Jane Street Interview ProcessTier 0

Quantitative Trading Firm · NYC, London, Hong Kong

Jane Street's process is famously creative. Mental math, market-making games, and puzzle-solving dominate. Coding is OCaml-flavored in production but technical interviews accept Python. The signature round is the mock trading game: practice with real bid/ask spreads, not just textbook problems.

335
problems
76 easy 145 medium 114 hard
3
hires: Quant Trader, Software Engineer, Quant Researcher

Pre-interview Assessment (some cycles)

Jane Street's screen is built around probability, expected value, and mental math, not algorithmic coding. The first-round assessment is a short set of brain-teasers where your reasoning matters as much as the number; a separate quant-research round adds a live coding exercise, and trading-operations roles get an Excel-based task.

Practice this round 4 problems Pro
Trading & Research
current
2017 -> 2025
Trader / QT / Researchwritten / HackerRank~4 questions / 30 min

A short, timed set of probability, expected-value, and mental-math questions (prime-sum parity, an optional-reroll dice game, a Bayesian coin re-flip, a two-urn posterior bet, plus counting and estimation). You explain your reasoning, not just the answer.

Take the timed assessmentReal reported OA questions, on the clockPro
current
2025
Quant Research coding roundlive coding1 problem

A second-round live coding exercise for quant-research candidates - a clean implementation problem (not LeetCode trickery), with follow-ups on efficiency and on shaping the code into a reusable library.

Gravity Grid k-in-a-RowSimulate a grid where pieces enter at the bottom and push the column up, then detect a k-in-a-row win horizontally or vertically.CodingHardSolve →
What the Jane Street online assessment screen looks like
current

Candidates describe the Jane Street online assessment as a written or HackerRank-hosted set of about 4 questions in 30 minutes for the Trader, Quant Trader and Research tracks. The questions are probability, expected value and mental math (a prime-sum parity count, an optional-reroll dice game, a Bayesian coin re-flip, a two-urn posterior bet, plus counting and estimation), and you are asked to explain your reasoning, not just type the number. There is no algorithmic coding on the first-round screen: the quant-research track adds a separate live coding round, and trading-operations roles get an Excel-based task instead. Our timed replica runs 8 questions in 30 minutes; the first four follow the recurring Trader / QT template and the rest are the mental-math questions, answered as a reduced fraction or a decimal.

How to prepare for the Jane Street online assessment
current

Work the reported question families above with a full solution each, then take the timed replica so the 30-minute pace is automatic. Because the screen asks for your reasoning, practise writing a two-line justification for every answer rather than only the value. Three families carry the screen: expected value of small games, Bayesian updates on coins and urns, and fast counting; the topic hubs below cover each with worked solutions. For the puzzle-style thinking Jane Street is known for, the puzzles guide is the natural complement, and the interview-process page shows what follows a pass.

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Jane Street round-by-round guides

Jane Street interview — FAQ

What is the Jane Street interview process?

Jane Street's process is famously creative. Mental math, market-making games, and puzzle-solving dominate. Coding is OCaml-flavored in production but technical interviews accept Python. The signature round is the mock trading game: practice with real bid/ask spreads, not just textbook problems. The loop runs 6 stages: Pre-interview Assessment (some cycles), Phone Round 1 — Brain Teasers (the warm-up), Phone Round 2 — Brain Teasers (independent batch), Phone Round 3 — Hard Probability Deep-Dive, Super Day (Quant Trader) - Morning: Market-Making Games, Super Day (Quant Trader) - Afternoon: Coding & Data Science.

How many rounds does Jane Street have?

6 stages in total, starting with the Pre-interview Assessment (some cycles) and ending with the Super Day (Quant Trader) - Afternoon: Coding & Data Science.

How do I prepare for the Jane Street interview?

Work the stage notes above, then drill the Jane Street interview-questions set and the Jane Street online-assessment practice — each problem has a full worked solution.