So I might go work for a hedgie...

coolweb · Feb 28, 2006

Quote from The Kin:

Still no response back, I called them up and my contact was "out of office today."

Back to daytrading

rufus_4000 · Feb 28, 2006

Quote from pepper_john:

nowadays man programmers are called quant analysts. If you are asked many java questions, you will likely be a programmer.

Not necessarily, most quant modelers and analysts doing statistical modeling are expected to know how to code, in C/C++, Java, and at least one statistical language (S-Plus, Matlab, etc). In fact, the coding competency level expected for quants have only gone up over the years, due to the rise of algorithmic trading desks.

However, the interviewer shouldn't ask any "software engineering" type of questions, such as design, code maintenance, etc. Since quant models are experimental, so it is very much "hack it up so it works", anything involving detailed formal design would fall into the technology area.

The Kin · Mar 1, 2006

Quote from pepper_john:

nowadays man programmers are called quant analysts. If you are asked many java questions, you will likely be a programmer.

I know nothing about Java

I know very little about programming.

Anyway, she is legitimately out of the office which is why i might not have gotten an email back as of yet. The suspense is killing me!!

Kastro_316 · Mar 1, 2006

Is it possible for people to get hired in an hedge fund without a MBA or related degree, and just on track record and certain licenses alone? Not asking for my self (Still in school) but I was just curious.

Let us know when she calls you back

-Kastro

newbunch · Mar 2, 2006

Quote from Kastro_316:

Is it possible for people to get hired in an hedge fund without a MBA or related degree, and just on track record and certain licenses alone? Not asking for my self (Still in school) but I was just curious.

Let us know when she calls you back

-Kastro

Possible, yes. Likely, no.

It really depends on what job you are applying for. If you are looking for a quant type job, as The Kin is, most won't talk to you unless you've got a PhD from an ivy league school or something equally impressive.

The Kin · Mar 4, 2006

Still no call back :eek:

The Kin · Mar 7, 2006

Tuesday afternoon... still not a call or email. I think it's safe to say that it ain't happening.

It was really odd because they invited me up to New York and I accepted. But they never wrote back after that :mad:

Kastro_316 · Mar 7, 2006

Can you shed some light into what the interview was like? What kind of setting, and what type of questions did they ask?

I hate when they DONT even have the guts to call you back...
-Kastro

RunTrade · Mar 7, 2006

Quote from The Kin:

^ I know

But I am looking to brush up. I've cracked out a couple books from my college years:

Applied Mergers and Acquisitions by Bruner
Financial Calculus by Baxter

I'm also tring to build that god-damned Black-Scholes pricing formula into excel plus some other features I hope they will enjoy. Or am I wasting my time?

Sorry about no call back...

You should be able to find Black-Scholes excel ready downloads online. I am at the beach and dont have all my resources with me. Try the search engines. Some text book companies have it available.

limitdown · Mar 7, 2006

Quote from late apex:

Aah, what I was for many years, before coming to my senses... You'd better curl up with Dr. Crack, then. In a rush? score it instantly, same price.

outstanding reference, thanks....