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Programs/Firms
Citadel logo

Citadel

A multistrategy hedge fund that invests across equities, fixed income and macro, commodities, credit, and quantitative strategies.

Hedge Funds, Quant Trading and Research

6
programs
4
open now
Careers site
ProgramStatus
Summer 2028 1 open
  • Investment & Trading InternHFApplyOpen in New YorkApply
Summer 2027 3 open
  • Investment & Trading InternHFApplyOpen in New York +2Apply
  • Quantitative Research InternQuantApplyOpen in New York +2Apply
  • Discover CitadelHFApplyOpenCloses Mar 5Apply
  • Citadel Securities Trading InvitationalQuantNo data yet
  • Women in Finance SummitHFNo data yet

How Citadel recruitsTypical for Hedge Funds

  1. 1Application

    Resume, sometimes a written stock pitch up front.

  2. 2First round

    Analyst or PM. Your pitch, how you think about risk, why this strategy, what you read.

  3. 3Case and final

    A take home or timed case on a public company, defended in front of a PM. Expect pushback on every number.

  4. 4Offer

    Small classes, decisions can be slow or instant.

Citadel does not state its process on its own site, so these are the usual stages.

Practice the Citadel set

At a glance

Headquarters
Miami
US offices
New York, Miamicitadel.com
Posting now
New York, Greenwich, Miami
Industries
Hedge Funds, Quant Trading and Research
Summers
2028, 2027
Last verified
Nov 11

What Citadel asks7 from public sources

  • Here is an open-ended problem: come up with an investment or research idea and explain how you would test whether it works.

    First round, why this firm. eFinancialCareers, Feb 8, 2024

  • If there is a 44% chance of spotting a shooting star in any given hour, what is the chance of spotting one in a 30 minute window?

    First round, technical. eFinancialCareers, Jun 12, 2019

  • What did you set out to achieve as a kid, and what have you actually accomplished so far?

    First round, behavioral. Fortune, Aug 16, 2024

  • Three face-down cards show n, n+1 and n+2 in random order, with n unknown. You turn them over one at a time and may stop on any card and keep it. What strategy maximizes the card you keep, and what is its expected value?

    First round, technical. eFinancialCareers, Jun 12, 2019

  • Without paper, what is 119 squared? You have about a minute.

    First round, technical. eFinancialCareers, Jun 12, 2019

2 more from public sources
  • You have two identical eggs and a 100-floor building. Find the lowest floor from which an egg breaks using the fewest drops in the worst case. How many drops do you need?

    First round, technical. IFSC News (republished from eFinancialCareers), Jan 5, 2017

  • How many months between 1901 and 2000 began on a Sunday, and how would you work it out quickly?

    First round, technical. IFSC News (republished from eFinancialCareers), Jan 5, 2017

Dates by cycle4

  • Summer 2028 Investment & Trading InternSeen open from Nov 4, 2026. Open now.
  • Summer 2027 Quantitative Research InternSeen open from Nov 4, 2026. Open now.
  • Summer 2027 Investment & Trading InternSeen open from Nov 6, 2026. Open now.
  • Summer 2027 Discover CitadelSeen open from Nov 9, 2026. Open now.

Seen open from is the first day we saw the posting on the firm's own site. A public record is the firm's announcement or a dated student post.

People hereOpens on your LinkedIn

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Aim for two chats here before a program opens. Write the note

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Read and watchHF

  • When do hedge fund internships open for undergrads?
  • Private equity vs hedge funds: which should you aim for?
  • The best stock pitch competitions for undergrads
  • Trading competitions for undergrads, and what quant firms see
  • A Day in the Life of a Hedge Fund Analyst

    Breakdown of a long/short analyst's day: pre-market reading, earnings, idea work, and PM check-ins.

    rareliquid, YouTube

    rareliquid, YouTube
  • Day in the Life of a Hedge Fund Analyst (2024)

    A current hedge fund analyst films his actual day, from the morning meeting to building a thesis.

    Aaron Yao, YouTube

    Aaron Yao, YouTube
  • How To Break Into The Hedge Fund Industry Out Of Undergrad

    Why direct undergrad hires are rare, which programs exist, and how the stock pitch interview works.

    WSO

    WSO
  • week in the life of a Hedge Fund analyst.....

    A long/short analyst lays out a full week of reading, calls, and PM meetings.

    WSO

    WSO