[kctess5]

I've had several big name tech internships, and I got an internship offer from a bank to do tech work. The bank offered around 2/3rd the comp with significantly worse benefits, which surprised me considering that a) they were in NYC b) they were a big name and c) they approached me, not the other way around. Not sure if they pay the trader type interns more...

[vostok]

It's pretty well known that top tech companies pay more than top banks. SWE interns at top tech companies will make more than trading interns at top banks and entry-level SWEs at top tech companies will make more than entry-level traders at top banks.

[_bykf]

.

[vostok]

Is your top trading firm a bank? If not, I am confused which part of my comment is "not true at all".

Also, $120k pro-rated is about right for what top tech companies are paying so it sounds like you just happened to not get those offers.

[_bykf]

Is there any way that I can privately chat with you? I will soon have to decide whether to get into HFT or traditional SWE work. I have a good idea of what a traditional SWE career path entails, but HFT is quite obfuscated (from my position).

[vostok]

Can you respond to this message with an email address or put one in your profile? Feel free to use a temporary email address, but I won't say anything controversial anyway as I'm not interested in losing my job.

[_bykf]

[redacted]

[_bykf]

You're right. I argued against something totally unrelated to what you said. The places I'm talking about are not banks.

[akhilcacharya]

Which one was that? IIRC Goldman pays the same or more for Tech than for others, but I'm not sure.

[vostok]

I believe most banks pay tech interns the same as trading interns. I've heard that Capital One pays tech interns the most out of the big banks, but I have no personal experience with that one.

[kctess5]

It was GS

[akhilcacharya]

For Junior interns salary is very competitive with even Big4. Total compensation lags because of no housing, though.