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Tier 2Ranked #14 of 18 on The Quant List

Millennium quant salary and jobs

The largest multi-manager hedge fund on this list, with a new early-career Quant Analyst Program posted at $160,000–$250,000 base.

$160k–$250k
base salary
77/100
Index score
New York · Miami · Austin
Locations
Hiring
As of November 11, 2026

Quant roles at Millennium

Millennium is a multi-manager hedge fund founded in 1989, with principal offices in New York and London. Campus hiring runs through its 2027 internship program, which the firm says it uses to hire its analyst class, and its Quantitative Strategies team has launched an 18 to 24 month program for early-career quants.

Millennium’s careers sites showed 21 US quant listings on Nov 12, 2026: 17 on the main board, all in New York, and 4 summer 2027 internships.

Worth knowing: Millennium’s own listings describe a firm of more than 7,100 people and 370 investment teams, and its students page limits each candidate to two applications.

Millennium quant salary

$160k–$250k
Base salary
Not published
First-year total comp (bonus not posted)

Base: “The estimated base salary range for this position is $160,000 to $250,000” on Quantitative Analyst – Quant Analyst Program (New York, early career), read from Millennium’s careers site on Nov 12, 2026. Summer 2027 interns in New York are posted as an estimated annual compensation package, not a base: $183,500–$226,500 for quantitative researcher interns and $193,500–$220,000 for quantitative developer interns. Experienced quant researcher listings post $160,000–$250,000 and quant developer listings $100,000–$250,000. The Miami and Austin intern listings carry no figure.

Millennium pay by track

TrackRole titleNew-grad baseSummer 2027 internshipExperienced baseOpen now
Quant researcherQuantitative Researcher$160k–$250k$183.5k–$226.5k annualized (package)$160k–$250kYes
Quant developerQuantitative DeveloperNot posted$193.5k–$220k annualized (package)$100k–$250kYes

Posted base pay, except figures marked “package”, which are the firm’s estimated annual compensation package. Bonuses, sign-on payments and housing are extra to base pay.

See how Millennium compares in the full quant salary guide →

How Millennium scores

Compensation
7
Program maturity
7
Career capital
9
Momentum
8

Index score: 77/100. How we rank →

Millennium quant: common questions

Base: “The estimated base salary range for this position is $160,000 to $250,000” on Quantitative Analyst – Quant Analyst Program (New York, early career), read from Millennium’s careers site on Nov 12, 2026. Summer 2027 interns in New York are posted as an estimated annual compensation package, not a base: $183,500–$226,500 for quantitative researcher interns and $193,500–$220,000 for quantitative developer interns. Experienced quant researcher listings post $160,000–$250,000 and quant developer listings $100,000–$250,000. The Miami and Austin intern listings carry no figure. By track, the posted new-grad base is $160k–$250k for quant researchers and not posted for quant developers.
As of November 11, 2026: Open: summer 2027 quantitative researcher internships in New York, Miami and Austin, a quantitative developer internship in New York, the early-career Quant Analyst Program and experienced quant research and developer reqs in New York, as of Nov 12, 2026. No US trader listing is posted. Check the firm’s careers page for current listings.
Yes, summer 2027 internship listings were live on our last check. Research internships are for master’s students and developer internships for bachelor’s or master’s students graduating between December 2027 and July 2028, with a 3.5 GPA. The Quant Analyst Program takes graduates with an advanced bachelor’s, master’s or PhD. Summer 2027 internship listings were created between July 27 and August 10, 2026 and are reviewed on a rolling basis.
Millennium lists Quantitative Researcher (quant researcher) and Quantitative Developer (quant developer), and has no separate role for the other track. Its US quant listings are in New York, Miami and Austin. In office; the listings are tagged onsite.

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