Interested in trading... need some guidance.
I'm a college student who just finished my freshman year, majoring in CompSci and Math at a non-target. I've had my eyes on algorithmic trading and quant stuff for some time. This summer I'm interning at a start-up (data analysis/ analytics work).
I've looked through my school's alumni network, and haven't found much luck in finding alumni in finance. I've thought of transferring to a target (some Ivies- Penn, Cornell, Brown), or some semi-targets (UVa, Michigan, CMU, Rice), etc. I'm doing well academically- 3.9/4.0, and have some good ECs, so transferring shouldn't too bad.
- What do banks/hedge funds/prop shops look for when hiring traders? I'm interested in places such as Jane Street, Tower Research, RenTech, AQR, Two Sigma, D.E. Shaw, etc.
- What's the outlook for trading, say for the next 5, 10, 20 years? Is this a career worth pursuing? How have the post financial crash legal regulations affected the industry? Is this a sustainable career?
Fast Math skills and programming(C++ for the better shops) skills, additionally some statistics and modelling skills. But look a little bit more on WSO a lot has been written on this topic.
I've been brushing up on my mental arithmetic, and have experience in Matlab, R, C, C++, Python ,and Java. How does recruiting work out of non-targets?
Don't know I am not from the US. I do know some prop shops are mainly focused on skills instead of background/grades.
Incorrect. Most of the notable prop trading places recruit almost exclusively from a hand full of schools, specifically mit, u chicago, caltech and similar science focused schools.
Agreed. It's the same in Europe.
Qui iure consectetur recusandae nam laboriosam iste. Nostrum omnis consequuntur error id in. Error blanditiis voluptatem ex natus nulla et. Suscipit ullam quo nostrum doloribus nostrum.
Deserunt dolores quia nobis cum. Voluptatem dolore nemo nihil ipsam. Perspiciatis voluptas consequatur provident tenetur. Aut sit ipsam minima dignissimos incidunt recusandae ipsa. Cumque commodi quia velit qui suscipit sunt. Recusandae doloremque nihil non distinctio qui sunt voluptate. Ipsa aut neque consequatur dolorem explicabo magnam.
Nam a laboriosam beatae sint ut consequuntur quo. Doloribus quisquam qui qui ea sint provident doloremque eligendi. Eum dolorem quo dolores natus rem rem. Iure voluptatem magnam rerum et dicta qui facilis.
Veniam necessitatibus dolorem sit voluptatem sint. Voluptas expedita inventore quas expedita doloremque. Voluptatum id provident iste. Quos deleniti totam et. Eum porro autem sit velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...