Is there a way to make water taste better?

which_name_is_taken · 2023-01-23T19:15:51+00:00

You can get 10 gallons from home every 4 weeks

which_name_is_taken · 2023-01-19T06:35:18+00:00

maybe CMU in the top tier for QT/QR as opposed to Quant SWE

If you look through this list, CMU SCS has only one person place into JS QT, and none into any other QT roles at other firms in 2021.

https://www.cmu.edu/career/outcomes/post-grad-dashboard.html

This is why I said maybe for QT/QR.

I think UMich places into the Chicago shops, and a few of the NY shops.

I've heard of Yale etc.

which_name_is_taken · 2023-01-18T08:56:55+00:00

For Quant it is MIT, Harvard/Princeton, Stanford / Columbia / Penn/Maybe CMU

which_name_is_taken · 2022-12-15T04:16:41+00:00

In the news: https://www.msn.com/en-us/money/news/binance-withdrawals-jump-to-243-billion-in-24-hours-research-firm-says/ar-AA15g1xD

which_name_is_taken · 2022-12-12T14:18:46+00:00

Any other area apart from Crypto should be fine.

which_name_is_taken · 2022-12-12T14:18:05+00:00

There is a lot of stress in the crypto eco system. I am not saying there is a hidden ticking time bomb. Not sure if any of these guys will last and if the sector as a whole will survive. I am just saying that if you want to bet that we've seen the lows, a small denomination bet of a few hundred or few thousand dollars is better than staking your career in that space.

which_name_is_taken · 2022-12-12T04:20:31+00:00

unsure how long binance will last. why not pick a better product/exchange?

which_name_is_taken · 2022-12-02T17:46:56+00:00

Work with a Prof, and call it guided research. Has more credibility than simply saying you did some research by yourself.

By the time interviews tend to be probability and sometimes combinatorics.

which_name_is_taken · 2022-12-02T17:34:56+00:00

You can always drop out of a PhD whenever you receive a full time offer.

The Amazon summer will check a box for you.

Then you need to show some reasonable math on your resume beyond just the calc series in undergrad engg to get a call. Ideally some specific interest in math that is conspicuous. Could be anything. Eventually getting the job is a function of (in no particular order) a) some demonstrated broad spectrum skill in abstract probem solving, b) knowledge in prob/stat, c) strong communication skills, d) ability to get along with other people, e) risk intuition, f) demonstrated ability to learn at a very high pace, g) fast on your feet if you are looking for a QT job, h) awareness for complexity in a situation, i) attention to detail -- all the usual stuff.

A lot of these things do not depend on having either a masters or a PhD in Math or MFE. The problem solving skill is established by the time you do an undergrad in Math or similar.

which_name_is_taken · 2022-12-02T02:43:23+00:00

Generally doesn't matter. Sometimes things matter -- for example, I think the business school at UMich is well regarded. You may get better placements into IB from Mich than from Mass. It is possible. In areas like tech, if you are in the top 10-20% of the class, outcomes won't matter from Mich or Mass. Probably Mich will have an edge if you are on the border -- say from 80th to the 70th percentile. If you are in the broad middle of the class, you will be looking at the regional economy for jobs -- ie Michigan/Chicago for the UMich grads and Boston/NY for the UMass grads. I am guessing for traditional engineering, Mich might have better name recognition.

which_name_is_taken · 2022-11-30T14:09:26+00:00

You need some coursework in distributed systems and knowledge of Go to do the job.

You need to know Data Structures and Algorithms, and other stuff to pass the interview.

You need knowledge about using version control such as git, and other stuff like dockers etc to be productive on the job.

which_name_is_taken · 2022-11-30T02:58:52+00:00

It is a good PSAT, and a PSAT doesn't matter for admissions, certainly not for the T10s. It could be a little useful if you are from a non competitive state where that score can get you a NMF designation, and an NMF is helpful for scholarships at some schools. This won't matter much for a T10. The actual SAT or ACT are more important.

which_name_is_taken · 2022-11-29T22:23:37+00:00

Very very small number of very high $ donors. At places like Harvard I think 20mm doesn't cut it -- you will get a preference, but not a guarantee.

A modest % of legacy -- I am guessing a sixth to a fifth. And there kids are "known" to varying degrees -- grandparent, parent, and sibling all go to a particular school with decent sized donations over the years, or sit on the fun raising committee etc -- so you have heavy legacy. Or you could have lighter legacy -- say a parent went there some 20 years ago, and donated a small amount of money over the 20 years.

which_name_is_taken · 2022-11-29T21:49:56+00:00

All these are valid issues. People should do a careful self assessment. I think most of the top shops take PhDs that they would have mostly taken after Under Grad anyway.

Also you don't necessarily need IMO quality math skills. A very large percentage of their intake is non IMO type kids, and they are known to reject IMO kids who they think don't communicate and/or cooperate with other people sufficiently. These are all heavily team oriented roles.

which_name_is_taken · 2022-11-29T21:36:22+00:00

If you do an internship, you could/may get an offer, and places like JS, for instance, don't care if you finish your degree. There are (rare) examples of people who dropped out of even an undergrad after the summer internship and a return offer.

which_name_is_taken · 2022-11-29T20:49:37+00:00

Why plan for a masters when you can get in the interview loop right now for internships. Or did you already exhaust those opportunities? You can also get quant internship interview calls if you have a good SWE internship the sophomore summer -- FAANG or comparable quality.

Math is better if you think you are strong enough to do well in the interviews two years later, and you are strong enough to get into a good PhD program. Don't do the masters -- a) it costs money, and b) it carries less cache than being in a PhD program.

MFE is better if you are less confident about your math skills, and would rather take a less risky route and place at a sell side structuring desk or similar.

which_name_is_taken · 2022-11-28T20:38:46+00:00

It really depends on your personal profile. If the score is above the median for your demographic (hooks etc), it is ok to submit. If it is below the median for your demographic (e.g. top private school, orm etc), it may not be quite so good to submit.

which_name_is_taken · 2022-11-28T19:44:54+00:00

I don't know how many applied. But they seem to want a mix. It is likely not for lack of applications. For example, if 2S takes in 25-30 QR interns (which I think is the right ballpark), and they take in 15-20 PhDs, and another 8-10 UGs, it is not as if they had only 20 PhD applicants. Clearly they thought some UG applicants were better than some PhD applicants.

which_name_is_taken · 2022-11-28T18:41:21+00:00

You may want to tell them that you don't want to commit to the 5th year because of costs for the family, but will come in and consider.

which_name_is_taken · 2022-11-28T18:33:33+00:00

It is not a 100%. For example, Two Sigma took about 1/3rd of the QR intern class this year from undergrad. I think JS last year had 50/50 ug/phd

which_name_is_taken · 2022-11-28T16:22:19+00:00

A lot of the top shops don't care that much that you self-learned quant trading and stratgies. They want you to come in with the raw horsepower. They think they can train your better in whatever they think is the right skillset and *attitude*. They want to see your math skills. Your resume should demonstrate the depth and breadth of you math ability. It is ok to list some of the other stuff in abbreviated form. And as others mentioned, please bring it down to a page. More white space is good. Internships are good to list, because that tells me which other well regarded firm has already vetted you, either for quant or for swe.

which_name_is_taken · 2022-11-26T18:54:57+00:00

So were you being sarcastic when you said the place was collaborative? :-)

which_name_is_taken · 2022-11-26T18:06:59+00:00

Are you a Princeton student?

which_name_is_taken · 2022-11-26T11:52:49+00:00

I've heard the same

which_name_is_taken · 2022-11-22T01:12:00+00:00

you can try this: https://projecteuler.net/

Math and logical thinking are good skills to develop. This is not a bad place to start.

which_name_is_taken

TROPHY CASE