This winter, sixty five graduate students studying for their Masters of Financial Engineering earned, on average, an annual salary of $94,068 working at Wall Street firms. As interns.
The generic term for what the students are studying to become is "quants," financial engineers that (generally) design trading systems.
Four years ago, $90,000 was about the average starting base salary paid to quants who had already graduated. But this year, at least 65 graduate students made that much as interns (the actual number of graduate student "quant" interns is undoubtedly much higher).
To read the full, original article click on this link: Some Wall Street Intern Salaries Hit $100K Per Year
Author:
Courtney Comstock
