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D. E. ShawNew York City, NY

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

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Programme

Internship

Location

New York City, NY

Duration

12 weeks

About the role

D. E. Shaw seeks Ph.D. candidates for a 12-week quantitative analyst internship in New York, focusing on statistical modeling and financial data analysis from June to August 2027.

Role and Responsibilities

  • Work on research projects involving statistical modeling and software development for financial data analysis.
  • Collaborate with a mentor in quantitative research groups.
  • Attend academic speaker series and track progress in relevant academic areas.

Candidate Requirements

  • Ph.D. candidates with strong academic records in math, statistics, physics, engineering, computer science, or related fields.
  • Demonstrated research productivity and creativity.
  • Experience with data manipulation using programming languages like Python preferred.
  • Strong abstract reasoning, problem solving, and quantitative thinking skills.
  • Interest in quantitative finance; no prior finance experience required.
  • Applicants typically in final year of full-time study.

Program Details

  • 12-week internship from June to August 2027 in New York City.
  • Monthly base salary of $30,000 plus overtime pay.
  • Sign-on bonus of $30,000 and travel coverage to/from 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.