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USultra-elitefull time rotation

Quantitative Trader / Software Engineer

at Jane Street

Elite quant trading firm. Highest-paying new grad program in finance by a wide margin.

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Year 1 TC
USD 400k
Acceptance
<0.5% (hires ~50 new grads globally)
Apply By
October-December
Interview Time
8 weeks

About This Program

Jane Street hires top-tier new grads for Quant Trading and Software Engineering roles. Known for OCaml programming, mental math prowess, and insane compensation. Famous for 'puzzle hunt' recruiting.

What You'll Do

  • Build and run trading strategies (QT) or infrastructure (SWE)
  • Work on ETF arbitrage, options market making, systematic trading
  • Learn OCaml (Jane Street's primary language)
  • Access to Jane Street's research and training

Eligibility

Degree
Bachelor's, Master's, PhD
GPA
3.8+ typically
Preferred Majors
Math, Computer Science, Physics, Statistics
Year Level
senior, graduate, phd

Visa Sponsorship

H1B Sponsorship
OPT / CPT

Heavily sponsors international talent from top schools.

Compensation Breakdown

Base Salary
USD 200k-250k
Signing Bonus
USD 100k
Year 1 Total
USD 400k
Return Offer
~95% for interns

Highest-paying new grad program in US. QT roles can hit $500K+ with bonus in year one.

Benefits

  • Free gourmet meals (3x/day)
  • On-site gym
  • Lifetime learning stipend
  • Research sabbaticals
  • Internal puzzle & math competitions

Interview Process (4 rounds)

  1. 1

    Application + Jane Street Estimathon (quiz)

  2. 2

    Phone screen (mental math + probability puzzles)

  3. 3

    Virtual onsite: 4-6 interviews (math, probability, coding, trading games)

  4. 4

    Final round: Trading simulation + partner interviews

Interview Formats

Mental math (large multiplications in seconds)Probability puzzlesTrading games (buy low/sell high in auction)OCaml / coding (for SWE roles)Market making simulations

Pass rate: <1%

AI-Powered Prep Tools

chatgpt

Jane Street Mental Math Prep

Practice mental math at Jane Street speed

chatgpt

Probability Puzzles Mock

Jane Street-style probability questions

claude

Trading Game Simulation

Practice Jane Street trading games

Prep Resources

bookHeard on the Street by Timothy Crack
bookA Practical Guide to Quantitative Finance Interviews by Xinfeng Zhou
bookQuant Interview Questions by Mark Joshi
courseJane Street Puzzles (practice)
forumr/quantfinance (Reddit)

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