The D. E. Shaw Group

The D. E. Shaw Group

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Job Description

Job Overview

The D. E. Shaw Group is seeking talented Ph.D. candidates for a software development internship in New York during the summer of 2026. This 12-week program allows interns to utilize their analytical skills in a collegial environment while building tools for analyzing and trading financial instruments and developing real-time applications for automated trading. The internship offers exposure to various academic areas and a chance to collaborate with peers and experienced professionals.

Technical Requirements

Required Skills
  • • programming skills
  • • problem-solving capabilities
  • • detail-oriented
Preferred Skills
  • • creativity in technical fields
  • • experience in quantitative finance
Experience Level

Ph.D. candidates with advanced coursework in technical and quantitative programs

Responsibilities

  • • Build tools for analyzing and trading financial instruments
  • • Design and deploy real-time, scalable applications for automated trading activities

Technical Environment

Languages

Benefits & Perks

  • • Monthly base salary of $25,000
  • • Overtime pay
  • • Sign-on bonus of $25,000
  • • Travel coverage to and from the internship
  • • Choice of furnished summer housing or a $10,000 housing allowance
  • • $3,300 stipend for self-study materials
  • • $4,000 stipend for personal technology equipment

Additional Information

Location
New York, NY
Type
Internship
Compensation
Monthly base salary of $25,000, overtime pay, sign-on bonus, housing allowance, and stipends for study materials and technology

About The D. E. Shaw Group

The D. E. Shaw group is a global investment and technology development firm founded in 1988 with offices in North America, Europe, and Asia. The firm has earned an international reputation for successful investing based on innovation, careful risk management, and the quality and depth of its staff.

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