quants-n-traders

[deep cargo]

if ur style isn't perf and u mess up slightly ur gone

[zenith panther]

yeah exactly

[rose holly]

what is their style?

[zenith panther]

u just cant mess up at all

its so cringe

acc i think tanz got a toughie

😞

[deep cargo]

😭

ocaml is rope

"sweetie" 💀

how old was the interviewer 💀, if he/she was <= 5 years older than me i'd just leave

getting called sweetie by a 25 year old is...

orz

[rose holly]

if someone said that to me to an interview i think i would fail

😭😭

sweetie

[deep cargo]

getting edged

[zenith panther]

:noo:

bro ngl this szn was a fluke for me

[deep cargo]

knowing u failed as well

that shit is ass

[zenith panther]

i need to lock in again

[deep cargo]

cuz u yapping for no reason

gg

u can't say this and then not spill

wut

like to finish the interview or when given tasks during work

ngl if its the latter that's peak, exactly what cit is looking for

[zenith panther]

😭

[deep cargo]

that's 🔥

🪞

[zenith panther]

i negatvie split 200 fly 💀

oh i also referenced

i wasnt a 500er

i just did it bcz coach needed a 500 swimmer

💀💀💀

[deep cargo]

yeah whomever gets the 500 during hs swim meets is the bitch for the day

that's the even u give to whomever is available

unless u have a designated long distance swimmer

[zenith panther]

nah, i got one after my cit offer 💀

[deep cargo]

risking it all, did u even apply to any tech?

im assuming not

[zenith panther]

i mightve

i forgor

lmao

i went like 4:54 w/o goggles

i think

[deep cargo]

what was ur best event

[zenith panther]

someone from my hs was the fastest u18 50 freestyler in america

[zenith panther]

200 fly lc

[quasi orbit]

i heard js swe blacklists tho

unless u have crazy resume improvement

[deep cargo]

i swam in a heat with jack alexy

i got shit on

[zenith panther]

idk who that is, but i assume they’re fast

i dont track ppl idk 💀

some kid from iowa committed tk harvard

and won jr olympics

hes also usamo

is that max prestige

im jk abt usamo… i hope

that would be send me into a spiral

[rose holly]

Wait how does luck not play a role in the final round if its betting games

[deep cargo]

https://en.wikipedia.org/wiki/Jack_Alexy

[zenith panther]

^

tbh filtering out unlucky applicants is based as hell

[rose holly]

what does then

[zenith panther]

redpocket wya for the summer

[rose holly]

ur decisions?

[zenith panther]

ur at rentech right

[rose holly]

i heard no one who lost chips gets an offer though

[zenith panther]

wtf

orz

[rose holly]

oh maybe tripping

what do they look for in the betting games then

how do you decide how much to bet and stuff

lol im ngmi

[zenith panther]

i want hrt algo dev or wtvr

🤤

damn

is it bcz of the ro rate

[deep cargo]

how much is FT TC?

[deep cargo]

probably 400k and good ro rate is amazing

[zenith panther]

i thought it was 600k

[deep cargo]

sig QT?

[zenith panther]

400k is core eng for hrt

[deep cargo]

400k is SIG QT new grad

[zenith panther]

wtf

[deep cargo]

damn its that much of a TC diff

[zenith panther]

400k from reading a single book

[zenith panther]

ye i think so

<40% 💀

i need HRT new grad tbh.

[deep cargo]

wtf 💀

[zenith panther]

damn it got worse???

[deep cargo]

what is even the point of interning then

[zenith panther]

prestige

[deep cargo]

ur probably better off going to an easier firm getting an RO then trying for new grad at HRT

but they probably only hire single digits for NG

[zenith panther]

i need to pop off next year holy

[deep cargo]

just get RO and feast

[zenith panther]

im hitting gm on cf or its over

[zenith panther]

[deep cargo]

then get fired within a year and then go to tech because of the 2 year non compete

[zenith panther]

same.

actually wait i actually know how to code

maybe i can get an ro

[deep cargo]

im just a lc monkey

whos slowly trying to actually acquire relevant skills

[zenith panther]

technically i do know stuff

[deep cargo]

if only cf rating was an indication of coding ability 😭

[zenith panther]

i can code tbh

idk why i self doubt

[deep cargo]

impostor syndrome drives me to new heights every day

[zenith panther]

same 💀

am i even good enough to have imposter syndrome

[ruby fog]

youre too good at R tho

[neat summit]

If you're not sure about going into ML/DS or QR, is it best to do a masters in CS instead of MFE?

[dusty jetty]

does anyone know the radix intern conversion rate to FT

[thorn hazel]

mfer really be treating SWE as third class citizens

[vast relic]

ill play figgie with u

[weary nacelle]

yall think I can lie about GPA and get interviews

for NG

[meager sluice]

Has anyone heard back from IMC

[weary nacelle]

fuck it we ball

[brisk ingot]

what was open for them?

[weary nacelle]

Any quant swe intern still open

[haughty hinge]

or just not include it?

[brave vessel]

is quant dev or qswe saturated?

[quasi orbit]

can i dm

[undone rose]

hey has anyone heard of old mission? can someone give me insight on this company

[quasi orbit]

dm

[haughty hinge]

Anyone interviewed for cubist JV team? SWE

[midnight scroll]

Nah I dont settle for JV teams. I only work Varsity

[quasi orbit]

dm

[vivid shale]

Has anyone interviewed at Marshall Wace?

[haughty hinge]

its a great question to ask

[mint hollow]

is meta -> quant swe ng possible

and what can i do now aside from lc

[twin verge]

helps if you go to a t5, do systems work at meta, or otherwise have some sort of in

[twin verge]

for certain companies know your systems / low level in and out

[robust turret]

Nah it’s not possible

[neat summit]

???

[haughty crater]

Does anyone have a list of trading firms in Canada? Or know what the major ones are (ik there’s DRW and Square capital offices but wondering what else)

[vague sentinel]

yea I'd say it's possible

[deep cargo]

definitely possible but your options will be far more limited than intern

[robust turret]

Netflix or Goog intern -> Quant swe ng is highest probability

Rest is fair game

[somber orbit]

anyone know anything about ansatz

[vague sentinel]

possibly higher

lol

idk what he's talking abt

[split lintel]

yeah that would make sense
i think meta is known to be generally more grindy and harder to survive at

[tender zodiac]

meta>>>> google rn. Zuck the 🐐

[rose holly]

ngl google turning into old msft

i mean it is

msft with copilot and other stuff and the way nadella is driving the company allowed it to become “interesting” again

if u asked someone back in 2016 they would have acted msft is like ibm where it’s some old tech giant

it’s true

[split lintel]

Yeah jeff makes good points

[rose holly]

i only speak the truth

[robust turret]

How r u guys placing Meta, Netflix, Google, Msft for quant tho 🤔

No hurt feelings! All theoretical

[twin verge]

all are equally shit

or equally good

nobody gives a fuck they're all tech

[robust turret]

😭

Ok. This settles it.

[rose holly]

the sad thing is

sundar pichai isnt like satya where he wants to sort of "reinvent" themsevles

so sadly its not gonna change anytime soon

nonethless tho

great companies to work for cuz big tech is still big tech

but still

[full ridge]

is getting a quant swe ng interview from big tech intern experience significantly harder than getting a quant swe intern interview with big tech intern experience?

is it rope if i havent interned at a quant place

the intern resume screens seem light ngl

[twin verge]

yes

[twin verge]

yes unless you go to t4 or something and even then most places won't interview you

[quasi orbit]

all the "faang" companies will get u past most quant resume screen

like ppl interview for cit with amazon all teh time

[vague sentinel]

I agree with this from what I've seen

For swe at least

Maybe not most but u will get some stuff

[haughty hinge]

Or just get referred🤷‍♂️

[waxen ocean]

can someone explain how a swe intern role at an HFT is different than a quant trader/analyst role? ive tried looking up differences but the descriptions often overlap

[waxen ocean]

thanks this made sense

[zenith panther]

always has been

[deep cargo]

Ru qt or qswe?

[fast gazelle]

even in 2003?

[weary nacelle]

I have ended up with a FAANG offer, which is not bad, but I do not see why many people consider this salary remotely good and/or ask me to stop complaining given my past: I have done many, many final rounds for quants, and have previously interned at two quant firms, so I know my rough capabilities. The truth is that my salary is less than half of what students, who were much worse at the internship performance wise, and were simply 0.0001% better at talking and not requiring visa sponsorship, are getting -- and this enrages me. Many people come up to me and say "you do realize that FAANG is still a good outcome in this economy", but I present counterarguments.

We can consider cope in two main facets of explanation: first in terms of what I would consider a skill-based validation, and second in what I consider to be money-based catchup.

First, we consider skill-based validation: having a quant job is a clear indication of skill. After all, the interview process is most similar to taking USAMO and other similar olympiad tests in high school, which were clear indications of being intelligent (if it was not, then MIT would not be using such metrics to admit students). Furthermore, I claim that the most intelligent kids in the world either end up in quant, or pursuing a PhD to go into quant: just look at many of the US IMO team or the Putnam results and you will see that this is often the case.

if you are smart => you are in quant,

which by contraposition shows if you are not in quant, you are not smart. I've worked hard to get to multiple olympiads and at HYMPS but the reality is, unfortunately I am not smart, and you are probably not that smart as well. Until you receive external validation from quant, then it is impossible to even CLAIM that you are smart -- you are objectively less smart than a lot of math olympiad students at quant firms, and getting into FAANG is not going to impress any actually smart kids from these circles.
First, we refer to one year of not working as one year of OFFSET, i.e. a year where you do not do any work. Then, now we can consider people as being X years ahead in life, i.e. they are 3 offsets above in life. (Note: We must consider years ahead in the eyes of the BETTER agent, for which the better agent should have higher access to privileges and other properties barring all else equal)

Say you get a 200k salary at a FAANG, with one year offset vs. a 190K salary at another FAANG zero offset. In this case, you have to work 20 years in order to GET BACK at the level that the person who graduated first is at, i.e. somebody in the year above. But it gets more concerning:

Now consider a more real example: you are working at FAANG, get a good offer negotiated to 220k, and then you meet a friend working at an HFT firm which pays around 400k. (Note: most actually reputable places pay more i.e. Citadel JS HRT 5R, but I'll just use this because if your firm pays less than this most likely it is on par or subTier 5 on quantnewgrads). Now note that in 20 years the earning difference between you and this other friend is 3.6 million. Think about what you can buy with a 3.6 million dollar home: you are that much less of a subhuman with your so-called 'good' 220k salary, than somebody at a BARELY above tier 5 firm in quant.

I can get into more detail with this analysis, as I have an entire excel sheet which compares a few more entries such as geometric scaling of wealth, SMV etc. but I just want to give a brief exposition as to the reality of quant vs FAANG. It is NOT good to be in FAANG: you will forever be losing to other superior humans, and the thought of this alone means that you can never live comfortably in whatever small apartment you choose to rent for the next 5 years of your life until you can even begin to muster the words 'down payment' for something long term.

[spark seal]

i wish i could be refunded the one minute i took to read that

[vague sentinel]

Same

Let's not kid ourselves and pretend Quant is reserved for generational talents 😭

[split lintel]

[full ridge]

what does that mean

meta wont interview u with citadel on ur resume?

cap

[robust turret]

if u have an interest in trading regardless of money, quant is easier

Cause u find yourself enjoying the problems

There ya go life hack, start liking the shit

[twin verge]

do you think avg meta recruiter looks at like imc qt and thinks "oh yes he'd be great at building dashboards!"?

[robust turret]

Unironically, I wanted quant cause Faang felt like 2 much of a comfort play 💀

or tech in general

[cyan shoal]

lol ik plenty of people who got qswe with c1 as resume

dont expect like radix phone

but you can get some phones

usually the bigger firms

cit, imc, opt etc

not really js

cit u can kinda get without anything if u have a good school at least from what ive seen

[celest star]

In citsec phone process rn didnt even get perfect oa

[cyan shoal]

fall?

just applied for fall so hopefully they still consider if its not too late lol

[celest star]

yeah

[steep hedge]

when does fall recruiting usually end?

[cyan shoal]

sometime in the next couple months

[celest star]

prolly ends by May?

for citsec/js

[weary nacelle]

t10 school?

[full ridge]

i think it was inferred we were talking about swe not qt... obviously a completely different role wouldnt prepare you for swe

[zenith panther]

wtf

radix didn't interview me

[full ridge]

wtf

[zenith panther]

:sadness:

[rose holly]

Is UT one of those schools

[queen pendant]

cit is prob the lowest bar of any of the good firms for swe

[rose holly]

I heard a lot of people get rejected after perfect OA though right

[queen pendant]

ut is fine

[rose holly]

Damn does referral help

[queen pendant]

yeah

cit referral p much guarantees phone

[rose holly]

Oh damn really?

[queen pendant]

idk anyone who got a referral and didn’t get phone

[rose holly]

Cit process is rng right

I heard they ask anything

[cyan shoal]

very rng

[queen pendant]

they can ask anything

most of the time it’s just lc though

[rose holly]

What's the best way to prep for c++ trivia

[queen pendant]

cppreference.com

[rose holly]

Is it obscure trivia or just stuff you would read in a book

[queen pendant]

Depends on interviewer

[celest star]

yep

[thin bramble]

How to get js?

what do you need

[twin verge]

congrats on js, hrt, cit

[deep cargo]

ur school isn't good enough, mine is better. skill gapped unfortunately

[zenith panther]

sadge

[deep cargo]

maybe you'll have a shot for ng after getting belvegoat weather quant

[robust turret]

headass 🤣

[queen jewel]

does sig care about gpa

anyone know a list of hft firms that dont care about gpa for swe interns

[haughty hinge]

lol

Just don’t include it

[deep cargo]

if u have good enough exp I doubt most of em care there's not a definitive list

[midnight scroll]

idk if sig cares about gpa but I applied with like a 3.6 and little prior (1 no name company before) and got interview fwiw (for swe, I assume any of the qt stuff they would look at much closer)

[deep cargo]

Yeah that’s why I said “most”, big Ken is an outlier in all facets of life

[zenith panther]

:catsob:

[brave vessel]

what are some good projects for qswe?

[queen jewel]

whatever didnt want the amazon of quants anyways

[zenith panther]

tic tac toe

weather app

todo app

[brave vessel]

i already did that but the hrt lady says i need trading bot and calculator as well 😦

[zenith panther]

ngl calculator takes some skill fr

if u make a full calculator it a bit toughie

add graphing and stuff fr

implement the approximations 🔥

[brave vessel]

meh, most of the project would just be looking up how its actually done then implementng it. it would be useful to learn how calculators work ig and potentially how the cpu does some calculations

if u did like a calculator in assembly then ya that could be cool

for one of my courses we implemented a simple cpu with verilog and compiled it on an fpga, pretty cool tbh

[thorn hazel]

me

no referral -> phone for regular internship
with referral -> rejected by launch

[queen pendant]

wtf is launch

idk about that

im talking about swe intern

obv if it’s some random role hiring like 10 people a referral won’t impact as much

[brisk ingot]

the sophomore internship at citadel

[queen pendant]

sophomore internship at citadel is just the normal swe internship 💯

[zenith panther]

🔥

[thorn hazel]

my rizz is half way there

[thorn hazel]

From what i heard dei has more weight

[warm sorrel]

What are the typical steps to becoming a quant dev as a cs major?

[zenith panther]

making weather webapp

[warm sorrel]

why?

[zenith panther]

good dashboards are critical for traders

[brisk ingot]

grind lc, take a bunch of systems classes, make some trading related projects

[vague sentinel]

Or projects with a relevant skill set to trading

[brave vessel]

are there any big tech roles that have equivalent skills to quant dev. like low level optimal code with good pay?

[deep cargo]

Any systems team at any big tech

And the top systems at big tech probably gap quant tbh

[brave vessel]

what kinda teams they got tho?

for systems

[inner swan]

is good pay one of the skills of a quant

W modal soul pfp though quant assured

[brave vessel]

i know they systems teams for browsers and (maybe?) cloud services

[deep cargo]

OS, compilers, distributed, low level databases, GPUs

And I’m sure there’s many more

[brave vessel]

compilers? what kind? ig google did make carbon and golang

[warm sorrel]

Thank you!

[warm sorrel]

Thank you!

[midnight scroll]

is the demand for python ml much smaller than c++ low level?

[zenith panther]

c++ low level pay is in the gutter

:noo

[vestal carbon]

does anyone have any opinions on voloridge and how it is viewed in the industry?

I have a data analyst internship offer from them and a swe offer from a non faang big tech

[zenith panther]

never heard of em 🔥

[vestal carbon]

I wanna get into quant research eventually. And ye the tech offer is good with good conversion and pretty nice full-time

junior but I'm graduating with my bs. i'll probs be back for the ms tho

2025 I'll be starting full time

this is my last internship

[quasi orbit]

anyone interview for hrt swe intern?

[cursive edge]

got an interview with optiver

should i do the 50 hard probabilities

or brain teasers

don't have a lot of time

qt

not qt, quant research

anyway they say it's 4 stages

[haughty hinge]

lol

Free u

For qr you can’t prep in short time if you don’t know what you’re doing

[cursive edge]

yeah i know, i'm good at algorithms (IGM on codeforces) but i think qr is more focused on research and math that i might not be aware of. but still i'm going to get 3 hour train to london so i'm going to prep for it as much as i can

do u have any recommendations

for prep

[cursive edge]

if i get an offer i'm going to become a muslim

redditers say yes

how would we know

[deep cargo]

igm

gl

[muted topaz]

I'm a first year and attended SIG Discovery Day and I put it on my resume. But I was wondering if anyone had any insight on what I should write under it because it was online

Yeah

[cursive edge]

depends on the company

i don't want to be a data scientist

most of my experience is with c++

oh

alr

@rose holly are you a qr

i'm not sure what my role would be, i just applied for the money.

okay

i didn't have problem with the assessment so if it's just a variation of that i'll be okay

but if it's just a variation of that i don't see the point of it

[robust turret]

What are good questions to ask the quant interviewers

[neon mirage]

My favorite is what do you do with the shit ton of money you make

[cursive edge]

first part was an alogrithm question and an object oriented question. i don't do leet code often but it would probably be medium/hard. then some games. numerical questions and finally some questions about flipping coins lol

what about quant dev

that would be my ideal job but there were few top firms in london hiring for that or if they were i didn't pass. e.g. for js i didn't pass the resume screen. i don't blame them though my uni is super non target

I'm sure there are IOI golds applying there so it makes sense

or some phd physicists

[robust turret]

are u for real sarcasm?

[cursive edge]

u could ask what os they use

[robust turret]

That’s boring

I appreciate it tho

Taf where you do work?

[cursive edge]

why r u pessimistic lol ur already in

[robust turret]

that’s all u had to say

[rose holly]

are you mit

what school are you

[cyan shoal]

lol prob gonna piss u off but they are hiring a lot more from the big state schols now

see a lot of uiuc

michigan

and shit these days

[rose holly]

what's fun about 5r first phone lol

oh damn

[cyan shoal]

lmaoo same

we had like no one at 5r

then like 5 people got in same time a couple years ago randomly

and now they kinda like us ig

lol im very doxed on this discord so ill just say good state cs school

[rose holly]

what is 5r qt pay

[cyan shoal]

550k ish ive heard

[rose holly]

what is jane street

[cyan shoal]

heard up to 625k

yessir bro

i go to wisc man love it here

yea ik

its including sign on

full transparency

so theres a drop off when sign on goes away

but at least at js bonus makes up the difference quite fast

if u purely add all 3 together yes but not exactly accurate

[midnight scroll]

clearly this man has not gone to baltimore maryland

jewel of the east 🔥

west coast weather and nature though is so fire

Drove along the pacific coast and it was pretty stunning

[cyan shoal]

this has to be the weirdest convo in a whle

how can u realistically think 500k isnt keeping up with inflation

and be like how is everyone else surviving

this is so out of touch with most people jfc lol

yea fair enough ig lol

yea lol ive seen

trust ive spent wayy too much time on here

theres some people who are so out of touch with reality its wild

at least in tech and quant salaries are keeping up enough

i think people overstate how much money you need to live in nyc because people want their lifestyle from like suburbs of little rock arkansas

in fucking nyc

i 100% agree lol

legit dont even have to have personal exp

just go to level

and toggle to 2021

or 202

2020

mf akuna is like top tier paying at 65/hr

now theres like 10 mfs at 120/hr + lol

but thats what the feds QE did for the market ig

nah intern lol

bro ik ur yougner

but idt u understand how much quant salaries

have gone up

in such a short period of time

like theyve doubled and tripled

in places

lol im just trolling

[lost leaf]

500k is poor

[cyan shoal]

like this shit lol

[lost leaf]

you cant even live on 500k

[cyan shoal]

obv lmao

very bad bait lol

yea lmaoo i remember when they were paying 50 some and 60 some per hour

now they give that to swe

and give 100/hr + 27.5k sign on

wid shit

wild shit*

the industry is also definitely becoming way more well known amongst college students

at least cs/math majors

i remember a couple years ago no one would know like any of the firms other than hfs cause they were big in finance

and now most engineering majors at my school at least know abt even the smaller firms

yea because at my school at least

the career fair isnt just for cs kids its an engineering career fair

and its literred with trading companies

so all my like mech e, chem e and stuff friends

go there and see all these firms lol

i think itll be fine for a while but like we arent gonna see the salary growth weve seen at least the entry level

i think its gonna stagnate here for a while

maybe im wrong though

lol dont take my word as the gospel

[cunning frost]

what do you guys think abt dataframes in pandas

r they useful?

[zenith panther]

i use them to save things to csv

but otherwise i dont find them useful

but that's bcz i dont do data science

[cunning frost]

i used a dataframe when given an api endpoint question and i got rejected

[vague sentinel]

As a substitute for a database?

[unreal swift]

does js have 2 diff rej emails

[cunning frost]

as a substitute for a hashmap

[vague sentinel]

Why did u do that

[cunning frost]

i thought it would be easier to organize my code

[vague sentinel]

Seems strictly worse than a hashmap

In code complexity, dependencies, and speed

Dataframe is mainly used to read from csv and write to csv afaik

Actual processing isn't done in it very often

[inner swan]

what would be used instead? considering pandas is one of the biggest python libraries it seems weird to think it's only used to read and write to csvs

[inner swan]

if you're just using it as a hashmap then there's absolutely 0 reason to use it

[vague sentinel]

Mightve been an overstatement my bad, mainly it doesn't have gpu acceleration so you might switch over to a library that does

But for a lot of uses it could be fine

Not as a hashmap regardless

[inner swan]

yeah

[queen pendant]

they should get their money up 😂

[muted topaz]

Thanks!

[azure zenith]

offer arms race go brrrr

[unreal swift]

good candidate

benefit from a year

[unreal swift]

u at js this yr?

[crystal lynx]

can someone pls tell me that im not cut for the quant life and end my delusions. i have a shite gpa from a non top 5 school no faang internship. for all practical reasons im a run-of-the-mill csmajor. the only thing is, my junior year i interned at a hedge fund and it was the best time of my life i want that back. i met some amazing smart ppl and i was close to making it but i wasnt prepared enough n didnt have time. well, i didnt get a return offer n shit went down hill real quick. fast forward i graduated last month n have a job lined up but i want one last shot at being a trader.

so, will it worth the effort preparing for qt interviews for the next cycle or am i delusional (prolly am tbh)?

there's been ppl who've gotten offers from my school but it's not really target i would say

yea thats the other thing...the intern->ft pipeline is too strong compared to the alternative

[queen pendant]

ik its cringy to say so and ill prob never land quant but like their philosophy and mission really speaks to me

[deep cargo]

neclo 💀 💀 💀 💀 💀

[final garden]

You dont have to be a Quant at a top firm like RenTech, HRT, Citadel, DE Shaw or JaneStreet

There are millions of small Quant shops that still pay top dollar for you

I know some people that became great quants at smaller firms making good money without a college degree

Its EXTREMELY hard, but if you take the time to study all the math, finance, and coding necessary you can absolutely land a job at smaller quant firms

Plus a whole lotta other nicher things like Numerical Analysis, Optimization, Portfoilio Theory etc

[zenith panther]

like ik its cringy to say so and ill prob never land hrt but like their philosophy and mission really speaks to me

[neon mirage]

valid

[final garden]

😭

[cursive edge]

Allahu akbar

💀

[cursive edge]

How much average pm make

[final garden]

Millions

There arent even a million software engineering jobs rn

[midnight scroll]

?

https://www.bls.gov/ooh/computer-and-information-technology/software-developers.htm

[zenith panther]

taf @ radix

:orz:

[thin bramble]

:orz:

[shy tide]

what is citadel phone for SWE ?

what do they like to ask

[brisk ingot]

anything

but i got leetcode and networks trivia

[manic prism]

I answered all SIG probability problems in the first HR round but got rejected. So frustrating!

Anyone had same experience?

[shy tide]

fuck networks

like basic or more complicated

[shy tide]

basic or hard

i am just now taking OS

and i just self studied a bit of networks

and got phone invite email today

[manic prism]

Nope.

Last Friday.

I applied QR internship. It is in Philly.

It was the first round after OA. Two simple BQ question, hobby, play poker or not. Then two probabilities problems.

I was applying for an internship. Submitted my resume on 01/09, they gave me OA and I passed it. Then it was the first round HR interview with some probability problems.

Thanks for sharing.

[brisk ingot]

lc hard, trivia q was weird but solvable even w/o networks knowledge

[haughty hinge]

Nah they started very late

Like WW and I were in the 1st batch I’m pretty sure

[quaint tide]

how hard is citadel OA

help god

HELPPP

[quaint tide]

oh nah

😭

oh nah

[vestal carbon]

Anyone have an opinion on a masters in quant finance/fin eng vs a masters in comp sc (ml) if I want to get into quant research eventually

[neat summit]

I had the same question. It seems to me that phd in quantitative field is best, then mfe. But that is only if you are sure you would enjoy the time spent during the phd or that your main goal is quant in the case of an mfe. Otherwise I think comp sc (ml) presents the best option if you want to leave the door open to more coding intensive jobs (i.e. swe, embedded, etc)

[neon mirage]

Phd is so fkin long bruh how do y’all do 4+ years of no income aftwr undergrad

[vestal carbon]

I don’t think I will enjoy doing a phd

I have an option to do an mfe or a mscs - mscs makes more sense but then it makes me wonder why won’t a quant firm hire some mfe if the education is more relevant to the job

[neat summit]

very true from what I have heard

I have heard a lot of ppl also say that stats/math masters is better than cs (especially for QR) so that could be something to consider @vestal carbon

[vestal carbon]

I see

Thanks for the input

[brave vessel]

I heard masters in quant related to fin is not good and it's better to do something tangential

Like comp Sci, comp eng, physics is typically what they hire

Or stats

[neon mirage]

Anyone know anything about multi armed bandits and how important they are/look to companies?

[rose holly]

what is multi armed bandits

[weary nacelle]

Does DE SHAW respond to reject after applying like JS or nah

Is it just ghost

[rose holly]

Who is Jerry mao

[crystal lynx]

How reasonable/taxing is it to prep for qt and qd roles simultaneously?

[brisk ingot]

depends on how good ur baseline is, bc it’s two completely different skill sets

[empty burrow]

Recently received an offer for post trade engineering team at citadel as SWE. Does anyone know what the reputation of this team is in terms of culture/WLB, management, how easy it is to transfer to other teams or firms from PTE, etc?

[twin cloud]

pm me

[tranquil wagon]

I’ve heard sig gets mad about grad date

But i haven’t heard that about any others

[deep cargo]

imc

[tranquil wagon]

No more larp D:

[deep cargo]

shouldn't it be the opposite

[thin bramble]

https://openai.com/sora

[midnight scroll]

The quant industry will never be the same now that sora is out

TC will drop to an average of 80k

[brave vessel]

wut

[brave vessel]

its over for humanity

[thin bramble]

how do I get into janestreet

[deep cargo]

Why them specifically

And for qt or swe

[winged dove]

Really what’s been going on ?

[midnight scroll]

its a joke

Sora is entirely unrelated to quant

was just wondering why it was posted in this channel lol

[thin bramble]

janestreet feels chill

qt

[brisk ingot]

cit & jane street

well its a co-op technically

https://www.janestreet.com/join-jane-street/position/6860671002/

this one?

[crystal lynx]

anyone do the jane street puzzle?

[rose holly]

puzzlycity?

[brisk ingot]

theyve been open for a while

its the same application for summer, u just choose fall in it

[deep cargo]

they only let coop schools apply for it

[midnight scroll]

what is a coop school

like a school that requires coop for graduation?

because pretty much any school lets you take a sem off to coop no?

although my uni still charges you money for a coop 😂

(80$ but you get some credit for the coop at least)

[midnight scroll]

https://youtu.be/BufUW7h9TB8

Is weather internship a dying industry

should I swap to corn intern

old paper but whatever

https://deepmind.google/discover/blog/graphcast-ai-model-for-faster-and-more-accurate-global-weather-forecasting/

[ocean gazelle]

traitor

[thin bramble]

[boreal tartan]

siuuuuu

[pallid berry]

anyone

[brisk ingot]

yea

well only for swe

idk if u interviewed for that

i don’t think so

[deep cargo]

makes no sense for them to do offseason

waste of time as well

it doesn't really

there are just a 1 or 2 exceptions

[void sorrel]

Only like citadel, five ring, and js do off cycle for swe

And five rings is 5 weeks

[deep cargo]

And JS is for coop only

[brisk ingot]

oh its that few?

dang

[pallid berry]

why do some companies do coops and not off season internships

like what is their incentive to do so?

but like amazon robotics and SIG do coops too

[deep cargo]

Drexel 🔥

[pallid berry]

like they choose to do coops with specific schools and not take the best possible talent

its weird

yea cit off season doesnt get to go to miami 😭

miami is mostly citsec interns tho

citsec doesnt do fall

cuz the team matching for citsec hapens all at once in febuary

cit offers are team specific

yea maybe

[void sorrel]

They have 12 interns right now and 11 are Waterloo

[brisk ingot]

is it not just a little bit after applications open

so like july/aug onwards

[half valve]

think so

[brisk ingot]

from my experience they rlly like systems related projects

[quasi orbit]

no, hedge funds are basically big tech

[haughty hinge]

Anyone here had experience with time series models? beyond a class

[brisk ingot]

like multithreading, sockets, etc. stuff like that

in c++

bonus if its a trading related project

at the least it definitely helps during interviews

a decent amt of firms ask systems trivia

or like it gives u a good understanding of systems

ahhh fair

realistically most of the "real stuff" they ask u could self study

and get away with it

if u put time towards it, so maybe not worth completely fucking up ur time in fall

bc u prolly need time to do oas/interviews and practice lc

read through the ostep textbook

but https://codex.cs.yale.edu/avi/os-book/OSE2/study-guide/Study-Guide.pdf is a pretty good review guide

networks is less common, imo if u know what osi model and tcp handshake is you've covered a good chunk of it

haven't rlly been asked anything else outside of that, but anecdotal evidence

had to take a bunch of pre-reqs before i could take the cooler classes

so finally doing networks now and taking os in fall

most of my quant recruiting was done before the first month of school anyway

so it wouldn't have helped unless i took it the sem prior

exactly

atleast with reading through textbook i know all/most of the trivia stuff atp

and there won't rlly be a coding aspect to os in interviews

so im chilling on that

yea a lot of concurrency

had a few ask questions on how to prevent race conditions in certain situations

haven't rlly interviewed with jump/hrt who actually ask direct questions from there

but it definitely helped with other less direct questions

where i can mold the answer around what I know abt the stuff

like memory space related or whatever

more basic

like optimizing code

forgot exactly what it was, but p much there were two ways I could design something

and actually having a good understanding of how memory worked meant i could tell them why 1 approach would use up like X% more space than the other

yea facts

its like if u really like systems, the interview is actually fun talking to another person that is also rlly good at it

stopped around the persistance chapters

but yea went through virtualization and concurrency

yea ostep is rlly good with not getting too complex fast

like it explains shit rlly good

was reading the os dinosaur book at first and shit was so tough

lmao i remember my first ever quant interview the dude asked me the difference between parallelism and concurrency and i completely blanked

just fully forgot the answer in the moment

was doomed from that point on

do some c++ trading projects

like a socket market exchange

and something with multithreading

if ur tryna do the systems stuff ur gonna have to learn c++ at some point most likely

thats a good thing to start with

https://www.learncpp.com/ ^ what I used to learn

just get the basics of c++ down

yea you don't need to worry abt projects until like start of summer

and then u can make 1-2 then

i had ~t30ish and f500 and got past like ~6 screens

so definitely

school club that was quant related probably helped

its like ~t20 cs, but overall its a good amt lower

i did, but didn't realize until way after i could ask them for it

so only had it for cit when i was recruiting a few months ago

best thing to do is figure out what ur good at and get cracked at it

and you'll do fine either way

facts

kinda eh, only rlly got jpm c1 and palantir screens

i feel like non quant screens r so much more random than quant

like quant u can optimize it hella to have a rlly good shot

realistically u can definitely break into full stack stuff even if u studied systems for the next year

but not rlly vice versa

anything distributed systems, backend infra, stuff like that

definitely helps

the trading companies will probably like the "trading" related aspect of it and how it uses systems

but non-quant will just treat it as a good project--based on how complex u make it

it won't get the same appeal factor yea

yea facts,

lmao i got thrown onto some java full stack team

using a framework from 2001

that they wanted to convert to spring boot

cloud sounds good, as long as its not like dev ops shit

yea verilog is a hardware language

idk how applicable to quant it is, unless ur applying for fpga roles

but if u are its rlly good

either of those are good, just try and see how technical the projects are for each

doesn't rlly matter toooo much, but u just want to learn & have good stuff to talk about

worst case u just fluff up what u did on the resume

best case is like distributed systems definitely

if u can get that and its good work then its good

but the flip side is if its bad project/u don't learn anything, its kinda a waste

whats the list of them again

anything backend/database/distributed/api-related stuff seems good atleast

like they wont care for anything front-end prolly, so at minimum the stuff above will be good enough to talk about

you never know, but definitely a good step forward

its more of he's definitely smart and he had a technical/interesting project

yea thats cool

you never know, but at that point the best things on my resume were my projects / club work doing trading systems stuff

so that definitely helped? but yea could fully be rng

[brisk ingot]

anecdote is that a lot of my interviewers asked abt those specific things on my resume rather than everything else

qt is much easier to pass screen but harder to pass interviews

from what i've seen

for me atleast it's like a gamble

like swe ur alr pretty good at and getting better, qt prep is completely different stuff

definitely find what ur interested in first, try a bit of prep for either

as a whole probably? qt processes usually have more rounds n shit

swe is easier to bluff through, qt processes usually r good enough to screen out people who aren't good

but idk haven't recruited for qt at all

this is all from others that do

[brisk ingot]

prior experience is the best thing u could have so u got a good chance

applying as a sophomore is rough tho, might have to apply saying ur a junior

[brisk ingot]

^

[empty jacinth]

How easy is it to go from quant to swe (like machine learning) later in your career

[thin bramble]

much easier than going from swe to quant

[final garden]

Honestly its probably pretty easy

A lot of quants are glorified SWE's

[deep cargo]

It all depends on ur baseline in my opinion

[ruby fog]

nothing is reliable these days

just prep a few months

get 150 on zetamac

do all the imo problems

[vague sentinel]

True

Sometimes they just look for better past exp or fit

Even if u do well

[ruby fog]

the stars need to align

[rose holly]

jane street

[spark seal]

janethan streethaniel

[deep cargo]

<@&868936794601828492>

[sacred lark]

anyone heard back from js fall co-op?

[sacred lark]

when and do they send OA from there?

[quasi orbit]

js doesnt do oa's right?

[crystal lynx]

has anyone ever been successful preparing for swe/qd and qt? it'd be nice to hedge not getting qt but i also feel like if u dont full send qt prep u not gon get anything anw

[sacred lark]

ah ok ty

[rose holly]

black rock

any financial firm or thing helps pass wuant screens

quant screens are easy asf to pass u just need prev financial thing, good school(sometimes doesn’t even matter) and a decent gpa

whereas big tech is just luck

[crystal lynx]

wait really? shii then im set

but what if it's a swe xp n u wanna try qt?

[split lintel]

yoo i have janitor exp at jane street

[winged dove]

I’ve gotten interviews with a less than decent gpa

I got a chance to network with an actual quant and he gave some insight

[twin verge]

doubt it

you can find this out in 2 seconds

actually u might be right

lmfao

they only do coops schools, but utoronto has coop thing

maybe they don't? I have no clue but if they're only interviewing from co=op schools technically toronto they should be interviewing from

unless it's not prestigious enough

just be william lin

he got off szn but mit doesn't do coop

[summer ridge]

How does one get a radix offer

[empty jacinth]

for those who participate in their school's quant club, what do yall do in them?

[haughty hinge]

create cheating rings

[brisk ingot]

be cracked

[queen pendant]

apply -> get interview -> pass

[summer ridge]

Ok, should I take js or rsdix

[midnight scroll]

why does js love waterloo

[midnight scroll]

im a larper but im on the infra team so I just do swe stuff no QR

but doesnt any school let you do a coop if you wanted to 😭

why do schools that specialize in coop programs get such luck smh my head

[sacred lark]

who here has heard of voloridge investments?

[lunar sundial]

Hey, anyone interviewing for Two Sigma swe internship? Me and a bunch of people I know took the final behavioral, I don't know anyone with an offer tho

[robust turret]

Yo

Can someone tell me the strategy for the decimal arithmetic on Flow Trader’s math test

How the fuck am I do do 5.72 * 8.69 in my fucking head within 5 seconds 😃

and u get 10 minutes

and theres 75 problems

That’s even worse bro bro 😭

572 * 869

[unreal swift]

5 * 8 + (0.72 * 8) + (0.69 * 5)

kind of off though

[robust turret]

Yeah it’s not bad when u put it like that, that’s 40 + 5.76 + 3.45

You forgot the (.72 * .69) tho 😭

I guess u could do 72 * 70 - 72 and move the decimal 4 places over

but this would all take atleast 20 seconds

Take to me

U know something?

[terse barn]

just dont do it

[robust turret]

Wtf!

Dude is gatekeeping T1 SWE

[terse barn]

no

it’s not worth grinding out arithmetic

that shit is useless

when are you ever gonna need to do that

[robust turret]

You know what else is useless

My career

If I don’t get a job!

I’m gonna be sleeping under the Golden Gate Bridge in a few months!

[brisk ingot]

ong highest growth role at flow

[robust turret]

😂😂😂

Why r u guys like this

Like they don’t get paid 200k minimum

[brisk ingot]

maybe for trading, i swear swe was like sub 140k

[robust turret]

I mean the chefs there

[brisk ingot]

ahhh

[robust turret]

It’s probably 5 star food so they’re getting money thrown at them

[midnight scroll]

high end food?

[brisk ingot]

crazy how the chefs interview process has a recruiter phone then an onsite

[midnight scroll]

you mean snacks

[midnight scroll]

These companies are too small to have an in house cafeteria, they cater food

the chef just makes small stuff aside from main meals

[brisk ingot]

nah they have 350-400 in that office which is pretty big

[robust turret]

Oh ok yeah 17th floor office building prob isn’t big enough for a cafe

[brisk ingot]

also the role is specifically for breakfast & lunch

[midnight scroll]

Well I sure hope that its breakfast and lunch. Dinner = classic quant wlb

dinner with family? nahh

[sacred lark]

What

[haughty hinge]

Anyone interviewed with Cubist SWE JV team ng?

[slender bluff]

for any winternship seekers, 5r winternship is out: https://fiverings.avature.net/careers

[vivid shale]

Anyone kind enough to show their resume that got them quant trading internships? or what kind of projs they expect to see

Or could give me some advice 🙏 🙏

[brisk ingot]

never

u only hear back if u get an interview

[thin bramble]

$5,750/week

wtf

Can final year student attend winter internship?

I assume no?

[vocal drift]

is it worth applying if I go to a low tier school

[vagrant abyss]

Anyone interviewed at CC&L for a Quantitative Equity Technology, Quantitative Developer? (PIng me if you know anything about their process)

[thin bramble]

You only spend like 1 min to apply

If I tell you no, will you not apply?

[vivid shale]

yeah def no

its over

jk

[stoic wigeon]

it says it's from Jan 6th to Jan 31st. If my classes start Jan 11th am i doomed? lol

[brisk ingot]

unless ur able to skip the first 3 weeks

[stoic wigeon]

dang bro i didnt know colleges started spring semester that late

holy at mit it's dec 22nd - feb 5th

im school gapped

[brisk ingot]

yea mit's is crazy

there are a few that go rlly late

like mine is dec 16th-ish to jan 24th

[sacred lark]

Bru I start spring like Jan 11

[brisk ingot]

yea its so varied

[brisk ingot]

i have friends that start spring a week before you

jan 3rd-5th

[winged dove]

Which place is this ?

[brisk ingot]

oh the flow traders chef role

[ruby fog]

if you dont plan on having a ft offer before then then yes

otherwise it gets weird

[thin bramble]

Well I guess I shouldn’t apply then

Maybe apply for ft directly if I apply at all

[ruby fog]

yea if u want ft just do that

[quasi orbit]

doesnt 5r only take ivy league

[queen pendant]

not anymore

school req has slipped a lot

[livid wedge]

their intern class last year was composed of like 6 schools

what makes u think it changed since then

[queen pendant]

i can see the incoming interns on linkedin

[quasi orbit]

i think what they do is they "test" schools, and if their first batch is good they keep hiring from those schools

im p sure my school has been blacklisted

they take one person yea

LMAO sure ok

good luck getting in

congrats then

u determine whether or not they will hire more ppl from ur school

[static musk]

yeah lmao it’s like the only place our school has no one

[deep cargo]

There was some dude who got it last year

Maybe he fucked it up

[winged dove]

Anyone heard back from trexquant ? Applied to them like couple of months ago

[amber fractal]

My friend from a non target is going there as a qt intern this summer

[quasi orbit]

Yea I think recently they’ve been expanding to more schools

[amber fractal]

Yea but he was a past trading intern at a p good firm

[winged dove]

lol

[spark seal]

help.

[ruby fog]

are you asked to prove (b)

@spark seal

think it has to do with block matrices but not sure

[spark seal]

Yeah

Expand determinant

I cant make sense of the second term

First term is easy

Theres also an idea i have about relating it to the symmetric group definition of determinant, but a little hint i get from the text is just to expand determinant

[ruby fog]

yep cofactor expansion

[ruby fog]

beleive it’s the graph without any u or v and any edges ending in any of the two

which makes it complicated than simple cofactor expansion

gotta do some other stuff

[spark seal]

Ya i mean idk really why it shows up in the polynomial

Must grind

[tranquil wagon]

How hard do they resume screen for the freshman events like discovery days and stuff

[sleek herald]

Anyone know if it's possible for decent success when recruiting for QT/QR roles new grad if they've only been SWE/MLE in the past? (including SWE at a large options MM)

[ruby fog]

yea its doable

[minor fulcrum]

How early does one need to apply for these?

Is it worth getting one more thing under my belt during summer before applying

lol waiting for them to get back after oa

Yeah

Valid but haven’t committed anywhere yet

Have one offer that’s okay but waiting for other stuff

[ruby fog]

true, but number goes down once you consider ro rates

[ruby fog]

dang wow ig at that point they’re only interviewing people with significant past exp

[vague sentinel]

I guess companies feel hiring from intern is much lower risk now

And they're less willing to take those types of risks

[vague sentinel]

I think that's more of a compensation thing than a culture thing

[spark seal]

I turned big brain after i solved it

[ruby fog]

howd you do it

[spark seal]

Not bad, once you do some magic it turns your bottom block diagonal rows are linearly dependent once removing first and last column

I can send a full proof once i rewrite it

Problem 3.2/5

[cyan shoal]

Anyone know much abt weiss

Got summer 25 quant analyst assessment

[sinful kernel]

^^ same here

[uncut steeple]

whats the return offer rate for these places

[twin verge]

80-90 for swe, ~50 for qt? roughly but could be lower

[queen pendant]

bro just making up numbers

[quasi orbit]

Js is not 90% lol

[zenith whale]

this is just completely wrong dude

trading was like 30-40% this year

[brisk ingot]

"~50 for qt? roughly but could be lower" and "30-40% this year" is not crazily off lmfao

[zenith whale]

it was closer to 30 than 40 iirc

and given the number of interns thats pretty off lol

[ruby fog]

pretty off when the number of interns is over 100 and closer to 150

[vestal carbon]

anyone know what to expect in a five rings qr phone screen? How to prep?

[zenith whale]

sweat shop

but ppl are p good

[twin verge]

gotcha, didn't ask my friend for 23 figures but just assumed it was similar to 2022

[queen pendant]

20% isn’t crazily off 😂

[ruby fog]

was there an oa

[vestal carbon]

Nope, this is for a winter intern

[ruby fog]

i’m not sure what they ask tbh

i would guess probstat, ml, linear algebra

[ruby fog]

taf the legend himself

[ruby fog]

yooo what’s up

[ruby fog]

hows it going

[ocean phoenix]

anyone got any good lists for coop or intern roles for winter 2024 to summer 2025?

[tranquil wagon]

I’ve heard my schools trading club does a pretty good job at prepping people for those roles, maybe check if your school has one of those

[tranquil wagon]

Lmao

[thin bramble]

just do coaching instead of quant

[winged dove]

Like you can find interivewing material online for free I can link some good stuff here if anyone wants

[analog ravine]

Just asking out of curiosity how competitive/beneficial is the point 72 academy

[pallid berry]

anyone know if Jump takes new grads? heard mixed answers abt this

[shut void]

did anyone do the citsec trading invitational

[ruby fog]

yo

[empty jacinth]

how easy or hard is it to go from quant at a medium to large bank to a trading firm?

[brisk ingot]

https://www.sparkim.com/role/two-week-internships/

45k for a 2 week internship? 💀

crazy

[deep cargo]

wtf.

thats literally a million a year 💀

[short sphinx]

shut up punk

[deep cargo]

leave me alone 😭

let me cry in peace

[short sphinx]

no

you literally are chilling

@deep cargo pivot to vc with me

[deep cargo]

ok sir 🫡

[brisk ingot]

yea nuts

tbf theres a phd cs one too

but how does the hr-adjacent one pay so much 😭

[vague sentinel]

It's basically a signing bonus, they're trying to lock in the top talent

The 2 week internship probably has minimal expectations

[neat summit]

I know of Jump new grads. But they did internships at Jump and are getting return offers

[winged dove]

I applied for their Trader/Software Role

Their two week internship looks a bit strange tho

Our internship runs only a couple weeks, so you will need to learn a lot in a condensed period of time

Okay maybe two weeks is a hyperbole

I think I could make a good fit for their trader role with my background

[thin bramble]

they're going to get everyone to apply

https://www.sparkim.com/role/strategic-planning/

600k base HR role

[half valve]

whats the source for this?

genuine question

or is every like s tier firm just looking for that

[deep cargo]

For new grad yeah they are

[half valve]

has anyone actually ever passed vatic/aquatic/headlands screen

[half valve]

spark does have a qt role

[thorny gate]

ye

[thorny gate]

i got destroyed by aquatic phone round

and then they didnt call be back the next year which is understandable

[ancient vortex]

Who's signed up for Prosperity, IMC Trading's trading challenge? 🦆

[thin bramble]

Is it for quant or dev

[willow portal]

my aquatic technical interview got canceled 1 day before because they filled the position :(((

[brisk ingot]

does old mission do internships, or do they only hire new grad?

[brisk ingot]

for summer?

I heard they have a small winter internship, but didn't know they did summer

😳😢

[haughty hinge]

QR or SWE?

[thorny gate]

swe

u?

[haughty hinge]

nothing Im not cracked

[vague sentinel]

so they just gave up on interns 💀

[obtuse flame]

from the discord heard it was 0 yield rate

lmaooo

feel like they should inspect themselves

[brisk ingot]

0 yield rate is wild

if the internship had more than a couple people

[deep cargo]

For qt no

[twin verge]

js, cit