Any inside tip appreciated.
AQR salary in NYC: enough for a family?
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living in Jersey City, Hoboken, Queens can be more affordable than Brooklyn and Manhattan. good luck!
having an 8+ hour a day job and living in the suburbs = kill yourself territory
with non-academic jobs where you have to go into the office every day, you need to be walking to work. If the job doesn't pay enough to allow you to do that, then why bother
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I can only good that.
living in Jersey City, Hoboken, Queens can be more affordable than Brooklyn and Manhattan. good luck!
having an 8+ hour a day job and living in the suburbs = kill yourself territory
with non-academic jobs where you have to go into the office every day, you need to be walking to work. If the job doesn't pay enough to allow you to do that, then why bother -
living in Jersey City, Hoboken, Queens can be more affordable than Brooklyn and Manhattan. good luck!
having an 8+ hour a day job and living in the suburbs = kill yourself territory
with non-academic jobs where you have to go into the office every day, you need to be walking to work. If the job doesn't pay enough to allow you to do that, then why botherSo true.
-- DC bro
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Key point here...key point...thanks
living in Jersey City, Hoboken, Queens can be more affordable than Brooklyn and Manhattan. good luck!
having an 8+ hour a day job and living in the suburbs = kill yourself territory
with non-academic jobs where you have to go into the office every day, you need to be walking to work. If the job doesn't pay enough to allow you to do that, then why bother -
Guys, if OP is working in Wall Street living in Jersey City implies a shorter commute than living in most parts of Manhattan.
A lot of downtown white collar workers live in Jersey City or Hoboken, it's very convenient if you work in Manhattan (more so than "fancy" parts of Brooklyn such as Park Slope) -
toGuys, if OP is working in Wall Street living in Jersey City implies a shorter commute than living in most parts of Manhattan.
A lot of downtown white collar workers live in Jersey City or Hoboken, it's very convenient if you work in Manhattan (more so than "fancy" parts of Brooklyn such as Park Slope)
"jeez I can't afford to live in Manhattan, why are you judging me for living in the best suburb that my salary can buy:"- guy who literally sold out all his dreams to go work in a hedge fund where his job is increasing total profits from 7.32% up to 7.33%, and defines himself entirely in terms of his bonus salary multiple
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So mush stupid in this thread. First off, Jersey City, Hoboken or Queens aren't suburbs. They're about as far from a suburb as it gets. They're s**t, but they're s**t not because they suburban, but because they're third word infested hell holes.
Second, living in the suburbs is what you'll wish you'd be doing once you have a family. But seeing how you're 20 something retards living in Manhattan who think Queens is a suburb, I'm pretty sure you'll never have that problem anyway.
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you people have no idea what you are talking about. working at AQR as an associate for just 3 years guarantees you a salary in the 200k-300k range, which is more than any PhD economist job there is in NYC (you name it: econ AP at Columbia/NYU, Fed senior economist, etc.) If an AQR job can't get you a comfortable job, nothing else can.
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Source?
you people have no idea what you are talking about. working at AQR as an associate for just 3 years guarantees you a salary in the 200k-300k range, which is more than any PhD economist job there is in NYC (you name it: econ AP at Columbia/NYU, Fed senior economist, etc.) If an AQR job can't get you a comfortable job, nothing else can.
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you people have no idea what you are talking about. working at AQR as an associate for just 3 years guarantees you a salary in the 200k-300k range, which is more than any PhD economist job there is in NYC (you name it: econ AP at Columbia/NYU, Fed senior economist, etc.) If an AQR job can't get you a comfortable job, nothing else can.
1) $200k after 3 years is far too low for a hedge fund
2) the point isn't whether AQR pays more than other NYC jobs, its whether new york is affordable on that sort of money. Learning $300k at a fund in NYC is much, much less than earning $100k in a flyover state, in terms of quality of life
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100h week? Are you serious ? That would not make any sense. You want to be as fresh as a flower to beat the market
AQR will make you work 100 hour week. But, after tax, you will have ton of cash. Real estate has stopped appreciating in NYC and taxes are decreasing.
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Earning $300k at a fund in NYC is much, much less than earning $100k in a flyover state, in terms of quality of life
I disagree with this for a couple reasons:
1. Quality of life for me, and I'm guessing most PhDs, boils down to whether you like your job. Working with smart colleagues on billion dollar investments at a place like AQR is much more enjoyable than working with mouth breathers in flyover country.
2. Whether I live in flyover country or NYC, my lifestyle would be basically the same. I'd spend $x/month on rent and about $1000-1500/month on other stuff. In flyover country, x = 800. In NYC, x = 2400. In flyover country, I'd save maybe $40K/year. In NYC, I'd save close to $150K/year. That's a massive difference.