Summer Research Intern

Job Description

About Two Sigma

Two Sigma is a financial sciences company at the forefront of using data analysis, invention, and rigorous inquiry to solve complex challenges in finance. They go beyond traditional methods to develop innovative solutions for investment management, insurance technology, securities, private equity, and venture capital. Their team of scientists, technologists, and academics tackle difficult problems collaboratively, fostering an environment of learning and growth. Two Sigma proudly serves some of the world’s largest investors, including retirement funds, research institutions, educational endowments, healthcare systems, and foundations.

Job Description – Quantitative Research Internship

This internship program offers a 10-week opportunity to work alongside a mentor at Two Sigma’s New York City office. You’ll gain practical experience by participating in a variety of activities:

• Developing sophisticated investment models: You’ll use the scientific method to shape insights into market behavior.
• Applying quantitative techniques: You’ll leverage machine learning and other techniques to analyze massive datasets.
• Creating and testing complex investment ideas: You’ll collaborate with engineers to test your theories.

While working on a single project, you’ll also be actively involved in the academic community through:

• Joining reading circles: Stay up-to-date on the latest research papers.
• Attending seminars: Learn from thought leaders at top universities.

This internship culminates in a final presentation showcasing your work and learnings.

Ideal Candidate Profile

• Pursuing a technical or quantitative degree: Statistics, mathematics, physics, electrical engineering, or computer science.
• Programming skills: Proficiency in at least one language (C, C++, Java, or Python).
• Research experience: You have completed an in-depth research project involving real-world data.
• Independent thinker: You approach data analysis creatively and can communicate complex ideas clearly.

A background in finance is not required. If you have the quantitative skills, Two Sigma will provide the financial training.

Benefits

• Perks: Onsite gyms, laundry service, wellness activities, casual dress, snacks, and game rooms.
• Hybrid Work Policy: Flexible in-office days with a budget for home office setup.
• Competitive Compensation: Weekly base pay varies depending on your degree: $3,500 (Bachelor’s), $3,700 (Master’s), and $4,200 (PhD).
• Additional Benefits: Discretionary bonus, health, dental, wellness plans, and 401(k) contributions.

Note: Compensation is tailored to the candidate’s skills, qualifications, and experience.