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Comment by fullsend
I appreciate your comment about pay. Recruiters will often tell me "it's finance so of course the pay will be substantial." Then when we get to talking numbers they're like "300k a year". Oh, you mean the going rate at a FAANG? And I have to move to New York or Chicago, work more hours, and actively work for people who I know are taking home paychecks with 7+ zeroes on them? Come on. Sometimes it's 400 plus bonus or whatever, which is based on fund performance and yada yada. But it feels way off. I had heard so much about the staggering paydays at these places but it seems you need an ML PHD or some trading chops to be part of that.