Hello, fellow Quants!
Welcome to the first edition of our weekly newsletter, where we share the latest jobs/internships, educational opportunities, and upcoming events in quantitative finance.
Here’s what we have on this week’s agenda:
Internships
Full-Time Jobs
Upcoming Events
Weekly Quant Puzzle
Our Top Internships
✨ Two Sigma - Quantitative Researcher Intern | a data-driven hedge fund that uses artificial intelligence and distributed computing, for its trading strategies.
✨ Blackstone - Data Science Summer Analyst | a leading global investment business investing capital on behalf of pension funds, large institutions, and individuals.
✨ Truist Bank - Trading & Research Summer Analyst | an American bank formed as a result of the merger of BB&T and SunTrust Banks.
✨ Global Atlantic Financial - Operational Risk Intern | a firm that offers a broad range of retirement, life, and reinsurance products to address financial challenges.
✨ Federal Home Loan Bank on Chicago - Mortgage Analytics Intern | a bank that offers products, solutions, and services to help finance their initiatives.
Our Top Full-Time Positions
✨ UBS - Quantitative Analyst | a multinational investment bank and financial services company.
✨ Geneva Trading - Quantitative Trader | a leading proprietary trading firm with a history of consistent success in the derivatives markets.
✨ IMC Trading - Junior Quantitative Trader | one of the world's most active proprietary trading firms and a key market maker in various products.
✨ Engineers Gate - Quantitative Researcher | a quantitative investment company focused on computer-driven trading in global financial markets.
✨ Flow Traders - Graduate Trader | a market maker that provides liquidity in the securities market by using high-frequency and quantitative trading strategies.
Upcoming Events
March - Quant Insights Conference
Weekly Quant Puzzle
Assume you are taking the mathematics portion of the SAT, in which scores range from 200 to 800. For this portion of the exam, scores are normally distributed with a mean of around 500. When the test score results are released, your friend tells you that you scored more than 1 standard deviation away from the mean. Given this information, what is the probability you scored more than 2 standard deviations from the mean?
Quote of the week
"true alpha-generation is available to practitioners who creatively combine modern tools - econometrics, mathematics, investment theory, financial accounting, psychology, operations research, and computer science" - Dr. Edward Qian, PanAgora Asset Management