SIG QSD vs OpenAI Applied SWE New Grad - is ~$600k QSD TC actually real?
I’m trying to compare two potential full-time paths after internships:
SIG — Quantitative Strategy Developer (QSD)
OpenAI — Applied SWE
From what I understand, OpenAI’s entry-level Applied SWE return offer is around $250k TC.
For SIG QSD, I’ve seen people on Reddit claim that first-year new-grad TC can be around $600k, particularly for QSD return offers. That number surprised me because it’s substantially higher than the more general SIG SWE/quant developer compensation numbers online.
Can anyone who is familiar with recent SIG QSD offers confirm the approximate new-grad compensation range?
Specifically:
What is typical first-year QSD TC?
How much is base vs sign-on/guaranteed bonus vs discretionary bonus?
Is ~$600k actually realistic for a new-grad QSD return offer, or is that an outlier/inaccurate?
How does compensation progress after years 1–3?
How does QSD compare with SIG QT/QR compensation?
Career-wise, I’m also trying to decide between QSD and OpenAI Applied SWE. QSD seems interesting because it’s closer to trading strategies/signals and potentially provides a path toward QR/QT, while OpenAI obviously offers exposure to frontier AI and a strong SWE/RE trajectory.
If you had both offers, which would you take and why?
Mainly interested in hearing from people familiar with actual recent QSD offers, rather than general SIG SWE compensation data.