Articles

Original interview write-ups from people who actually went through the process. More resources below.

Career

Trader vs Researcher Is the Wrong Question: The Five Axes That Decide Your Quant Career

Titles barely describe the job. Every quant seat is a point in five dimensions; sort by where the alpha comes from and the field collapses into six families. How to pick the one that fits you.

Draft~11 min read →
Guest Post

What I Went Through in the Jane Street Quant Trader Interview

A personal, first-person account — two technical rounds and a Super Day of market-making games — from someone who got the internship offer. What he actually noticed, shared as-is.

Draft~10 min read →
Interview Guide

Citadel Quant Interview Questions — Complete Breakdown

What to expect in Citadel’s quant researcher and developer interviews. Common question types and preparation strategies.

Coming Soon
Probability

Probability Questions Asked at Top Trading Firms

A deep dive into the probability questions that show up most frequently in quant interviews, with intuition-first explanations.

Coming Soon

Insider articles & deep dives

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Other resources

Drill into a single topic, target a specific firm, or follow a guided study path. Every link goes to curated, worked-through practice.

Browse all guides & explainers (40+) ->

📚 Essential Reading

Probability & Statistics

A First Course in Probability — Sheldon Ross
All of Statistics — Larry Wasserman
Introduction to Probability Models — Sheldon Ross
Probability and Statistics for Engineering and the Sciences — Jay Devore

Stochastic Calculus & Financial Math

Stochastic Calculus for Finance I & II — Steven Shreve
Options, Futures, and Other Derivatives — John Hull
Paul Wilmott on Quantitative Finance — Paul Wilmott
Concepts and Practice of Mathematical Finance — Mark Joshi

Linear Algebra & Optimization

Introduction to Linear Algebra — Gilbert Strang
Convex Optimization — Stephen Boyd & Lieven Vandenberghe
Matrix Analysis and Applied Linear Algebra — Carl D. Meyer

Interview Preparation

A Practical Guide to Quantitative Finance Interviews — Xinfeng Zhou (the "Green Book")
Heard on The Street — Timothy Crack
Quant Job Interview Questions and Answers — Mark Joshi
Fifty Challenging Problems in Probability — Frederick Mosteller

Programming & Data Science

Python for Data Analysis — Wes McKinney
Hands-On Machine Learning — Aurelien Geron
Elements of Statistical Learning — Hastie, Tibshirani, Friedman

📋 Quick Reference Formulas

Key Formulas to Know

Black-Scholes: $C = S_0 N(d_1) - Ke^{-rT}N(d_2)$ where $d_1 = \frac{\ln(S/K) + (r + \sigma^2/2)T}{\sigma\sqrt{T}}$

Put-Call Parity: $C - P = S_0 - Ke^{-rT}$

Ito's Lemma: $df = f'(S)dS + \frac{1}{2}f''(S)(dS)^2$

VaR: $\text{VaR}_\alpha = \mu + z_\alpha \sigma$ (parametric, normal)

Portfolio Variance: $\sigma_P^2 = \mathbf{w}^T \Sigma \mathbf{w}$

Bayes' Theorem: $P(A|B) = \frac{P(B|A)P(A)}{P(B)}$

OLS Estimator: $\hat{\beta} = (X^TX)^{-1}X^TY$

Duration: $D = -\frac{1}{P}\frac{dP}{dy}$, price change $\approx -D \cdot \Delta y \cdot P$

💡 Interview Tips

General Approach

1. Think out loud — Interviewers want to see your thought process, not just the answer.

2. Start simple — Solve a simpler version first, then generalize.

3. Check edge cases — Does your answer make sense for extreme values?

4. Know your distributions — Be fluent with Normal, Poisson, Exponential, Geometric.

5. Practice mental math — Quick estimation is valued highly.

Common Question Types

Probability Expected value, conditional probability, counting, Markov chains

Statistics Estimation, hypothesis testing, regression, Bayesian reasoning

Finance Options pricing, Greeks, risk measures, portfolio theory

Brain Teasers Logic puzzles, Fermi estimation, game theory

🔗 Useful Links

Firm interview guides & tools

Question Generator
One random real interview question at a time — 394 free problems, filter by topic & difficulty. No signup.
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