Eligibility: Current PhD or Postdoc in Math, Science, Engineering and other relevant disciplines who are eligible for full-time roles starting in 2027 - 2029.
Program Length: 10 Weeks (Early June – Mid August)
PDT Partners, a quantitative investment manager, is hiring exceptional academics, PhD students and Postdoctoral researchers for our Quantitative Research internship program.
At PDT, research is rigorous, methodical, and deeply collegial. Research is cumulative by nature; whether an inquiry yields a breakthrough or simply opens new lines of questioning, we learn, iterate, and move forward together.
Research Interns will work closely with senior researchers on our trading strategies and models. Projects are substantive and varied, spanning statistical modeling, new signal research, and the development and optimization of trading strategies. Interns will engage with large-scale datasets and state-of-the-art technology, supported by significant computational resources. Beyond the research itself, you will become part of PDT's broader academic culture through intern and company-wide events that nurture collaboration, curiosity, and community.
Why join us?
PDT Partners has a 30+ year track record and a reputation for excellence. Our goal is to be the best quantitative investment manager in the world measured by the quality of our products, not their size. Our people come from diverse disciplines, are intellectually extraordinary and our community is close-knit, down-to-earth and collaborative.
Below is a list of skills and experiences we think are relevant. Even if you don’t think you’re a perfect match, we still encourage you to apply because we are committed to developing our people.
- Strong mathematical and analytical foundation with strong exceptional problem-solving and modeling ability
- Technically strong, with programming experience in (Python, R, Matlab, C++) and a genuine interest and experience in working with technology and large data sets
- Exceptional communicator, comfortable presenting complex ideas and collaborating in whiteboard-style settings
- Meticulous and detail-oriented, and innately driven to understand issues deeply
- Self-motivated and highly productive, with a strong sense of ownership and urgency
- Enjoy solving complex, difficult, real-world problems
- Entrepreneurial and creative
- Finance knowledge is not required or expected
The salary for this role is $200,000. This amount is not inclusive of any potential bonus amounts.
PRIVACY STATEMENT: For information on ways PDT may collect, use, and process your personal information, please see PDT’s privacy notices.
Skills Required
- Current PhD or Postdoctoral researcher in mathematics, science, engineering, or another relevant discipline
- Eligible for full-time roles beginning between 2027 and 2029
- Strong mathematical and analytical foundation
- Exceptional problem-solving and modeling ability
- Programming experience in Python, R, MATLAB, or C++
- Experience working with technology and large datasets
- Ability to communicate complex ideas and collaborate in whiteboard-style settings
- Meticulous, detail-oriented, self-motivated, and highly productive
- Interest in solving complex real-world problems
PDT Partners Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PDT Partners and has not been reviewed or approved by PDT Partners.
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Career-Linked Recognition & Rewards — Compensation is framed as long-term and aligned with firm and individual performance, with upside potential through performance-linked and deferred components. This alignment can meaningfully increase total rewards in strong periods.
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Healthcare Strength — Health coverage spans medical, dental, vision, disability, and life insurance and is described as comprehensive, materially boosting total rewards. Wellness supports further complement the core coverage.
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Retirement Support — A 401(k) plan with employer matching and pre-tax savings programs strengthens long-term financial benefits beyond salary and bonus. Charitable-gift matching adds additional financial-oriented support.
PDT Partners Insights
What We Do
PDT, which stands for Process Driven Trading, was founded by Peter Muller in 1993 as a proprietary trading group within Morgan Stanley. In 2013, after establishing a 19-year track record finding inefficiencies in financial markets, the group spun out of Morgan Stanley to become an independent investment management firm, PDT Partners. Today we are a leader in the field of quantitative finance, known for our rigorous scientific, systematic, and model-driven approach to investing, with multiple billions in assets under management. Peter Muller, Founder and CEO, and a small group of managing partners lead around 250 scientists, engineers, and professionals in New York and London.
