r/quantindia

• Which models do you use most frequently, and for what tasks?
• Which models have delivered the most practical value versus being primarily academic?
• How important are classical statistical models compared to modern ML methods?
• Are tree-based models still dominant, or is deep learning becoming more prevalent?
• If you were starting over today, which models would you prioritize learning?

Industry practitioners are invited to comment on any of the above. Thanks in advance.

I was in brain as QRC for last 1.5 year(started it in my drop year after grade 12) now got offer letter to become QR intern for summer… The pay is good..
Should I give it a shot ? Or look for other opportunities? I got 2 more offers too(one from another HFT and one US based startup)

Im looking for ug degrees/universities that suits the path to join as a quantitative trader. I missed my shot in JEE so I know a lot of people would say IITs but are there any other universities? Which ug degrees would you suggest? It may be Bsc or Btech.

Hey, anyone has any clue about what is asked in IMC graduate SWE interview ? Have my interview this friday. So if anyone has any idea about the process and what all is asked then please help

Trying to understand something specific about the Indian equity market and curious if anyone here has dug into this.

The pattern: systematic strategies on NSE/BSE-listed equities show reasonable signal at short horizons (intraday to 5 days). Past 30 days, out-of-sample performance collapses. This is well-documented anecdotally in the Indian quant community but I haven't seen rigorous analysis of why.

Two competing hypotheses:

Data problem: Indian markets lack the alternative data layer that US quant funds use to anchor medium-term signals. No credit card transaction data, no structured e-commerce signals, no job posting intelligence for listed companies. Without macro regime anchors and company-level demand signals, models have nothing to latch onto past the short-term noise.

Structural problem: Indian market microstructure makes medium-term alpha structurally difficult regardless of data; retail-dominated order flow, lower institutional participation in mid/small cap, liquidity constraints that make systematic positioning impractical past a certain size.

My instinct is it's both but the Data problem is more solvable than the Structural problem. Has anyone actually tested alternative data signals on Indian equities with enough rigor to know whether they add medium-term predictive power? Or is the consensus that it's primarily a Structural problem?

I want to solve green book (A Practical Guide to Quantitative Finance) for intern prep, was thinking of using a physical copy rather than pdf
on amazon and flipkart it goes for 3000 and 1500 respectively is there any other site to buy this from for reasonable price?

Hi, I am 22 and recently joined my first job in a Fintech, working as a Python developer specialising in risk and pnl in the global markets division. I kind of hate my job here because there isn't a lot of coding involved. We hardly change a few lines of code here and there. Growing up, I was very interested in math. Now I want to switch to Quant dev ( which hopefully has math+programming ). How do I start preparing for it? I have a B.Tech degree in IT from a Tier 2 institute. Is there any quantitative developer out there who could help? Do I need a Master's degree for this? Since Quant roles are usually filled by graduates of Tier 1 institutes. What should be my next step in preparation?

I know Graviton and alphagrep are among the top Indian firms.

What is the general tier list for non Indian firms that materially employ in India. Firms like IMC, Optiver, Jump, Tower, etc.

Hey everyone, I'm a 2nd year CS student at top-4 IITs heavily targeting quant trader/systems/SDE role specifically aiming for top-tier HFTs. I have a strong competitive programming background and am comfortable with standard data structures and algorithms, but I know these firms place an incredibly high premium on deep, low-level C++ systems knowledge in their rounds.
For those who have cleared these interviews: What are the absolute best technical books, references, or advanced topics I should focus on to bridge the gap between CP code and production-level standard mechanics?
Appreciate any guidance. Thanks!

Has anyone appeared for the NK Securities SDE-1 Interview?

My interview is scheduled in a couple of days and I need some guidance for practice.

Which topics do they generally ask and what are their expectations?

Hey everyone!

I just got a call regarding my "introductory" round for the role mentioned above GBM - Asset Financing Strats. Sounds exactly like a sell-side quant role i want to transition into from a buy-side quant at a Tier-2 MFT based in Gurgaon.

Little about me :
- Top 7 IITs with majors in EE and a decent CG.
- Quant researcher with profitable strats in US, Brazil markets.
- Looking for a switch coz the work and the senior management is trash. Not to mention, risk vs reward is the worst.
- Current role doesnt align with future plans of MBA abroad. GS, JP would be feeders to them.

Questions :
- Please educate me with what this division does. Or any leads would be helpful.
- Any tips of how to perform in the interview (coz this is my 2nd interview of my career since the quant was the first interview-first offer)
- Is "introductory" round really just introduction or are they going to grill me?
- Puzzles from brainstellar and puzzledquant should be sufficient or am i missing out on something?

Need your guidance asap since they scheduled the interview for tmrw itself, so im short of time to prepare to my fullest ability.

Thanks in advance!

Let me clarify first. I just gave JEE Advanced (lol), and based on that, I have a feeling that I might get IIT Kanpur, IIT KGP Mechanical, or some other branches at that rank. Coming from a very small town, I don't have much knowledge about programming. So I just want to ask: is there any chance of getting a placement at any HFT four years later? Or at any FAANG company, and then maybe switching to a trading firm? Has anyone here done this?

​Sorry for being such a newbie and asking here!

I am final year undergrad from tier 1 iit electrical branch.. since i am based out of Noida, was searching hfts in ggn and noida

I recently came across a QR role at QuantX.

Some people are saying it's a scam company,

Can any current or ex employee give their review about the firm..

Thanks

Background : CS Engineering (Tier 3) + MBA Fin (Tier 2)
Academics : 7/8/7
Country: India

How do I start preparing for Quant Research Internship / Full time roles.

Would be happy if some one guides me. You can be honest with me if this profile can land a role.

Thanks in advance

2026 grad from Tier 1 CS/MnC. I have accepted a (quant) offer from one of :

Irage, Plutus, Dolat, Kivi, Mathisys

Offer letter mentions a non compete. I was wondering how people get past this when transitioning to bigger firms (either in India or abroad)

Accepted a QR intern offer from Firm X a few days ago, but just got an interview invite from Firm Y. Is it normal/acceptable to keep interviewing after accepting an internship offer? For context: I accepted recently, haven’t joined yet, and would be starting in the first week of next month.