Jane Street S&T Summer Internship — Got Excel test after initial screen, good sign?

Hey everyone,

I recently applied for the Sales & Trading Summer Internship at Jane Street and just heard back — I passed the initial screening and received an Excel-based written exercise/test to complete.

I wanted to ask a few things:
• Is this a good sign, or does everyone who passes the resume screen get this Excel test?
• How tough is the next stage after this (interviews, technicals, etc.)?
• Does getting the test mean I’m fairly advanced in the process, or still pretty early on?
For context, I’ve only been in contact with HR so far via email.

Would love to hear from anyone who’s gone through the Jane Street process recently, especially for S&T roles.

Thanks a lot!

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14 Comments
 

Receiving an Excel-based test after the initial screening for Jane Street's Sales & Trading Summer Internship is generally a positive sign. Here's what you need to know:

  1. Is this a good sign?

    • Yes, it indicates that you’ve successfully passed the resume screening stage. However, it’s worth noting that this test is likely a standard part of the process for all candidates who make it past the initial screen. It’s a way for Jane Street to assess your technical skills and problem-solving abilities early on.
  2. How tough is the next stage?

    • The next stages can be quite challenging. Jane Street is known for its rigorous interview process, which often includes a mix of technical questions, brainteasers, and behavioral assessments. For S&T roles, you should be prepared for:
      • Advanced Excel exercises.
      • Market-related technical questions.
      • Problem-solving scenarios that test your quantitative and analytical skills.
      • Behavioral questions to assess cultural fit and communication skills.
  3. Does getting the test mean you’re advanced in the process?

    • Not necessarily. While it’s a good sign that you’ve progressed beyond the resume screen, the Excel test is still an early stage in the overall process. There are likely multiple rounds of interviews and assessments ahead, depending on how well you perform.

To maximize your chances, focus on: - Sharpening your Excel skills, especially functions and shortcuts relevant to trading and analysis. - Reviewing market concepts and staying updated on current events. - Practicing problem-solving and quantitative exercises.

Good luck with the process—Jane Street is highly competitive, but advancing to this stage is already a strong start!

Sources: Racism on Wall Street as a SA, Preparing for an IB internship, https://www.wallstreetoasis.com/forum/investment-banking/week-4-of-ibd-internship-initiation?customgpt=1, Internal Lateraling Guide, Week 1 of IBD Internship: Training

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I did the process last semester, after the Excel you'll have a call with HR where they ask you behaviorals and one or two "technical" questions. After that you have an interview with a salesperson/salestrader which is also mostly behavioral. After that is the superday, but I got dropped after that step. Good luck brother

 

The ones with HR were simple like angle between hour and minute hand at a given time. The one with the salesperson were barely technical, more like what's something that happened in the markets. I assume the superday has a lot of probability and maybe even some coding but I didn't get that far

 

also applied; I got excel test - first round interview(HR and a sales) - second round(sales team) + third round(sales team), does anyone know what spd is like for their sales&trading? thx 

 

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