In Battle to Recruit New Quants, Hedge Funds Outpay Banks

In Battle to Recruit New Quants, Hedge Funds Outpay Banks
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Hedge funds are paying top dollar to bring in new employees with quantitative skills, underscoring the desperation some funds face to bulk up their abilities around big data and algorithms.

A new survey from Baruch College’s financial engineering program found that recent graduates working at hedge funds made significantly more than their peers working at banks. Baruch’s master’s program teaches students skills like data science and financial modeling.

Source: Wall Street Journal

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