Showing results:

Hi all, I’ve recently been admitted to the 18-month Master of Finance program at MIT, and I’m reaching out to ask for some advice as I plan my first semester. I studied Economics and Finance at Bocconi University, where I completed courses like Math 1, Math 2, and Financial Econometrics, which...

I'm currently a rising sophomore at Duke majoring in CS and math. For the past several years, I have been pretty heavily involved in coding at startups. Especially this last semester, I prioritized work over school, and my GPA is currently a 3.6. I did get A-'s in my most relevant classes, Computer...

Background I'm in my final semester for a financial economics degree at a target school. Honestly, my GPA is atrocious with the degree deferred by a few semesters with virtually no relevant work experience. To be completely transparent, for most of my degree I hated it and was completely lost on...

Deciding between these two for my 2026 internship. Quant Trading/Market Making obviously has a higher starting salary, but the skillset seems hyper-specific and not transferable. On the other hand, these physical commodities trading roles seem to have larger payscale later down the road, and I would...

Hi everyone, I'm a PhD student in a quantitative field and have been fortunate enough to receive several offers. One is for a quantitative research role at a mid-sized multi-strategy hedge funds (think MW, Verition, AQR), and the other is for data science positions at top tech companies (think...

This question has probably been asked a ton but I'm struggling to find specific answers to my question. I recently got an offer for Financial Math and Stats at LSE, and have the goal of becoming a quant trader (less so researchers and no interest in dev). Most job postings I see ask for (Applied)...

Hi WSO, I am a final year PhD student of nanotechnology at University of Cambridge. I did my undergrad in Electrical Engineering from Hong Kong. My PhD is very heavily focused on fabrication of semiconductor nanoelectronics devices in cleanrooms (labs), but also requires some modelling/data analysis...

Currently work at an oil major as a software engineer. Getting recruiters to poach me for trading desk developer positions which are pseudo quant since I'll be working on building pricing models for derivatives based of crude/gas/power. But given commodities is highly fundamental. driven purely...

Ive received most of my decisions and am wondering what the wisest choice would be for undergrad admissions, Ideally looking to go into Investment Banking (S&T) or Quant Trading. I wouldnt mind big4 consulting at all, though. Right now my choices are narrowed down to Penn State Smeal, VT Pamplin, U...

Hello all, am new to WSO. Just joined to get some help with my quant trading recruiting. I know I am super early (ignore my profession in account) since I just joined college this fall, but I wanted to start prepping for these interviews. Some of my classmates are already super cracked and I am...

I'm a macro trader with 4-5Y experience at a BB bank, looking to pivot into Quant Trading. For various reasons I have decided to do a Masters next year and apply for grad full-time roles. Currently debating between Cambridge Part III Stats and Imperial MathFin - the main objective is to get through...

I got lucky enough to have offers both at a top quant HF for prop trading (one of D.E. Shaw, Point 72, Citadel), and at a top tech firm in the Bay for SWE. (One of NVIDIA, Meta, Apple). I already interned at the tech firm this summer, (this is a returning offer). Was wondering if I should give...

I feel like every year some post like this pops up. Guess it's my turn now. Background: Ugrad from top state school in math, doing PhD at low/mid state school. Coursework involves measure theoretic probability, (real)analysis, diff/alg geo, diff/alg top, horological algebra, ring theory, ML, already...

Deleted Deleted Deleted Deleted Deleted Deleted Deleted Deleted Deleted Deleted Deleted Deleted Deleted

Hi guys, I'm in a bit of a difficult situation and I hope someone here can give some word of advice. I graduated from a good uni last summer and am from London and hold an offer for a Quant Trader job in Amsterdam. The place is ok, good enough to learn and start a career, but not my dream company....

Hi, I will be joining a top trading firm for a graduate QR role next summer and was wondering what kind of books/topics are most effective to look into as preparation. Note I have a CS background and it is not decided yet which desk I will be joining (however, the firm is not one of the very...

Hello all, I’m a freshman in college currently pursuing a BBA in a top public program and planning to dual degree with computer science on a data-analytics heavy track. As I understand, the expectations are quite different for different “quant” roles, and I’m a little confused on what is...

Would be interested in the GMV of the equity book of top quant funds (and the risk corresponding to that size- I would assume most funds are running ~1-1.5% annual risk on GMV) and also the 2023 performance if possible. I am specifically interested in the following funds: 1. Citadel GQS 2. PDT...

If the client/customer is paying the company (your employer/NOT YOU) say $200/hour to work with you (the employee): 1. How much profit is your company (your employer) making off of your labor? Per hour/Per day/Per year? 2. Does your company charge more money per hour to the clients depending on the...

I have had final rounds for quant trading in the past, but never been successful. I have just received SIG final round for quant trading, does anyone have any tips on how to prepare and what their process is like?

I have offers from both Jump and SIG and am wondering how these 2 firms compare. Does anyone have any thoughts on one versus the other? E.g. some thoughts on career & comp progression/growth, working environment/culture, etc. Any input would be highly appreciated. Note I am based in Europe and am...

Hello all, I am currently a junior majoring in quantitative economics with a 4.0 -- basically economics with some advanced stats, graduate level econ, and advanced math. Two years ago, I transferred from a target school to my state's flagship (a non-target) due to personal family reasons that have...

I am facing a decision between Jane street (Hong Kong)'s summer intern 2024 vs Optiver (Shanghai) summer intern (2024) + conditionnal full time (as long as I go there I will be guaranteed a full time return offer). JS HK office has previously 50% return offer rate, while I am guaranteed a full time...

Some background, I am a data science student at a T-7 CS school and one that is well regarded for Math and Statistics, although the school as a whole would be considered a non-target for most high-level positions. I want to break into Quant Trading and I know for a fact that my school has great...

I'm curious about the path to work as an institutional trader trading on behalf of the big banks, funds, prop funds, etc. Could you use an MBA to pivot into this career field? Are there traders on the institutional side that aren't quantitative? I've seen job postings for traders but a lot of those...

Hello I am a former prop trader and now Investment Analyst in a Asset Manager in London. My aim is to co-fund my firm with the help of the right partner. My strategy is applicable to both daytrading and swing trading, mostly stocks and futures. I am looking for a Quant to join me in the vision and...

Hey everyone, I recently graduated (this year) with a masters degree in renewable energy systems engineering (mix of electrical and mechanical) from a RG university and I landed a job in an insurance company in what is essentially a data analyst / scientist position. However, I would like to pivot...

Rising junior here, Currently at a BB interning as a quant. I like my team and work, likely will get a FT offer; however, my goal is QT work at a HF/prop trading (similar work, more $$ in my mind). I have the option to stay in school an extra semester or two, and recruit for QT internships for 2024....

The short answer is yes. Background, there are plenty of jobs in the Quant Trading Realm. This is because banks, MM, and prop shops plan to give about anyone or every one the chance to interview in hopes of finding the .001%. While Quant Trading is in the Finance Realm, they are against hiring those...

Anyone done this yet or know anything about it? Wondering if it's gonna be technical or how it'll compare to other hirevues given that UBS goes from this straight to a super. Also, is it worth networking at this point, having already gotten the Sonru? Would it help at all?

Which role is better for a summer internship: Morgan Stanley Institution Equity, Derivatives Trading & Structuring Goldman Sachs Asset Management, Quantitative Investing Strategies I am looking for a more quant focused role and ultimately hope to end up working at a quantitative position at a hedge...

Hi all, I'm writing this post because I just had my annual review and promoted to Senior Actuarial Analyst and currently trying to weigh my options. My TC went from 80k to around 100k and I have 2 YOE. For those who know the actuarial space, I am 1 exam away from ASA and pretty confident I can get...

Hi All, An introduction: I am a Junior at Ivy League School studying Operations Research/Quant Finance/CS. I was extended an offer by top BB bank [GS, JP Morgan, Morgan Stanley] for consumer credit risk - not in corporate or market funct. unfortunately. The role seems challenging and a majority of...

Hi. I want to apply for master of financial engineering. Ideally I want to be a quant trader at prop shop/ hft. I do not really know what school I should target. I am planning to apply for MFE as fresh out of bachelor grad. Here's my background : - going to state school, well known but very average...

I am a Math major and had data science internship experience. I feel my academic strengths, interests and personality point toward quantitative analysis and quant trading as a career. I have taken Finance courses, so I can prepare and apply for IB internship too. Would a quant internship or IB...

I'm a first year attending Imperial College London and studying Joint Mathematics & Computing (integrated 4 year master's degree). I am considering switching to physics because I believe I will enjoy it more I will probably get better grades - I'm struggling with pure maths and do not have the...

Been looking at quant firms, and I was curious about IMC (for a QT/QR role). How does it stack up to the rest of the quant trading companies in terms of: 1) prestige and recognizability (and by that, I mean how well-regarded its traders are in the industry, not whether some layperson would know what...

Hi, I was wondering if anyone knew the amount of infrastructure/support that is typically available for quant/systematic PM/pods in MM platforms (millennium, citadel, cubist etc). I’ve heard its quite bare bones - as in “you just get computers and are expected to build up from there”. I would...

Hi, I'm a rising sophomore at a target studying math who's currently interning at a quant hedge fund. A few days ago I was offered a return offer which included working during the school year and then receiving a FT offer once I graduated. (This was strictly meritocratic. I had no connection to this...

Does anyone have information about the performance of Aquatic Capital (aquatic . com)? Anyone been through the interview process? Finding it hard to get info from the usual sources.

Hey everyone, I've ended up with some unexpected free time and am looking for off-cycle trading internships from October to April. There don't seem to be many resources out there with lists of off-cycle internships, particularly in quant, so has anyone got any suggestions? Thanks!

I've committed to Cornell CAS and I was looking to get some advice as to what I should major in. I plan on majoring in math, and due to the structure of the major and its requirements, it's relatively easy and common to double major. The second majors I'm most interested in are CS and econ. I'm...

Deciding between two junior year internship offers. The trading firm is very unknown, but I'm told first year TC will probably be around 150K - 175K. SWE is Amazon. Points I'm considering: Compensation is a lot more variable at the trading firm, and I've heard career path is hard to manage if I do...

From what I can gather, trading firms in London and Amsterdam like Jane Street, Optiver, Flow Traders, ... offer graduates a total compensation that comfortably clears six figures. Does anybody have insight into how the pay in Dublin shops (Virtu and SIG) compares (maybe broken down into base, bonus...

Hello, Brand new account but have been a lurker at WSO for a while. I am currently a high school senior and am quite interested in going into quant trading or related area. Any insight or wisdom into the following questions would be much appreciated: 1. Best Major/minor combinations for an aspiring...

I am looking for a person to train with for quantitative trading interviews. I think that It would be funny and profitable preparing interviews with someone, by zoom/call! If any of you are interested, please reply below Let me know, Thanks

For some background, I’m 23, graduated with a BEng Mechanical Engineering in May (GPA 3.38/4.2, (2.1)). And am due to begin a one-year MSc in Financial Economics at the beginning of February. My goal is to start my first “big boy,” job as a quant in January 2023 (hopefully finding a job before...

Hope everyone is having an enjoyable holiday. I've been using this site for a while now and this is my first post - I don't want this to come across in a tone of arrogance. I am a final year undergraduate reading for a mathematics degree at a UK target (i.e. Oxbridge) and really want to pursue a...

UChicago undergrad here planning to major in econ and computational/applied math -- anyone have a list of good quant places to shoot for internships at? I have heard the interview process is hella competitive but that pay and worklife balance is relatively good. I am worried about the exit...

Has anyone here completed the Crypto.com math test for any of their quant related roles (trading, research, dev)? Curious to hear thoughts / experience.