Work in HR or Recruiting?
Jane Street Capital
4.2 of 5 10 reviews
www.janestcapital.com New York, NY 150 to 499 Employees

Jane Street Capital Assistant Trader Interview Questions & Reviews

Updated Jun 10, 2013
All Interviews Received Offers

Getting the Interview  94 Interviews

58%
21%
0%

Interview Experience  73 Ratings

58%
28%
12%
3.3085105
94 interview experiences
Relevance Date Difficulty
in

Assistant Trader at Jane Street Capital

No Offer – Interviewed in Feb 2012 – Reviewed Oct 26, 2012

Interview Details – A number of very technical questions are asked, such as the coins problems.

Interview Question – Ask you to find the smallest number that you can not get by using 3,8,20 (or something similar)   View Answers (4)

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Reviewed Oct 25, 2012

Interview Details – I applied on university career website and got a first round interview. Before the interview I received an email from HR saying there's no need to dress up. Interviewer did wear jeans. There were no behavioral questions, all they cared about is your math ability and logic. I answered most questions correctly and quickly, but got the last question wrong.

Interview Question – mental math   Answer Question

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Reviewed Oct 22, 2012

Interview Details – Began with basic mental math and probability. Wasn't in the right mindset and got stumped by the following question that really isn't too bad in retrospect:

If the probability of of seeing at least 1 car in an hour is 544/625, what's the probability of seeing no cars in a 15 minute interval?

Interview Question – If the probability of of seeing at least 1 car in an hour is 544/625, what's the probability of seeing no cars in a 15 minute interval?   View Answer

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Reviewed Oct 6, 2012

Interview Details – Only undertook the first two phone interview stages. Questions were purely probability based, and lasted around 30 min each. Question themes were on coin flip probabilities, probability of it raining on at least one of the days of the weekend given probability of it raining on one of the days. Concentrated on Bayesian statistics, expected values, and simple statistics.

Interview Question – Question themes were on coin flip probabilities, probability of it raining on at least one of the days of the weekend given probability of it raining on one of the days. Concentrated on Bayesian statistics, expected values, and simple statistics.   Answer Question

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Reviewed Oct 3, 2012

Interview Details – Had 1st round on campus. The interviewer was really nice and made the environment as comfortable as possible.

Interview Question – You and I throw each pick a number, and throw 2 dice. Whoever's number is closer to the outcome wins. Would you go first or second, and how would you choose your number?   View Answer

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Reviewed Sep 28, 2012

Interview Details – 5 rounds of phone, last round on site

Interview Question – 1 of the Final Round question: there is a token, which works as the following: you can pay XX$ to buy it, and then propose a bet. If you wins the bet, then that's it, and you can keep the token and use it in next round. If you lose the bet, you can use the token to take back half of your money. How much is that token worth based on the chips both side have on that day?   View Answers (5)

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Reviewed Sep 17, 2012

Interview Details – Extremely unprofessional. Didn't call as per schedule, rescheduled again.. and they didn't call again. What a waste of time during peak interview and recruiting season. Don't waste your time, you're better off at a Mcdonald's.

Interview Question – Non existent   Answer Question

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Interviewed in Dec 2011 – Reviewed Sep 8, 2012

Interview Details – Telephone Interview ( Round 2 of 5 )

Entire process involves 3 phone interviews, then a subsequent 2 at London office. You can get rejected after any stage.

Interview Question – Estimate the mass of the earth?   View Answers (2)

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Interviewed in City of London, England (UK) Aug 2012 – Reviewed Sep 3, 2012

Interview Details – As with many other interview experiences the process was completely technical - no fit questions.

First interview started with the usual JSC questions - subtract two numbers, multiply two 2-digit numbers, take a percentage (17% of 29 type thing). All mental arithmetic. Standard probability questions after that to do with coin flips and expected values (flip four coins, expected no. of heads, flip again if you want given pay £1 for every head, expected value of game). Also confidence levels (%) for answers - make sure if you give individual confidence intervals for separate answers you can give an overall for all three combined (i.e. prob that all three are correct).

Second interview was similar but slightly more complicated - not difficult if you have taken a standard uni level probability course in expectations distributions. Make sure you talk through your answers.

Didn't get any further than that as I messed up a question but all in all the interviewers were helpful and try to guide you towards the right answer, just don't expect to have a conversation about the weather or build rapport with them.

Interview Question – Pretty standard question that has been asked before... keep flipping a coin until a winning combination appears (either HHT or HTT). Which strategy would you pick given the choice and why. Find the probabilities of winning associated with each strategy.   View Answers (2)

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response

Assistant Trader at Jane Street Capital

No Offer – Interviewed in May 2012 – Reviewed Aug 6, 2012

Interview Details – Applied on their website, went then received an email setting up phone interviews. Got to the second round, before I choked. The people seemed very professional and it seems as though you are interviewed by traders. The interviewer asks brainteasers, and then asks how confident you are in your answer.

Interview Question – You and a friend are playing a game where a random number X, between 1 to 20 is chosen, and one of you will pick a number and then the other will pick a different number. The one that guesses the closer number wins X dollars. Should you choose to go first, and what number should you choose?   View Answers (2)

More

Helpful Interview?  
Yes | No
Problem with this interview? Add Employer Response
4150 of 94 Interviews RSS Feed embed Embed
Interviews for Top Jobs at Jane Street Capital

See What Jane Street Capital Employees Are Saying Posted by employees

Cool company with a lot of smart guys

 Current Junior Trader in Central (Hong Kong)

Pros: working with a lot of smart people Full Review `

More Jane Street Capital Ratings & Reviews ()

Worked for Jane Street Capital? Contribute to the Community!

Add Review Add Salary Add Interview Review Add Photos

The difficulty rating is the average interview difficulty rating across all interview candidates.

The interview experience is the percentage of all interview candidates that said their interview experience was positive, neutral, or negative.

Your response will be removed from the review – this cannot be undone.