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>hearing that programmers can't program, especially in such a high number (199 out of 200). Fyi... that 199/200 quote came from J Spolsky that he got from D E
by jasode 10y ago
>hearing that programmers can't program, especially in such a high number (199 out of 200).
Fyi... that 199/200 quote came from J Spolsky that he got from D E Shaw.[1] That's a hedge fund and like other computational finance firms, they would look for strong programmers who had very good math skills (statistics, probabilities, etc).[2]
Therefore, the typical web programmer who knows the difference between HTML tags and CSS selectors, or knows text slicing with Python/PERL, will not pass the rigorous interviews. Using that criteria, it's very realistic that less than 0.5% of applicants would be hired.
Another way to put it: those trading firms are looking for math nerds who happen to know how to program more than programmers who happen to know some math. Including them in the general discussion about "what's wrong with hiring" will skew the discussion. Most everybody else is just looking for CRUD/web/iOS/etc programmers.
[1]https://en.wikipedia.org/wiki/D._E._Shaw_%26_Co https://en.wikipedia.org/wiki/D._E._Shaw_%26_Co.
[2]http://www.streetofwalls.com/finance-training-courses/quantitative-hedge-fund-training/quant-interview-questions-answers/ http://www.streetofwalls.com/finance-training-courses/quanti...
- wlievens 10y agoSo high-end finance is the only "complicated" software out there?
- w1ntermute 10y agoNo, they can just have higher standards, since there's more interest in working there (due to the high pay).
- busterarm 10y agoTheir software isn't even usually that complicated (I used to work at D. E. Shaw). It's all just translating their models into code. They just only want STEM Ph.D.s because it makes it easier to justify the ~2+20 fees they charge even when they have a bad year.
- laughinghan 10y agoDoes it make me a math nerd if I point out that accepting 0.05% of applications would mean rejecting 1,999 out of 2,000? TL;DR: I think you mean 0.5%