D. E. Shaw
Quantitative Analyst, Ph.D. Intern (New York) – Summer 2027
$30K
New York, NY · Internship · Posted Oct 28, 2026
- Experience
- Students applying are usually approaching their final year of full-time study.
- Education
- Ph.D. candidate.
About the job
Conduct a quantitative research project using statistical modeling and software to analyze financial data, working with a mentor in a quantitative research group.
What you'll do
- Explore statistical modeling techniques and write software to analyze financial data.
- Collaborate with a dedicated mentor in a quantitative research group.
- Attend academic talks and track progress in relevant academic areas.
What they ask for
- Ph.D. candidate with an impressive record of academic achievement.
- Advanced coursework in a technical or quantitative field.
- Notable research productivity and a track record of creativity.
- Interest in learning about quantitative finance; previous finance experience is not necessary.
Nice to have
- Interest or experience in a data-driven research environment, including manipulating data with high-level programming languages such as Python.
- Aptitude for abstract reasoning, problem solving, and quantitative thinking, plus prior probability or statistics knowledge.
Pay
$30,000 per month (base salary); $30,000 sign-on bonus; $10,000 housing allowance; $3,300 stipend for self-study materials; $4,000 stipend for personal technology equipment
Tools
Python
Model-written summary · the original posting is authoritative