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Quant Preparation

Morgan Stanley, Tower Research, Goldman Sachs, World Quant.

Job Profile
Building financial models to predict market
behavior Different Profiles Core Quant, Algorithmic Trading, Operations Not a 9 to 5 job (more like 11 to 9) Nice compensation (25+ Lacs)

Preparation Topics
Probability and Statistics, Algorithms, Linear Algebra, Multivariate Calculus, C/C++ (OOP) PUZZLES

Placement Procedure
Competitive Around 7 to 8 people from a
batch Resume Shortlist Written Test (Duration 1.5 hrs 2 hrs) Interview (3 - 4 rounds)

Written Test
A lot of focus on written test (Probably Most
Important Criteria in Final Offer). Goldman Sachs 7 Questions (2 hours)

2 Probability, 1 Calculus, 1 Linear Algebra, 1 Algorithms, 1 C++ Coding, 1. 3 Probability, 3 Algorithms, 1 Linear Algebra, 1 Calculus

Morgan Stanley 8 Questions (2 hours)

Written Test
Tower Research 14 Questions (1.5 hours)

50 % C++ coding, rest 50 % Puzzles and Probability

40% in general is good score Shortlist Around 30%

3-4 rounds of interview

Interview

Focus varies from profile to profile Puzzles in general is common in all


interviews

Important Tips

Focus hard on your strengths Focus a lot on basic concepts Start early Preparation is different from other sectors- more exhaustive preparation required No H.R. Interview C.P.I. is not the major criteria

Resources
C/C++ - Herbert Schildt, Kernigham Ritchie
(Online Material geeksforgeeks.com) Algorithms Course Notes, Cormen, Eva Tardos Linear Algebra/ Calculus MTH 101/102 Probability- Focus on Discrete Probability (ESO 209 Recommended but not necessary)

Puzzles

Techinterview.org basic puzzles WROX book (puzzles and coding) Pratik Poddars blog (best) 40 Puzzles in Probability (Library Book) Other Online Resources

Thank You !

Questions ?

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