Drimva

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

First seen Oct 28, 2026 · Last verified Nov 5, 2026 (UTC)