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Susquehanna

2026 Susquehanna Quant Online Assessment Playbook — 90s Math, Trading Combine, Probability

2026-05-27

Susquehanna (SIG) Quant OA keeps the mental math + probability + Trading Combine triad in 2026. This playbook is built from oavoservice student debriefs and lays out the patterns, cadence, and pass thresholds for each segment.


1. SIG Quant OA structure

Segment Items / Time Format
90-second math ~50 items / 8 min total mental math + light logic
Probability / combinatorics 10–15 / 30 min multiple choice
Trading Combine 30 min simulator quoting / market making

The 90-second segment is a speed gate (8–10 items per block); probability is an accuracy gate; Trading Combine is a strategy gate. Three independent scores.


2. 90-second math: speed gate

The format is + - × ÷ with simple percentages, e.g.:

SIG scoring: a wrong answer costs more than no answer. Only attempt the ones you're 100% sure of, let the rest expire. Empirical pass: ~6–7 of 8 per block at the ~60th percentile.

Drills

  1. 2-digit × 2-digit mental math: 50/day × 4 weeks.
  2. Fraction ↔ decimal: 1/8, 1/16, 1/32, 3/8, 5/8 should be sub-1-second reflexes.
  3. % ↔ fraction: burn 12.5% = 1/8 and 6.25% = 1/16 into muscle memory.

3. Probability / combinatorics: accuracy gate

Theme Frequency Tip
Conditional probability high Bayes / contingency table
Expectation / variance high linearity of expectation
Sampling / without replacement high hypergeometric
Light combinatorics mid inclusion-exclusion / stars-and-bars
Markov chains mid one-step transition matrix

Recall: poker suits

Draw 5 cards from a 52-card deck without replacement. Probability of at least one heart and at least one spade?

Inclusion-exclusion: P(no hearts) + P(no spades) - P(neither) = 2·C(39,5)/C(52,5) - C(26,5)/C(52,5). Answer ≈ 0.738.

Recall: trading expectation

A stock at 100 goes up 5% with probability 0.55 and down 5% with 0.45 each day. Expected price after 5 days?

Daily expected multiplier: 0.55 × 1.05 + 0.45 × 0.95 = 1.005. 5-day expectation: 100 × 1.005^5 ≈ 102.53. Trap: don't add 5 days linearly; compound.


4. Trading Combine: strategy gate

This segment distinguishes SIG from other quant shops. The simulator gives a simplified market-making setting:

Scoring breakdown

Dimension Weight Notes
PnL 40% total profit
Quote spread 30% too wide → no fills, too tight → losses
Inventory management 20% rebalance when net position drifts
Information usage 10% update quotes off the hint

Practical strategy

  1. Observe 5 rounds before getting bold: wide spread early to probe true price.
  2. Inventory balance: if net exposure > 10 lots, skew quotes to flatten.
  3. Use hints: hint says "true price is high" → shift both bid and ask up 1–2 ticks.
  4. No heroics at the end: in the last 10 rounds, prefer wide spread to avoid large losses.

oavoservice provides mental math drilling + probability bank + Trading Combine 1:1 mocks.


5. Threshold (22 samples)

[pass]      ████████        35%
[math cut]  ██████          27%
[prob cut]  ██████          27%
[combine cut] ███           14%

~35% pass overall. Math + probability cut more than half. Combine has a higher pass rate due to a gentler curve.


6. 4-week prep cadence

Week Focus
W1 50 mental-math problems daily + fraction-decimal table
W2 100 probability problems: conditional, expectation, combinatorics
W3 Trading Combine sim × 5 + strategy review
W4 Full back-to-back simulation + loss diagnostics

7. Scoring rubric (from student debriefs)

Dimension Weight What recruiters track
Speed 30% answers per 90s block
Accuracy 30% probability hit rate
Strategy 25% Combine PnL + spread
Risk awareness 15% inventory control / late-game caution

oavoservice runs SIG Quant OA coverage with mental math plans, probability deep dives, Combine strategy, and 1:1 review — end-to-end from OA to final.


FAQ

Retake on the SIG OA?

12-month cooldown. Switching track (Quant Trader → Quant Research) can reset.

What Combine score do I need?

Empirically the bar is ~60th percentile. PnL doesn't need to be huge, but spread must not be too wide.

Is coding required?

Quant Trader Intern: not really. Quant Research / Quant Dev: Python / C++ basics required.

What if the 90-second timer runs out?

Unanswered = 0; wrong = -1. Conservative answering is optimal.

What's next after passing?

Usually a recruiter call within 1–2 weeks, then onsite SuperDay (~6 rounds).


Preparing for the 2026 SIG Susquehanna Quant OA?

oavoservice has tracked SIG Quant OA for over three years, covering math / probability / Trading Combine. Services include mental math plans, probability bank, Combine strategy, and 1:1 review.

👉 Add WeChat: Coding0201, grab the latest SIG OA pack and prep plan.


Contact

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