WorldQuant’s Part-Time Virtual Army Do Battle for Jobs
- Firm’s plan for intense growth includes part-time employees
- Crowdsourcing grows in popularity to find undiscovered talent
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Every night for a year, it was the same thing. In a cramped, single-bed dorm room along India’s eastern coast, Ayush Gangwar put away his engineering books, cranked up the Bollywood show tunes and started typing out messages in the language of his real love, quantitative finance.
His best work came in the hours after midnight as silence enveloped the Indian Institute of Technology, ideal for poring over lines of code. The 22-year-old logged onto a website connecting him to his boss in Greenwich, Connecticut, and began tinkering with models for souping up strategies at one of the world’s largest quant firms.