Quantitative Analyst Intern (New York) – Summer 2027

About the role

Join D. E. Shaw as a Quantitative Analyst Intern in New York for a 12-week summer program. Work on statistical modeling and software development projects with mentorship from experienced quantitative researchers.

Role and Responsibilities

• Conduct research projects involving statistical modeling and financial data analysis.
• Write software to analyze financial data using programming languages like Python.
• Collaborate with mentors and teams including quants, developers, and senior staff.
• Engage in a data-driven research environment to develop quantitative finance skills.

Candidate Requirements

• Strong academic record in math, statistics, physics, engineering, computer science, or related quantitative fields.
• Interest or experience in data manipulation using high-level programming languages such as Python.
• Exceptional abstract reasoning, problem solving, and quantitative thinking skills.
• Prior knowledge of probability and statistics is a plus.
• Enrollment in a full-time degree program, typically approaching final year of study.
• No prior finance experience required, but interest in quantitative finance is preferred.

Program Details

• 12-week internship from June to August 2027 in New York City.
• Monthly base salary of $25,000 plus overtime pay.
• Sign-on bonus of $25,000 and travel coverage to and from the internship.
• Choice of furnished summer housing or $10,000 housing allowance.
• $3,300 stipend for self-study materials and $4,000 stipend for personal technology equipment.