Quantitative Trader applicants have rated the interview process at Jane Street with 3.8 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 100% positive. To compare, the company-average is 71% positive. This is according to Glassdoor user ratings.
Candidates applying for Quantitative Trader roles take an average of 15 days to get hired, when considering 5 user submitted interviews for this role. To compare, the hiring process at Jane Street overall takes an average of 19 days.
Common stages of the interview process at Jane Street as a Quantitative Trader according to 5 Glassdoor interviews include:
One on one interview: 40%
Skills test: 40%
Phone interview: 20%
Here are the most commonly searched roles for interview reports -
A series of probability questions ranging from very elementary to quite challenging. The interviewer was keen to hear the thought process behind solutions and gave assistance where necessary. Overall a good interview experience.
The interviewer was very informative. The questions appeared basic initially, but they required deeper reasoning, strong fundamental knowledge, and careful problem-solving instead of simple, straightforward answers throughout the interview process.
The process was structured and intellectually challenging. It typically involves an initial recruiter screen, followed by probability, mental math, expected value, and game-style problem-solving interviews. Interviewers focus more on reasoning, communication, and adapting to feedback than memorized answers.
Interview questions [1]
Question 1
You have two opaque boxes in front of you. At each turn, you may choose one of two actions:
Place: put one coin into one of the two boxes, chosen uniformly at random.
Take: choose one of the two boxes uniformly at random, take all the coins inside, and empty that box.
You play for exactly 100 turns. Your goal is to maximize the expected number of coins you collect.
What is your optimal strategy?
Several phone calls to go to the final round. The phone calls consists of mathematical, probabilistic brain teasers which was not that hard for a mathematics major. Final round was to harsh for me, strong mentality is required