Working at jane street reddit. That's roughly how easy/hard it is.
Working at jane street reddit It’s pretty competitive though. 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). Any posts or comments that are made by inexperienced individuals (outside of the weekly Ask thread) should be reported. But if you’re into that go for it. Jane Street has an overall rating of 4. But you have to admit that Quantitative Traders need to be naturally intelligent becuase the job requires that. Feel free to ask more :) Jane street looks for very fast coding + extremely clean code. new grads are usually in the 200-250k range. as people form top iits generally fall in that criteria that is why they only go there. as a result they are willing to pay big bucks for top talent because they know For SWE, Jane Street has a bit better reputation in terms of engineering quality. My OA at Jane Street were 3 LC Hard and a Pandas' spreadsheet problem in 1:30 minutes, barely solved 1 Hard and the spreadsheet problem, didn't pass the OA. Because the pricing model for SPY/VOO is just the cost of the constituent stocks, and Jane St is allowed to issue more of the ETF ( unlike stocks, like options ). E. sign on depends how much they want you. less focus on pure runtime and more or style. That's roughly how easy/hard it is. 89% of employees would recommend working at Jane Street to a friend and 76% have a positive outlook for the business. 0, and some cool but not huge projects. Jane Street has a harder interviewing process though. and their only requirments is for you to be insanely good at maths. We look forward to connecting with you again! 300k base pay is for experienced hires. Additionally, what kind of working hours are expected when making this kind of money? I assume 40/week is not even up for discussion? I am under the impression that most financial careers expect a tremendous number of working hours - like 50/week is on the lighter end, and 60+ is more typical. that is why jane street will take anyone who can solve REALLY tough maths problems. g. they can leverage talent in a way that big tech cannot. , COO, Chief Risk Officer), buy-side PM at quant/systematic funds are common exits. 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 We would like to show you a description here but the site won’t allow us. It might also look good to other companies if I choose to shift to Jane Street/Two Sigma/D. 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. Bloomberg more media / product focused. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. The vast majority of SWEs employed in Wall Street work for various firms big and small that you'd be fairly lucky to break 200k-250k TC decades into your career. I'm at a target, applied sophomore year with good experience, 4. Know someone working at Jane Street: was top 40 on the Putnam. 7k interviews, 43,798 employees) Microsoft: 0. 13 (5. 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. 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 am 32 years old and might want to relocate to New York for personal reasons. The only real difference is you’re more constrained to working around market hours. . Nov 8, 2021 · …… äo¿¬þ÷狲粶 ך9Î . I am barely curious about which company is regarded as the best by people in the industry. I would ideally like to be a SWE at a firm like JS, Citadel, HRT, Akuna, etc. I do also know, however, that it's notoriously hard to get into. Got the "keep us in mind for next year" or whatever rejection but they actually do mean it; I did Faang that summer instead, they reached out my junior year and I got a phone screen. I work in custody operations mainly on trade settlements you can gain more knowledge on the operations part of the IB and asset administration, Safekeeping, and and custodian banking. The money is very good though and if you survive you can make serious money. Jane Street: 1. hm they changed the name to trading desk ops engineering for more appeal, it’s rly just trading desk ops. They all acknowledged that you work extra hours typically, but learn a lot and have time to do things outside of work. How to get into jane street/hrt/fr etc I’m currently a sophomore who will be at one of either (datadog or amazon) over the winter and one of either (optiver, imc, or dwr) over the summer. It is a good organization. 5k a month Most tech companies are around 7-7. this candidate had a competing offer from citadel HF. V. 4 out of 5, based on over 600 reviews left anonymously by employees. Financial Conduct Authority, and Jane Street Netherlands B. I've gone through former Jane Street questions (e. part of this is because of the functional aspect of ocaml which makes mutable data structures moot. idk whats wrong with my resume. The people featured in these videos jumped at the chance to tell you firsthand what makes Jane Street a rewarding place to work. If I had the choice it's JS. More practical towards quant / trading imo. Places like Jane Street and their like obviously pay technology employees very well. why these interviews tend to be described as difficult im receiving coding challenges and call backs from hrt, jump, akuna but i really wanted to interview for jane street. I'm an incoming CS (+math hopefully) freshman at a T-100 US university. i don't 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). Also, went front to back on greenbook, heard on the street, and then grinded HMMT and AMC probability questions. they build on top of the last part. 83 (1. u frequently see them sponsoring maths yt channels like standupmaths and 3b1b EDIT: This is general advise not related to any given company. ) and Jane street looks like a very interesting option - solve complicated real world math problems using functional programming language :) Sounds like a dream job! I have two questions: It's been a year for me in State Street. 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. 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 Jane Street is the best of the three in terms of reputation. 2k interviews, 656 employees) Facebook: 0. Jane Street uses mostly functional programming with Ocaml. 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 For Jane Street, I think, there are still just Leetcode problems (at least in the first rounds, for swe). 1k interviews, 165k employees) Stripe: 0. a smaller company like JS is able to leverage talent by playing to the strengths of their people in a way big tech cannot match. In the meantime, if you'd like to learn a little bit more from Jane Streeters who work in a variety of roles, check out our series. I cant speak for newgrad offers but I know Two Sigma/Jane Street intern offers are substantially better than most companies including google/fb/amazon/microsoft For interns: Two Sigma/JaneStreet are around 10. Seconding Jane street. Either way both insanely good on the resume. Everyone in the finance/Wall Street knows about them. Citadel is a brutal place where they fire people for fun. You have to tell us what the process was like and what questions were asked so we can help you. Regulated activities are undertaken in Europe by Jane Street Financial Limited, an investment firm authorized and regulated by the U. unlike popular belief jane street is not a n hft. For other fintech companies, it depends. However, Jane St can trade fully-hedged strategies in equity market through writing/redeeming ETFs. This subreddit is for all those interested in working for the United States federal government. a common question is to implement a board game. 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. If you’re smart enough to land offers at wherever you end up clearly they think you’ll be fine. 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. kinda want to resend my reaume with a different email in case i got auto filtered I am 32 years old and might want to relocate to New York for personal reasons. 14 (349 interviews, 2492 employees) Citadel 0. 5k a month CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. The grads also tend to be nearly exclusively from high ranking schools, the most common being Carnegie Mellon. Shaw/Prop Trading Firms. It's also impossible to know those numbers unless you work in HR at Jane Street. The latter is especially attractive for people with portable strategies that can work within a hedge fund/asset manager (usually low-mid frequency arbitrage and event strategies, HFT/market making doesn’t lend itself well to this). But they represent an absolutely tiny, tiny, tiny slice of the pie. that are known for quant. 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 Don’t work there but have some understanding of their work. ) and Jane street looks like a very interesting option - solve complicated real world math problems using functional programming language :) Sounds like a dream job! I have two questions: It’s like working anywhere else if the work load overcomes you then you’ll either make it up or eventually get let go. 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. Jul 29, 2024 · Yeah, my friend did Jane street interview 1 year ago. 05 (9. Idk I might be overthinking it. I say this as a former Google intern, and I have many friends who interned at JS. There are a few paths you can take to becoming a software engineer at Jane Street, but they all involve a technical interview that takes place over Zoom, and continue with later-round interviews that are mostly, if not exclusively, focused on collaborating on a series of coding problems. ` 'åoK?i*¥¥£d Šx^™‘¶ØÊúÛ‘þïWZ y[®— H ï•q;È ò±ƒ 04 ¡eòsÕ3Šˆ ˆ • á i€£ M0;l AXå½ EDIT: This is general advise not related to any given company. Posted by u/djwoodie98 - 8 votes and 26 comments I think you can work at top fintechs even if you aren’t from top 10. 20 votes, 18 comments. I fell in love with functional programming (e. highest guaranteed 1st year JS offer for a new grad i've seen was 900k in 2021 (expect lower for 2022+), which included sign on. 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. 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. I did a BUNCH of dice game problems. you'll also notice functional programming approaches- for example, rather than storing state, they'd much rather have you compute from scratch. The structure of SWE interviews at Jane Street. true. 4 out of 5, based on over 613 reviews left anonymously by employees. 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 News articles, academic work, topics for debate--this is intended as a place to explore Islamic finance. , an investment firm authorized and regulated by the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten), and in Hong Tough question tbh, not sure how likely you can go to step soph given you already got freshman offer but rejected it, STEP is the more general choice since you’ll be doing more SWE work, but if you want to increase your chance at JS specifically, then JSIP is better, looking on LinkedIn the work you do at JSIP is still substantial but a previous JSIP fellow is now incoming at step clean code, and fast execution. my smart ass usamo/usaco/usapho science fair finalist shit friends complain that they don’t do any meaningful work in big tech. Jul 29, 2024 · Second: Check the FAQ (work-in-progress, not actually useful yet, I'll remove this comment when it is) Third : Search for prior posts on the subject Fourth : Post post post Jane Street has an overall rating of 4. This isn't true, especially if you have industry experience. not really your typical algorithms/dsa question. on glassdoor) and I could solve pretty much all of them instantly. As someone in quant finance who has managed a dozen or so interns over the years and hired the good ones, my top tips are: be professional (bring a pad and pen to every meeting and write down your todos, reply to emails promptly, be clear about expected deadlines and then meet them, arrive at all meetings a minute early) and have a positive, enthusiastic, humble, and easygoing attitude. My dream city is New York City, so for my junior year internship I really want to work at one of the nyc trading firms (js, fr, hrt etc). 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. 92% of employees would recommend working at Jane Street to a friend and 82% have a positive outlook for the business. on site would be ur final round though I do remember that my recruiter specifically said something along the lines of "you should expect 3 rounds and maybe 4 if they wan't to see a little bit more" with "it is possible that you may get another round of interviews if they're really on the fence with you but otherwise this really should be it". Try /r/work, /r/AskHR, /r/careerguidance, or /r/OfficePolitics. Anything not specifically related to development or career advice that is _specific_ to Experienced Developers belongs elsewhere. They aren't the biggest but they have the "best people". 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'. expected bonus should be somewhere in the ball park of base pay for new grad. Got rejected. 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. 11 (324 interviews, 2835 employees) Does anyone have a potentially reasonable explanation for this? Jane street. 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. 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. But for quant trading, Jane Street is top tier. Ie zero-risk options market making. Know someone else who got an offer from Jane Street: head TA for functional programming / does PL I understand the culture is different than most companies and might be considered toxic, but as a new grad, I don't think it'd be wise to pass up the opportunity to work at the biggest hedge fund in the world if I get the chance. , Haskell, OCaml, lisp, etc. Fair. A lot has changed in 1 year Jane Street has an overall rating of 4. K. 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. Have read the interview process is quite tough/competitive. This rating has decreased by 2% over the last 12 months. 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’ve seen them hire quite a few Ivy League math Jane Street does tend to cut a lot of people before the interview, so getting one is a good sign. My Google's hardest round was an LC Hard in 45 minutes with some follow-ups, passed it and working for them. My school i like top 4 in Canada for CS. I am currently interview for Jane Street as a SWE Intern for Summer 2023. I had the chance to meet the engineers, traders, and bizdevs at the company, and I can definitely say that they are really humble, want to learn a lot, and generally really smart. they tend to like map/graph questions but not very complicated. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. Question was to return indices of a string that appeared exactly once in two given lists. And i know guys from my uni who worked for HRT and some guy from our uni has worked for jane street as well. 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. Optiver is known for a better culture and work life balance. Trading desk head, partner-level/C-suite roles (e. 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 My dream company to work for is Jane Street Capital in the New York office. xzxsrokeimsfpuklhxcoqnfrhcbbhzulvfrkqanqnkqeqfwku