Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Hedge Funds V. Silicon Valley, The Battle For Quant Talent
Hedge Funds

Hedge Funds V. Silicon Valley, The Battle For Quant Talent

by worldcrunch.com posted 1year ago 269 views
On the warmest February day on record in Cambridge, about 60 students at the&nbsp;<a href="http://web.mit.edu/" target="_blank">Massachusetts Institute of Technology</a>&nbsp;opt to stay inside a dimly lit lobby, crunching data and churning out pages of analysis, rather than enjoy the sunny, summer-like Friday afternoon. <p>No, it isn&rsquo;t mid-term time. The students &mdash; handpicked from 400 applicants &mdash; are competing in a&nbsp;datathon&nbsp;hosted by the $26 billion hedge fund&nbsp;<a href="https://www.bloomberg.com/quote/578298Z:US" title="Company Overview">Citadel</a>. Ken Griffin&rsquo;s firm is upping the ante in the industry&rsquo;s chase for data scientists and engineers, hosting 18 competitions at universities across the U.S.,&nbsp;Britain&nbsp;and Ireland this year. The prize in the final data championship: $100,000.</p>

In this article