Quantitative Analyst, Ph.D. Intern (New York) – Summer 2027

Quantitative Analyst, Ph.D. Intern (New York) – Summer 2027

The D. E. Shaw group seeks talented Ph.D. candidates with impressive records of academic and/or professional achievement to join the firm as quantitative analyst interns. Ph.D. interns explore how the analytical skills gained from their graduate programs may relate to the work done at the firm while interacting with fellow interns and employees of similar academic backgrounds in a collegial work environment. This 12-week program will take place in New York and is expected to run from June to August 2027.

What you’ll do day-to-day

• Work on a research project that typically involves exploring a variety of statistical modeling techniques and writing software to analyze financial data.
• Collaborate with a dedicated mentor in one of our quantitative research groups.
• Have the chance to attend our academic speaker series and track academic progress in various areas that may be of interest.

Who we’re looking for

• An impressive record of academic achievement, including advanced coursework in fields such as math, statistics, physics, engineering, computer science, or other technical and quantitative programs.
• Notable research productivity and a track record of creativity in respective areas of study.
• Interest or experience working in a data-driven research environment, including manipulation of data using high-level programming languages such as Python, is preferred.
• An exceptional aptitude for abstract reasoning, problem solving, and quantitative thinking; prior probability or statistics knowledge is a plus.
• An interest in learning about quantitative finance; no previous finance experience is necessary.
• Students who apply to this internship are usually approaching their final year of full-time study.

Compensation & benefits

• Monthly base salary of $30,000, overtime pay, and a sign-on bonus of $30,000.
• Travel coverage to and from the internship, and a choice of furnished summer housing or a $10,000 housing allowance.
• Stipends: $3,300 for self-study materials and $4,000 for personal technology equipment.
• Questions about compensation can be discussed with recruiters.

Program details

• Duration: 12 weeks
• Location: New York City
• Schedule: June to August 2027

Application & contact

To apply for this internship, please email your resume and the job title to recruitment-nyc@world.deshaw.com.

Equal opportunity

The D. E. Shaw group is an equal opportunity employer.