Jane Street S&T Interview
Hello all,
I'm a sophomore in college and I have a sales and trading interview coming up for JS. I've done a quant interview before, but am yet to experience an S&T interview thus far, and I can't seem to find anything about the interview process for this specific role online. I was wondering if anyone could recommend how to prep for the technical questions they ask? I was thinking brainteasers and mental math, along with market related and market sizing questions, but not completely sure and hoping anyone could help. Thanks.
Hey there,
Based on the most helpful WSO content, here's what you can expect and how you can prepare for the Jane Street S&T interview:
Study Trading Terminology: Before the final round, Jane Street usually sends a sheet outlining the basics of trading terminology. It's crucial to understand these terms and how to use them in a real-time environment.
Prepare for Brain Teasers and Math Questions: Jane Street is known for asking brain teasers and math-related questions. A great resource for these types of questions is the book 'Heard on the Street'. While getting the right answer is good, the interviewer really wants to see your thought process and how you approach a brain teaser.
Research Interview Questions: You can find specific questions they ask on websites like Glassdoor. While you won't be able to memorize your way through the interview, it can give you a good idea of what to expect.
Expect the Unexpected: They do ask an unsolvable question (or rather, one that you need a PhD in probability to answer). The point of the questions is not to get it right, but to bet chips on how long you think it will take you to answer it.
Remember, the goal is not just to get the right answers, but to demonstrate how you think about a problem. Good luck with your interview!
Sources: Jane Street Final Round - What to Expect, https://www.wallstreetoasis.com/forum/asset-management/sales-trading-interview-guide-gekkos-guidance-part-2?customgpt=1
Lol everything about this answer is wrong. They need to remove this spambot.
Do you have any better info
it's not a quant interview. You won't be asked those hard market sizing questions or probability brainteasors that need rigorous thinking. just understanding of the etf market would be enough. But in case the HR kind of asks very easy brainteasor question so if you don't answer that correct ur just dinged.
And they will give you excel assignment regarding order mangement...I can't remember exactly since it was quite a while ago. But the instruction are quite clear so you'll be able to do them.
How come ETFs? Are interns only considered for the ETF s&t team? My resume is pretty options-centric so I was thinking perhaps It could be consideration for that.
Do you know if the S&T role is only the S? No T or what? And only ETFs?
Its such a small group, there is like no information about it anywhere.
I was talking about ETFs because ETF is the bread and butter of JSC and they initiated their institutional ETF business few years ago, as other props shops like Optiver/IMc/Flow/Citsec did. It was quite a while ago for me so not sure if they're also doing OPtions INstitutional sales business but their main business model and strength is ETFs, so that was what I interviewed about. However, you don't need to have great knowledge about the products, just understand how RFQ works and client order flows are executed,,etc. Really not technical. But you'll know what I mean by it after you get the excel assignment from them.
S&T -> there's no trading involved in it. Sales, and Sales-Traders only. So it's just 90% similar to equities Electronic Sales trading at BBs. Just try to understand how electronics business work...I believe there are some pdf in JSC websites that kind of introduces how JSC is competent...etc. Read through them.
Hello, could I pm you to ask some questions related to this
Take this with a grain of salt since I've never done an interview for a prop shop (have done ER and Equity Sales interviews though), but I would think having a stock pitch ready (either long or short) would be wise. Aim to be punchy and keep it under 90 seconds. I think I have tips on stock pitches somewhere in my comment history.
Edit: here's the comment link
https://www.wallstreetoasis.com/forum/equity-research/er-interview#comm…
Edit 2: oops didnt see this was an old thread
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