Life at Quant Trading Companies?

Question

Hi all,I have a double bachelors in Accounting &amp; MIS. Also attended a coding bootcamp to gain the technical skills that my MIS degree didnt give me. Well other than a year long internship in .Net/DevOps.Ive always been good at quantitative tasks. I took a college level stat class in high school, tested out of college algebra after a few weeks of review and did very well in elective econmetrics and business forecasting courses in college.&nbsp;I've been looking at applying for software engineer positions at Quant Trading Firms (like TwoSigma). Would anyone know what life as a SWE at these compankes are like in comparison to MAANG/FAANG, or other well known companies?

bd103koooa · Accepted Answer

If you are a top 5-10% performer at FAANG, you will likely get a job at a top quant firm like Jane St or TSig. Good luck!

peicea · Answer

Culture wise, it's pretty competitive. Most of the team is comprised of phd level mathematicians and comp scientists with a hyper focus on finance. It's easier (relatively) to pivot into quant as an swe versus trader. I'd argue most traders today have been in some quant related field since high school, such as math competitions (ARML). As a swe, you need to have near perfect skillset, interest in finance is a bonus. The salaries can get extreme as you can see from the levels data on here in fact. Brand names will get your resume looked at, but you wont survive as a quant swe if you're average like you could at FAANG.

d1209u1 · Answer

there is very low tolerance for mistakes. you will be working with elite, and i mean elite talent both on the trader and engineering side. both go hand in hand. one mistake can cost millions in an instant. way too much pressure imo but that is also why traders get paid way more. the algos are extremely complex

Life at Quant Trading Companies?

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