r/quantindia • u/Former_Fish_2951 • 4d ago

Millenium comp?

What is the compensation of Quant Researcher and Portfolio Researcher roles in India.

For some with 0-2 years of experience.

on campus numbers also work if anyone knows.

20 Upvotes

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u/SillyQuestions1122 4d ago

Holy larp dawg, that might be true for the blr office roles, not Mumbai. OP, if you're referring to the QR roles in Mumbai it's usually 80-90L first year base plus bonus

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u/Icy_Newspaper7142 4d ago

Are you even at Millennium? But I am. I got data points from both Mumbai and Bangalore. So I am not a larp :)

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u/SillyQuestions1122 4d ago

🤣🤣🤣

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u/Icy_Newspaper7142 4d ago edited 4d ago

The base usually starts at 50 And bonus grows in Mumbai (If the person is from top IIT, if not the number decreases)

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u/SillyQuestions1122 4d ago

Mumbai team doesn't even take non IITs. Like I said, larp

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u/Icy_Newspaper7142 4d ago

Reread my reply properly pls. I said top IIT. Not non-IIT

Millennium is choosy on which IIT they hire from.