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Programme
Internship
Location
New York City, NY
Duration
Ten weeks
About the role
Quantitative Research Intern at Susquehanna develops models and trading strategies through data analysis, experimentation, simulation, and empirical evaluation. The ten-week summer program combines structured education, mentorship, and hands-on research with proprietary datasets and large-scale computing. Interns collaborate with researchers, engineers, and traders in New York or Philadelphia.
Responsibilities
- Investigate open-ended quantitative questions, design experiments, develop models, and evaluate ideas through rigorous empirical analysis.
- Analyze large datasets using statistical inference, optimization, simulation, forecasting, and quantitative modeling techniques.
- Convert researched models into trading strategies and run them against high-fidelity historical market data.
- Use daily performance feedback to test hypotheses, refine approaches, and iterate rapidly.
- Apply data analysis, modeling, implementation, simulated execution, and evaluation across an end-to-end research project.
- Collaborate with researchers, engineers, traders, mentors, teaching assistants, and fellow interns.
Training and Internship Experience
- Begin with Core Curriculum alongside quantitative and machine learning researchers, traders, and software engineers.
- Build foundations in quantitative trading, programming, data analysis, mathematical modeling, and modern machine learning and AI tools.
- Complete the Blast Project, an end-to-end simulation of quantitative research and trading work.
- Receive support from a research or trading mentor, dedicated teaching assistants, and an intern cohort.
- Work with proprietary datasets and large-scale computing infrastructure supporting simulation and rapid experimentation.
Locations and Compensation
- Quantitative research internship opportunities are available in New York and Philadelphia.
- The ten-week program pays an $8600 weekly base salary.
- Additional benefits include a signing bonus, housing, breakfast, lunch, and other perks.