What should one prepare to enter Renaissance Tech or D.E.Shaw?

RafaelPrince's picture
Rank: Chimp | banana points 2

Hi everyone.

I am a first-year student in a Top 20 Math PhD program in US without any internship experiences in finance industry. Besides maintain a good progress toward the PhD degree, I wonder what else I should do to increase the chance to enter a top-tier hedge fund (such as the two I mentioned in the title).

My own thoughts are:

To improve myself: I could take CFA, learn more about finance, algorithms, stochastic processes,etc.
To build my resume: I should have some internship experiences.

But I am not sure what I should do particularly and their priorities.

It would be greatly appreciated if you could answer my questions with specific suggestions.

Comments (4)

Apr 29, 2016

I recommend quantnet it will give you the information you want.

Apr 29, 2016

One does not simply choose RenTech. RenTech chooses you (100% serious).

No one should ever 'aim' to get into RenTech because that's just not how it works. Instead, I'd focus on places like DE Shaw, Two Sigma, Citadel, ect.

Forget the CFA - it is worthless for you.

quantnet.com
nuclearphynance.com

These forums will all be able to help you out.

Apr 29, 2016

RenTech is the hedge fund equivalent of illuminati so focus on other top options.
Have a look at the interview guides for a rough idea of the basic requirements.

Apr 29, 2016