Deadline:
As soon as possible
Location(s)
United States of America
New York
Overview
The goal of our summer internship program is to expose talented individuals to the projects and environment associated with full-time work in quantitative analysis and software development at the D. E. Shaw group. Interns interact with various trading groups and gain valuable work experience while demonstrating their skills on a variety of real-world projects. Working closely with quants, developers, and other senior staff as mentors, interns can expect an inclusive environment conducive to learning. In addition, numerous social events give interns the opportunity to interact with colleagues and gain insight into the firm as a whole. The program is expected to run from June to August 2024.
Details
What you’ll do day-to-day
For quantitative analyst interns, projects might include applying sophisticated numerical techniques and writing software to develop and analyze statistical models for our computerized financial trading strategies, or researching financial literature to identify new trading ideas and creating simulations to test them.
Who we are
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 1,400 people around the globe and an institutional-grade (and trip-proof) infrastructure, but we still value creativity, entrepreneurship, and the spirit of discovery.
The firm prizes a culture of collaboration across disciplines, geographies, and investment strategies. Experienced leadership and diversely talented minds chart our course. Analytical rigor, an open exploration of ideas, and a relentless pursuit of excellence drive us forward.
Our People
We spend time extensively searching the globe for talented individuals. We invest in those who are able to think creatively, who are relentlessly rational, and who put ego aside in the interest of getting things right. Then we empower them to do their best work in an environment where they are free to express the eclectic parts of their personality.
How To Join
At the D. E. Shaw group you’ll find sharp minds, strict ethical standards, and a precise approach to solving problems. Joining our team means you’ll be working with a complex, creative, socially conscious, and occasionally nerdy set of individuals. Here we thrive on differences—in experiences, ideas, and ways of thinking. No matter where you're coming from, we welcome exceptional applicants of all types to join our team.
Opportunity is About
Eligibility
Candidates should be from:
Description of Ideal Candidate
Who we’re looking for
- Successful candidates have traditionally been the top students in their respective math, statistics, physics, engineering, computer science, and other technical and quantitative programs.
Dates
Deadline: As soon as possible
Cost/funding for participants
The expected monthly base salary for this position is $19,000. 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.
At the D. E. Shaw group, we believe the diversity of our employees is core to our strength and success. We are committed to supporting our people in work and in life, which is why we offer benefits such as a family planning and surrogacy program and a charitable gift match to all full-time employees.
Un-save Opportunity
Internships, scholarships, student conferences and competitions.
