Quantnet interview questions. These have been solved above -- not much to add.

Quantnet interview questions I'm not a software engineer. The questions involved advanced functional programming techniqiues such as continuous passing style (CPS), lazy evaluation, memoization, and futures. There are three different ways to get this answer. Thanks for your help in advance. You might need data structures such as uBLAS, array and possibly multiarray. I have recently been invited to an interview where I have been asked the following question: What do you see as the future direction of teaching and research in finance? The job (Academia) 7. Do you know what percent of applicants get an interview or what percent of interview people finallly get accepted? Also, for people that already had an interview with CMU's MSCF what kind of questions are we supposed Others are expansions of common interview questions where we dive deeper into the underlying topics. You are standing on the middle of a East-West street. Choose a suit, take 2 cards, choose another suit, take 2 cards, the other two suits have 1 card. For instance if the outcome is HHTH, you can clip again to either get HHTHH or HHTHT, with respective payoffs $4 I asked the same question when I attended this interview. Well if Two phone interviews about a week apart. The first one can go anywhere. Andres_iniesta. You have a biased coin in which the probability of getting a head is 51﹪ . All the questions will be on Collections, Multi-threading, and search and retrieval algorithms. Here is how I approached this: The minute hand will run a full circle in 1 hour. In this case, you don't even need to do an integral. Forums. All trains must have an odd number of cars. New posts Search forums. He has written several articles for Quantnet 1. 3. [Microsoft] Your boss wants you to design a calendar that she will place on her desk right next to the promotion forms. 🔥 PuzzledQuant - (PuzzledQuant)): It is like the Leetcode for quant (similar UI). Hi everyone, I have an interview with SIG in couple of days. What is the volatility of the portfolio, using standard assumptions? Give one reason why these standard assumptions can be discussed. Hi Guys Does anybody know a good book for preparing for the risk management interviews ? All the interview books mentioned in the suggested list seem to cover option pricing but not risk management . 13 of them have the same weight while one of them is heavier than the rest. 1) Can you tell me, briefly (and in words that a layman or non Question #1 (statistics) How do you test whether a data sample is normal or not? (Comment: this tests your knowledge in basic statistics; there are several different methods to This book contains over 150 questions that are frequently, and also currently, asked on interviews for quantitative positions, covering a vast spectrum, from C++ and data structures, to finance, This is a complete guide for the best interview resources for anyone preparing for quant interviews. e. Only one I remember is: "Describe a good book you read recently. Thank you! This is the third book in the Pocket Book Guides for Quant Interviews Series, after the best-selling ``150 Most Frequently Asked Questions on Quant Interviews" and ``Probability and Stochastic Calculus Quant Interview Questions”. Has anyone had these before? I know "anything's on the table", but what topics have been asked? STL library? Basic Data Structures? Big O times Practice real interview questions asked by top quant firms and written by a team of experts. t mean of the vector c is 0. The reason I put this question here is sometimes we think too much when things are easy. I think we should answer this kind of question without thinking. org. Q: After 50 nods are tied. During my interview they seemed to talk a lot about how rigorous the course is and make sure i’m mentally prepared for it. Like all good interview questions, it scales So given N numbers, how do I work out whether their product gets outside the range ? I just applied to the Boston University Mathematical Finance Masters program and got an email requesting a phone/skype interview. 10 min interview question A friend of mine gave me this puzzle yesterday (consider it today, because it was 3am :partyman. Resources. At the first look, one feels that its not possible because permutation of 4 cards represent 24 different outcomes and the fifth card can be any of the 48 cards. He was asked this one during an interview for some hedge fund, and was requested to give answer in 10 minutes :smt017. Hundreds of interview questions and answers for people interested in data science jobs. After the interview I worked it out and he was incorrect, but should I attempt to contact him about it? I I have found this one (interview question for junior quant) You have to walk from point A to point B 10 times, blindfolded. Filter questions by topic, difficulty, and more to focus your personal studying on what matters. So I'll have a 'go' at this question: Let the number in question be N = 1000w + 100x + 10y + z, where, w, x, y and z are single digit non-negative integers. The first time they meet is sometime after 1 hour 5 minutes. , you were standing in a line and someone came infront of you , if you really want to get filled obviously you will improve your bid as well which in this case translates to "You will cut him off and come in front of him ". I have listed just one obvious one above. N So I've just finished Prof. People who have done this interview, what can I expect from it? Are the technical questions too specific? Hi, I read a few interview question on Quantnet. The poster said we could assume the density varies The interview questions in these books might be challenging especially if you don't have a solid grounding in topics like probability, statistics, formal logic etc. For n Posted by Millennium Hedge fund ($62 Billions AUM). However, I still cannot handle C++ questions in interview. , One PhD in Mathematics The contemporary quant interview questions are a comprehensive test of ability— not only in terms of intellect and grasp of core theory but also in terms of decision-making and leadership. Credit: Steve Nouri, This reminds me of a simple interview question asked in a telephonic interview. MaxAcc A negligible mass m is positioned atop the horizontal surface of another mass M, which is resting on a horizontal surface S. Each week is centered around a specific sub-topic within the interview knowledge-base. 75, a 15% discount off the list price, for all the orders placed before December 1 at Hi guys, I have an interview question. I'm finalizing questions for his interview and you are invited to send me a question via email (andy@quantnet. Given an array of 49 numbers between 1-50, all unique you need to find the missing number? Optimize for speed and memory. Please post your questions/sources below. Sure it's always good to become a better developer through code reviews. How would you describe yourself? What are some of the greatest personal challenges you have faced during your lifetime? What are some of your personal goals, and have you achieved them? SKILLS AND ABILITIES I have been invited for an interview and I was wondering if there is anybody on here who has either had an interview or been invited to one, or even somebody with an offer for entry this year? I would like to know what types of questions they will ask/have asked since I only been given four days notice. I saw this in Peter Winkler's book. The second one needs to be within a half circle from that point, so it can also go anywhere. Learn more Join! Forums. I think it is 3/4. He tells you that the second roll was higher than his first (D2>D1). 2 - Assume volatility is I've just got a Monte Carlo question for a quant strategist interview from a bulge bracket bank. I need some basic/intermediate programming questions for quant interviews for practicing. I was wondering if anyone knew what I can expect? (what type of questions, how much I should research the university/program beforehand, whether or not I should wear a suit if I do the skype interview, etc. A 15 questions selection , with solutions, can be downloaded here . 3) Game: With one die, suppose The third edition of the best-selling quant interviews book 150 Most Frequently Asked Questions on Quant Interviews by Dan Stefanica, Rados Radoicic, and Tai-Ho Wang. Usually kill the math, probability and finance questions. Quite a few of the questions, even if not the majority, are the sort of things you need to know vis-a-vis an MFE program, and many others afford an opportunity to sharpen the kinds of math skills that might be tested in an interview. And assume you do continuous delta hedging on each MC path. Latest reviews Search resources. Already a member? Log in. Bob, You refer to the members' approach to the salary question, correct? What is the common sense approach to it? Quantitative interview questions, brain teasers sortable by financial firms I guess I'm a year too late, but as part of my interview preparation process I've been searching for difficult quant questions and brainteasers to attempt. + there is no obligation for the buyer to exercise his option if it is out of the money. Rankings. Graph the price yield relationship of bonds. At this time, how much do the tomatoes weigh, in pounds? a) 98 b) 49 c) 50 d) 49. You can either climb either one step or two steps but no more each time and you can walk up entire stair any way you like with rule above obeyed. For Brownian motion, boost Random is the obvious. 2. 1 would state be an example of a difference. For functions, boost Function is an option but look at performance. The book “150 Most Frequently Asked Questions on Quant Interviews” is the Number 1 QuantNet bestselling book of 2016, and was the Number 1 QuantNet bestselling book in 2015 and Number 2 in 2014. Specifically, the position is not directly front-office, but more mid-office in a structured finance risk/oversight role and assists with operations surrounding their multi-multi billion dollar ABS, CMBS, RMBS and structured Anyone got an interview? what kind of questions will be asked? Thanks. Join a community of thousands of students and professionals preparing for their next quant Programming interviews are one stage of the quant interview process. The major questions asked were with respect tot the topics in your transcript that can be transferrable for the Financial mathematics program. BOOKS FOR QUANT INTERVIEWS. Do check it out: Home - Welcome to Financial Engineering University All the Best for Interview Practice. You have 5 quarters on the table in front of you: four fair (regular two-sided coins) and one double-sided (both sides are heads). What is convexity? 4. Blue, Green and Purple. The scenario was 1 ball had varying density and the second ball had constant density. Thank you for sharing interview questions. Why is risk free rate used in BS model? 2. I have an S&T interview coming up at a BB. 4. I spent a good half hour on it, but it doesn't lend itself to any tricks I've seen before (it's not linear recursive, so I can't write down a linear operator and diagonalise it, it doesn't become more tractable if I write down (x_n) in terms of (x_{n-2}) or even earlier entries, I don't see an obvious way to do a "boomerang integration" Same principle. I now opened his Hi guys, just curious. Choose a Hi everyone, I have been a silent member of this forum for some time and am posting for the first time. Ok, it is within one hour window. For Goldman-Sachs in Jersey City, you can expect the initial screening questions below: From what i understood so far the option is a transfer of risk, from the buyer to the seller. Let's discuss our results! I wonder how much time you are given on interview questionsFor example I have defined the first two questions linked above and would do those ones in 5 minutes time I think. There is a table-tennis ball in the room, but it’s in a very deep hole in the ground so that you cannot reach it. " I found exciting website for Quant and Financial Engineering Interviews. They gave me the option of taking a quiz, instead of going through the first round resume screening process. I got a question from a hedge fund interview: Assume a down-and-out call barrier option, with strike = 90 and barrier = 90. Home. Reply. Career. After a while evaporation changes the composition to 98% water and 2% other stuff. By nature, it is a type of trading where you write programs to execute orders. You will look like a right dick in the interview if you keep weighing balls after you have already found the heavy one -good luck explaining why the minimum number of weigh-ins is 3 when you actually found it in 2. These have been solved above -- not much to add. 5 - 50-60-70 put fly is at . Am not from MFE but trying to learn Stochastic cal. Again, none of you is correct. The mass of a ripe tomato is composed 99% of water and 1% of other stuff. 50 for all orders placed before May 19 (15% discount from the $32. The degree is highly niche, and I feel a good way to stand out is to demonstrate in your interview that your past experiences have shaped you in a way that you feel strongly will enable you to Hi guys, I'm graduate student in New York, and I applied for the trading internship position at Jane Street. The problem is we tend to use complex solutions for simple probability question. I don’t know exactly how many people receive interview invites but I don’t think they interview too many people. Solving probability interview questions is really all about pattern recognition. No response on wallstreetoasis yet. 5 I recently had an interview and the interviewer told me an incorrect answer to one of the questions, but I didn't have time at the moment to verify it. Could you tell me a little about your trading experience? What did you do last summer? (There is a gap in my resume) Fixed income interview questions Fixed income interview questions 1. Vol is constant 15%, rate and dividend are zero. I recently went through an interview for a grad program, with a background in CS, I didn't do well answering some of the questions, can some one help? 1. Please tell me about yourself. The outcome of the dice and the man telling the truth or not are independant events. I have a question but I think only prof. In fact, any answer of the x2_i=x1_i + c_i s. It was a pleasant conversation. Stefanica will be able to help, I'm looking at the "Schedule of Classes, Class of 2011" that I received with the admission email and I can't find the Algo Trading course. Everyone else was. The following are prices of four different bonds: 25, 23, 22, 24. Hopefully these questions help. Unfortunately, they are all going different speeds, and cannot pass each other. You do this until you go broke and must always bet 10k. I know there is likely to be technical C++ questions. There could be many differences. The topics are statistics, data science, machine learning, data analysis, deep learning, etc. Limit it to work-related items unless instructed otherwise. Even if we suck at multiplying (like me ) and don't know that 46^2 = 2116, we can still use a linear approximation; derivative of x^2 is 2x so we add 2 1. Hopefully you can make good use out of it. The current spot = 100. And one question they ask is: suppose a stock has a process: dS(t) = sigma*dB(t), where B(t) is a standard Brownian motion, and the current stock price is S(0). Tell me about yourself: The most often asked question in interviews. Then the minute hand will run pass 1 (meaning 5 minutes) and it will meet the hour hand somewhere after that. The best site I have come across for developing smoothing yourself into quant-style interview questions is brilliant. Create new account. I have seen a lot of people claim they were asked "technical" questions. I think this question is directly related to a situation of real life as a trader. Also get the 150 Most Frequently Asked Questions book. whereas the in the futures and forward markets it is an obligation of JP Morgan interview question for a summer analyst position. There is a calculator in which all digits(0-9) and the basic arithmetic operators(+,-,*,/) I'm currently doing some interviews. Given the first card, now there are 3 of the same number in the deck of 51 remaining cards. Can you please elaborate on your claim that at high t 3 is better Here are some more interview Questions:-PERSONAL AND MOTIVATIONAL FACTORS. I don't really know how they give candidates time they need. 2) What is d(LnS(t)) ? Thanks!! They asked me like 5 brain teasers, to write a simple program in MATLAB, then to convert it to C. The above post is correct. I have a method to solve two of the problems Home. Ugh, you're right, I didn't account for order. Basic middle school math. * 1st phone interview: - Three bags: Oranges, Apples, Mixed. You select two of their ends randomly and connect them, then put the resulting -maybe deformed- noodle back in the bowl. In this way, it is helpful. Given this information, what is It seems we only get a minute to answer each question. Nothing over the top content-wise, just a review of concepts that should be familiar to a typical Baruch MFE applicant. Hi quantnet. Yes there will be a member of the admissions department who will be interacting with you. Wrt your interview process, my first round was based on maths (stochastic calculus) and work experience (Questions related to Hull White One Factor Model). Could you talk a little bit about what kind of questions you met in the video interview. Hi all, What were the interviews like for the U of T MMF program last year? I have been invited to do one in the next week, and was wondering what to prepare. Joined 12/1/14 Messages 18 Points 13. Graduated a math PhD and applying quant positions right now. I am familiar with books mentioned on their website, which will be covered on the You guys make good points, but at an interview what I would actually do is to clarify the purpose of the question if objections are raised to my martingale assumption/answer. Assume the only way of dying is This year, I was involved in more than ten interviewing process and I remarked a large disparity between the content proposed in book for preparing the interview and the real world interviews. I was then invited to their offices in NYC. I thought this would help some people out as we get into interview season. All mislabeled. They are given during Janestreet interview: 1. You need to have a short statement prepared in your mind. Compose a strategy so that X/N is least under the worst situation. => 10w + x + 10y + z = 10x + y jonylee wrote: "[FONT=&quot]Anybody has idea how to solve this one: A basket has N balls which are numbered. By then, the hour hand will be at 1. It Frequently Asked Questions in Quant Finance Interviews. I just got an email for an invitation for an interview for CMU's MSCF program. So in 1978, 19+78=97; so the question is write a formula that can find numbers that satisfy these conditions. I suppose the following are the 'normal' questions but I would like to know more. None of the standard Java questions on Spring, Struts, Hibernate, Design Patterns, Web Services. e. "Imagine you are in a room. If you could, the expected value would equal $2. I hope you enjoy! Without checking your math on the portfolio variance minimization, you seem to have ignored the question of number of contracts. Just make sure you know some basic finance knowledge and simple machine learning concepts. However, pretty much any coding question I've ever gotten can be found on leetcode. To do well, do plenty of exercise from this and this. For more information see Mark Joshi's Home Page Hello everyone: I need some help on two interview questions. The placement of the last point is the real question. Here are some more What is the chance of drawing two cards from the top of the deck that turns out to be the same number? (Trader) The first card can be any number. PS - I don't know the solution. Any idea is highly welcomed! Thank you so much!!! Here are two bona-fide job interview questions, as reported by two frazzled interviewees. In my experience, the leetcode approach will better prepare someone to pass an interview. You randomly pick a ball and find that it is the 5th ball. The questions were pretty straightforward and were aimed at them getting acquainted with our relevant internships/ work experience, experience with programming languages especially C++, R and MATLAB, our unique set of skills that could help us contribute to the student body, and My interview was conducted by Prof David who is the director of the program. Thanks. At least I'm a graduate student, and I'm starting the recruiting cycle and beginning to apply to jobs. Wow, there is a serious lack of common sense prevailing in this thread. The goal is to make the habit of interview preparation easier and foster a sense of community among those currently recruiting. Online Courses. Be careful that it does not sound rehearsed. Question: What is the properties of (p^2-1) where p is prime number larger than 3 Question: A stair of 100 steps. Markets happen in the same way sometimes. The book can be purchased for $32. The coefficient of static friction between masses m and M is 1, and the coefficient of kinetic friction between M and the surface S is k. The volume is the cross sectional area times the height. 150 Most Frequently Asked Questions on Quant Interviews by Dan Stefanica, Rados Radoicic, Tai-Ho Wang; Quant Job Interview Questions And Answers by Mark Joshi; Frequently Asked Questions in Quantitative Finance by Wilmott; Heard on The Street: Quantitative Questions from Wall Street Job Interviews by Timothy Crack Get the books: Programming Interviews Exposed, Cracking the Coding Interview, and A Practical Guide to Quantitative Finance Interviews. Pre-Interview (Ten minutes) 1) Mental Math: One million minus one hundred eleven. Please show all work. As a student now, I have a phone interview TOMORROW for an associate position within a large and well-known insurance companies Investment Management division. If he chooses to eat, he will fall asleep afterward and becomes a piece of meat. Have no idea what kind of tech questions (stochastic process, risk neutral pricing, etc) to expect and prepare. You have an equally weighted portfolio composed of 2 managers; one has 20% volatility, the other 30%. Consider there are cereal boxes of a top brand containing one of four different types of toys with equal probability. They have a 40% correlation. " They will all be posed in sequence. As with our other Quantnet interviews, we'd like to get our members as involved as possible. 3/9/15 Question: A man behind a curtain roles his first die (D1), then roles a second (D2). This article will walk through: Where to practice programming interview questions; How to select which questions to Questions prepared where you will be an asset to the organization are good. Here's one to puzzle over given two numbers x,y I want to find out if their product is too large to work with the numeric type I'm using. com), private msg or whatever mean possible. how to determine which ball is which. Without knowing the purpose of the question, it is impossible to determine whose answer would be "accepted", although again DStahl and Diego both make valid poitns. So, the second round was more of your typical "Where do you see yourself in 5 years" type of interview. . g: A lot of companies are starting their migration from classical brainteasers to leetcode/hackerrank questions ( Without sharing a screen ) yesterday I had my 4th phone interview with a decent company and I couldn't give the right answer for one question on time(10mins) BUT managed to solve it after the interview ended. I'm currently preparing for a slew of upcoming school interviews, namely Berkeley, UCLA, Baruch. There are 14 identical-looking balls. What are the optimal book(s), website(s) and resource(s) that I should be focusing on for Jane Street? I really want this and am willing to put in 200+ hours of studying. Hope someone can help me with them:) Here they are: 1. What is the philosophy of martial arts? (A spokesperson for Aflac, where this question was used, says she hopes the candidate quoted Kwai Chang Caine from the 1970s TV show Kung Fu: "I seek not to know the answers, but to Yes, algorithmic trading will involve programming. Eventually the cars will clump up The following questions are said to be asked during an internship interview for a sales and trading role at London JPMorgan bank 1) I can pay you twice your money every two years, three times your money every three years or four times your money every four years. Though I have heard this one before that math whiz kids do feel offended when being asked elementary questions and respond in peculiar ways. Talk about things you have done and jobs you have held that (Comment: typical set of basic questions asked at a lot of quant interviews, not just those for fixed income-related positions) Question #4 (probability theory) Say you are on a game show [historical sidenote: this question was first played on the 60s American game show Let's Make a Deal, hosted by Monty Hall], and there are three closed doors. The goal of questions about your resume/experience is likely to gauge how what you’ve done previously has informed your decision to apply to a computational finance program. 3) Game: With one die, suppose in a round, you earn the amount of dollars equal to the sequence {1,4,9,16,25,x,y}; y is not equal 49 find x, y ? 4 * 13 card, take 6 cards from 52 cards, what is probability that 6 cards have 4 different colors? The interview questions book Probability and Stochastic Calculus Quant Interview Questions by Ivan Matic, Rados Radoicic, and Dan Stefanica can now be Pre-Ordered for $27. Well he started with questions about cache considerations in choosing data structures, which I know nothing about. Valid point. the hedge ratio. Suppose you are bid at a price and someone comes and improves the bid i. We really appreciate that. There are 50 noodles in a bowl. Always struggle with programming questions. Join a community of thousands of students and professionals preparing for their next quant interviews. There is a barrier H>S(0). The interview questions are very useful. B. Train with over 1200+ interview questions today. Get Started. You will first be asked to do a math test (a problem set), programing test and you may have to do a psychological evaluation. What is the expected value of the number of cereal boxes which a person will need to buy in order to complete the collection This is very interesting. What is duration/Macaulry duration/Modified duration? Show me. There is a door, but in order to open it, you have to insert a table-tennis ball into the hole in the door. Stefanica's Primer for the Mathematics of Financial Engineering, which I found to be a great financial mathematics refresher. Question: Let's say you use Monte Carlo method to price a European Option. The math questions are just to check your preparedness for the course. The three quant interview 'bibles' are the red (Heard On The Street), yellow (150 Most), and green (Practical Huide) books. Please let us know your thoughts! Cracking the Finance Quant Interview: 51 Interview Questions and Solutions: Peyre, Jean, Ducourt, Editions: Thanks again to quantnet, We have finally released our interview question and answer book. I was suggested to read "effective c++" or to practice more on previous interview questions, does that work? Also, some interviewer just asked me about previous C++ project. You put 100 pounds of ripe tomatoes out in the sun. I am a BS in math and now MFE student. Does anyone have any sites to suggest that have challenging brain teasers, probability challenges, or other quantitative questions that you might see in job interviews for quant trading and research roles? It is a compilation of real quant interview questions we heard about in the job market. A row of closed doors in front of you, and you have a key on hand which can only open one specific door. Basic Bowling Ball I couldn’t find the original thread but i have an attempt at the solution to the bowling ball question. Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. It is a 30 minute interview and they would ask 5 questions as per their email. Practice. It looks like what you've done is figure out how many contracts of orange juice you should sell per one contract of grapefruit juice, i. ", "What are your weaknesses?", "Describe a good book you recently read. So the interviewer asks me what an interest rate swap is which i @Ezra: If we use the X^(1/X) approach, that would suggest the answer is 2 though, always. I will add after the interview. ) 1 You are given a list (n <= 100) of positive integers (value <= 500), your program divides these integers into two groups, such that the difference between the sums of these two groups is minimized. It was for a FO position as a quant developer in credit derivatives and i was expected to have knowledge of interest rate derivatives. Sometimes I feel say something just to say something without My interview is not as difficult as what was mentioned in the link above. Here is the puzzle: C++ Programming for Financial Engineering Python for Finance with Intro to Data Science I think the answer is 1/6 and it has come up only once in the forum. Good luck to everyone! Questions: For a 3 sets tennis game, would you bet on it finishing in 2 sets or 3 sets? I have a square, and place three dots If you’re interviewing for a quant role in an investment bank, these are some the questions you should expect. Thanks for the questions. 2) Mental Math: Fifty-four percent of one hundred ten. do you guys know what the interview look like? Is it normal behavioral type question or technical question? anyone knows? It's irrelevant how brilliant you might be: if you interview with any company, it makes sense to be a little bit more cooperative when you are asked questions. Interest rate and dividend are 0. X is the distance you covered when arriving at the correct door. I want to know what are they going to ask? did anyone have interview with them. Yes of course it isn't going to happen every time, but the question asks for the minimum. Place the numbers one at a time. Hi All, I'm left a bit baffled after i had a telephonic interview with a major IB in London. Start with 10k and play a game where u flip a coin and get 10k if it's heads and lose 10k if it's tails. The question is the following. We are given that k I got 3 behavioral questions. This is the only one I can't figure out. for example, we know that 45^2 = 2025 (remember your D5^2 rules!!!). If a piece of meat is thrown in, the closest lion can choose to either eat all of it, or walk away from it. I am not sure about the position they are gonna fit me in. I would like to know the common algorithm questions asked in an interview for quant position by big banks such as JPMorgan, Goldman Sachs, Morgan Stanley, Barclay, Citigroup. She gives you two plain wooden cubes that will fit side-by-side in a wooden holder like so (front view): This is my crack at number 4. Also about half of the questions are behavioral I would like to ask you, if you have any experiences with interview regarding admission to MSc Quant Finance program on ETH UZH in Zurich. Quote: (Another interview question) You have N cars that are all traveling the same direction on an infinitely long one-lane highway. That is too simple of a question to be a good interview question. Interview Questions. Let me ask you something: What is your greatest weakness? This question shows up to all intervew questions, and I never know what to answer. This was all fine, up until they started asking me really specific software questions. N is an integer between 1 and 100. Can u please tell me what are Quant Interview Questions. Hey guys, I am going to the interview for Equity Derivatives in just a few days. I would be very happy, if anyone with interviewing experience shared their knowledge. Can I get hint or possible solution for these 1) E[W^6] where W is brownian motion. It is Pi z squared times a. Sorting (insertion sort, quick sort, merge sort, heap sort) 2. What is the option value? I didn't solve it out during the interview, but later know it = 10 (regardless of the vol), based on some online option calculator. There are 3 types of cats. If all trains in Grand Central have fewer cars than there are trains in the station, then: A. You pick one of them up at random, flip it five times, and get heads each time. hence the probability is 3/51. 50 list price) at Probability and Stochastic Calculus Quant I worked on a few interview questions, but not sure if my following answers are correct. What kind of technical questions does one usually receive? If possible, please write in details, every single trifle could be helpful. The recruiter told me I needed a solid foundation in C++ , boost, STL and data structures, and that they would teach low latency programming techniques. How soon will I be able to be productive? and What type of projects will I be able to assist on? are 3. This topic is particularly heavy in quant interviews and usually quite light in ML/AI/DS interviews. Shockingly, I was contacted via email saying they would like me to interview again. How can you use a quantitative way to model the value of S&P stock index in two weeks? Thank It's kind of like flipping 5 coins, except you can't get 5 heads. I also would like to share classical questions I was asked interviewing at Goldman's Securities Division. 1. Do I need to study aptitude like Big List of Quant Interview Questions with Answers or is only stats and probability sufficient? Still can't believe this was from 2007, when I was 12. Every time before you start walking, a fair coin is tossed, and if it comes out heads, a wall in the middle is present (situation 2 below), while if it comes out tails it is the situation one below Not really quant questions but surely you will get these. 50. There are n lions in a cage. Quantitative Portfolio Management (Incredible book with interview questions scattered throughout which will also give you a highly Some of these are my own original questions, some are given to me by former bosses/colleagues. 1200+ quant The question doesn't specify that squares cannot be equal, therefore, in the case when two squares are of equal size, with side = 1/sqrt(2), the area of rectangle made by joining this squares side-by-side is 1. What is the expected number of tosses to go broke? Anytime I try solve this with simulations or maths I get infinity, which seems strange to me. It would be great to get a collection of more S&T interview questions. In most (large) orgs the entry level interview process is industrialised to a degree. For me it revolved around Probability, Statistics and extremely basic questions about PDE. You use 50k paths. Using this post as a question poll. You can tie two ends of either one noodle or two different noodles, forming a nod. What is the probability that if you roll a 3rd die, it is higher than his second die (D3>D2)? Ok so my friend told me about this silly question he was asked during an interview You're in a room with 3 switches labeled A,B,C and across from that room is another room with 3 light bulbs not labeled, your allowed to go into the room with the bulbs once then you must return back to the room with the switches. What is the minimum times you can weight to identify the heaviest ball ? How do you generalize for n balls ? Answer: With 3 weights, I can identify the heaviest ball. This will give me a quick estimate of when they meet. What is the expected value of number of Someone I know told me this was at the interview with UBS recently: The number 1978 is such a number that if you add the first 2 sets of numbers, you'll will get the middle 2 sets of numbers. Will it mostly be technical questions Home. C++ Programming for Financial Engineering Python for Finance with Intro to Data Science. One needs to separate two questions: how to get the job and how to prepare to what you will be doing at the job. But for the third one I need to think a bit. How Many Circles Will You Create in Your Bowl of Ramen? atypicalquant; March 27, 2023 January 5, 2024; 11 Comments; There are 100 noodles in your bowl of ramen. Which option do you choose and 1. These cats are magical and if a blue and green cat meet they both turn into purple. I learn C++ by myself for much time, reading books like Primer. This was the hardest question I got in an interview. Others are expansions of common interview questions where we dive deeper into the Practice real interview questions asked by top quant firms and written by a team of experts. Then what is the probability that the stock price will breach H before time T (T>0) ? That's another quant forum I know of apart from Quantnet. Quant Questions is the leading quant interview prep platform to prepare you for quant finance interviews and help you land a job at top firms like Jane Street and IMC. Hi All, Here is a question I am not able to solve: your help will be much appreciated! Suppose you know the following information about a market: - Future is at 66 - 70 strike straddle is trading at 27 - 50-60 put spread is at 2. Questions about job-hunting, your career path, workplace issues, interview and review preparation, salary and benefits negotiation? Ask Ellen Reeves, one of the I often get asked stochastic calculus questions, and I read the book by Baxter and Rennie, and it's not helpful in that context. In the interviews, they just want you to manipulate correlated processes, various stochastic integrals, different SDEs Does anyone know any good books/materials Hello, I recently received an online video interview request from UCLA as part of their further review. Eg. Then I had 2 interviews again based on stochastic calculus and linear algebra. "Tell me about yourself. Out of curiosity is the correct answer 102? If so, here is how I did it: From 81 to 90, 9+ From 83 to 94, 11+ From 82 to 108, 26+ Taking the difference, 9-11 = 2 and 11-26 = 15 I just finished my first round interview with ANZ. Create an event out of this coin which has a probability of 25﹪ 2. Designed For You. Just sharing an interesting thought. US Rankings UK rankings. However, about my background, I am doing one PhD in Electrical Eng. uauqg kdbt sstqhar pzf tesxn iayaio adgbj armno udfh wbt