WorldQuant Reviews

Updated July 19, 2015
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3.6
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WorldQuant Founder & CEO Igor Tulchinsky
Igor Tulchinsky
11 Ratings

38 Employee Reviews

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  1. Great introduction to quantitative research

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quantitative Research Consultant in New York, NY
    Former Employee - Quantitative Research Consultant in New York, NY

    I worked at WorldQuant part-time (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Informative mentoring lectures by senior researchers are a great way to dive into quantitative finance, even for those without any background in it. Plenty to learn from the additional leaning resources (research papers, blog links etc.) provided to the consultants. A decent stipend plus a healthy performance based bonus is an added incentive to provide better results. Consultant work during their own free time, hence have complete control over work - life balance.

    Cons

    There is very little interaction between the strategy developers (consultants) and the implementers (asset managers). There is a periodic overdose of lectures by senior researchers followed by extended periods of inactivity.

    Advice to Management

    Greater interaction between asset managers and consultant may improve idea generation, as it will help consultants gauge the requirements of the asset managers.


  2. Helpful (7)

    Need improvement on managers in IT and work culture

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at WorldQuant

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Good Pay. Nice Office. Few Intelligent people.

    Cons

    Work culture is based on fear, secretive and not an open minded environment. IT department and project management lacks vision, not friendly, extremely Ad hoc.

    Advice to Management

    Bring motivating managers so the IT resources will be happy and will deliver with a lot of satisfaction


  3. Helpful (5)

    Part time consultant at WorldQuant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Part Time Consultant
    Former Employee - Part Time Consultant

    I worked at WorldQuant

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good experience. Learned a lot about statistical arbitrage. They gave us training sessions to test the alpha platform. It worked pretty well.

    Cons

    The work is pretty challenge and they didn't give us much instruction. I need to read many books and articles to learn knowledge. The book, active portfolio management, gave me some inspiration.

    Advice to Management

    More training.


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  5. Helpful (4)

    Good job and pay

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at WorldQuant

    Pros

    Good job and good pay

    Cons

    long work hours every day


  6. Helpful (6)

    The place doesn't provide a good learning experience. There is a communication gap with the management.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at WorldQuant full-time

    Doesn't Recommend
    Doesn't Recommend

    Pros

    The work hours are normal, you get enough time to maintain work life balance. It provides you a platform where you can experiment and learn on your own, but the job doesn't provide much learning and becomes boring after sometime.

    Cons

    There is communication gap between teams. It is very difficult to try out new ideas or work creatively if your manager is opposed to it. People join the company thinking they would get ample opportunity to learn the business side of things but access controls have become more restrictive in last few years and it does require implicit manager acknowledgement/permissioning for everything you do.

    Advice to Management

    There should be an anonymous 360 review system where employees can rate their managers as well. Steps should be taken that employees become more comfortable expressing their views.


  7. Helpful (12)

    Good environment to work with

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Data Analyst/Quant Researcher
    Former Employee - Data Analyst/Quant Researcher

    I worked at WorldQuant full-time (More than a year)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    Pros

    Lots of mobility Friendly environment and decent management Generous pay structure for researchers / PMs Flat hierarchy (few intermediate managers)

    Cons

    Poor planning leads to mediocre job stability: company hires lots of people, than suddenly lays them off. I said mediocre rather than poor, as they tend not to fire people when they are not in cost-cutting mode, except of case of clear failure.


  8. Helpful (14)

    Worst Experience EVER

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at WorldQuant full-time

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Nothing. Get ready to be humiliated at this company

    Cons

    A lot. Manager will not listen to your opinion or to your value addition. They treat you as you do not matter. You can never challenge or even think of challenging manger's idea. They threaten you. Managers are arrogant. Senior management do not care or listen to its employees.

    Advice to Management

    Please listen to employees, not just manager.


  9. Helpful (2)

    Great Work Experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at WorldQuant

    Pros

    WorldQuant is a great place to work, and it’s been an honor and a joy to be part of the inventiveness, creativity, intelligence and drive that informs their aim to create the trading firm of the future.

    Cons

    Can not think of anything.


  10. Helpful (3)

    Its the future of trading

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technology in Old Greenwich, CT
    Current Employee - Technology in Old Greenwich, CT

    I have been working at WorldQuant full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    You get to work with industry's world class smartest people. Everything is well designed, be it infrastructure or technological processes. Management is fair Compensation is awesome If you want to grow, this is the place. Work life balance is really good.

    Cons

    Too many people getting sacked. But of course for a reason of non-performance.

    Advice to Management

    There should be a one to one meeting with ground staff with management (at least once a year if not twice).


  11. Helpful (8)

    Great place to work - fun, challenging, and you'll learn a lot.

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Old Greenwich, CT
    Current Employee - Anonymous Employee in Old Greenwich, CT

    I have been working at WorldQuant

    Recommends
    Recommends

    Pros

    Great people to work with - they are friendly and you can learn a lot from them. Good incentives to work hard. Solid technology and infrastructure to work with. A lot of freedom in your daily work. Competitive environment.

    Cons

    You'll have to learn to manage your time very well. Not as much cooperation as you might see at other places.

    Advice to Management

    Continue providing good incentives to employees to maintain top notch performance.



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