Jane Street Compensation
Upper Tier Firm
Compensation Breakdown
Estimated base, signing bonus, and performance bonus (annualized midpoints).
Intern
New Grad
Mid-Level
Senior
Salary Ranges
| Role | Level | Base Range | Total Comp Range |
|---|---|---|---|
| Quant Trader | Intern | $160,000 – $180,000 | $190,000 – $220,000 |
| Quant Researcher | Intern | $160,000 – $180,000 | $185,000 – $210,000 |
| Quant Developer | Intern | $150,000 – $175,000 | $175,000 – $200,000 |
| Quant Trader | New Grad | $175,000 – $200,000 | $350,000 – $450,000 |
| Quant Researcher | New Grad | $175,000 – $200,000 | $300,000 – $400,000 |
| Quant Developer | New Grad | $165,000 – $185,000 | $275,000 – $350,000 |
| Quant Trader | Mid-Level | $200,000 – $250,000 | $500,000 – $800,000 |
| Quant Researcher | Mid-Level | $200,000 – $250,000 | $450,000 – $700,000 |
| Quant Trader | Senior | $225,000 – $300,000 | $750,000 – $1,500,000 |
| Quant Researcher | Senior | $225,000 – $300,000 | $600,000 – $1,200,000 |
Frequently Asked Questions
How much do quant traders make at Jane Street?
Quant traders at Jane Street earn between $190,000 and $1,500,000 in total compensation, depending on experience level. This includes base salary, signing bonuses, and performance bonuses.
What is the average new grad salary at Jane Street?
New graduates at Jane Street earn an average total compensation of approximately $354,167 per year. Actual figures vary by role, with quant traders typically earning more than developers at the entry level.
What is the intern salary at Jane Street?
Jane Street interns earn between $175,000 and $220,000 in annualized total compensation. These figures are prorated — a typical 10-12 week summer internship would pay a proportional share of this annual rate.
How does Jane Street compensation compare to other quant firms?
Jane Street is an upper-tier firm offering compensation above industry average. Compensation varies significantly across the quant industry, with top-tier market makers and hedge funds often offering 2-3x what mid-tier firms pay at the same level.
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