Logo of Huzzle

Quantitative Analyst, Ph.D. Intern - New York – Summer 2024

image

D. E. Shaw

Sep 28, 2023

Applications are closed

  • Internship
    Full-time
    Summer Internship
  • Data
  • $20K
  • New York

Requirements

  • Successful candidates will have impressive records of academic achievement and be the top students in their respective math, statistics, physics, engineering, computer science, and other technical and quantitative Ph.D. programs.
  • The expected monthly base salary for this position is $20,000. Our compensation package includes travel to the internship, overtime for all hours worked over 40 per week, a sign-on bonus, and choice of corporate housing or a summer housing allowance.

Responsibilities

  • For quantitative analyst Ph.D. interns, projects include applying sophisticated numerical techniques and writing software to develop and analyze statistical models for our computerized financial trading strategies, and/or researching financial literature to identify new trading ideas and creating simulations to test them.

Finance
Industry
1001-5000
Employees
1988
Founded Year

Mission & Purpose

The D. E. Shaw group is trusted by investors across the world to manage their assets by seeking the optimal balance of risk and reward. While we’re known as a pioneer in quantitative investing, we also have considerable expertise in areas that involve fundamental analysis or portfolio manager discretion. We use a combination of quantitative and qualitative tools to uncover independent, hard-to-find sources of return across global public and private markets. Founded in 1988 over a small bookstore in downtown New York City, the D. E. Shaw group began with six employees and $28 million in capital and quickly became a pioneer in computational finance. In the early days of exposed pipes and extension cords, tripping on a cable could take out our whole trading system. Today, the firm has more than 2,000 people around the globe and an institutional-grade (and trip-proof) infrastructure, but we still value creativity, entrepreneurship, and the spirit of discovery.