Jane Street Trading Desk Operations Interview Questions

Currently undergoing the process for a grad position as an operations specialist in Jane Street. Was wondering if anyone has a resource to study probability questions they might ask? I ask because I imagine the questions they ask operations people at the desk will be different from the questions they ask traders. Glassdoor and old threads here weren't much help tbh and since I don't have a STEM background I want to get some good practice. Currently studying for my uni finals so cant spare much time to study technicals when I'm already cramming 3 modules, want to spend my time as efficently as possible.


If anyone knows anything at all that can help no matter how small it is greatly appreciated!

 

Based on the WSO threads and resources, here are some tips and resources to prepare for probability questions for an operations specialist position at Jane Street:

  1. Understand the Basics: Even though you're applying for an operations role, a fundamental understanding of probability is crucial. Jane Street values candidates who can think quantitatively. You might not face the hardcore probability questions that traders get, but knowing the basics will be essential.

  2. Online Resources: Since you have limited time, online courses can be a quick way to brush up on essential concepts. Websites like Khan Academy or Coursera offer free resources on probability and statistics that can help you grasp the basics efficiently.

  3. Practice Questions: The Massive List of Trading/Quant Questions thread on WSO includes various probability questions. While these are more trader-focused, practicing them can still sharpen your quantitative thinking skills.

  4. Focus on Practical Application: For operations, understanding how probability applies to real-world scenarios, like risk assessment and decision-making, can be more relevant than theoretical questions. Try to think of how probability affects daily operations and prepare to discuss these scenarios.

  5. Mock Interviews: If possible, arrange mock interviews with peers or mentors who can provide feedback on your approach to problem-solving and probability questions. This practice can be invaluable.

  6. Time Management: Since you're also studying for finals, allocate specific times for interview prep. Even short, focused study sessions can be effective.

Remember, the key is to demonstrate your ability to use quantitative thinking in practical scenarios, which is crucial for an operations role at a firm like Jane Street. Good luck with your interview and your finals!

Sources: Jane Street Final Round - What to Expect, The Massive List of Trading/Quant Questions - SIG, Jane Street, Citadel, Goldman, https://www.wallstreetoasis.com/forum/job-search/qa-undergraduate-quantitative-trading-decision-process-advice?customgpt=1, From poker to prop-trading

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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