PhD Quant Focus 2026

Posted 3 Days Ago
Be an Early Applicant
Chicago, IL
In-Office
90K-90K Annually
Internship
Fintech
The Role
Participate in a three-day workshop designed for PhD students to learn about quantitative research and its applications in financial markets, culminating in a potential internship opportunity.
Summary Generated by Built In

Fast-track your path from PhD to Quantitative Research.

 You’ve spent years developing rigorous hypotheses, mastering mathematical and scientific techniques and defending your findings. PhD Quant Focus is a three-day deep dive designed to show how your academic studies apply to the practical challenges of quantitative research and machine learning in global financial markets. For top performers, the program provides a fast-tracked pathway into our PhD Quantitative Research internship for the following summer.  

Financial markets offer one of the most complex, dynamic and data-intensive quantitative challenges. To navigate this complexity, we compress the scientific cycle to rapidly transform advanced mathematics, statistical modelling and machine learning techniques into trading algorithms that generate immediate performance outcomes. 

PhD Quant Focus places you directly in this research setting through hands-on workshops, practical technical discussions and direct interaction with researchers and traders who have made the transition from academia. 

 

Details 

  • Who: PhD students in STEM fields, with a preferred background or experience in machine learning (e.g., Computer Science, Statistics, Machine Learning, Electrical & Computer Engineering, Applied Mathematics) 
  • When: April 15–17, 2026 
  • Where: Optiver’s Chicago office 
  • Travel: Flights and accommodation fully covered 

 

What you’ll do 

During this three-day program, you’ll work closely alongside Optiver’s quantitative researchers, traders and engineers in a series of hands-on sessions that mirror the types of problems they solve and how they approach them in practice: 

  • Participate in hands-on trading workshops 
    Build foundational intuition around market making and quantitative decision-making and see firsthand how research connects to real-time market dynamics and trading outcomes. 
  • Work through applied quantitative research challenges 
    Gain practical experience in applying data analysis, statistical modelling and machine learning techniques to extract signals from large-scale, noisy and event-driven data. 
  • Engage directly with experienced quantitative researchers 
    Get insights into their day-to-day work, career paths, and tips on successfully transitioning from PhD to industry. 
  • Receive practical feedback to advance your transition to industry 
    Get feedback on how you frame problems, reason through assumptions and communicate your thinking in an applied setting. 

Who you are 

  • A current PhD student in a STEM or highly quantitative discipline with interest or experience in machine learning, statistics, applied mathematics, physics or related areas. 
  • Available for a Summer 2026 or 2027 internship, with an anticipated PhD graduation between 2026 and 2029. 
  • Motivated by complex, data-intensive problems, comfortable operating in conditions of uncertainty, and confident in applying programming, mathematical modelling and data-driven methodologies to solve challenging research questions. 
  • Clear communicator of technical ideas who thrives in collaborative, multidisciplinary environments. 

What you'll get 

  • Direct pathway into Optiver’s PhD Quantitative Research internships 
    High-performing participants will enter an accelerated interview process for our Summer 2027 internship, with select candidates considered for Summer 2026. 
  • Clarity on how academic research translates into applied trading impact 
    Understand how core PhD strengths are applied, assessed and developed within Optiver’s quantitative research teams, and what strong research performance looks like in practice. 
  • Exposure to Optiver’s collaborative, multidisciplinary research culture 
    Experience firsthand how researchers, traders, and engineers collaborate, openly share knowledge, and rapidly iterate to deliver breakthroughs at scale. 
  • A network of like-minded PhD candidates and experienced researchers 
    Build connections with peers and team members and compare approaches, problem-solving styles and research backgrounds. 

Following your participation in this program, you may choose to move forward with the application process for Optiver’s internship program. Below is the expected base salary for an internship position in our Trading or Tech departments. This is a good-faith estimate of the base pay scale and sign on bonus for this position and offers will ultimately be determined based on experience, education, skill set, and performance in the interview process. Internship positions in our Trading and Tech departments are also be eligible for benefits including Optiver-covered flights, living accommodations and commuting stipends (where applicable); and office perks, including daily breakfast and lunch, social events and clubs. 

Internship Base Salary Range
$90,000$90,000 USD

Top Skills

C++
Data Analysis
Machine Learning
Python
R
Statistical Modeling
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The Company
HQ: Chicago, IL
1,600 Employees
Year Founded: 1986

What We Do

Optiver’s story began over 30 years ago, when we started business as a single trader on the floor of Amsterdam’s options exchange. Today, we are at the forefront of trading and technology as a leading global electronic market maker, focused on pricing, execution and risk management.

Why Work With Us

People at Optiver love challenges, welcome collaboration, and strive to be better tomorrow than they are today. Improving the market is an extraordinary challenge that requires a carefully crafted approach. Optiver provides a collaborative working environment to tackle these challenges. In fact, it is this way of working that sets us apart.

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