is this the new standard for AQR?
200k all in this year
200k is full of s**t. They pay undergrad 200k
AQR salary in NYC: enough for a family?
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this is year 280K for fresh graduates
Think about the strategies AQR uses, its customers and then calculate your realistic value add to the company. 200k sounds about right to me. Dont know why places like it need to be in NYC though.
So all past posters claiming 400k have lied to us
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sorry i mean this year
this is year 280K for fresh graduates
Think about the strategies AQR uses, its customers and then calculate your realistic value add to the company. 200k sounds about right to me. Dont know why places like it need to be in NYC though.
So all past posters claiming 400k have lied to us
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this is year 280K for fresh graduates
Think about the strategies AQR uses, its customers and then calculate your realistic value add to the company. 200k sounds about right to me. Dont know why places like it need to be in NYC though.
So all past posters claiming 400k have lied to us
This sounds decent.
What fraction of this is take home cash bonus?
What is the pay trajectory five years out?
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In finance industry, the starting pay is always low. Who'll give you a bunch of money upfront without any track record? That only happens in the non-profit teaching world. In finance, you keep what you kill. So you start low, but if you know what you are doing, 7 figures gross 5 years out is not unrealistic.
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In finance industry, the starting pay is always low. Who'll give you a bunch of money upfront without any track record? That only happens in the non-profit teaching world. In finance, you keep what you kill. So you start low, but if you know what you are doing, 7 figures gross 5 years out is not unrealistic.
Are you an industry bro?
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In finance industry, the starting pay is always low. Who'll give you a bunch of money upfront without any track record? That only happens in the non-profit teaching world. In finance, you keep what you kill. So you start low, but if you know what you are doing, 7 figures gross 5 years out is not unrealistic.
This isn't true anymore. Quants are more and more a dime a dozen. There has been a downward pressure on compensation within finance for over a decade now. It has become much more competitive to succeed in the field, more and more people understand how to get into finance. If you want to make 400k for the rest of your life, then sure it's a great place. Making 7 figures is harder than ever
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including sign on or not?
this is year 280K for fresh graduates
Think about the strategies AQR uses, its customers and then calculate your realistic value add to the company. 200k sounds about right to me. Dont know why places like it need to be in NYC though.
So all past posters claiming 400k have lied to us
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Quantitative investment firm AQR has laid off some of its staff following a year of poor performance.
A spokesperson for the firm confirmed to Institutional Investor Wednesday that it recently cut a small percentage of its 1,025 employees.
“At AQR, we have experienced record headcount growth over the past three years, including 2018,” the company said in a statement. “Recent small reductions in headcount reflect the need to balance our workforce growth with the current needs of our business.”
Despite the layoffs, AQR’s website still lists some job openings in its business development, human resources, engineering, and legal departments.
Its chief executive officer — the notoriously outspoken Cliff Asness — discussed the hedge fund firm’s floundering performance last fall in a series of posts on AQR’s website. “Long-short systematic value investing (only a subset of what we do in individual stocks) is quite bad this year,” Asness wrote in September. In fact, it has been doing quite poorly since a little after the GFC ended. “What’s different this year versus prior years is that until 2018 other systematic long-short factors more than made up for it (after all, we only really care about the net).”
The year got worse, according to a follow-up post called “The George Costanza Portfolio.” Asness modeled and dismissed the idea of “doing to opposite” of AQR’s long-term strategy due to one bad year.
Nearly all of its mutual funds fell in 2018. The firm’s alternative risk premia mutual fund lost 7.51 percent, its website shows, and the long/short equity product fell 16.32 percent