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- 23 August 2008
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I have heard off layoffs and 500 people going for 1 job.
Concerning HF positions, it helps to have contacts.
As you can see, the academic standards are quite high... thats before getting though the interview process and the basic maths test (which is not so basic...) I think the optiver test is 70 questions in 8 minutes that are division of and multiplication of 2-4 digit numbers. You can only take the optiver test once - ever.. they will cross reference your name with their database and kick you out if you've done it before.
I did the non official version and got 25 out of the 70 (the minimum number correct required is 60 to get to next stage). And I'm not idiot at maths.. got over 90 in 4U last year...
yep its very tough to get a start these days, if you do get a foot in gotta make the most of it...
even looking at other things on seeks, majority are distinction average type stuff or prior experience/track record
I did the non official version and got 25 out of the 70
Details
PLEASE NOTE:
You must be a 2008 or 2009 grad, have a High Distinction average in a Financial Maths, Actuarial, Economics, Finance or similar degree and you will be in the top 5 of your class. Additionally, you will have excelled in probability and be an excellent poker player.
Yep... getting that HD average isn't the hard part. Finding a firm that will give you the experience is.. I wonder if personal trading counts as experience??
Realistically, Are you becoming traders to make heaps of dollars, or is it a status symbol thing?
Got a link Jono to that test?
I'm doing it for the ladies.
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