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Tier 2Ranked #5 of 18 on The Quant List

D. E. Shaw quant salary and jobs

The original quant hedge fund, posting $275,000 for new-grad quants and developers and $300,000 for PhDs.

$275k–$300k
base salary
86/100
Index score
New York
Locations
Hiring
As of November 11, 2026

Quant roles at D. E. Shaw

The D. E. Shaw group is a New York investment and technology firm, and one of the first to trade systematically. Its quant hiring runs through two generalist listings, Quantitative Analyst and Software Developer, which take candidates at every level from new graduate up, plus a Proprietary Trading internship. The postings state the bonus is guaranteed in the first year.

The firm’s careers page listed 97 positions and 11 internships on Nov 11, 2026, with quant hiring concentrated in the Quantitative Strategies listings.

Worth knowing: The intern package is itemised on the posting: $25,000 a month, a $25,000 sign-on bonus, housing or a $10,000 allowance, a $3,300 stipend for self-study materials and a $4,000 personal-technology stipend.

D. E. Shaw quant salary

$275k–$300k
Base salary
Not published
First-year total comp (bonus not posted)

Base: the Quantitative Analyst listing posts $275,000 for candidates with undergraduate or master’s degrees and $300,000 for PhDs; the Software Developer listing posts $275,000. Both add a year-end bonus guaranteed in the first year, a sign-on bonus and a relocation bonus. Summer 2027 interns are posted at $25,000 a month ($30,000 for PhD interns) with a $25,000 sign-on bonus ($30,000 for PhDs) and housing or a $10,000 housing allowance; the Proprietary Trading internship posts $25,000 a month with a $10,000 sign-on. Read from deshaw.com on Nov 11, 2026.

D. E. Shaw pay by track

TrackRole titleNew-grad baseSummer 2027 internshipExperienced baseOpen now
Quant traderProprietary TradingNot posted$25k a month$275k–$300kYes
Quant researcherQuantitative Analyst$275k ($300k PhD)$25k a month ($30k PhD)$275k–$350kYes
Quant developerSoftware Developer$275k$25k a month ($30k PhD)$275kYes

Posted base pay, except figures marked “package”, which are the firm’s estimated annual compensation package. Bonuses, sign-on payments and housing are extra to base pay.

See how D. E. Shaw compares in the full quant salary guide →

How D. E. Shaw scores

Compensation
9
Program maturity
9
Career capital
9
Momentum
7

Index score: 86/100. How we rank →

D. E. Shaw quant: common questions

Base: the Quantitative Analyst listing posts $275,000 for candidates with undergraduate or master’s degrees and $300,000 for PhDs; the Software Developer listing posts $275,000. Both add a year-end bonus guaranteed in the first year, a sign-on bonus and a relocation bonus. Summer 2027 interns are posted at $25,000 a month ($30,000 for PhD interns) with a $25,000 sign-on bonus ($30,000 for PhDs) and housing or a $10,000 housing allowance; the Proprietary Trading internship posts $25,000 a month with a $10,000 sign-on. Read from deshaw.com on Nov 11, 2026. By track, the posted new-grad base is not posted for quant traders, $275k ($300k phd) for quant researchers and $275k for quant developers.
As of November 11, 2026: Open: the standing Quantitative Analyst and Software Developer listings, a Machine Learning Researcher listing at $275,000–$350,000, and five summer 2027 internships in New York, as of Nov 11, 2026. Check the firm’s careers page for current listings.
Yes, summer 2027 internship listings were live on our last check. Undergraduate through PhD in math, statistics, physics, engineering, computer science and similar fields. The listings welcome candidates at all experience levels and do not require finance. Summer 2027 internships for Quantitative Analyst, Software Developer (each with a PhD track) and Proprietary Trading are live.
D. E. Shaw lists Proprietary Trading (quant trader), Quantitative Analyst (quant researcher) and Software Developer (quant developer). Its US quant listings are in New York. In office in New York.

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