WorldQuant Reviews

Updated September 4, 2014
Updated September 4, 2014
27 Reviews
3.5
27 Reviews
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WorldQuant Founder & CEO Igor Tulchinsky
Igor Tulchinsky
5 Ratings

Employee Reviews

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  1. 3 people found this helpful  

    Good environment to work with

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

    I worked at WorldQuant full-time for more than a year

    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.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

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

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

    I worked at WorldQuant full-time

    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 ManagementAdvice

    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.

    Doesn't Recommend
  3. 2 people found this helpful  

    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.

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  5. 4 people found this helpful  

    Worst Experience EVER

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

    I worked at WorldQuant full-time

    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 ManagementAdvice

    Please listen to employees, not just manager.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 2 people found this helpful  

    Its the future of trading

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

    I have been working at WorldQuant full-time for more than a year

    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 ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves of CEO
  7. 8 people found this helpful  

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

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

    I have been working at WorldQuant

    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 ManagementAdvice

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

    Recommends
  8. 3 people found this helpful  

    Great environment to work, learn, and advance

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

    I have been working at WorldQuant

    Pros

    Ability to work with and learn from the best and brightest in the industry, good opportunities to advance and move around inside the company, challenging tasks and lucrative incentives to perform well. Employees are encouraged to experiment with projects outside their mandate, and are given full support and coaching by management.

    Cons

    Working remotely is frowned upon.

    Advice to ManagementAdvice

    Telecommuting is very efficient for some people, and should be encouraged.

    Recommends
  9. 6 people found this helpful  

    Performance and Pressure.

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

    I have been working at WorldQuant

    Pros

    You will get the opportunity if you prove your value. And this company provides you the chance to show your real potential. No time consuming bureaucracy. Fast decision making. More about numbers than politics, making high level of fairness. Performance sensitive positions are constantly fired, but that is not uncommon in this business.

    Cons

    Relatively low compensation compared to similar places. Too frequent changes on company policies. Constant pressure. Minimal cooperation. Less learning opportunities (conference, etc).

    Advice to ManagementAdvice

    Persistent pressure changes fun to stress. Over stressed workers cannot make real innovation. Money is only part of compensation. Employee education, providing exciting experience, and top level compensation are proven long term investment.

  10.  

    smart colleagues, challenging work, but too much bureaucracy & lack of transparency

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Quantitative Analyst  in  Hanoi (Vietnam)
    Current Employee - Senior Quantitative Analyst in Hanoi (Vietnam)

    I have been working at WorldQuant full-time for more than a year

    Pros

    - smart colleagues
    - challenging work, you wont get bored

    Cons

    - managers don't respect researchers and don't listen to their suggestions. There are two things I cant stand in a person: lack of integrity, and talking too much about things that he does not really know. Unfortunately my local GM has both.
    - bureaucracy, lack of transparency, many room for favoritism
    - very little left for new employees. Most of the pie is occupied by veterans, who are also given more privileges and have much better access to data / information. PMs have little incentive to use new alphas. New researchers ended up with very little bonus

    I think Igor is a good leader, however he has allowed a big gap to exist between him and the researchers, and the management who is filling the gap is incompetent. Hopefully he will realize that.

    Advice to ManagementAdvice

    - listen to the researchers, treat them with respect, they are the core of your business
    - make things transparent, spread information out, stop giving unfair advantages to the veterans

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Great experience but too much impulsive decision making at WQ India

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)

    I worked at WorldQuant full-time for less than a year

    Pros

    Great work -life balance. Compensation is great!! especially bonus

    Cons

    Lack of planning and lack of long term straegic policy and vision.. decisions are taken impulsively.. especially in WQ India sometimes at the cost of jobs of employees.. no consistency in decision making at WQ India

    Advice to ManagementAdvice

    Leadership at WQ India should own up the responsibility of the decisions taken especially by taking a long term view of company as a whole and should not just think of completing the given target by USA headquarter.

    Recommends
    Positive Outlook
    Approves of CEO

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