly less competitive/stressful) can expect to be making $200K/year+ within five years at a top tier quant firm.

It isn't really fair to compare programmers to bankers since the hours aren't really comparable. But the traders/quant-programmers I know (usually) only work about 60 hours a week.

All based on my relatively limited experience (~5 people/company - although I have no reason to suspect bias in my sample).




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