I met a coule of quants with average MSc degrees from average schools, sub-par work experiences but with egos of Nobel Prize winners. I was very surprised to see the mediocrity of these two quants because I had read that GSA had only recruited 25 profiles out of 10000 in the last few years so I was expecting people working there to be Quants from the top 10 schools with Quantitative PhDs (which is my case). The recruiter had mentioned to me prior the interview that GSA looked as much at personality fit than skills so I was really on my best behaviour and within the Quant community I am usually known to be pleasant and easy to work with. However, both of these interviewers had severe personal issues. The first one wouldn't tell me about his background because "he was the one asking the questions" and the second thought that a multi linear regression (MLR) was the best Machine Learning Techniques and would scowl at me when I would confront him with the fact that the assumptions behind an MLR around returns being i.i.d were violated by the observed data and that as a result taking a Bayesian approach had more potential in my opinion. As a result of giving my honest opinion and seing through his facial expression the kind of tantrum anger you see on pre-adolescent children, he then went on a rampage trying to make me fail in his next few questions which I answered correctly but instead of moving on to the next ones quickly, he tried to make me fail with stupid details instead of help me show my best through asking additional conceptual questions and bringing the conversation to an interesting level of abstraction in which interesting trading ideas could emerge. I lost interest in GSA as a result of these interviews (GSA was amongst my top 10 preferred places to work for before that). It's a shame. I don't understand why management decided to put these two clowns as the face of GSA. They really give a poor image of the company. Currently, my best offers are with Goldman Sachs and the Man Group. It would have been good to be able to compare an offer with GSA.
Quantitative Researcher Interview Questions
3,500 quantitative researcher interview questions shared by candidates
How are you today
Some basic questions about Gaussian variables, independence, and so on; Find sum of all numbers of the form 0.abcabcabc with a,b,c distinct numbers between 0 and 9; Find the distribution of wins/losses in a game
Estimate the number of futures held by hedge funds?
1.Dice game- had to calculate probabilities of outcome for a game of dice(probability) 2. Game like prisoner's dilemma.. Had to find optimal strategy 3. If I have a jar of 100 coins and drop it, what is the probability that over 60 coins have heads
You and I throw a coin 3 times. What is the probability that we get the same number of heads
How likely will you accept the offer compared with other companies?
throwing a dice until the face 6 comes up two times, what is the expected stopping time
If implied volatility is lower than realized, how does one make money hedging a call option?
draw random variables from uniform distribution[0,1], stop when the sum exeed one. what's the expectation of the sum?
Viewing 101 - 110 interview questions