2018 Magnus Quant Challenge
The Magnus Quant Challenge has officially ended, but the competition will remain open through January 31, 2019, so participants can continue alpha creation to try to earn Brain Power from Play Magnus and be eligible to become a Research Consultant with WorldQuant depending on their performance. Play Magnus users will receive 1,000 Brain Power for reaching Bronze level (1,000 score) in the Magnus Quant Challenge, 1,500 Brain Power for reaching Silver level (5,000 score), and 3,000 Brain Power for reaching Gold level (10,000 score).
Congratulations to Ken M. from Nairobi, Kenya, who had the top score of 61,006 and may get the opportunity to play chess against World Champion Magnus Carlsen in the 2019 Play Magnus Play Live Challenge. Ken narrowly edged out his fellow Kenyan, Eric G., who had the second-highest score at 59,968. Ida M., also from Nairobi, had the third-best score at 55, 626. Both Eric and Ida may be invited to see Carlsen in person at a chess exhibition or other live event in 2019.
Congratulations to all the winners and good luck to the Magnus Quant Challenge participants who want to continue to create alphas, earn Brain Power and potentially be eligible to become a Research Consultant.
The Virtual Research Center is excited to launch the Magnus Quant Challenge, a new month-long competition designed to demonstrate how many of the skills learned in chess are applicable in the quantitative finance world. The Magnus Quant Challenge provides the opportunity for Play Magnus users to test their analytical skills and learn about quantitative finance. Participants earn points by creating high-quality financial market signals (alphas) using WebSim. The highest scoring participant may receive the opportunity to play World Chess Champion Magnus Carlsen at a Play Magnus Play Live Challenge.
To participate in the Magnus Quant Challenge, you must be a registered user of Play Magnus, a mobile app developed to play chess like Magnus Carlsen at various ages of his life.
Start Date: 11/15/2018
12/15/2018 Extended to 01/31/2019
Winner Announcement: 12/21/2018
- Top Scorer: The top-ranked participant in the Magnus Quant Challenge may get the opportunity to play chess against Magnus Carlsen in the 2019 Play Magnus Play Live Challenge.
- First and Second Runners-up: The individuals with the second- and third-ranked scores may be invited to see Magnus Carlsen in person at a chess exhibition or other live event in 2019.
How the Magnus Quant Challenge Works?
Only alphas created, simulated and submitted between November 15, 2018, and
December 15, 2018 January 31, 2019 will be considered in the Magnus Quant Challenge. Please refer to the guidelines for a full description of how the Magnus Quant Challenge works.
Magnus Quant Challenge participants will be entered automatically into the WorldQuant Challenge. Qualified candidates earn points by creating alphas — and these points can lead to Bronze, Silver and Gold status. Individuals who achieve Silver and Gold status may be considered for research consulting opportunities with WorldQuant.
No consulting opportunity or any compensation is guaranteed; any engagement as a Research Consultant is subject to satisfactory completion of a background check, execution of a consulting agreement and any other applicable requirements in the discretion of WorldQuant.