The truth about data science salaries in hedge funds

By Sarah Butcher | eFinancial Careers | November 21, 2019

In theory, data science jobs in hedge funds are some of the best paid in the industry. Urban myth has it that newly qualified PhDs can get $500k+ jobs at top funds soon after graduating and seven figure positions soon after after that. The reality may be rather more modest.

Speaking a conference in New York earlier this year, Richard Pook, an executive search consultant at Dore Partnership, said the only data scientists who can demand the really big pay are those that can bridge the gap between the analytics team and the C-suite. Everyone else gets a lot less.

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By MIT Sloan CDO
MIT Sloan CDO