S
Programme
Internship
Location
New York City, NY
Duration
Ten weeks
About the role
Ten-week quantitative systematic trading internship in New York or Philadelphia for master’s students graduating in 2027 or 2028. Interns conduct research, build quantitative models and trading strategies, and evaluate them through backtesting and simulated execution, working with mentors and collaborating with researchers, engineers, and traders.
Responsibilities
- Analyze large datasets and develop quantitative models for systematic trading research.
- Design experiments, test hypotheses, and evaluate ideas through rigorous empirical analysis and backtesting.
- Translate models into trading strategies and assess performance using historical market data.
- Work across data analysis, modeling, implementation, simulated execution, and strategy evaluation.
- Collaborate with researchers, engineers, traders, mentors, and teaching assistants to refine ideas.
Training and Experience
- Begin with Core Curriculum covering quantitative trading, programming, data analysis, mathematical modeling, machine learning, and AI tools.
- Complete the Blast Project, an end-to-end simulation of quantitative research and trading work.
- Receive mentorship from research and trading staff while working alongside an intern cohort.
- Use proprietary datasets and large-scale computing infrastructure supporting simulation and rapid experimentation.
Requirements
- Master’s degree in progress, graduating in 2027 or 2028, in a highly quantitative discipline.
- Strong foundation in probability, statistics, optimization, numerical methods, or quantitative modeling.
- Experience developing research code in Python and working with large datasets.
- Excellent problem-solving skills and interest in quantitative models informing real trading decisions.
- Strong communication, collaboration, intellectual curiosity, and competitive drive demonstrated through analytical pursuits.
- Comfort reasoning about risk and reward under uncertainty, with interest in how markets work.
Program Details
- Internship opportunities are available in the Philadelphia and New York offices.
- Applicants are automatically considered for the Quantitative Research Internship as well.
- The program values creativity, evidence-based thinking, collaboration, and continuous learning.