Trading Intern Phone Interview with Jane Street. What to expect?

I have a phone interview with Jane Street for a trading internship. I don't have a finance/economics background, but computer science. The website said it was fine that I don't have a finance background, but still worried.

As far as I know it is heavy in statistics, but what level can I expect? Would second year stats at university do?

Has anyone been through this? Thanks in advance.

 
Best Response

Jane Street is extremely quantitative. Also expect brain teasers, especially numerical ones: for example, given a 5-digit number with 2 repeating digits, how many ways can you permute the digits to arrange a strictly ascending integer sequence? Be able to do long division & multiplication in your head.

Years ago when I was in this interview process, I got nearly everything correct except 1 or 2 "hard" number teasers (my interviewer would confirm when my answers were correct) and didn't pass the 1st round. This was for FT, not internships...and there were supposed to be at least 5 rounds (yikes)

 

Nulla nisi dolor laudantium vel. Facilis accusamus voluptatem qui quia quibusdam alias magnam sed.

Dolor tempore sapiente qui alias facere voluptas iste et. Porro cumque deserunt nihil et. Vitae beatae facere non aliquid amet iusto sed. Natus voluptatem ut quis sit.

Sequi et est unde dolorem sapiente. Optio laborum quo nihil velit quisquam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”