News: Careers
February 20, 2025 / Careers
efinancialcareers: McKinsey & Co. partners receive same salaries as VPs in banks
An interesting comparison here - the base salaries of McKinsey & Company partners are very similar to VP level in banks.
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February 18, 2025 / Artificial Intelligence, Careers
efinancialcareers: More financial services quants are spending their gardening leaves at OpenAI
AI research giants like OpenAI are some of the few firms who can match the pay you can earn as a quant in a hedge fund or algorithmic trading firm.
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February 11, 2025 / Careers
CIO: H-1Bs under Trump: Lots of heat, little action
While the Trump administration combats other immigration, the high-skilled worker visa program appears safe, even with strong opposition from the president’s MAGA base.
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CIO Dive: IT leaders turn to upskilling to close looming skills gap
IT leaders are turning to upskilling to close a looming skills gap.
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February 3, 2025 / Careers
efinancialcareers: Deutsche Bank hired 1,300 technology staff last year. But bad luck to contractors
Deutsche Bank hired 1,300 technology staff last year.
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CIO: 67% of digital transformations delayed due to skill shortages
IDC's latest survey of IT leaders from North America, Asia, and Europe found that a shortage of IT skills has caused delays in product development at 54% of organizations, with 58% reporting product or service quality issues as well.
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January 28, 2025 / Careers
efinancialcareers: 2025 quant interns are earning $5k per week at Citadel, D.E. Shaw and Point72
2025 quant interns are earning $5k per week at Citadel, D.E. Shaw and Point72.
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January 12, 2025 / Careers
efinancialcareers: London electronic trading firm pays $3m per partner, $450k to everyone else
I get asked by a lot of people about compensation in the "hedge fund" world. Here is one example - GSA Capital.
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January 11, 2025 / Artificial Intelligence, Careers
Finextra: AI threatens as many as 200,000 jobs in global banks – Bloomberg
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.
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January 1, 2025 / Careers
efinancialcareers: The guide to pay at Bain, McKinsey, BCG and the Big Four
Thinking of a career in consulting when you graduate?
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