DRW General Intern Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 22 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at DRW.
DRW
Intern
Intern Average Positive experience No offer 2 rounds
Interview process
Recruiter call Take home Onsite
Interview formats
Behavioral Coding
The interview process started with an HR interview and a take-home coding test, which was pretty straightforward. The people interviewing were really nice and the whole thing felt professional. The next step would have been a two-day "super day" at the office. It seemed like a competitive process where they cared more about general abilities than pure technical skills.
Confirmed questions1 question
- Can you explain your interest in back/middle office roles?
DRW
Intern
Intern Difficult Positive experience No offer 4 rounds
Interview process
Recruiter call Phone screen Onsite Background check
Interview formats
Coding Technical Behavioral
So I had my first interview on Zoom, where they hit me with a market making game, a Bayes question, and a brainteaser. Within a week, I got an invite for the spd. Then I went to interview with DRW in Chicago at the end of September. This part had three stages: one that was kind of behavioral asking about options, another was a dice game, and the last was about option pricing. About a week after the spd, I got the rejection.
Confirmed questions1 question
- Could you tell me the posterior distribution for this scenario?
DRW
Intern
Intern Difficult Negative experience No offer 1 round
Interview process
Take home
Interview formats
Technical
The online assessment was more challenging than the actual interview, though the interview itself was quite rigorous. It's definitely important to prepare beforehand, as it's easy to get into trouble otherwise. There were no quick math questions, but rather proof-based questions.
Confirmed questions1 question
- What makes you want to pursue a career in trading?
DRW General Intern Interview Questions
Quoted word for word from DRW interview reports.
“Can you derive the straddle approximation formula?”
Read reports →“What are markov chains?”
Read reports →“What's the expected maximum utility in a card game where you decide whether to pull cards from different sets with varying payoffs?”
Read reports →“Explain market making.”
Read reports →“Can you describe the properties of a correlation matrix?”
Read report →“Could you tell me the posterior distribution for this scenario?”
Read report →“Can you explain the differences between C++ and Python?”
Read report →“Can you solve the Apples and Oranges problem given the mislabeled boxes?”
Read report →“Tell me about the most recent book you finished reading.”
Read report →Formats, difficulty and experience
Across all 22 DRW interview reports.