Global Alphathon | Internship OR Full-Time | Apply Now

 

All that you need to know about Global Alphathon

Break into the world of quantitative finance and participate in WorldQuant BRAIN’s 2022 Global Alphathon — one of the world’s largest quant competitions.

The Global Alphathon is a three-stage, team-based competition running from August to November 2022. Using WorldQuant BRAIN’s web-based simulation platform, Global Alphathon participants accumulate points by building alphas* using historical market data and predefined operators to simulate equity positions.

*Alphas are mathematical models that seek to predict the future price movements of various financial instruments.

About WorldQuant and WorldQuant BRAIN:

Headquartered in the US, WorldQuant is a quantitative asset management firm founded in 2007 with over 750 employees spread across 13 countries. We seek to produce high-quality predictive signals (alphas) through our proprietary research platform. These signals are employed in financial strategies across a variety of asset classes and global markets.

Through the WorldQuant BRAIN program, we also work with global talent to be a part of our greater research efforts by contributing alphas and other quantitative finance algorithms.

So far we have engaged with 3000+ global users on the platform, more than 700 of whom have been onboarded as BRAIN research consultants

New to Quantitative Finance? Train with our exclusive live webinar series:

Join our exclusive webinar series for Global Alphathon participants to learn how to create alphas using the data sets and operators on the BRAIN platform.

Global Alphathon Webinar Series:

Webinar Name

    Date

Time

Introduction to BRAIN

21-Aug-2022

5:30 pm IST

Price–Volume Data + Time Series Operators

24-Aug-2022

5:30 pm IST

Advanced Time Series Operators

31-Aug-2022

5:30 pm IST

Technical Indicators

7-Sep-2022

5:30 pm IST

Financial Statements + Fundamental Data

14-Sep-2022

5:30 pm IST

Model Data + Sentiment Data

21-Sep-2022

5:30 pm IST

In addition, the BRAIN platform offers a variety of resources to teach you about quantitative finance, including training videos, documentation, and the BRAIN community forum.

Eligibility:

  • Anybody above the age of 18 can apply

Steps:

  • STEP 1: Sign up
    • Register for the 2022 Global Alphathon. Registrations are open from August 1 to September 25.
  • STEP 2: Team up
    • Reach out to your friends and form a team of 1 to 4 members to compete in the Stage 1 qualifier round.
  • STEP 3: Train
    • Explore the Learn section on the BRAIN platform, watch the instructional videos and join our exclusive live webinar workshops for Global Alphathon participants.
  • STEP 4: Compete
    • Start building and submitting alphas on the BRAIN platform using historical financial market data and predefined operators.

Guidelines:

  • Participants accumulate points by building alphas. Your team will be evaluated on both the quality and the number of your alpha submissions.

  • Each qualifying alpha is scored based on its performance against other alphas submitted by the other participants in the Global Alphathon. Because the competition is team-based, the scores for each individual on a team are aggregated to produce a team score.

  • Top scoring teams from each round will qualify to move on to the next stage of the competition. The number of teams that move on after each round is progressively smaller, with only 1 or 2 teams qualifying to represent each nation or region in the global finals.

Rewards & Prizes:

Be eligible to win cash prizes, internship opportunities, and more(Please refer to the official guidelines for rules and restrictions).

  • Stage 1: Qualifier Round
    • Best Sharpe-Margin alpha in a given week*:
      • 1st place team - $200
      • 2nd place team - $100
      • 3rd place team - $50
    • Most alphas submitted in a given week*: 
      • 1st place team - $200
      • 2nd place team - $100
      • 3rd place team - $50

*Each category above may only be earned by a team once during Stage 1.

  • Stage 2: National Round
    • 1st place team: $3,000
    • 2nd place team: $2,000
    • 3rd place team: $1,000
  • Stage 3: Global Finals
    • 1st place team: $20,000
    • 2nd place team: $12,000
    • 3rd place team: $8,000
  • Participants who perform well may be considered for an internship or full-time employment opportunities at WorldQuant. 
  • Top performing teams will be considered eligible for the above cash prizes (or cash equivalent in jurisdictions where cash prizes are prohibited or restricted by law) to be divided equally among eligible team members. Please see our official guidelines for applicable rules and restrictions.

FAQs:

  • Do I have to pay to participate?
    There is no fee to register for a BRAIN account or to participate in the Global Alphathon.
  • How do I form a team?
    If you are enrolled in the Global Alphathon and not already on a team, a "Create Team" button should be visible when you log into the Global Alphathon page under the "Competitions tab" in the top navigation bar on the BRAIN platform. You can create a team and invite other BRAIN users to join by entering their email addresses and clicking "Save Team".
  • How do I join an existing team?
    You will need to be invited by the BRAIN user who created the team. You can find your invitations under the "Team tab" in the top navigation bar on the BRAIN panel. Upon accepting an invitation, you will immediately be added to that team.
  • What is a team of one?
    You will need to create a team to participate in the Global Alphathon, but you do not have to invite anyone to join your team. Note that teams with multiple members may have an advantage because you are being evaluated on the quality and quantity of your total alpha submissions.
  • Who do I contact if I have further questions?
    Please reach out to support@worldquantbrain.com
  • What is the deadline to register?
    Registrations close on September 25, 2022, at the end of Stage 1.

ewards and Prizes Grab Pre-Placement Interviews/Offers

Please refer to the official guidelines for rules and restrictions

Stage 1: Qualifier Round

Best Sharpe-Margin alpha in a given week: 1st team - $200, 2nd team - $100, 3rd team - $50

 350

Trophy Icon

Certificate

Stage 1: Qualifier Round

Most alphas submitted in a given week: 1st team - $200, 2nd team - $100, 3rd team - $50

 350

Trophy Icon

Certificate

Stage 2: National Round

1st team: $3,000, 2nd team: $2,000, 3rd team: $1,000

 6,000

Trophy Icon

Certificate

Stage 3: Global Finals

1st team: $20,000, 2nd team: $12,000, 3rd team: $8,000

 40,000

Trophy Icon

Certificate

PPOs

Participants who perform well may be considered for internship or full-time employment opportunities at WorldQuant

Trophy Icon

PPOs

Apply Now

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