Citadel internship salary Ken Griffin’s multi-billion dollar hedge fund Citadel is ready to spend big bucks to find the next crop of top quantitative researchers. Applications are open for a January 2026 quant trading internship in New York, which pays $5,750 per week ($23k in total). Salary information comes from 7 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. 4% acceptance rate and a monthly stipend exceeding ₹20 lakhs. The second round is onsite, and usually consists of three to five 60-minute interviews. Shaw is the only one that breaks down its full compensation structure. In general though I’ve heard a lot of complaints from my friends at citadel, more so than those at other trading firms. Learn more about internships at Citadel Securities Apr 15, 2025 · Average salaries for Citadel Intern: £55,500. Base salary does not include other forms of compensation or benefits. As a Launch Intern, you will join us in a premier destination of learning and mentorship. Apr 10, 2025 · Average salaries for Citadel Internship: $102,920. In accordance with applicable law, the base salary range for this role is $2,200 to $2,300 per week. com to find out more. Of course, salary is only one aspect of compensation; D. Software engineer interns at Citadel Securities make $120. Nov 10, 2024 · Average salaries for Citadel Intern: $95,392. Based on 52960 salaries posted anonymously by Citadel Intern employees in London. The average Operations Intern base salary at Citadel is $99K per year. The average Software Engineering Intern base salary at Citadel is $121K per year. Citadel salary trends based on salaries posted anonymously by Citadel employees. Average salary for Citadel Intern in London: £36,000. We manage capital on behalf of many of the world’s preeminent private, public and nonprofit institutions. Opportunities available in New York. Explore Citadel salaries by job title, average pay — and see how they compare to the U. 5% of the applicants have been accepted to the program. Apr 10, 2025 · Average salaries for Citadel Summer Intern: $75,125. During the 11-week program, you will be immersed in the finance industry, collaborating with experienced engineers on projects that have impact on our firms and global capital markets. 20% of Citadel's investors are employees, possibly more (and the amount invested in the fund grows disproportionately with seniority/role), so in total citadel staff and board made 12B fees + 20% of 16B ≈ 15B. As an intern, you’ll get to challenge the impossible in research through an 11 week program that will allow you to collaborate and connect with senior team members. The average additional pay is $21K per year, which could include cash bonus, stock, commission, profit sharing or tips. Jun 28, 2023 · That’s certainly the case at Citadel and Citadel Securities, where summer interns are reportedly making about $120 an hour this year, a 25% jump from intern pay last year, Bloomberg ’s Paulina Jun 13, 2023 · According to Levels. A free inside look at Citadel intern salary trends based on 948 intern salaries wages for 280 jobs at Citadel. Jul 6, 2024 · In accordance with New York City’s Pay Transparency Law, the base salary range for this role is $3,300 to $5,000 per week. About Citadel Securities Citadel Securities is the next-generation capital markets firm and a leading global market maker. Based on 180 salaries posted anonymously by Citadel Intern employees in London. A free inside look at Citadel salary trends based on 208 salaries wages for 96 jobs at Citadel. Our Traders work with A free inside look at Citadel intern salary trends based on 955 intern salaries wages for 281 jobs at Citadel. If the 4. You’ll have access to state-of-the-art tools and apply innovative techniques including distributed computing A free inside look at Citadel intern salary trends based on 18 intern salaries wages for 1 jobs at Citadel. Jun 5, 2024 · The Citadel Securities Internship is one of the hardest programs to get into. Salaries posted anonymously by Citadel Securities employees. This is based on 18 salaries submitted by Citadel Intern professionals Our internship opportunities are available for aspiring investors and traders, quantitative researchers, software engineers and more. Early-career professionals gain hands-on experience across our equities strategies, putting them on track for full-time opportunities at the firm. With short development cycles, work rapidly goes into production. Mar 26, 2025 · Five Rings Capital - New York Prop trading firm Five Rings is the largest (and thus, least niche) firm on this list, with ~250 staff. These figures are Citadel received more than 69,000 applications for their 2023 internship program, a more than 65% increase year-over-year, per Bloomberg. This June 2024, more than 300 interns will start their 11-week program at either the well known hedge fund (Citadel) or market maker Jun 6, 2024 · The estimated total pay range for a Software Engineering Intern at Citadel is $121K–$179K per year, which includes base salary and additional pay. 1B check for Kenny is accurate then that leaves roughly 11B for the rest of the staff. Software engineer interns at Citadel make $120. It compensates its full-time quant researchers very well, paying $300k salaries, and its interns are also paid well above the market. In accordance with applicable law, the base salary range for this role is $4,300 to $4,800 per week. Visit Salary. If you’re interested in financial markets and excited by Discover the highest paying paying internships in 2023. How fun an internship is depends heavily on the specific project, your teammates, and how well you connect with other people at your work (usually the other interns). Aug 28, 2023 · Citadel Vets 69,000 Intern Applicants to Find Next Math Geniuses Griffin’s financial empire is going all out in the battle for “truly exceptional” new hires. Quantitative researchers build the models that power our quantitative strategies and inform many of our investment decisions. The “Most Likely Range” reflects values within the 25th and At Citadel, our engineers work in small teams to turn the best ideas into high-performing and resilient technology. average salary per year. Less than 0. Shaw have been taking applications since August, and Bridgewater Associates has already stopped taking applications for its summer internships. May 5, 2025 · How much does Citadel in the United States pay? The average Citadel salary ranges from approximately $84,750 per year for Infrastructure Engineer to $269,906 per year for Director of Quantitative Research. Apr 15, 2025 · Glassdoor salaries are powered by our proprietary machine learning model, which utilises salaries collected from our users and the latest government data to make pay predictions. In this guide, we break down the exact Citadel Internship application process, eligibility, interview format, salary details, and tips to succeed. Jan 24, 2025 · Citadel and D. Citadel & Citadel Securities (PhD interns) At Citadel, interns who are pursuing or hold PhDs can earn exceptionally high compensation, with monthly earnings exceeding $25,000 in some cases. You will have the opportunity to network and socialize with peers and even connect with senior leaders at Citadel. A free inside look at Citadel Securities salary trends based on 351 salaries wages for 116 jobs at Citadel Securities. Disclaimer Indeed estimates the pay amounts by analyzing the available public or private data and pay grades across nearby locations, similar companies, reviews, resumes, similar roles and A free inside look at Citadel Securities intern salary trends based on 6 intern salaries wages for 1 jobs at Citadel Securities. S. . At Citadel, Software Engineers are responsible for building the systems that power every aspect of our investment process, from research and analysis to trading, risk management, funding and settlement. Apply to open internships and view details such as housing, relocation, transportation, and more. Like the first round, it assesses a combination of technical and behavioral skills. Sep 30, 2024 · Getting on Citadel's Launch program is a solid route to one of its main internships; most of the previous cohort are returning as interns this year. Jun 6, 2024 · The estimated total pay range for a Operations Intern at Citadel is $96K–$152K per year, which includes base salary and additional pay. Is 100M comp Opportunities available in New York and Miami. For software engineering positions their salaries are that high, and typically come with 6 figure cash bonuses every year. Reply reply college-is-a-scam •• Edited That's because most people dont care to get enoigh internships or experience which is almost always needed to get interviews Citadel specifically has been hiring way more noj target interns than in previous years Reply reply More repliesMore replies granite_towel • How much does Citadel pay in United States? The average Citadel salary in United States can vary greatly by role. The intern pay is reasonable and the first year pay is generous. View all open internships. Most of Citadel's interns are penultimate year students at university or college. As an engineer, you can create systems architectures, develop platforms and build web frameworks. Salaries posted anonymously by Citadel employees. 00 per hour. This is based on 2787 salaries submitted on Glassdoor by Citadel employees in United States as of November 2025. Working side by side with investors and quantitative researchers, we use our technical skills to drive critical commercial outcomes. Jun 6, 2023 · A summer internship at Citadel offers perks that include a salary of up to $5,000 a week, free corporate housing in one of 10 different world financial centers like New York and an opening retreat Jul 6, 2025 · How to get jobs and internships at top hedge funds like Citadel and Point72 By Michelle Abrego , Bradley Saacks , Alex Morrell , Emmalyse Brownstein , and Reed Alexander As an intern, discovered the field of quantitative finance, applying math and computer science to real-world problems. Annual salaries typically range from $88,814 (or $43) for a Recruiting Coordinator to $651,033 (or $313) for a Managing Director. Citadel will pay its PhD quantitative researcher interns in the US up to $5,750 per week, or up to $24,000 a month, for its upcoming programme starting in June. The average annual Citadel Securities Salary for Software Engineering & Intern is estimated to be approximately $85,240 per year. An internship here is an unrivaled opportunity of learning, mentorship and impact. Semi-Systematic Traders leverage quantitative problem solving, market knowledge, game theory, and world class technology to generate profits through risk taking. The “Most Likely Range” reflects values Explore Citadel Intern salaries in the United States collected directly from employees and jobs on Indeed. Citadel is one of the world’s leading alternative investment managers. The estimated total pay range for a Intern at Citadel is £32K–£79K per year, which includes base salary and additional pay. The typical pay range is between $50,631 (25th percentile) and $90,875 (75th percentile) annually. Jul 11, 2025 · Want to land a Citadel internship in 2026? Citadel’s internship is one of the most prestigious and competitive in the world, with a 0. Joined full time, learned about markets and market microstructure to develop and deploy quantitative strategies. Jul 10, 2023 · The two firms pay their interns over $20k a month for the 11-week summer internship, which includes an initial week in a luxury hotel. In addition, you’ll get the opportunity to network and socialize with peers throughout the internship. Citadel made 28B gross last year, and returned investors 16B net of fees. Intern Salaries posted anonymously by Citadel employees. But they need some ‘exceptional’ skills to get in the door By Lulu Yilun Chen and Bloomberg August 28, 2023, 8:32 PM ET Add us on Ken As an intern, you’ll get to challenge the impossible in markets through an 11-week program that will allow you to collaborate and connect with senior team members. Browse our top 10 list of companies with compensation figures from interns who received job offers. The internship programs at both Citadel and Citadel Securities had a combined number of 85,000 intern applicants. How many of them convert their internships into an offer to return to the firms full-time? Mitro won't say. Dec 28, 2024 · Average salary for Citadel Intern in London: [salary]. Interns earn $19,000 monthly at finance giant Citadel. If you're ready to explore a career here, we're ready to hear from you. At Citadel Securities, a leading global market maker, our team of Traders collaborates with the brightest minds in financial markets, technology, engineering and the sciences to tackle challenges in the markets. Intern Salaries posted anonymously by Citadel Securities employees. Data The interviewer will also ask about your technical interests, past internship experience, school projects and your reasons for exploring opportunities at Citadel. Salary estimated from 358 past and present job postings on Indeed. Explore programs and events for students, recent graduates, PhDs and postdocs, like fellowships, skills competitions and more. E. A free inside look at Citadel intern salary trends based on 531 intern salaries wages for 182 jobs at Citadel. So, converted to normal American salary dollars, these folks are making $45,700 as an intern and $95,200 as a first year. Based on 53140 salaries posted anonymously by Citadel Intern employees in Chicago. Please note that all salary figures are approximations based upon third party submissions to Indeed. FYI, a salary tracker, Citadel interns located in New York City for the summer are earning up to an average of $120 per hour ($20,800 a month, $5,200 per week) in addition to Apr 10, 2025 · How much does a Intern make at Citadel? The estimated average salary for a Intern at Citadel is $67,373 per year or $32 per hour, but some professionals have reported earning up to roughly $117,802 per year (90th percentile). 08, which is 42% above the national average. The majority pay is between $78,760 to $92,062 per year. 52 per hour, which is 13% above the national average. Jul 10, 2024 · Average salaries for Citadel Internship: £19,904. Find a role that helps you follow your passions and apply your skills. How much does an Intern make at Citadel in the United States? Average Citadel Intern hourly pay in the United States is approximately $28. The main internship is, itself, a route to a full-time job at the firm, with members of the initial Launch program expected to join Citadel and Citadel Securities full-time in 2025. A free inside look at Citadel intern salary trends based on 953 intern salaries wages for 281 jobs at Citadel. In accordance with applicable law, the base salary range for this role is $4,300 to $5,800 per week. The average additional pay is $25K per year, which could include cash bonus, stock, commission, profit sharing or tips. How much does an Intern make at Citadel Securities in the United States? The estimated average pay for Intern at this company in the United States is $22. We would like to show you a description here but the site won’t allow us. Our immersive internship and graduate program combines a targeted curriculum with practical instruction from world-class investment professionals. Jun 6, 2021 · Average salary for Citadel Intern in Chicago: $149,737.