Working at jane street reddit. But for quant trading, Jane Street is top tier.

Working at jane street reddit That's roughly how easy/hard it is. A24 (est. Jane Street has a harder interviewing process though. yminsky already does a good job of describing what Jane Street does, and it's not boring work: high-performance, real-time trading with exacting requirements for correctness. Work comes first, always. However, I am a freshman in college right now and am currently learning on to code. If you’re smart enough to land offers at wherever you end up clearly they think you’ll be fine. But for quant trading, Jane Street is top tier. you may be asked to formally prove your assumptions on the whiteboard. I'm not a math/CS/quant/etc. Having Jane Street on your resume is the equivalent of having HBS on your resume. A Big N spot will always be there, JS will not. Don’t take this interview lightly. My friend at Jane Street told me that what people will do is that they will intern at Jane Street after they graduate and already have a full-time job and this tends to be the better way of working your way into the company if you are roughly 1-3 years out of college. that are known for quant. The books you listed sound fairly complete, a lot of these interviews are just problems like that, but faster (and in my experience leaning towards the simpler probability questions, things that are reasonable for someone to calculate in minutes). The two former Jane Street Group traders accused of stealing an Indian options-trading strategy for Millennium Management countersued their old firm, saying they left because they were disappointed in their 2023 pay packages. I want to start from an early age as to how I can boost my resume, strengthen it, and make me appealing to such companies. Jane street is a SIG spin-off. Jane Street and Citadel will hire from plenty of universities (would probably need a top 10 uni at least for internships/new grad though) and companies if the work you did/the skills you've shown in your CV align with what they're looking for. Jane Street is unheard of wlb in the fintech space; I'd 100% recommend working there if you prioritize wlb heavily but you still want very high tc (afaik our tc is the best available to the average developer rn). not really your typical algorithms/dsa question. a common question is to implement a board game. This isn't true, especially if you have industry experience. I've searched this subreddit for a list of highest paying companies in London, but couldn't seem to find anything. I was wondering if anyone who went through the on-site interview process at Jane Street would be kind enough to share their experience. The money is very good though and if you survive you can make serious money. The issue is that these firms become harder and harder to start. Don’t work there but have some understanding of their work. Take the number of available spots, divide it by the success rate after initial phone interviews, divide it again by the number of (serious) applicants. Going through campus recruiting (instead of just online) definitely helped. Jane Street will absolutely not ever invite you back if you show yourself to be so far out of your depth that they have no idea how you even got the interview. I mean pretty much every firm is a spin off of older firms. and their only requirments is for you to be insanely good at maths. Mar 14, 2021 · I applied to Jane Streets Quant Trading internship in 2019. Have read the interview process is quite tough/competitive. I am currently interview for Jane Street as a SWE Intern for Summer 2023. Our goal is to give you a real sense of what it’s like to work at Jane Street full-time. This rating has decreased by 2% over the last 12 months. on glassdoor) and I could solve pretty much all of them instantly. Word on the street was this kid was guaranteed 1. We would like to show you a description here but the site won’t allow us. why these interviews tend to be described as difficult I am completely aware that my chances of working for Jane Street are close to 0 (especially as they reject most people straightaway without giving them a chance by some kind of tests, let alone by an interview, which is kinda weird). I got called for phone interview, and now progress to the final round? They ask me for an entire free day, and I was wondering what to expect from the interview. He got Citadel, however I don't think that he ever ended up getting interviews at all for Jane Street and HRT. I've gone through former Jane Street questions (e. Instead, Jane Street almost resembles an anarchist commune, informally led by a group of 30 or 40 senior executives. Does Jane Street have faster connectivity to other venues with similar products, and so they can aggressively take against makers knowing that the market is already higher or lower elsewhere. I have a final round trading interview coming up with Jane Street for an internship and don't really know how to prepare. they build on top of the last part. I work in tech and I WFH so I drive a modest car (since I don’t drive much) and live out of a cheap 2-bedroom apartment 30 minutes from the city (since I don’t need to be close to the city). Most don’t ask that you have a lot of financial knowledge and they won’t quiz you on it, but they care a lot about your motivation (why them and why this area of interest), so here knowing some I did a BUNCH of dice game problems. Not really. 7k interviews, 43,798 employees) Microsoft: 0. im receiving coding challenges and call backs from hrt, jump, akuna but i really wanted to interview for jane street. I'd choose someone who knows 90% of what they need to know who I'd enjoy working with (fits the company culture) than someone who knows 100% of what they need to know who I'd never want to speak to, trust with any personal information, etc. And i know guys from my uni who worked for HRT and some guy from our uni has worked for jane street as well. as people form top iits generally fall in that criteria that is why they only go there. Idk I might be overthinking it. 5m in his first year for Citadel Securities (they also hired his professor for guaranteed 5m in the same year to 'mentor' him and work as researcher) Incidentally the kid left after 2 years and now apparently is helping the Saudi Investment Fund build quantamental strategies. that is why jane street will take anyone who can solve REALLY tough maths problems. Solved it brute force with tiny amount of guidance but couldn’t think of best solution (I realized what it was once they started explaining) and I also did not study big o enough so stumbled a lot when asked about it. After that, I studied some game theory and focused specifically on open-ended games bc Jane Street loves those for later phone rounds and somewhat for the onsite as well. When I offered to refer him to AI Foundation, he said he should hold out for a year (understandable, since he is a new grad who just started). idk whats wrong with my resume. Jun 26, 2022 · If you look up Jane Street there are very few non-targets IB is chock full of non targets Also you're a prospect using Reddit to prove a point against people who are actually in the industry and know people at Jane Street/Citadel/et al. Hey! I would like to eventually work at a company like Jane Street or Two Sigma as a software engineer. A typical day we would get hundreds of alarms, handles dozens of questions or troubleshooting on a slack channel and be working on project work. Do not pass up the networking opportunity. less focus on pure runtime and more or style. Oct 29, 2015 · I just had a first round interview with Jane Street for a research intern position, and I needed interviewer prompting/help on every single question to get the right answer. How are the people though? The post describes traders as toxic and engineering actually sucks. I'm talking about companies paying >£70k for a fresh grad. g. 1k interviews, 165k employees) Stripe: 0. Nov 18, 2020 · Jane Street Compensation Expectations. Jul 29, 2024 · I have an upcoming final round interview for a SWE full time role at Jane Street. 83 (1. Most don’t ask that you have a lot of financial knowledge and they won’t quiz you on it, but they care a lot about your motivation (why them and why this area of interest), so here knowing some For SWE, Jane Street has a bit better reputation in terms of engineering quality. Jane Street does tend to cut a lot of people before the interview, so getting one is a good sign. clean code, and fast execution. I don't work at Jane Street, but I feel like the chances of someone on this thread working there and seeing this post are low so I'll give general interview advice. Over the course of your internship, you will explore ways to approach and solve exciting problems within your field of interest through fun and challenging classes, interactive sessions, and group discussions — and then you will have the chance to put those lessons to practical use. I'm an incoming CS (+math hopefully) freshman at a T-100 US university. HRT coding interviews are pretty optimization based in my experience and Jane Street asks coding questions, but they are much harder and require a better foundation in mathematical intuition than the average leetcode question i. I say this as a former Google intern, and I have many friends who interned at JS. It's also impossible to know those numbers unless you work in HR at Jane Street. u frequently see them sponsoring maths yt channels like standupmaths and 3b1b Yeah but either I got a return offer in which case they suspect I’m using them for negotiating leverage, or I didn’t get a return offer which is a bit of a red flag (not sure how hard it is to get a return offer from Jane Street, but still it’s a sign that I didn’t perform well enough to impress them). It's also used in some major open source projects. you'll also notice functional programming approaches- for example, rather than storing state, they'd much rather have you compute from scratch. Since the application process itself is often nothing short of herculean and time-consuming to boot, this place is meant to serve as a talking ground to answer questions, better improve applications, and increase one's chance of being 'Referred'. Also kind of the opposite boat, I got interviews with Jump Trading and Jane Street one year and no interviews from anything close to big 4; kind of stung at the time. Jane Street has an overall rating of 4. they tend to like map/graph questions but not very complicated. AFAIK, Facebook pays ~£75k, Bloomberg ~£70k, and trading firms like Citadel, Jane Street and Two Sigma pay >£100k. Jane Street: 1. It’s pretty competitive though. Reviews from Jane Street Capital employees about Jane Street Capital culture, salaries, benefits, work-life balance, management, job security, and more. There are people who are smart enough to get into these firms but not people who I'd ever want to sit across a desk from, speak to, or work with. Question was to return indices of a string that appeared exactly once in two given lists. Know the difference between two sigma, citadel, de Shaw and Jane street. 2012) is an independent film & television studio that has helped bring indie film and filmmakers into the mainstream while also building a popular company brand I knew a dude who interned at Optiver last summer with a pretty competitive candidate profile (really high gpa, decent non-target school, good projects). 13 (5. 2k interviews, 656 employees) Facebook: 0. Feel free to ask more :) EDIT: This is general advise not related to any given company. It's about fintech firms in general, not just Jane Street. 5 weeks and am not too sure what to prep on other than standard algos. My dream company to work for is Jane Street Capital in the New York office. I recently finished my interviews with Jane Street research (in NYC). The grads also tend to be nearly exclusively from high ranking schools, the most common being Carnegie Mellon. Mar 24, 2021 · Quite frankly I'm really pleased, but I've heard the interviews are brutal. they are far better engineering wise than facebook/google. About the Program. I would ideally like to be a SWE at a firm like JS, Citadel, HRT, Akuna, etc. major (just finance), but passed the pre-tests just off the mental math and stuff. 4 out of 5, based on over 614 reviews left anonymously by employees. Being versed in the hedge fund space should be helpful. Project was mostly generating massive PRs with XML changes to config files to roll our new strategies or update existing ones. Edit: title is kind of misleading. I know they have more coverage for certain "assets" like Bitcoin, since they are an Authorized Participant on all BTC spot etfs in the USA. Jane Street uses mostly functional programming with Ocaml. The only real difference is you’re more constrained to working around market hours. Jane Street has an overall rating of 4. For Jane Street, I think, there are still just Leetcode problems (at least in the first rounds, for swe). 11 (324 interviews, 2835 employees) Does anyone have a potentially reasonable explanation for this? But you have to admit that Quantitative Traders need to be naturally intelligent becuase the job requires that. Edit 2: I mean very high paying fintechs like Jane Street Someone told me that top fintech firms that pay like $70/hr for SWE interns take ppl who do well in programming competitions. Facebook is unlikely to match Citadel/HRT/Jane Street in compensation for the internship (or more importantly for new grad and growth to senior), but you'll get to see what it's like working at a big tech company (working hours, pay, work culture, lifestyle etc). I do also know, however, that it's notoriously hard to get into. It’s like working anywhere else if the work load overcomes you then you’ll either make it up or eventually get let go. That being said, JS has one of the longest and most difficult interview processes - you might have 2-3 more technical screens before an on-site. Do your research. Optiver is known for a better culture and work life balance. Be professional and sharp. The impending recession/depression will be enormously profitable for prop shops as volatility skyrockets. jane street is one of about one companies in the world that takes functional programming seriously and two sigma has a netbsd developer pretty high up. Citadel is a brutal place where they fire people for fun. part of this is because of the functional aspect of ocaml which makes mutable data structures moot. Got rejected. I have one for SWE in ~1. I have a bachelor's and 3 years of professional SWE experience. 05 (9. Jane Street is the best of the three in terms of reputation. hm they changed the name to trading desk ops engineering for more appeal, it’s rly just trading desk ops. Most people working in Jane Street / Optiver are either Olympiad medalists or brilliant IIT graduatesI mean, hardwork will give you a good paying job, but 500k+ salary at these sectors requires you to be smarter than the smart guys Jane Street has an overall rating of 4. For other fintech companies, it depends. Everyone in the finance/Wall Street knows about them. 14 (349 interviews, 2492 employees) Citadel 0. Also, went front to back on greenbook, heard on the street, and then grinded HMMT and AMC probability questions. kinda want to resend my reaume with a different email in case i got auto filtered Fair. They all have first class degrees, but they also have something more Jul 29, 2024 · I have an upcoming final round interview for a SWE full time role at Jane Street. My “unbiased,” uneducated take on prestige for JS and HRT as a total outsider to HFT is that I perceive JS as being more “prestigious” partially because it seems to have a bit more nepotism involved and hires more from a set of expensive private universities (with Waterloo as an outlier as it’s public), while HRT seems significantly less nepotistic and less school-selective Working at a Jane street as an engineer means you can likely work at any top tech company you want. Jun 23, 2021 · Someone I know is a quant at Jane Street and says the work is stressful and boring. However, if you simply don't make the cut or if you mess up the interview(s) but are still a competent person and potential future candidate, they'll mark you down and you're actually a I think you can work at top fintechs even if you aren’t from top 10. It can be seen a mile away if someone knows wtf they're talking about or is lying through their teeth. Had four phone interviews and then the oniste with 4 interviews. If I had the choice it's JS. This subreddit is for all those interested in working for the United States federal government. . HRT is a SIG spin-off. it is heavily operational but the pay is good but you’re the least paid on the trading floor so idk if you’re okay with being seen as the person that couldn’t be a swe but some tdos have turned into swe some have no coding background at all coming in. I spent some time reading Glassdoor and previous posts, but it'd be nice to have a better picture! There are definitely some real use cases of it - Jane Street and Facebook both use it (Jane Street is probably one of the few places to use it as the main coding language though, to be fair). Correct me if isn't right, but aren't quants supposed to have great IQ bcoz my idea of quants are those software engineers who use math to perform market neutral short term strategies. Akuna is an Optiver spin-off. aim the crypto space, Wintermute is an Optiver spin-off and Alameda is a Jane street spin-off. They aren't the biggest but they have the "best people". News articles, academic work, topics for debate--this is intended as a place to explore Islamic finance. First of all, don't try and bullshit your way through an interview. A smattering of titles have been reluctantly adopted in recent years, but internally they are little used and people rotate around the firm to keep things fresh. e. 89% of employees would recommend working at Jane Street to a friend and 76% have a positive outlook for the business. I am barely curious about which company is regarded as the best by people in the industry. Jan 5, 2023 · In the past two years, Jane Street has hired over 10 computer science, maths or physics graduates into London, mostly from Cambridge University but occasionally from Oxford, Bristol or Imperial College. I believe I'm going to get an offer, and I have a call with them soon where they might ask me about expectations. My school i like top 4 in Canada for CS. Though you may get some tough leetcode questions, what they're mainly gonna look at is your ability to talk through a problem, explain your thoughts, and see that you ask questions regarding certain assumptions for The point of a blog post like this is to give information to people who have already answered for themselves the whys of wanting to interview at Jane Street. It's incredibly nice to code in: algebraic data types and strong typing are godsends. I’ve seen them hire quite a few Ivy League math For SWE, Jane Street has a bit better reputation in terms of engineering quality. Is it really heavy on mental arithmetics? What else should I go over? Many thanks in advance! I had an interview there once, for the same internship. Jane street looks for very fast coding + extremely clean code. Posted by u/_quanttrader_ - 44 votes and 5 comments Its a very intense job and highly demanding. Is there anyone with some previous experience who would be willing to give any advice? Any help would be appreciated. 1&2 went well, the third was medium but the fourth onsite interview was dreadful. From what I've seen online, instead of giving you time to compute optimal strategy and expected value, they throw you into games where you have to trust your intuition and make sensible bets. unlike popular belief jane street is not a n hft. I'm intrigued by the fact that they primarily use OCaml for the sake of code clarity and from what I know the culture seems pretty good. okzayq jbador idbh tbdsr kvgyzj xizvr iytv bqvh eoinvz vaom