D. E. Shaw & Co. - Investment Firm Overview

  • www.deshaw.com
  • New York, NY
  • 1001 to 5000 Employees
  • 1988
  • Company - Private
  • Investment Banking & Asset Management
  • Unknown / Non-Applicable

The D. E. Shaw group is trusted by investors across the world to manage their assets by seeking the optimal balance of risk and reward. We use a combination of quantitative and qualitative tools to uncover independent, hard-to-find sources of return across global public and ...
Mission: Founded in 1988 over a small bookstore in downtown New York City, we began with six employees and $28 million in capital and quickly became a pioneer in computational finance. In the early days of exposed pipes and extension cords, tripping on a cable could take out our whole ...

D. E. Shaw & Co. - Investment Firm Reviews

4.6
97%
Recommend to a Friend
99%
Approve of CEO
David E. Shaw
David E. Shaw
67 Ratings
Jan 10, 2021Helpful (1)
D. E. Shaw & Co. - Investment Firm icon

"Great culture and compensation"

Current Employee - Analyst in New York, NY
Recommends
Positive Outlook
Approves of CEO

I have been working at D. E. Shaw & Co. - Investment Firm full-time for more than 3 years

Pros

Really interesting work
High performing yet down-to-earth culture
Very competitive compensation

Cons

Can sometimes feel bureaucratic, upward mobility seems very dependent upon a spot being available via turnover
See All 149 Reviews

Diversity & Inclusion at D. E. Shaw & Co. - Investment Firm

4.3
(3 Reviews)

Diversity & Inclusion FAQs

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How is diversity at D. E. Shaw & Co. - Investment Firm?

...As of a few years ago, investment in diversity, equity, and inclusion was poor...Read More

D. E. Shaw & Co. - Investment Firm Photos

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D. E. Shaw & Co. - Investment Firm Interviews

Experience
Positive50%
Negative21%
Neutral29%
Getting an Interview
Applied online55%
Campus Recruiting24%
Recruiter14%
Difficulty
3.3
Average
HardAverageEasy

  1. Featured InterviewHelpful(8)
    [employerShortName] icon

    Quantitative Strategist/Analyst Interview

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

    I applied online. The process took 4 weeks. I interviewed at D. E. Shaw & Co. - Investment Firm (New York, NY) in Jan 2020

    Interview

    The process was quite long but it moved very quickly on their end, and my recruiter was very responsive throughout the whole process. Overall, it consisted of a phone call with a recruiter, a technical phone call with a quant, a full day onsite with 4 interviews, and finally having to send them a writing sample, a code sample, and 1-2 references.

    The technical interviews were quite challenging. The first technical interview (on the phone) lasted roughly an hour and consisted of me talking about my research for the first half and then 2 technical questions during the second half (probability + applied stats). My interviewer was very friendly, seemed interested in my research, and was helpful when I got stuck on a problem. I thought I bombed it so I was shocked to get invited onsite.

    The day of onsite interviews was surprisingly pleasant. I expected it to be very intimidating and cutthroat but actually all my interviewers were friendly and approachable, and seemed interested in me. The way it works is you have three interviews in the morning, and if they like you, you have another interview after lunch. All the interviews followed roughly the same format as the initial technical phone call: talk a bit about my research and then 2-4 technical questions. Some problems were coding-based, and others were more traditional probability and applied stats. After the fourth interview my recruiter let me know that I'd be moving on to the next step, which consisted of sending them a coding sample, a writing sample, and 1-2 references. My recruiter kept me posted as they heard back from my references, and shortly thereafter I got the offer.

    It seems like a phenomenal place to work; much more laid back and informal than a traditional hedge fund, and has a very academic feel to it.
    Interview

    Probability, applied stats, algorithms.

    Answer Question

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D. E. Shaw & Co. - Investment Firm Awards & Accolades

  • Macro (Over $1 Billion) Fund of the YearHFM2019
  • Multistrategy Hedge Fund Manager of the YearInstitutional Investor2019
  • Multi Strategy Fund of the YearAbsolute Return2018
  • Management Firm of the YearHFM2018
  • Institutional Hedge Fund Manager of the YearInstitutional Investor2016

D. E. Shaw & Co. - Investment Firm FAQ

(17 Questions)

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What are perks and other benefits like at D. E. Shaw & Co. - Investment Firm?

...Intelligent people, nice office, nice perks (nap pods, treadmill desks, etc)...

July 22, 2019

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