Semi-Systematic Trader vs QR Citadel vs CitSec

Hi,

I am not sure whether to apply to be a semi-systematic trader or to be a QR intern for summer 2024. I am specifically looking at Citadel and Citadel Securities. Could someone walk me through the day to day of a trader, and what type of person is the best for one or the other?

I am a first year bachelor's student on a three year degree. I am looking at the UK only.

Thanks

 

AFAIK, it's near impossible to get a CitSec QR internship after second year, even if you have perfect credentials. Most QR internships only take third-years/PhDs. My advice would be to apply for trading if you want a realistic shot.

 

Thanks for your comment. See the added info I added as I would appreciate your help. It is in the comment right after yours. Thanks again.

 

Thank you for your replies. I appreciate it.

I am asking because I have a fast track option and an official mock simulation from CitSec and Citadel , and I need to choose one or the other. I am bit confused by the QR because it seemed that all of them had Master's or PhD, but they seem to be recruiting bachelors now (they said they also consider bachelor students now). I need help narrowing it down between those two.

 
Most Helpful

Ex blanditiis laboriosam eos quia aspernatur. Et quo quidem vitae quis esse dolorem. Tenetur quia ab aliquid distinctio enim et.

Consectetur odit enim ea rerum consectetur aut ipsa. Animi voluptatem ut facere est vel ut debitis. Voluptate ipsum et est sit voluptatem et sint.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”