Quant jobs / Five Rings

Quantitative Researcher Intern 2027 (PhD)

A nine-week summer research internship for PhD students at a proprietary trading firm. Interns join the research team on development projects with a dedicated mentor.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Work on a mentored research project alongside the firm's quantitative researchers
Prototype and test ideas on a hard mathematical problem set by the team
Write code to support the project, using basic programming skills
Attend talks on core trading concepts and join strategy games and mock exercises

What they ask for

Required

Currently doing a PhD in a quantitative field
Strong mathematics
Problem solving
Basic programming
Track record in your specialty
Attention to detail

Education: Working towards a PhD in computer science, mathematics, physics, statistics, economics or a similar field.
Experience: Current PhD students; no industry experience stated

How to prepare

Keep your research-area fundamentals sharp and be ready to explain your PhD work simply
Practise probability and mental-maths puzzles
Build a small data-analysis project in Python
Read an introduction to how trading firms use research to find signals

What to study

The Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on Five Rings’s site before applying: requirements, location and pay can change after we check them.

View the posting on Five Rings’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Five Rings and doesn’t handle applications.