What is the average salary after Chicago Booth MFin for roles like investment banking, asset management, or quant research?

Question

Mansih K · Accepted Answer

The average salary after the Chicago Booth MFin is around $110,000&ndash;$120,000 base depending on the role, with bonuses often pushing total compensation higher. For investment banking, Booth MFin grads usually line up with MBA associate hires, so base salaries are near $125,000 plus $30,000&ndash;$60,000 in bonuses. Asset management roles tend to be a bit lower&mdash;base closer to $100,000&ndash;$110,000, but with performance bonuses that can add another 10&ndash;20%.
Quant research and trading roles have some of the strongest exits. Starting salaries there are often $120,000+ with large signing bonuses or profit-sharing, especially at firms like Citadel, Jump Trading, or Two Sigma. The big advantage Booth students have is the alumni network in Chicago&rsquo;s trading scene and Wall Street, which makes these opportunities accessible. Over 90% of Booth MFin graduates land jobs within three months of graduation, which shows employers value the program highly.

Shruti T · Answer

What stands out about Booth MFin salaries is how quickly they reach MBA-level packages even though it&rsquo;s a one-year program.
&bull; Investment banking associate roles: base salaries are about $125,000, with bonuses that often double first-year pay. &bull; Asset management: base runs between $100,000&ndash;$110,000, but strong funds add sizeable year-end performance bonuses. &bull; Quant research and trading: packages are some of the highest&mdash;base $120,000&ndash;$130,000 plus large signing bonuses and profit-sharing, which can push first-year comp over $150,000. &bull; Some students also head into risk or fintech data roles, where pay is slightly lower, closer to $95,000&ndash;$105,000, but with faster promotion cycles.
The key difference with Booth is employer reach&mdash;Chicago-based prop shops and hedge funds actively recruit, while the program&rsquo;s STEM OPT makes it easier for international students to stay in the U.S. for 3 years, which directly improves ROI.