Recent content by echostate

For entry-level quant position, how to compare the career perspectives of the following three categories: 1) famous hedge funds (e.g., Two Sigma/DEShaw/Citadel) 2) relatively established prop shops (e.g., Getco, Hudson River Trading, Jump Trading) 3) new shops (Eladian Partners, Teza...

Thanks for the input! How about entry-level candidates? Do headhunters get a fixed amount of commission for placing an entry-level candidate? Or their commission also depends on the offer rate? In other words, is using headhunters a negative thing for negotiating the offer?

Or headhunter's commission is a fixed number for a certain level of candidates, *regardless* of the details in the final offer?

For students, most our references are from professors. For companies who ask reference contacts from us, will they really contact every professor we list as references? If 10 companies asked me about references, will each professor be contacted 10 times? This is kind of crazy ... professors...

Oh I see. I guess I didn't make my question clear. For positions that we cannot find by ourselves, certainly we need to work with HH. The main question is for companies that list their openings online (e.g., twosigma, deshaw, worldquant). I'm asking because many times HHs contact me but the...

Nice points ... I guess it's really difficult to spot such a "good" HH ?

Nice discussions. Thanks. Since the company needs to pay HH, does it mean: 1) if two candidates are approximately same good, then they will take the one that applies by herself to avoid the extra payment? 2) those who apply by themselves are easier to negotiate a better starting package since...

Thanks for the input. So one possible benefit is "a larger chance to get the first-round interview". Is there other benefit? e.g., can headhunter help us negotiate the package in a way that we cannot do by ourselves?

Say, a real quant researcher or quant strategist offer. 90k ~ 150k base, and then ... Sign-on bonus? Guaranteed Bonus?

Could you elaborate on this? Thanks!

For companies who already posted their openings on their websites, what are the benefits / risks of using headhunter (instead of applying by ourselves)? e.g., two sigma post all their openings on the website and also has a number of campus recruiting events, yet quite a few headhunters...

A fully funded master program is difficult to find. The reason you get fully funded in your program is because you work for your department/advisor (i.e., you provide enough values). A master student isn't that valuable as a worker, since he needs most of his 1.5-2 years finishing his own study...

I'm not sure what kind of fully-funded programs you can get in. I will be more worried about getting in such a program before I start thinking about how to get off ... Also, not sure what a master degree from a third-tier CS program can give you (if you already have a reasonably decent...

In a fully-funded CS program, you pretty much is financially supported by your advisor. If your advisor is not happy with your performance and/or you doing part-time job, he can stop your funding anytime he wants.

1. It's not the "right" thing to do. 2. A fully funded PhD program is MUCH more difficult to get in than a Master program (the number of openings in a fully-funded PhD program is just too limited). As a result, you might be able to get in a top 5 master program, but only a top 50 PhD program...