Citadel and Citadel Securities are set to begin their summer internship program on June 9, accepting just 0.4% of applicants from a record 108,000 submissions. This year's intake of over 300 students reflects heightened competition on Wall Street, mirroring trends seen at other firms like Goldman Sachs. Interns will experience perquisites, including trips to Florida, and the firms report an impressive diversity in educational backgrounds. Their recruitment strategy focuses on evaluating top global talent in quantitative finance, as explained by campus recruiters Matt Mitro and Fabian Figi.
"Citadel and Citadel Securities in particular, and the quantitative finance industry more broadly, have become a destination for top students worldwide," said Figi, the head of campus recruiting.
"It's a record level of exclusivity even for a pair of firms known for recruiting only the brainiest quants and traders."
"One reason may be the record number of applicants, 108,000 across the two firms - up 20% from last year."
"The record low acceptance rate at Griffin's trading empire is just the latest example of how the path to a career on Wall Street has become more competitive."
Collection
[
|
...
]