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Salary / Pay Structure (CTC) in Mathysis

September 10, 2021September 10, 2021 by livingtheiitdream@gmail.com

Mathysis is a comparatively new HFT firm in India. It doesn’t come for placements or internships in the top IITs but has started growing in number and has been doing lateral hiring for top candidates.

The salary it provides to its employees is a bit low when compared to the top HFT firms in India, but it’s growing fast and hence provides a good opportunity to build the firm together.

I am an IITian who has completed his BTech in computer science and engineering from IIT Bombay. Hence I would like to share the information that would help many aspirants who are looking forward to joining HFT after their college or are switching from software firms.

Apart from the salary, I will also be adding various perks that these companies provide to their employees. These are based on the data that is available from the placement seasons of 2020 and 2021. At last, I have compared salary with other top HFT firms in India.

Salary of a Quant Trader in Mathysis

The overall CTC for a Mathysis is 32 lakhs. This is broken up into three components.

  • Base – 24 Lakhs
  • Bonus – 6 Lakhs
  • Joining Bonus – 2 Lakhs

Salary of an Intern in Mathysis

The salary for an internship in Mathysis in the top IITs is 1 lakhs/month which matches the salary provided by the best HFT firms in India.

Other Perks

Other perks include free food in the office, food coupons, reimbursement for travelling expenses.

Location

They are located in Gurgaon in India.

Number of Employees

The number of employees in Mathysis is around 70. It is a fast-growing firm and is expected to grow to 100 employees in the next couple of years.

Comparison with other HFT Firms

Mathysis has a good overall salary structure but the amount is on the lower end if we compare it to the other top HFT firms in India. I have written separate posts describing the salaries of other top HFT firms. To know about the salary of other HFT firms, click on their name.

  • Tower Research Capital
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