NK Securities Research is a leading proprietary trading firm that leverages cutting-edge technology and sophisticated algorithms to trade the financial markets.
It is one of the firms that have started coming to IITs for hiring from the last couple of years and is known to provide a very good salary and perks.
In this post, we are going to look into the breakup of the salary / CTC that is provided by these firms to the freshers of IITs in their campus placements. It is one of the highest salaries that is provided by the HFTs in IITs this year.
Salary in NK Securities
The salary mentioned below is in accordance with the JAFs in IIT Bombay (or the Job Application Form) and JNF in IIT Delhi (Job Notification Form) for the year 2021. The freshers joining in 2022 will be getting this salary as well the salary will be hiked for the current employees accordingly and will be higher than the freshers (since they have greater job experience).
CTC / Salary in NK Securities is 1,68,00,000 INR or 1.68 Crores INR. This salary is for Quant Researcher/ Trader role. This is for employees working in their Gurugram Office.
The salary is broken up into multiple components.
- Base Salary – INR 54,00,000
- Sign On Bonus – INR 2,00,000
- Bonus First Year – INR 25,00,000 – INR 1,06,00,000
It’s a lot for a company that has its office in Gurugram. This proves again that the HFTs in India are showing huge upside potential and can compete easily with international offers in terms of the salary they provide.
Other Perks and Bonus
Apart from the salary, there is other perks/bonus that the employee gets. I will try to list most of them here.
- International team outing
- Catered Meals
- Medical Insurance
- Monthly after work parties
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