Summer Alphathon™ - 2015 : No Longer Active
The Summer Alphathon TM has now concluded, and what a tremendous event it turned out to be! Over 5000 contestants from over 50 countries participated and competed for consulting opportunities with cash stipends. Congratulations to all who competed successfully and have joined the global team of Research Consultants!
The overall winner Evgenij K. from Moscow, Russia qualified for a $5,000 stipend upon becoming a Research Consultant and achieved a score of 1,251,000 in just over 60 days! Congratulations Evgenij , we look forward to seeing great results from you as a Research Consultant.
Participants in the Alphathon TM had the privilege of participating in free training sessions and other educational events to learn about finance, alphas and building predictive models. Many participants from STEM backgrounds left the competition with a firm grasp on how to utilize their quantitative skills in the world of investment finance. If you participated and did not get an offer for a Research Consultant position with a stipend don’t worry: you can still continue building alphas and improving your scores to earn a spot on the Research Consultant team.
If you missed participating in the Summer Alphathon TM there is good news—the WorldQuant Challenge is a year-round event and you can apply today. We are planning similar incentive-based events in the future!
Summer is a great time to apply your quantitative skills in the financial markets and WorldQuant is currently offering a very unique opportunity to do so through our Summer Alphathon, which is part of the WorldQuant Challenge.
The WorldQuant Challenge provides interested candidates with an opportunity to test their trading ideas and strategies using WebSim, WorldQuant’s web-based market simulator. Qualified candidates earn points for quality alphas, and these points can lead to Bronze, Silver and Gold status. Individuals who achieve Silver and Gold may be considered for Research Consultant positions with WorldQuant.
How the Summer Alphathon Works
The Summer Alphathon makes the WorldQuant challenge even more exciting through the potential for participants to receive a ONE-TIME SPECIAL STIPEND, at WorldQuant’s discretion, to individuals who progress quickly to Gold level and attain Mach 3, Mach 2 and Mach 1 status.
- Candidates that reach Gold level in less than 30 days qualify as Mach 3 (up to 50 awards)
- Candidates that reach Gold in less than 45 days days qualify as Mach 2 (up to 100 awards)
- Candidates that reach Gold in less than 60 days days qualify as Mach 1 (up to 100 awards)
- The participant with the highest total points at the close of the competition may be given an additional one-time special stipend! (Note: One-time special stipend amounts will vary with Mach status achieved.)
In each case, stipends are subject to WorldQuant’s discretion and will only be given to participants who are eligible to become Research Consultants (and actually become Research Consultants).
Please refer to the guidelines for a full statement regarding how the Summer Alphathon works.
For Current WorldQuant Challenge Participants
For candidates already participating in the WorldQuant Challenge, there is additional good news—effective July 4, 2015, anyone with a frozen challenge status will be reset; this means that your 60 day window to achieve the next level will restart, giving you more time to earn a position on the Research Consultant team! Note that only those alphas created on or after July 4, 2015 will be considered in relation to the additional one-time special stipends, but you will certainly increase your chances of obtaining a position as a Research Consultant with a fresh start to the 60 day clock.