I am currently a junior at a target school for CS and I was fortunate enough to receive two offers for Summer 2021 internships. This previous summer I interned at Facebook and had a really great time working on Machine Learning stuff. I'm looking to maximize my earnings after college while also getting to work on cool stuff. I don't really care about the intern salary itself, mainly getting the best return offer. I've heard two year returning interns at Facebook get much better offers, but I see that new grad offers from Two Sigma are generally higher since its a trading firm. However, I find the problems at Facebook more exciting than Two Sigma, since I'm pretty into data science but I'm not really interested in being a quant. I've also heard that career progression at Two Sigma is much slower than at Facebook. Both offers are for New York city. #engineering #software #swe
Two sigma doesn’t actually pay more than G/F.
Really? How so? I thought they did because pay at G/F has a 4 year cliff whereas TS is all cash
Do you plan to stay more than 4 years? All cash is deceptively bad. With stock, your TC increases along with stock growth. All cash does not do that. So all cash is actually worse on average from a TC perspective. As far as general offers, you can look at levels.fyi to get an idea of TC, they look pretty similar to me
full-time job in hand is worth more than possibility of return offer
I don't have any full-time offers though, only internships. Unless you're saying one place is easier to convert to full-time return offer?
oh sorry, I misunderstood--TS conversion is higher than 50% iirc, but if you plan to stay in tech and not finance long-term, I think FB would be better to start off your career
Same situation, I took FB
Doesn’t two sigma not even have free food? 🤮🤮🤮
They have two office buildings though
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People are fleeing Two sigma. Don’t go.
Any idea why?
There was a very informative answer previously but the poster deleted the post.