northwesternfintech / 2024quantinternships

Public quant internship repository, maintained by NUFT but available for everyone.

Summer 2024 Quant Internships

Feel free to submit a new job posting or suggest a change by submitting a pull request 🙏

(Format forked from QuantStart. Updated and Maintained by the Northwestern Fintech Club.)

Are you a firm looking to reach quant interns? Let us know at [email protected] and we will take care of adding your positions.

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✅ = Company offers role and applications are open → click on the checkmark for a link to the job posting

✔️ = Company offers role, applications are not open

SWE = Software Engineering or Quantitative Development

QR = Quantitative Research

QT = Quantitative Trading

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Company	Location	SWE	QR	QT	Status	Notes
Akuna Capital	Chicago	✅	✔️	✔️		Apply early!
Ansatz Capital	NYC					Very Small
Aquatic	Chicago
AQR	Greenwich		✔️	✅
BAM		✅	✅
Arrowstreet Capital	Boston	✅	✅			Highest Interview Difficulty
Belvedere Trading	Chicago	✔️	✔️	✔️
Blackedge Capital	Chicago	✔️		✔️
Bridgewater	Westport	✅				Day Ralio's firm. Very unique culture.
Campbell and Company	Baltimore, MD					This small 60 employee multi-strat quant firm has an extremely collaborative culture.
Citadel	Chicago, NYC	✅	✅	✅		The hedge fund side of Ken Griffin's Citadel. The quants are mostly on the Global Quantitative Strategies team (GQS). Citadel tends to be fairly school-selective.
Citadel Securities	Chicago, NYC	✅	✅	✅		The market making arm of Citadel. The general perception is that the culture tends to be better at Citadel Securities vs Citadel LLC. A good way to get into the interview pipeline is through Citadel's Data Open competition.
Chicago Trading Company	Chicago	✔️		✔️
Cubist	New York City	✅	✅			The quant arm of Steve Cohen's Point72 hedge fund.
DE Shaw	NYC	✅		✅		Tends to be extremely school-selective, mostly recruiting from ivy leagues and similar.
DRW	Chicago	✅	✅	✅		Perception is that DRWers tend to have a good WLB but teams are usually siloed. One of the first traditional firms that started going into crypto.
Five Rings	NYC	✅	✅	✅	Winter also available.	Very school-selective.
Flow Traders	NYC			✔️		Primary focus is on ETFs. Pay tends be lower than IMC and Optiver but the office is NYC instead of Chicago.
G-Research	London					Also hires people out of the US. Very focused on research with a lot of people working on cutting-edge Machine Learning.
Geneva Trading	Chicago	✔️		✔️
GSA Capital	NYC
HAP Capital	NYC	✔️	✔️
Headlands Tech	Chicago					Founded by ex-Citadel people. Max Dama works here. Similarly to Ansatz, Aquatic, and Radix, a small firm that is willing to pay more than most competitors. Known to have a large focus on C++, both among QRs and SWEs.
HRT	Chicago, NYC	✅	✅			The Algo Dev role at HRT is essentially Quantitative Research. HRT's culture seems to be pretty similar to JS and pay is similar too. HRT has a bigger focus on ML with their dedicated HRT AI Labs. HRT, JS and Two Sigma are also known to recruit QRs out of undergrad.
IMC Trading	Chicago	✅	✅	✅		Word is that IMC has the chillest culture out of the three big dutch firms (IMC, Optiver, Flow Traders). Pay tends to be in between Flow Traders and Optiver. Tends to be more focused on the quantitative side than Optiver and Flow. Has one of the highest intern salaries.
Jane Street	NYC	✅	✅	✅		Founded by ex-SIG people. Tends to be more school-agnostic than other firms. Also offers a lot of first-round interviews. General perception of JS is that it has a very comfortable and quirky culture. Specializes in market making.
Jump Trading	Chicago	✅	✅	✅		Fairly school-selective recruiting. Very engineering-focused with siloed teams.
Mako Trading	London
Marshall Wace	NYC
Maven Securities	London					Founded by ex-optiver traders.
Millenium	NYC	✔️	✅			Check Handshake.
Old Mission	Chicago, NYC					Takes 4 total for a winter internship.
Optiver	Chicago	✅	✔️	✅		Tends to have the highest pay out of the three big dutch firms (IMC, Optiver, Flow Traders) due their marble bonus system. Larger focus on traders. Traders generally tend to earn considerably more than SWEs at the Dutch firms, especially over time. QR roles are open for graduate students
PDT Partners	NYC	✔️				Founded by Pete Muller, very collaborative and secretive culture similar to Rentech. Recruits college students for mainly SWE but some SWE/QR combo roles (dependent on team). Exclusively recruits PhD students for full-time QR roles.
Peak6	Chicago	✔️		✅		The internships are geared towards women. The new grad roles are open to everyone.
QuantLab	Houston		✅
Radix Labs	Chicago	✅		✅		Founded by ex-Citadel people. Radix calls SWEs Quantitative Technologists. They don't publicize internships but they do select a handful of interns every year. Just email your resume. Rumor is that they offer the highest internship salaries. Culture is likely most similar to Renaissance.
Renaissance	Setauket- East Setauket					The legendary OG quant fund (medallion). Good luck with this one. You can email your resume and they do sometimes interview normal SWEs but it's very unlikely you'll get an interview for any other role unless you're extra-extraordinary.
Schonfeld
Seven Eight	NYC
SIG	Bala Cynwyd	✔️	✔️	✔️		Has a huge poker culture. Fairly chill culture but pay tends to be on the lower side.
Squarepoint	NYC		✅
TGS	Irvine					TOP TOP TOP Tier.
Tower Research	NYC			✅		Pretty traditional portfolio manager culture.
TransMarketGroup	Chicago			✅
Two Sigma	NYC		✅			Founded by ex-DE-Shaw people. Collaborative and chill culture. The org is mostly composed of QRs and SWEs. More of a quant hedge fund, with a a smaller market making arm and a venture capital team.
Valkyrie Trading	Chicago		✅
Vatic Labs	NYC		✔️			Founded by ex-Jump people.
Virtu Financial	NYC, Austin	✅	✅	✔️
Voleon	Berkeley			✔️		Specializes in Machine Learning and recruits college students for SWE roles but primarily recruits PhD students for research roles.
Wolverine	Chicago	✔️
WorldQuant	NYC
XTX Markets	London					Branched out of GSA capital.

2024quantinternships's Issues

add blackedge

title

radix closed

bam

Millennium Wrong link

Full time position linked used instead of internship

Clear for 2025

add HAP

millenium all positions

Baird Capital is open

voleon qt

Quantlab Opened QR Intern Position

Was looking through firms and saw that QuantLab has a QR intern position posted and it is not updated in this list. Here's the link

p72 is open

ctc internships

Deadlines?

Do we have any info on the deadline for this vacancies?

flow traders qt closed

not 100%

sig swe

bridgewater engineer intern

blackedge all positions closed

bridgewater is out

(will do after midterm)

quantlab qr

geneva trading

@minnce

Update Descriptions

Most descriptions are pretty outdated. Need to refresh them.

HAP swe and qr