Quant Trader Intern applicants have rated the interview process at Jane Street with 3.6 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 72% positive. To compare, the company-average is 63.8% positive. This is according to Glassdoor user ratings.
Candidates applying for Quant Trader Intern roles take an average of 29 days to get hired, when considering 82 user submitted interviews for this role. To compare, the hiring process at Jane Street overall takes an average of 17 days.
Common stages of the interview process at Jane Street as a Quant Trader Intern according to 82 Glassdoor interviews include:
Phone interview: 38%
Skills test: 27%
One on one interview: 15%
Background check: 8%
Presentation: 5%
IQ intelligence test: 4%
Other: 1%
Personality test: 1%
Here are the most commonly searched roles for interview reports -
I applied online. The process took 5 weeks. I interviewed at Jane Street (London, England) in Jan 2022
Interview
The interview process continues for 30 minutes, ask 2 question about probability, one about calculating the expectation of a card game, which dynamic programming may be use. one about card game ask the maximum result. and the interview is over.
Interview questions [1]
Question 1
1. "There are two balls in a bag (either black or white). If you draw a white ball, put it back, draw again and it's still a white ball, put it back, what is the probability of drawing a white ball the next time?"
2. "There are 52 playing cards, 26 of which are red and 26 are black. If you draw cards randomly without replacement, gaining +1 for a red card and -1 for a black card, when should you stop to maximize your earnings?"
Went through 3 rounds of interview, all of which were focused on math. they started with basic questions and built up to harder ones. Also some behavioral questioins at the start of each round
Applied online and passed the resume screen, got invited to a first round, didn't pass, was my first time interviewing for quant and nerves made me answer not quite at the best of my ability
Interview questions [1]
Question 1
In a game you are given a distribution of marbles, how to figure out the maximum payoff without knowing the colors
I was qualified for the first round of the interview proccess. I was asked about the reasons why i want to become a Quant and why i applied in Jane street for this role. After I was asked two probability questions. The interviewer was ok but at some moments I wasn't sure if she was following my thoughts
Interview questions [1]
Question 1
Mainly I failied since I tried to give them a strict answer to one of the problems(which was impossible to calculate in this time) and the wanted to hear some intuitive approach which leads to approximately correct answer.