Quantitative Analyst Intern Interview Questions

10,159 quantitative analyst intern interview questions shared by candidates

Q: If you have a chance of winning a $1 for every head that is flipped, how much will you make for 4 tosses? Then, if you were given the option to flip one of the tails one more time, what does your expected value of winnings climb to? Vice-versa.
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Quantitative Researcher

Interviewed at CaaS Capital Management

5
Aug 26, 2022

Q: If you have a chance of winning a $1 for every head that is flipped, how much will you make for 4 tosses? Then, if you were given the option to flip one of the tails one more time, what does your expected value of winnings climb to? Vice-versa.

At a school fair, you stumble across three children playing a game. The game involves four jars that each contain an equal number of marbles of each of six colors: blue, red, yellow, green, orange, and purple. In a turn, one draws a marble at random from each jar and the object of the game is to draw four marbles of the same color. The four marbles are then returned to their original jars and the turn ends. You observe each of the three children play a turn. The first child draws 2 green marble, 1 blue marbl, and 1 red marble. The second child draws 3 red marbles, and 1 yellow marble. The third child draws 4 blue marbles (and wins). In expectation, the third child has played M times as many rounds of this game as the second child has, and the second child has played N times as many rounds of this game as the first child has. Compute M+N.
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Quantitative Researcher

Interviewed at GSA Capital

4.7
Jul 22, 2024

At a school fair, you stumble across three children playing a game. The game involves four jars that each contain an equal number of marbles of each of six colors: blue, red, yellow, green, orange, and purple. In a turn, one draws a marble at random from each jar and the object of the game is to draw four marbles of the same color. The four marbles are then returned to their original jars and the turn ends. You observe each of the three children play a turn. The first child draws 2 green marble, 1 blue marbl, and 1 red marble. The second child draws 3 red marbles, and 1 yellow marble. The third child draws 4 blue marbles (and wins). In expectation, the third child has played M times as many rounds of this game as the second child has, and the second child has played N times as many rounds of this game as the first child has. Compute M+N.

How to calculate the length of a union of n intervals. For example, the union of [1.5, 2] and [2.5, 3] is [1.5, 2] U [2.5, 3], which has length 1. The union of [1.5, 3] and [2, 2.5] is [1.5, 3], which has length 1.5.
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Quantitative Analyst

Interviewed at Morgan Stanley

3.9
Nov 10, 2017

How to calculate the length of a union of n intervals. For example, the union of [1.5, 2] and [2.5, 3] is [1.5, 2] U [2.5, 3], which has length 1. The union of [1.5, 3] and [2, 2.5] is [1.5, 3], which has length 1.5.

What are p values. What would happen if you double the points in the dataset and its effect on p values and other metrics. Some brainteasers. Some probability questions P(x>0|x+y>0)... X and Y are iid from standard normal
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Quantitative Strategist

Interviewed at Virtu Financial

4
May 4, 2022

What are p values. What would happen if you double the points in the dataset and its effect on p values and other metrics. Some brainteasers. Some probability questions P(x>0|x+y>0)... X and Y are iid from standard normal

1. How to find rows that contains missing values for a matrix using matlab? 2. How to calculate simple moving average with moving window n for a vector X (for example, 100*1) using matlab (cannot use any build in function such as tsmovavg)? 3. Are you familiar with different optimization function in Matlab? 4. Are you familiar with GARCH model, why use ARCH/GARCH model? What kind of stochastic process you have learned? Do you use any numerical methods to solve PDE? 5. You have a coin, you don't know whether it is a fair coin or a biased one. The probability to get a head follows a uniform distribution with (0,1). Given the first toss is a head, what is the probability that the second toss is also a head?
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Quantitative Analyst

Interviewed at State Street

3.4
Jul 7, 2015

1. How to find rows that contains missing values for a matrix using matlab? 2. How to calculate simple moving average with moving window n for a vector X (for example, 100*1) using matlab (cannot use any build in function such as tsmovavg)? 3. Are you familiar with different optimization function in Matlab? 4. Are you familiar with GARCH model, why use ARCH/GARCH model? What kind of stochastic process you have learned? Do you use any numerical methods to solve PDE? 5. You have a coin, you don't know whether it is a fair coin or a biased one. The probability to get a head follows a uniform distribution with (0,1). Given the first toss is a head, what is the probability that the second toss is also a head?

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