Quant Memo

Interview Prep

How the top quant firms interview.

How top quant firms actually interview: the rounds, what they test, and how the buy-side, sell-side, and prop/market-maker paths differ. Compiled from publicly reported candidate experiences; treat it as a well-informed starting point, not gospel.

Prop / Market Maker

Trade the firm's own capital, often making markets. Interviews lean on speed, probability, and trading games.

Buy-side

Manage capital to generate returns (alpha). Research-heavy interviews: probability, statistics, coding.

Sell-side

Banks serving clients, desk strats, pricing, and risk. Interviews add derivatives and stochastic calculus.

36 firms