Two Sigma 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 Researcher | Intern | $150,000 – $170,000 | $175,000 – $200,000 |
| Quant Developer | Intern | $145,000 – $165,000 | $165,000 – $195,000 |
| Quant Researcher | New Grad | $170,000 – $200,000 | $275,000 – $385,000 |
| Quant Developer | New Grad | $155,000 – $180,000 | $240,000 – $330,000 |
| Quant Analyst | New Grad | $150,000 – $175,000 | $225,000 – $300,000 |
| Quant Researcher | Mid-Level | $195,000 – $250,000 | $400,000 – $650,000 |
| Quant Developer | Mid-Level | $185,000 – $235,000 | $350,000 – $550,000 |
| Quant Researcher | Senior | $220,000 – $290,000 | $550,000 – $1,100,000 |
Frequently Asked Questions
How much do quant researchers make at Two Sigma?
Quant researchers at Two Sigma earn between $175,000 and $1,100,000 in total compensation, depending on experience level. This includes base salary, signing bonuses, and performance bonuses.
What is the average new grad salary at Two Sigma?
New graduates at Two Sigma earn an average total compensation of approximately $292,500 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 Two Sigma?
Two Sigma interns earn between $165,000 and $200,000 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 Two Sigma compensation compare to other quant firms?
Two Sigma 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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