Quantitative Systematic Trading Internship – PhD Summer 2027
A ten-week summer internship for PhD students, mirroring the work of full-time systematic research and trading teams. It combines a taught core curriculum with an end-to-end strategy simulation project.
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.
- Complete a core curriculum covering trading, programming, data analysis, modelling and machine-learning tools
- Research a model and turn it into a trading strategy for the summer project
- Run the strategy on high-fidelity historical data and iterate on daily performance feedback
- Pair with a mentor and compare ideas with other interns
What they ask for
Required
- Probability and statistics
- Optimisation and numerical methods
- Python for research
- Working with large datasets
- Communication
- PhD student in penultimate or final year, or postdoc
Preferred
- C++
- Scientific or high-performance computing
- Education
- PhD student in penultimate or final year in summer 2027, or postdoc, in a quantitative discipline
- Experience
- Current PhD students and postdocs; no finance experience stated
- Languages and tools
How to prepare
- Build a small end-to-end strategy: idea, data, signal, backtest, cost model and written evaluation
- Practise iterating on a model against a hidden test period without leaking information
- Brush up probability, regression and optimisation
- Learn basic trading terms such as spreads, order books and market making
What to study
- Probability, Statistics and Financial Data
- Quantitative Research, Data and Backtesting
- Python for Quantitative Finance
- Market Microstructure and Execution
The Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.
Open the roadmapApply
Read the full posting on Susquehanna International Group (SIG)’s site before applying: requirements, location and pay can change after we check them.
View the posting on Susquehanna International Group (SIG)’s site ↗
SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with Susquehanna International Group (SIG) and doesn’t handle applications.