I tried to implement a back button for Bloomberg while I was there. I came up with a few hacky prototypes before giving up, and never showed it to anyone. The software just wasn't designed for this.
Could you give me a range of how much a dev can expect to earn at bloomberg? I'm curious because currently I'm a client (front office finance) but by next year I hope to get a tech degree and job. I'm just bracing myself for what kind of pay cut i'll need to take.
Yes, and in fact if you look at the job boards you can get a picture. I am going to speak from what I saw two years ago.
If you teach devs in their classes you can get a starting salary of around $150k. That's a tough team to get into, since it's one particular team. If you are a developer in general you get around $80-120K starting. I got $95K straight out of a master's program.
Like any other company, a lot of it has to do with their commission to the recruiter that they pay. If you can somehow apply without a recruiter and have them really like you, you can probably get a larger salary.
If you stay for years then over time you'll be making more, probably around $200-300K. Unless you're really instrumental to the company, then you'll be making $500k probably. Still not as much as a trader or quant getting multi million dollar bonuses to stick around. But definitely good. Their company is a meritocracy, and if you want to keep one thing in mind, it is this: the more good work you do and the more indispensable your work is, the more you will be able to ask for in a couple years. Making yourself really indispensable is the trick there, and it's very possible.
Actually my advice to you is this: if this is a whole year away, look around and see what companies you like and form connections with hiring managers WITHIN that company, rather than external recruiters. How? I don't know, get to know employees and then have them put in a good word. They get a commission actually for introducing you, but it's nowhere near what a recruiter would get.
