Looking for Advice: Undergrad who took to long to figure things out

I am a current junior who is slated to work in IB this summer at a solid firm, but I've come to the realization that this isn't what I'd like to do come time to leave college.

For some background, I'm an undergrad math major at what would be considered a semi-target for IB recruiting. I've focused mostly in pure math (algebra), but had my interest drift more to quant finance after I took a really cool class on systemic investing, and had a less than fun class in grad algebra. After that, I started taking some finance and econ classes and found it a lot more interesting.

I THINK I would like to work at some form of a quant fund post grad. I don't think I have the systems knowledge for a market maker/HFT, but I do think I would enjoy mid/low frequency alpha research. Unfortunately, while my school has sent tons of kids to almost all IB shops, there has not been a single undergrad (that I could find) to go directly into quant research at my school.

Additionally, while my CS and statistics knowledge is ok, I'd love to get it into a much better place.

Does anyone have any advice on: 1. Good books/tools to build a knowledge base around predictive models for mid/low frequency investing? 2. Quant specific networking tips to try and land interviews at these shops?

A few shops that really caught my eye are AQR (love the academic focus, not so much the returns), Acadian, DE Shaw, Jane Street, 2sigma, Tower, Old Mission, and Jump. (HRT seems like they have a super cool culture, but I don't think I have the systems background to make it there)

Any insights would be appreciated

7 Comments
 

Undercover meme, pure crickets, that's where I come in. Any of these useful?

  • Do I really have to have it all figured out already? want to do. It's a long post, but I hope some other undergrads who are lurking around reading this ... I'm hoping to get a bit of advice from people who have been in the industry for a while now ... and feel like they have their careers figured out or at the very least have a good idea of what they ...
  • UG PE Analyst- 2.9 GPA, no internship, non-target to the list of hurdles I've faces for the last 3 years. I would like to throw my story out there ... after the exam to recharge from a senior year from hell (IBD hours every week), and started looking for ... I stopped working for this firm around November/December 2014, which looks rather bad on a resume to work ...
  • Bootstrapped Entrepreneur Netting 7 Figures @ 25- AMA a fund makes no sense because the math doesn't work out in terms of returns for myself. to Saturday, ... to maximize value for the community. Happy to verify if a mod PMs but my post should be pretty ... telling. Preface for what it's like starting out. Keep in mind this is for true entrepreneurship and ...
  • Have you ever been called out on non-PC things you have said in the office? on the guy, but was looking out for him as this company was super lame about passing these learning ... that's obvious, for about a month. Eventually, I found out it was the custom that I had to say "I ... I'm pretty PC in most situations, by context. You know who to tread lightly around, in terms ...
  • Could a person who graduated from a non target UG with sub 3 GPA in Biology ever break into Wall Street? a B.S. in Biology. It took me 5.5 years to graduate due to several personal issues I had mostly to do ... with my maturity. Also, during this time I got a DUI so there's that. Eventually, I figured it out ... I am a 23 year old who just graduated from a complete no name state school with a ~2.97 GPA with ...
  • UG Recruiting Part III: The Super Day and Offer hands, but find his English to be perfect otherwise... turns out he's lived in the US for 10+ years. ... 2 hours carved out of my calendar on an already very busy for superday interviews. Three 30 minute ... questions in 10-15 minutes because I was so unengaged... I look at my BB and still 15 minutes to go.... ...
  • Figuring Things Out vs PE Timeline? recruiting and I'm a bit confused as to how the process works for those who aren't necessarily set ... Hi WSO I'm a recent grad heading to join a MM and I'm really looking forward to ... experiencing investment banking. Most of my friends who are also heading to IB are already talking about PE ...
  • More suggestions...

Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Lmao exactly - have much to say about this but it still stuns me how people see any distinction between a SWE/Dev and a revenue quant.

"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom
 

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"one for the money two for the better green 3 4-methylenedioxymethamphetamine" - M.F. Doom

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