In the ever-evolving world of finance, quant trading firms have become synonymous with cutting-edge technology and sophisticated strategies. Their ability to analyze vast amounts of data and make split-second decisions has revolutionized the way markets operate. But what is it really like to work at these firms? Sarah Chieng, a former intern at two top quant trading firms, HRT and SIG, provides a firsthand account of her experiences and sheds light on what these firms look for in employees.
Chieng’s journey into the world of quant trading began with a rigorous interview process. She describes the interviews as challenging, with a strong emphasis on problem-solving skills and quantitative aptitude. The firms were looking for candidates who could think critically and analytically, as well as demonstrate a deep understanding of mathematical and statistical concepts. It is clear that these firms value intellectual curiosity and the ability to thrive in a fast-paced, high-pressure environment.
Despite her successful internships, Chieng made the decision to leave quant trading and join a startup. This highlights an important aspect of the industry: it may not be the right fit for everyone. While the allure of high salaries and prestigious positions is undeniable, the intense nature of the work can be overwhelming for some. Chieng’s decision to pursue a different path demonstrates the importance of self-reflection and finding a career that aligns with one’s personal goals and values.
Sarah Chieng’s firsthand account provides valuable insights into the world of quant trading and the qualities that top firms like HRT and SIG seek in their employees. The demanding interview process and the need for strong analytical skills are key takeaways from her experiences. However, it is also important to recognize that quant trading may not be the ideal career path for everyone, and individuals should carefully consider their own aspirations and interests before diving into this challenging industry.
Read more at Business Insider