Quantitative Analyst Internship is a 12-week internship in New York, expected to run from June to August 2027, where interns work on research projects, apply statistical modelling techniques, and write software to analyse financial data.
The D. E. Shaw Group seeks candidates with strong academic or professional records to join as quantitative analyst interns. It provides mentorship through quantitative research groups in a collegial environment conducive to learning.
Quantitative Analyst Internship Benefits
- $25,000 monthly base salary
- $25,000 signing bonus
- Overtime pay
- Travel to and from the internship
- Furnished summer housing or $10,000 housing allowance
- $3,300 self-study stipend
- $4,000 technology stipend
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Quantitative Analyst Internship Eligibility Criteria
- An impressive record of academic achievement including advanced coursework in math, statistics, physics, engineering, computer science, or other technical quantitative programs
- Interest or experience working in a data-driven research environment, including data manipulation using high-level languages such as Python (preferred)
- An exceptional aptitude for abstract reasoning, problem solving, and quantitative thinking
- Prior probability and statistics knowledge is a plus
- An interest in learning about quantitative finance; no previous finance experience is necessary
- Enrollment in a full-time degree program
- Applicants are usually approaching their final year of full-time study
How to Apply for Quantitative Analyst Internship
- Open the official vacancy using the link below.
- Review the requirements and select Apply Now.
- Complete the application and provide the information requested.
- Check your details carefully before submitting.
Application tip: Highlight research, programming projects and examples of solving difficult quantitative problems. Describe your own contribution and the results clearly.
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Frequently Asked Questions (FAQs)
Here are the most frequently asked questions about the Quantitative Analyst Internship. These answers cover duration, location, compensation, eligibility, housing, and how to apply.
What is the duration of the internship?
The internship is a 12-week program expected to run from June to August 2027.
Where will the internship take place?
The internship will take place in New York.
What compensation and financial benefits are provided?
The position offers a monthly base salary of $25,000, overtime pay, a sign-on bonus of $25,000, travel coverage, housing options, and stipends for study materials and technology.
What housing options are available?
Interns may choose furnished summer housing or receive a $10,000 housing allowance.
Are travel expenses covered?
Travel coverage to and from the internship is provided.
What stipends are provided?
A $3,300 stipend for self-study materials and a $4,000 stipend for personal technology equipment are provided.
What academic background is required?
An impressive academic record with advanced coursework in math, statistics, physics, engineering, computer science, or other technical quantitative programs is required.
Is programming experience required?
Interest or experience in data-driven research and data manipulation using high-level languages such as Python is preferred.
Do applicants need prior finance experience?
No previous finance experience is necessary; an interest in learning about quantitative finance is sufficient.
How do I apply for the internship?
Click the ‘Apply Now’ link to open the D. E.
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