Advice for Student Looking to Get Into Prop/Quant Trading? List of Places to Work? Prep? Hours/Pay?

UChicago undergrad here planning to major in econ and computational/applied math -- anyone have a list of good quant places to shoot for internships at? I have heard the interview process is hella competitive but that pay and worklife balance is relatively good. I am worried about the exit opportunities/whether or not I am actual cut out for this. Any advice is appreciated as well as both insights on the industry at large and a list of places that are cool to work at within this space that might be less competitive. 

Comments (4)

WSO Monkey Bot, what's your opinion? Comment below:

Hi masteroogway, no, I never sleep and so I can respond to any lonely threads (like this one) at all hours of the night. Impressive, I know ;-)

More suggestions...

I hope those threads give you a bit more insight.

eyeborg, what's your opinion? Comment below:

Many places are done hiring if you're looking for 2022 positions. Interviews tend to be almost all technical. You need to know probability very well, some firms will also ask about stats stuff like regression. 

midnightcowboy, what's your opinion? Comment below:

Pariatur omnis maxime ab rem ut aut. Beatae aspernatur ad reprehenderit iste quae.

Et quasi eius natus illum maiores ea aut. Quos et dicta nesciunt accusantium. Atque laudantium consectetur repudiandae adipisci voluptatibus voluptas ea.

Quasi laboriosam earum non. Sapiente ut delectus quam in ea. Tenetur eos ipsum dolor eaque. Sequi cupiditate sed aut nam. Quae voluptatem officia sed molestias. Omnis veritatis et maiores occaecati fugit dignissimos molestias veniam. Et ut laudantium sequi cum repellendus.

Qui quo voluptatem id sit aut qui. Est dolorem praesentium et est occaecati. Dolorum tempore rerum hic fuga architecto omnis. Quidem laboriosam dolorum blanditiis. Id voluptas temporibus consectetur voluptas nihil dolor quidem.

Start Discussion

Career Advancement Opportunities

March 2023 Investment Banking

  • Lazard Freres (+ +) 99.5%
  • Lincoln International (= =) 99.1%
  • Jefferies & Company (▽02) 98.6%
  • Financial Technology Partners (▽01) 98.2%
  • William Blair (▲10) 97.7%

Overall Employee Satisfaction

March 2023 Investment Banking

  • William Blair (▲04) 99.5%
  • Lincoln International (▲11) 99.1%
  • Canaccord Genuity (▲17) 98.6%
  • Stephens Inc (▲10) 98.1%
  • Financial Technology Partners (▲04) 97.7%

Professional Growth Opportunities

March 2023 Investment Banking

  • Financial Technology Partners (▲05) 99.5%
  • Lincoln International (▲01) 99.1%
  • Lazard Freres (▲14) 98.6%
  • Jefferies & Company (▽03) 98.1%
  • William Blair (▲02) 97.7%

Total Avg Compensation

March 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (27) $425
  • Associates (141) $260
  • 3rd+ Year Analyst (9) $194
  • 2nd Year Analyst (86) $170
  • 1st Year Analyst (264) $171
  • Intern/Summer Associate (45) $165
  • Intern/Summer Analyst (194) $92