Quantitative Analyst Intern - New York – Summer 2025

D. E. Shaw

May 30

Applications are closed

Internship
Full-time
Summer Internship
Banking & Finance
New York

Requirements

We seek individuals with impressive records of academic achievement, including advanced coursework in fields such as math, statistics, physics, engineering, computer science, or other technical and quantitative programs.
Interest or experience working in a data-driven research environment, including manipulation of data using high-level programming languages such as Python, is preferred.
An exceptional aptitude for abstract reasoning, problem solving, and quantitative thinking, in addition to prior probability and statistics knowledge, is a plus.
We welcome applicants currently enrolled in a four-year undergraduate program or graduate degree program across all fields of study. No previous finance experience is necessary, though candidates should have an interest in learning about quantitative finance. Students who apply to this internship are usually approaching their final year of full-time study.

Responsibilities

You’ll spend the summer working on a research project that typically involves exploring a variety of statistical modeling techniques and writing software to analyze financial data. You’ll have a dedicated mentor in one of our quantitative research groups.

FAQs

What is the duration of the Quantitative Analyst Intern program?

The program is a 12-week internship expected to run from June to August 2025.

Where will the internship take place?

The internship will take place in New York.

Who can apply for the Quantitative Analyst Intern position?

The D. E. Shaw group seeks talented individuals with impressive records of academic and/or professional achievement.

What kind of work experience will interns gain during the program?

Interns will interact with various trading groups and work on a variety of real-world projects, gaining valuable experience while demonstrating their skills.

Will there be opportunities to interact with mentors during the internship?

Yes, interns will work closely with quants, developers, and senior staff who will serve as mentors.

Is the work environment inclusive and conducive to learning?

Yes, the program is designed to provide an inclusive environment that fosters learning.

What additional activities are available for interns?

Numerous social events are organized to give interns the opportunity to interact with colleagues and gain insight into the firm as a whole.

D. E. Shaw

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.