ValueWalk – London is one of the most expensive cities in the world to live in, but if you are employed in the financial industry and can hang on for a few years, you will certainly be able to afford the high rent and expensive entertainment.
According a recent survey from salary benchmarking firm Emolument.com, young professionals in the financial industry in London can expect to earn a very good compensation. Entry-level hedge fund analysts are grossing close to £75,000 (including bonus), whereas entry-level analysts at private equity firms are only taking home around £60,000 due to smaller bonuses.