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        Quantitative Analyst, Ph.D. Intern (New York) – Summer 2025

        Join our Quantitative Strategies team in New York

        The D. E. Shaw group seeks talented Ph.D. candidates with impressive records of academic and/or professional achievement to join us as quantitative analyst interns. Ph.D. interns can expect to be part of an inclusive environment and interact with fellow interns and employees of similar academic backgrounds while discovering how the analytical skills gained from their graduate programs may relate to the work done at the firm. Throughout the internship, Ph.D. candidates are encouraged to attend our academic speaker series and track academic progress in various areas that may be of interest. This 12-week program will take place in New York and is expected to run from June to August 2025.

        Who we’re looking for

        • 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.
        • Applicants should have notable research productivity in their respective areas of study as well as a track record of creativity in their field(s).
        • 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 or 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.
        • The position offers a monthly base salary of $25,000, overtime pay, a sign-on bonus of $25,000, travel coverage to and from the internship, and choice of furnished summer housing or a $10,000 housing allowance. It also includes a $3,300 stipend for self-study materials and a $4,000 stipend for personal technology equipment. If you have any questions about the compensation, please ask one of our recruiters.

        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.

        Additionally, our staff-led affinity groups are pillars of our community, helping to celebrate diversity, promote leadership and development opportunities, and facilitate inclusive mentorship. Members and allies organize a wide range of educational and social programming, from expert talks to film festivals.

        The members of the D. E. Shaw group do not discriminate in employment matters on the basis of race, color, religion, gender, gender identity, pregnancy, national origin, age, military service eligibility, veteran status, sexual orientation, marital status, disability, caregiver status, or any other category protected by law. We are committed to the principles of diversity, equity, and inclusion, and are eager to hear from individuals having a wide range of backgrounds and personal characteristics.

        The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience and educational background.

        Candidates to positions in D. E. Shaw group offices in the European Union (any such candidate, an “EU Candidate”) should click here for our European Union Recruitment Personal Data Privacy Notice.

        Candidates to positions in D. E. Shaw group offices in the United Kingdom (any such candidate, a “UK Candidate”) should click here for our United Kingdom Recruitment Personal Data Privacy Notice.

        Candidates who are residents of California (any such candidate, a “California Resident”) should click here for our CCPA Recruitment Personal Information Privacy Notice.

        The D. E. Shaw group may collect, use, hold, transfer, and process candidates’ resumes and associated information (including personal information contained therein) for purposes reasonably related to their application, including without limitation: review and management of employment applications and supporting materials; administration and management of offers to and communication with candidates; and administration, management, and improvement of the recruiting operations of the D. E. Shaw group; and/or where reasonably required in connection with a proposed sale, spin-out, reorganization, or outsourcing of all or some of the business of the D. E. Shaw group. The D. E. Shaw group will not use such information for purposes unrelated to the foregoing, such as direct marketing of third-party products to candidates, without candidate consent. As used herein, the term “personal information” is meant to broadly describe information identifying or relating to a specific individual; it is intended to encompass “personal data,” “sensitive personal data,” and “personally identifiable information” and similar terms, as those terms are defined by law in the jurisdictions in which the D. E. Shaw group operates.

        The D. E. Shaw group may transfer such personal information within and outside the country and jurisdiction of the locations where the D. E. Shaw group maintains offices, to other D. E. Shaw group affiliates, to government and regulatory authorities, and to third parties which provide or may provide support and/or services to the D. E. Shaw group and for the purposes set forth above. The persons who may have access to this personal information are other employees of the D. E. Shaw group, in connection with the performance of their duties of employment, and the other parties listed above, in connection with the business of the D. E. Shaw group. (Of course, candidates will be considered for employment opportunities only in those countries in which they express interest.)

        The D. E. Shaw group will use reasonable care to maintain the confidentiality of personal information (including appropriate technical measures against unauthorized or unlawful processing and against accidental loss or destruction of, or damage to, such information) and will retain such data as required by applicable law or regulation. Candidates have the right to request access to, and correction of, their personal information in accordance with applicable law; any such request should be submitted to recruiting-inquiries@deshaw.com. Candidates who have submitted a resume to the D. E. Shaw group and do not wish to proceed with their applications should email cvwithdraw@deshaw.com. Personal information of candidates who have been the subject of background checks may have been transferred in accordance with applicable regulations, and any concerns with such transfers should be submitted to backgroundcheck-inquiries@deshaw.com.

        The D. E. Shaw group may retain candidates’ information for prospective recruiting activities, including sourcing candidates for employment opportunities and for organizing events with prospective candidates, in accordance with our internal data retention procedures. Candidates who do not agree to such future use should email recruiting-inquiries@deshaw.com.