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Realistic Quantitative Finance Salary

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pj13d ago Careers

I have been a software engineer for ~2 years in Australia, and I want to transition to the software side in quantitative finance. I'm currently making around 150k AUD, would I expect to make more as an entry level/mid level software engineer at a quant firm? Also, how similar is the quant culture compared to tech?

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Jacob_Poker124113d ago

I'm not sure about Australia, but in the US you can expect to make 300-400k in your first year as a software engineer. Definitely a pay rise. But you shouldn't leave your job purely because of it's pay. Quant is a very challenging career. If you make it in, you will likely experience more stress and longer hours than a regular software engineer.

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hrt.ceo7d ago

What makes quant challenging?

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miguelmason12d ago

You'd make more in quant.

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