I have software engineering internship offers for the Voleon group and Schonfeld. I have already accepted a facebook internship offer. Is it worth reneging Facebook for these companies? This is my final internship and I feel like accepting one of the trading firms will make it easier for me to get hft offers for new grad. However I don’t want to burn a bridge so I am wondering if I will get opportunities at JS, HRT, Citadel and others with a facebook internship. If you vote accept one of the companies, could you specify why I should choose one company over the other? Comp offered: Schonfeld $75/hour The Voleon Group $60.25/hour Facebook $8423/month #schonfeld #thevoleongroup #facebook
Do both :); it’s possible.
They are in person
Ask if you can go remote?
Schonfeld is and awful place to work from every account I've heard.
Always pick Facebook unless you can get a quant position at hedge funds. In general it sucks to be a programmer in finance
Join Voleon, FB will always be there but breaking into quant finance will open the door for other quant finance opps down the road.
Why Voleon over Schonfeld?
Prestige
Facebook's reputation right now is really bad. Plus the company has almost 45k employees. By joining a smaller company you'll have the opportunity to add true value, make an impact and grow your career.
hi Voleon HR. in all seriousness, Voleon is not a great place to join if someone is interested in breaking into the finance industry. no garden leave, TC not on par with tier 1 quant shops, but can be competitive with some of the lower paying FAANG, toxic environment on some teams, lack of focus on engineering by the CEOs. I could go on.
Please dont join Voleon. You will regret it.
@OP, which firm did you choose?
TC offered?
Edited to add comp