Trading is more meritocratic. Being a super-smart math wiz from MIT or Duke will only help a little compared to being the same caliber from UMD or UVA |
What if you’re a math wiz from JMU or GMU? |
And what is "lower ivy"? Is this something new? Lower ivies - Uchicago, MIT, Caltech, and Stanford? |
Hey, my son got offers for the same salary in more expensive cities - he was happy to settle on Philly. Plus there are a lot of Wharton bros there. |
You are crazy - SIG is a top shop They have zero problems recruiting the best of the best |
What NESACS and AWS stand for? |
Umm, none of those schools are Ivies. The term "lower Ivies" refer to non-HYP Ivies. Your own definition of which are "middle" vs. "lower" will depend on which non-HYP you attended lol.
The NESCAC is a D3 sports conference -- New England Small College Athletic Conference. Its schools: Williams, Amherst, Tufts, Bates, Bowdoin, Colby, Hamilton, Middlebury, Wesleyan, Trinity, and Connecticut College. AWS stands for Amherst/Williams/Swarthmore. |
There's no such thing as "lower" ivies. I doubt UPenn thinks it's "lower' than others. |
A little surprised that UT isn't on this list. A lot of Tower's competitors (Citadel Securities, Hudson River) target UT CS and math majors, with the logic being that there is bound to be a ton of quantitative talent at the top of the second most populous state's flagship (with a solid T10 CS program). |
+1. Can personally confirm that Jane Street and Two Sigma do as well, knowing people in the industry. |
No ivy grad talks about lower, middle, or higher ivies. This says more about how ridiculous and insular PP is. |
OP, Tower Research is super random to pick out. Why not go with the big guns: RenTech, HRT, Jane Street, Citadel, Two Sig, etc. |
+2 I know two physics majors at UT (my nephew and one of his roommates) who had fantastic summer internships at Jane Street and early senior year had post grad job offers at Jane Street and Citadel. |
RenTech is unique in that they mostly hire PhDs, and almost never undergrads. Maybe some geniuses from MIT get a call out of undergrad but that’s it. The rest are pretty standard with hiring: Ivies, Stanford, MIT, Duke, Caltech, and top CS/Math programs like Berkeley, CMU, UIUC, UT, NYU, UMich, Georgia Tech, etc. |
The high paying trading firm that only hires the most exceptional people https://www.efinancialcareers.com/news/2021/11/jane-street-jobs "Mostly, though, Jane Street likes to hire students. But not just any students. It only hires the very, very, very best. In the past two years, Jane Street has hired over 10 computer science, maths or physics graduates into London, mostly from Cambridge University but occasionally from Oxford, Bristol or Imperial College. They all have first class degrees, but they also have something more... The typical Jane Street graduate hire is someone with a first class degree who finished close to the top in their year at a top class university. They will have won prizes. They will have been scholars. One recent recruit graduated top in a mathematics paper out of 272 people at Cambridge University. Another was the second best in his Cambridge cohort." |