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What the interns have wrought, 2022 edition

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Re: What the interns have wrought, 2022 edition

#51

Jane Street discriminates based on what school you went to, during their hiring practices.

Many (most?) companies do. They make the tradeoff that the false negatives (those from non-targets who would be hired) are worth losing out on in favour of the smaller amount of applications to process because among that smaller pool they have a higher true positive (those from targets who do get hired). In stats/ML speak, they favour high precision [0].

[0] https://en.wikipedia.org/wiki/Precision_and_recall

Re: What the interns have wrought, 2022 edition

#52

Jane Street discriminates based on what school you went to, during their hiring practices.

Jane Street likely has the highest applicant to available role ratio of any company in the world. I'm sure some heavy filtering is required, and probably useful.

Re: What the interns have wrought, 2022 edition

#54

Earlier quoted context omitted.

When I graduated I interviewed with Jane Street and I graduated from essentially a no-name state school (Suny Oswego). I think I got a fair shake out of it.

Hardly no-name: that's where Doug Lea teaches! I've been seeing Oswego on his papers forever.

dl is the exception I think.

Re: What the interns have wrought, 2022 edition

#55
post #8
post #7

Earlier quoted context omitted.

This seems fine. There are some schools where it is simply not worth allocating your finite amount of recruiting resources. It by no way means that there are not super smart people at those schools, just that the percentage of students that fit your hiring criteria is too low to justify spending time at those institutions.

it's probably more like if your school isn't an ivy, stanford, mit, whatever you're resume goes right in the trash. also that logic is super self perpetuating and I imagine could be used to justify other worse forms of discrimination (not saying at Jane Street but in general)

I got an internship offer from Jane Street back when I was at NYU, so at the very least the criteria are (or used to be) broader.

Re: What the interns have wrought, 2022 edition

#56

Jane Street discriminates based on what school you went to, during their hiring practices.

I went to a school you never heard of, in a former communist country, and Jane Street was happy to interview me for internship (I didn’t make it, sadly, but I can only blame my own lousy performance).

Re: What the interns have wrought, 2022 edition

#57
post #9

Earlier quoted context omitted.

Why exactly is that "discrimination" and not, you know, simple evaluation? Is every company that doesn't hire based on a random number generator discriminating?

if not in : skip_interview_entirely return False ...as opposed to give every person a fair chance based on merit.

Real life has to deal with things like time and energy constraints.

Re: What the interns have wrought, 2022 edition

#59

Jane Street discriminates based on what school you went to, during their hiring practices.

That's ok, some of the universities reject applications from PO Boxes or application fees paid with money orders. The filters work from a certain point of view, but I cannot help but wonder how much talent sits on the sidelines because nobody has time or the inclination to look.

Re: What the interns have wrought, 2022 edition

#60

Earlier quoted context omitted.

When I graduated I interviewed with Jane Street and I graduated from essentially a no-name state school (Suny Oswego). I think I got a fair shake out of it.

Hardly no-name: that's where Doug Lea teaches! I've been seeing Oswego on his papers forever.

You're an exception. I also went to a SUNY school and I couldn't even tell you where Oswego was.
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