Quant Bachelors Degree Jobs
I'm new to this but thought I would reach out regarding post-undergrad career moves. I am currently a senior math major at a target school in the Midwest. Last summer, I interned as a front-office quant within the investment division of a name-brand insurance company (projects in factor investing, quant research).
As I am beginning to apply to full-time positions for next year, I keep running into the requirement of advanced degrees/PhDs that many of the quant jobs have. I have done extensive research and am actively applying to the ones that do not have that requirement, but the chances feel slim to land a quant job with only an undergrad degree. Is this true? Am I just not looking in the right places? Would I have an easier time landing a quant trading job? Huge thank you to anyone who replies, would really appreciate it.
You can definitely get a quant trading position out of undergrad given that your math skills are top notch. I know that there are quant hedge funds that hire a little bit out of undergrad as well such as Citadel, aqr etc.
Some places to look into for quant trading:
Chicago Trading Company (CTC)
Jump Trading
Spot Trading
Citadel
Belvedere Trading
KCG
Akuna Capital
Wolverine Trading
DRW Trading
Optiver Trading
Peak6
SIG
IMC
Jane Street
I know for a fact that all of these places have taken undergrads, and all are prestigious quant trading firms, although some may only take one or two undergrads per year.
Thanks a lot Tryna Trade. Definitely thinking it would be a good idea to go the quant trading route, maybe looking into a quant research role after going to an MFE program. Very familiar with all of the prop shops/quant trading firms. Would also like to add a few to the list for others looking on:
D.E. Shaw (HF) Flow Traders 3Red Trading Old Mission Capital
Would also like to hear more feedback on landing a quant research role out of undergrad. Thanks again
Just a heads up, Virtu bought KCG
Also XR Trading
.
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