Akuna Capital Math Test? (And Interview Process)

I've applied for a junior trader position with this firm, and so they've sent me an email with directions to take an online mental math test.

Does anybody know what the Akuna test is like, specifically? Can't seem to find too much information about it online. All I know is that there is a 22 minute time limit, and I've got 2 weeks to take it.

Thanks in advance.


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Comments (91)

Best Response
Jan 28, 2015

'akuna matata bro ;)

    • 8
Jan 28, 2015

.

Jan 30, 2015

I'have taken it. First park is simple mental math with no fractions. The second part is sequences of letter and numbers. I breezed through the math test and decided I didn't need to prepare for sequences. God I was wrong.

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Jan 30, 2015

Thanks a lot. This is what I've heard as well, so I'm doing a lot of sequence prep right now on TraderTest. So you didn't find the mental math too terrible? It sounds so far like it's easier than the Optiver test, which I've taken (and didn't pass).

"When you stop striving for perfection, you might as well be dead."

Jan 31, 2015

Got the same email as well. Is it 80 in 8min?

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Jan 31, 2015

Got the same email as well. Is it 80 in 8min?

Jan 31, 2015

It's unlimited number of questions under 5 or so minutes, if memory serves me right (exact time is mentioned in the email). Math part was easy.
I have an Optiver test to do too. But I they did not mention the deadline for submission. I have an exam this week so I am wondering if they will wait one week. Their recruiters didn't reply to my email so far..

Mar 2, 2015

Hi Belonik. Did you had the Optiver test ? If yes please let me know about how difficult it is and some questions that you remember

Mar 2, 2015

Hi Belonik. Did you had the Optiver test ? If yes please let me know about how difficult it is and some questions that you remember

Mar 6, 2015

It is pretty difficult. Optiver is a great place so you have to be competitive. You can find the example questions in this thread above.

Mar 6, 2015

It is pretty difficult. Optiver is a great place so you have to be competitive. You can find the example questions in this thread above.

Feb 2, 2015

Akuna test is 7 minutes of math, 15 of sequence per the email I received.

@belon Make sure you know how to deal with non-simplified and mixed fractions for the Optiver test.

"When you stop striving for perfection, you might as well be dead."

Feb 4, 2015

The email which I received mentioned that the test was 22 minutes long. Anyone know what this test consists of?

Feb 4, 2015
Johnemoore:

The email which I received mentioned that the test was 22 minutes long. Anyone know what this test consists of?

Read the other replies to this thread

"When you stop striving for perfection, you might as well be dead."

Jan 6, 2017

7 Minutes of arithmetic, 15 of sequences ( mostly numerical but some alphabetical - no geometric pattern recognition like Tibra though)

Feb 6, 2015

How did you do pete?

I'm planning on taking it tommarrow

Feb 6, 2015

How did you do pete?

I'm planning on taking it tomorrow

Feb 7, 2015

Just took it, finally. Had to have the place empty and make sure I had enough prep.

Honestly, if you can do the "easy" level test fairly well on TraderTest and the Medium or Hard sequence test, you're set. It's literally almost exactly like that. There's occasionally harder problems, but you could ignore them and still do very well.

Math is almost all decimal, there's weird stuff like (48/75)/(12/75) but of course in that case you can just treat them as 48/12, which is 4 in this case. I got two of those. The rest were not bad...just make sure you can handle decimals.

The sequences were mostly the same as the TraderTest Hard level, as I said...but there were a couple that I had never seen before and were a struggle. I'd say, just do some searching on the internet and look for as many different kinds of sequences as you can.

Overall, not too bad...not sure how well I did, I answered 41 math questions I think, but probably missed one or two. Answered (I think) 20 sequences questions, probably missed a couple. Not sure if that's enough to pass, but we'll see.

"When you stop striving for perfection, you might as well be dead."

Feb 10, 2015

So, quick update, my scores were sufficient to move to the next level, and so next up is a personality assessment, also online. Should be interesting to see what that is. I'm guessing it's similar to most that you might take.

"When you stop striving for perfection, you might as well be dead."

    • 2
Feb 10, 2015

Way to go! I did as well!

Feb 10, 2015

Way to go! I did as well!

Feb 28, 2015

Hey Pete or Ice, any updates on how the next steps went and what they entailed?

Mar 1, 2015

That was probably the hardest sequences test I've ever taken. The pattern usually isn't obvious and many of them require a bit of math to get the answer.

Mar 8, 2015

I had done 49, got 49 on Optiver...didnt make the cutoff !!

Mar 8, 2015

Just to keep everyone updated on this thread, did not end up making the cut. Took the personality test, which I felt I did very well on, and there are actually some logic and sequencing questions at the end, which I nailed. I have a feeling I didn't get picked for the next round because of my school, major, or GPA..or some combo of those three.

The personality test is similar to one you might take for a Meyers-Briggs personality indicator...not really anything you can do to prep. It's not timed either. 185 questions in total if I remember. Doesn't really take you too long if you're not screwing around.

"When you stop striving for perfection, you might as well be dead."

    • 1
Mar 10, 2015

I did not make the cut either. :X Looking at the email list they had their choice of 50 candidates from top tier schools.

Jan 6, 2017

I recommend taking a meyers briggs online and seeing what personality you are, then tweak your answers to get INTJ or a similar set-up. Once you've gotten in the mindset of that personality, go take the akuna test. Most of the questions are really similar to 16personalities.com's test

    • 1
Mar 11, 2015

Yeah I saw that email too, definitely was a long list of ivy league students there. I'm sure that weighed into the decision heavily.

"When you stop striving for perfection, you might as well be dead."

Apr 12, 2015
PeteMullersKeyboard:

Yeah I saw that email too, definitely was a long list of ivy league students there. I'm sure that weighed into the decision heavily.

I wonder if Optiver does the same thing. That kind of sucks though. I would of think that they would pick you for initial round based on your school and so forth and if you tie with someone their school or GPA is the tie-breaker.

Apr 13, 2015

I would have thought so as well, I mean I don't know what else it could've been, and I honestly figured I did pretty well in all the tests up to that point. I've tried speaking with someone in HR there, strangely they sent me an email just the other day (many weeks after initially rejecting me) letting me know they had hired who they were going to hire for the position and decided not to choose me...no kidding, I knew that already.

She said the typical things about self-study and how they "look for the trader mindset, which is something you can't put on a resume, they just have to see it in you"...not much help if you *do* self study but still didn't get an interview. I don't know. It's hard to say, I'm fairly certain it came down to the school/major/GPA thing. Can't be too mad about it, that's how the world works. It sucks, but there's not much you can do about it at this point in time.

"When you stop striving for perfection, you might as well be dead."

Oct 19, 2016

Trust me they do not, I recently got in and they only asked for my GPA after they offered me the job ;). Just have to be quick on your feet, that's all.

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Apr 13, 2015

I am on the same part as you. I will be doing the webcam interview today, hopefully I pass that part, as I want to see what kind of technical, and behavioral questions are asked on the phone interview and the final interviews, if I even manage to make it there. Probably won't since I am not from a target school.

Jan 6, 2017

Any info on the structure of the WebCam interview?

Apr 21, 2017

How did you go? Could you please let me the struture or anything I should start prepping for? Would be much appreciated

Oct 11, 2016

To bring this topic up to date, I think there is a fair possibility that the math test has changed a bit. I had to do a lot of dividing four digit numbers with two digits, e.g. 3264/48. Sequence test was pretty much the same as elite trader hard test as mentioned by others.

Does anyone have a clue what will be asked in the webcam/phone interviews? Mostly fit or heavy on brain teasers and technicals?

Array

Oct 12, 2016

from my vague memory...probably something like the following:

  1. what does it take to be a good trader?
  2. (cant remember..something related to how you perform under pressure perhaps?)
  3. list of math problems to solve (more complicated math...maybe like 1/2 * 5/2 + 7/3)
  4. easier math problems (on the screen, you just read out your answer basically)
  5. 1 probability question (maybe like whats a better bet, heads $5, tails -2$, or rolling a die and you get x.5 the value of the die. Now what would you need the pay out of them to be if they were to be equal in expected value)
    • 6
Oct 13, 2016

.

Oct 14, 2016

Webcam:
Mental math - 2 digit multiplication, etc.
Behavioral - I think it was talk about some extracurricular or something.
One easy expected value coin problem.

Next round phone interview:
Mental math
Combinatorics question
Expected value question
Square root of a large number
Options basics

    • 1
Oct 18, 2016

For webcam, is there time limit for each question?

Jan 6, 2017

I know Akuna is mostly in the options market-making business, but given that this is for an entry-level position/internship, how much do they expect you to know about option-pricing theory?

Oct 17, 2016

y'all are lucky you have the skills/smarts to pass these tests

alpha currency trader wanna-be

    • 1
Oct 18, 2016

my scores for 1st interview for those who wants a benchmark.
got 80 math questions. didnt' skip any. (7 mins)
sequence: i thought it was to see who gets the most, skipped a lot, basically only did the ones where i can find a pattern in the difference between x and x+1. apparently there is a 30 question limit, i reached that with 5 mins to spare. probably got sub 10 correct. won't be surprised if it's closer to 5.

Didn't think i made it past that , but doing video interview today!

    • 1
Nov 3, 2016

Does anyone know what personality types they're looking for in the personality test? I want to be honest, but these tests can be so subjective and you don't really know what they're looking for.

Nov 3, 2016

be honest.
I think most trading firms are looking for analytical people, smart, competitive, decisive in decisions, and not afraid to take advantage of others misinformation/mispricing of securities.

    • 1
Nov 5, 2016

For personality, I would typically say that traders need to be 'TJ's, and most typically INTJ.

This is actually my first post, but check out a site called '16personalities' (google it) - it's a useful and very accurate test that'll give you some pretty precise recommendations about your strengths and weaknesses.

Prop-Trading recruitment can be a disappointing to a lot of high achieving students as a lot of the time the decision between a hire or not is personality - and personality isn't something you can really fake out. If you're disappointed that you don't fit a certain personality type and don't make it into any good firms I would be of the view that further down the track when you're in some other career you might actually be greatful for not getting into certain gigs.

I would say mental sharpness is something that you can definitely prepare for, but prep will be much easier if you've done things before that are conducive to it, i.e. speed chess, poker, complex video games, competitive sport etc. Though tradertest is good, if you have a lot of time try and play 'Zetamac' a few times every day. I would say an appropriate score is somewhere between the 40-50 range, anything above that is a bonus and likely won't yield you much marginal benefit in day to day trading.

Nov 5, 2016

Thanks for the zetamac link. I did a test at Optiver once and it was slightly more difficult than this one though. Scored a 22 on my first try, so still a lot to practice :-)

Nov 11, 2016

Yeah I did Optiver and did very well on it, but I think zetamac builds on the same higher level fundamentals - which are ultimately what are required on the job.

Jan 17, 2018

Sorry to bring this back - but for the 40-50 range for Zetamac are you talking about the default settings?

Dec 26, 2016

just took a math/sequence test from Akuna today.
it was 7 mins for math and 15 mins for sequence tests allotted.
was reading the above comments. was surprised to see some people solve 40 to 80 math questions in 7 minutes. super awesome!! that is like solving 5 to 11 in a minute. Terrific.
as per my potential my plan was to solve 3 questions in a minute if easy and 2 questions if they are hard.
i managed between 20 to 30 questions in 7 minutes, dedicating 2-3 questions to solve in a minute. My bad. i got to improve.
Regarding sequence I managed 10 problems in 15 minutes.
I won't make it through probably. Too Slow :-(

Jan 6, 2017

I only got through about 30 of the arithmetic questions (and 30 of the sequences) so assumed I did not pass, yet I was still moved on to the personality questionnaire, and then the hirevue interview, which will be available next week. Not sure how they calculate the math scores in terms of moving people onwards - there might be a higher weight on sequences since trading is a lot of pattern recognition.

Jan 18, 2017

Did you take the hirevue interview? I heard it is only 5-10 minutes. What questions were asked? just Behavioral?

Aug 22, 2018

Did you end up passing?

Feb 17, 2017

I interviewed there a year or so back for a trading job. I got dinged after phone interview. I did not finish a few of the questions on Hireview and still moved on. If you pass the phone interview they will fly you out to Chicago on the weekend and give you an answer while you are still there.

Feb 19, 2017

Has anyone made it to the final round yet and could share their experience?

Mar 16, 2017

Did you ever find out anything about the final round?

Mar 29, 2017

I did, message me for details

    • 4
Mar 29, 2017

,

Apr 3, 2017

I haven't made it to the final round yet, but I do have a phone interview scheduled. If anyone else has already taken the phone interview and wants to talk about that a little, it would be super helpful to me. Currently I am focusing on studying probability games, option theory and Fermi problems, though I'm not at all sure that these are the best things to focus on.

    • 1
Apr 3, 2017

lol you're not expected to know anything about option theory for any stage of their process. so don't waste your time on that.

source: went through entire interview process

    • 1
May 1, 2017

Hey @StockIQ I PMed you with a question in case you see this
Thanks in advance for helping me out!

Jan 13, 2018

Hello,
does anyone know if the math test (First round ) is on webcam or not ? or its just a online test without control ?
thanks inadvance

Jan 14, 2018

First round does not require webcam. Practice sequences.

Jan 14, 2018

Thanks ! i dt understand what is the goal of the mental calculation if they cant check if you are using pen and papers ? thats weird ...

Jul 19, 2018

Just putting in my 2c for the akuna math section. I'm fairly good at mental math, sequences not so much. I used zetamac on the default settings for the 5min and 10 min intervals, taking each 3 times. On the 5 minute I got 38, 48, and 44. On the 10 min I got 89, 108, and 97.

I don't think that in any way prepped me for the Akuna math test. First, the intervals for the akuna math test are more triple x double digit calculations. Secondly, the test comprises of fractions and decimals which definitely hamper your time. I've never used TraderTest, but it's long-gone and the site is disabled so we need something better than zetamac to help with prepping for these trading tests.

Jul 19, 2018

Gonna have to break it to you, but I highly doubt you are good at mental math if you are only scoring ~45 for 5 minutes and ~100 on the 10 minute test. Next time try to aim for 50-60+ in the 2 minute section.

Jul 20, 2018

it takes 2 seconds to type and read the next question.. no way they're looking for 175-210 (25-30/min). that's a savant.

Dec 4, 2018

Just did my first Zeta test and got 40 in the 2 minute section on default. I totally agree with u now.

Aug 24, 2018

Where can I find good sequence questions?

Aug 14, 2018

Does anyone have a good idea what results Akuna is looking for with the math test? For those that passed, what was your score? For those that didn't pass, what was your score?

Aug 29, 2018

Bump - I'd like to know what a good score for something like this is also.

Aug 14, 2018

and how will they know if a calculator is used

Aug 29, 2018

@Jabo123 They won't but will figure it out after technical interviews, so you might as well not waste your and their time.

I took the test, thought I failed, because I did not prepare for 3x3 digits, but still passed. I still think zetamac was fairly helpful - not all firms have as difficult a mental math as Akuna.

Sep 1, 2018

How many sequences did you complete?
Or do you know what the general requirement is to pass the first round for sequences?

Sep 25, 2018

I finished 55+ mental maths and 15 sequences. thought was correct on 50+ and 10+. will update if new information comes in or make it to further rounds.

Oct 29, 2018

Does anyone know if you automatically move on to the personality test after the math test or if they cut people after the math test? Cause online it says the first round is assessments (as in both math and personality) and then the Hirevue interview.

I moved on to the personality test, but I'm just wondering if my math score is something I'd still have to worry about or whether I passed and that's why I moved on?

Dec 6, 2018

I'd use a simple random number generator, and just practice multiplication, division, etc. as quickly as possible. This is the best way to prepare.

Dec 11, 2018

You may want to check out Quant Trading Quiz. There are a bunch of math questions and brainteasers to get you prepared for interviews, such as the interviews at Jane Street, Akuna, etc. Best of luck!

Jan 28, 2019

What school does everyone go to who got the internship?

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