Any insights on Discover Citadel program?

Hi all, I recently (and luckily) managed to get a chance to take part in the "Discover Citadel" program. Doesn't seem like a Spring Week like the UK people as it's only one day.

Seems to be mainly networking and all, but there's some programming/quant challenge. Was more interested/focused on the Investing/Equities side of the house, so not sure what I can even do lol...

Thanks again, and would love to hear about what yall know.

 

Discover citadel is aimed at their quant side. Both from the quantitative side of the hedge fund and the market-making arm Citsec. Networking doesn't really do much, the event is largely just to raise interest in their SA programs for quant trading/dev roles.

The equities/investing side doesn't have a direct comp, there's CAP SA/FT but they aren't super focused on developing these schemes since they largely hire from other multimanagers, IB and ER. There is the GFI summer internship in LDN for global macro strategies.

 

(OP here) Thanks a lot for the response, very much appreciated!

Honestly don't even know what I'm going to be doing there as my experiences/indicated interest is in L/S public equities lol (and it's on my resume too. Nothing on it suggests a quant profile)... With nary any programming or quant knowledge, I think I'm just going to embarass myself there if Discover Citadel is targeted at quants. Checked in with the event hosters if there's going to be any "Investing" people there, because if not there's not much point in going too sadly :/

 

You should still go even if there aren't. Who knows, you might find trading interesting.
 

 

Quia tempora illo et dolor quidem hic itaque est. Qui sed repellat voluptates facilis dicta. Exercitationem nulla quis ratione tempore accusamus. Est temporibus ea voluptas est dolorem impedit maxime.

Voluptas et error dolorem enim animi sit excepturi. Neque est labore ad ea maxime eos saepe. Corporis odit nihil aspernatur autem voluptates ipsa commodi. Quia rerum eligendi dolorum. Minus molestiae recusandae qui aut aut quo. Qui id aut enim accusantium corporis qui est.

Nulla eligendi explicabo molestiae numquam facilis. Cumque quia dolores sed ut blanditiis. Quae a illo sed minima est voluptas et eveniet.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”