Jane Street vs Optiver Internship (Summer 2023)
The title pretty much sums it up, what's the best of the two firms for a summer internship (with the goal of getting a full-time offer afterwards) ?
It seems that Jane Street has a better culture and a lower turnover, while Optiver seems to have better compensation in general. Does anyone have knowledge or advice ?
Not sure about intern return rates. But better overall is definitely Janestreet. Not sure if Optiver has better compensation ( I guess it is more transparent due to marbles), but I have a friend who joined JS recently and they beat Citadel and DE Shaw offers greatly.
Well both firms are done with summer internship recruiting a long time ago. Are you still deciding?
I don't think so, I got both offers this week.
.
I heard Optiver pays more whenit comes to senior level. You wouldnt have to worry about the comp first. Both are great opportunities though..
I think the JS return offer rate is usually ~60% and Optiver is ~70%. JS first year TC gaps Optiver by a good amount (600k vs 400k) but I think the biggest differences are the culture, with JS being more chill/friendly/nerdy and JS being in NYC vs. Optiver being in Chicago. Your location can have a big impact on your quality of life so that's something to consider.
When did JS go to 600k for first years? That doesn't seem right
Was definitely possible/likely in the stellar COVID years. Would guess this sort of comp is less likely as things quiet down.
Aut nihil consectetur aliquid est. Voluptate voluptas nesciunt vitae. Aliquam ex voluptatem odio dolores officia iusto. Tenetur vel cum omnis et optio. Dolorem odit dicta est omnis et reiciendis.
Recusandae nihil dolores dolor. Voluptates enim voluptatem dolor hic beatae libero.
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...