D. E. Shaw & Co. - Investment Firm Interview Questions | Glassdoor

D. E. Shaw & Co. - Investment Firm Interview Questions

Updated Aug 12, 2017
140 Interview Reviews

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Candidate Interview Reviews

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  1.  

    Corporate Development Interview

    Anonymous Interview Candidate in New York, NY
    Declined Offer
    Negative Experience
    Easy Interview

    Application

    I applied through college or university. The process took 5 weeks. I interviewed at D. E. Shaw & Co. - Investment Firm (New York, NY) in October 2015.

    Interview

    1-2 phone interviews, 1-2 on-sites. I had a very negative phone screen where my nontechnical interviewer kept calling my coding projects "low hanging fruit" and saying they seemed very simple to implement. It was extremely condescending, and I decided not to continue with the interview at that point. It's a shame, because I had positive experiences with this company in the past, but I guess the culture might be changing.

    Interview Questions


  2.  

    Proprietary Trading Interview

    Anonymous Interview Candidate in New York, NY
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 2 weeks. I interviewed at D. E. Shaw & Co. - Investment Firm (New York, NY) in October 2015.

    Interview

    30min phone interview on Friday. Heard back for an on-site in New York the next Monday. Did the on-site the week after. Have 4 rounds with 2 teams of people .Each interview one-on-one. Enjoyed the process.

    Interview Questions

  3. Helpful (3)  

    Investor Relations Business Affairs Associate Interview

    Anonymous Interview Candidate in New York, NY
    No Offer
    Negative Experience
    Average Interview

    Application

    I applied through a recruiter. The process took 1 day. I interviewed at D. E. Shaw & Co. - Investment Firm (New York, NY).

    Interview

    They reached out to me to ask if I wanted to interview for the position. There was a phone interview, then most-of-a-day of in-house interviews. Most went well; I interviewed with four people. One (the lead guy) came across as uninterested and arrogant. The others I liked.

    They never bothered to follow up, in any form, to tell me that I didn't get the job. I walked out of the in-house interviews thinking I probably hadn't, but it's so discourteous not to bother to take 25 seconds to write a rejection email. Especially as I took one of my very few vacation days to come in for the in-house interviews. Makes it hard to regret not getting an offer.

    Interview Questions

    • Nothing unexpected. A few behavioral questions, a few "why this job" questions.   Answer Question

  4. Helpful (9)  

    Quantitative Analyst Interview

    Anonymous Interview Candidate
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online. I interviewed at D. E. Shaw & Co. - Investment Firm.

    Interview

    submit my resume online and get contacted after a month. they scheduled me a phone interview, mainly asking me two questions, one is about programming and the other is about probability, get rejected the day after the phone interview. The programming question is how do you get the largest product of three numbers out of an array. The probability question is what's the probability that you randomly choose three points on a circle and these three points would be covered by a semi-circle.

    Interview Questions

    • The programming question is how do you get the largest product of three numbers out of an array. The probability question is what's the probability that you randomly choose three points on a circle and these three points would be covered by a semi-circle.   2 Answers

  5.  

    Quantitative Analyst Interview

    Anonymous Interview Candidate
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. I interviewed at D. E. Shaw & Co. - Investment Firm.

    Interview

    Applied online and heard back for a phone screen soon after. After phone interview, heard back within 2-3 days for onsite interviews. There were 5 of them, each about an hour long, including a lunch interview. All interviewers were mostly friendly and helpful, with one notable exception. Expect soft behavioral questions like why finance, and explaining your background.

    Interview Questions

    • Brush up on regression, and basic probability and statistics questions   Answer Question

  6.  

    Executive Assistant Interview

    Anonymous Employee in New York, NY
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through a staffing agency. The process took 5 days. I interviewed at D. E. Shaw & Co. - Investment Firm (New York, NY) in March 2015.

    Interview

    Met with several other EAs in one day one after another and then was called back to meet with manager who needed support. Received an offer relatively quickly. Everyone was very nice and had a sense of humor.

    Interview Questions


  7. Helpful (39)  

    Quantitative Analyst Interview

    Anonymous Employee in New York, NY
    Accepted Offer
    Positive Experience
    Difficult Interview

    Application

    I applied online. The process took 2+ months. I interviewed at D. E. Shaw & Co. - Investment Firm (New York, NY) in November 2014.

    Interview

    Timeline (~2 months):
    ----------------------------
    Applied in mid October. Phone interview was set-up two weeks later. On-site interview the week after. A lot of background check related activities for over a month. Offer given after all checks complete.

    Phone interview:
    -----------------------
    - 45 minutes, single interview
    - probability/statistics and algorithms questions
    - very friendly, casual
    - invited to on-site immediately afterwards

    On-site:
    ----------------------
    - 5 consecutive one-on-one hour long interviews with quant team (3 in morning, 2 after lunch)
    - 1 "off the record" lunch with another team member
    - extremely nice, brilliant people
    - a lot of questions about my research (be prepared to talk details!)
    - brainteasers (algorithms, black-scholes, arbitrage-free pricing, statistics, order-of-magnitude estimations)
    - time breakdown: 50% fit/research, 50% brainteasers

    Follow-up:
    --------------------
    - at the end of on-site, asked to submit via e-mail: references (4 phone contacts), code samples (~500 lines of code that you're particularly proud of), writing samples (e.g. a scientific paper)
    - a TON of background checks in the month following
    - got weekly phone-call updates to let me know status of my application and also so I could fill out more forms for the background check (I was truly amazed at the dedication and care they took in keeping me informed, especially since the process took so long!)
    - they also asked me about details from other offers I had

    Interview Questions

    • Which is more: a) the number of stars in our galaxy, or b) the number of grains of sand that will fit in a 5 gallon bucket.

      How do you estimate both (a) and (b) using reasonable assumptions that a normal lay-person could verify/agree-with?   1 Answer

    Negotiation

    Told hiring manager the numbers from some other hedge fund offers I had at the time. DE Shaw countered with an offer that was superior in all aspects (salary, bonus, benefits) -- didn't feel the need to negotiate since it was the best offer I received and significantly more than industry average.

  8.  

    Intern Interview

    Anonymous Interview Candidate
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. The process took a week. I interviewed at D. E. Shaw & Co. - Investment Firm in January 2015.

    Interview

    Very professional and quick. Seems like a great place to intern, but was not selected. Practice on brain teasers and logic questions. They want fast thinkers who are competent as problem solvers.

    Interview Questions


  9. Helpful (15)  

    Finance and Operations Associate Interview

    Anonymous Interview Candidate
    No Offer
    Positive Experience
    Difficult Interview

    Application

    I applied through college or university. The process took a week. I interviewed at D. E. Shaw & Co. - Investment Firm.

    Interview

    Applied through school career website, the process took about a week. I got the first round interview in school. The guy was very nice, he didn't mention anything about the interview in the first 5 mins.

    Interview Questions

    • what is 57*89?
      Pitch me a stock.
      If a company's P/E Ratio is 10 compare with the industry avg of 12, what do you think the reason is?   Answer Question

  10. Helpful (8)  

    Quantitative Analyst Interview

    Anonymous Interview Candidate
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 2+ weeks. I interviewed at D. E. Shaw & Co. - Investment Firm in November 2014.

    Interview

    Phone interview. The interviewed asked about my research projects and a couple brainteasers about fair coin flips required to use law of large numbers and large deviation. The interviewer is very friendly, and seemed to be interested in my research. The brainteasers are standard probability questions.

    Interview Questions

    • Flip a fair coin 1000 times. What's the probability that the number of heads come up more than 550 times? What theorem would you use to describe probabilities of rare events as number of coin flips goes to infinity?   2 Answers

See What D. E. Shaw & Co. - Investment Firm Employees Are Saying

StarStarStarStarStar   Former Anonymous Employee in New York, NY

Pros: “Great culture, wonderful people, smart management, plenty of opportunity.”“Great culture, wonderful people, smart management, plenty of opportunity.” – Full Review

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