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New grad quant jobs

Full-time graduate listings at the firms on the Quant List, with the starting base each one posts. Jane Street, Hudson River Trading, Susquehanna (SIG) and Five Rings post $300,000. Not every firm hires every track straight out of school: check the track columns on each firm’s page before you plan around a listing that may only exist as an internship.

16 of 18 ranked programs match · Last verified November 11, 2026 · See the full Quant List →

Jane Street is a proprietary trading firm and one of the largest market makers in ETFs, options and bonds. It hires three core tracks — quantitative trader, quantitative researcher and software engineer — and posts the same $300,000 base on all three, for new graduates and experienced hires alike. Most of its code is written in OCaml, and its interviews lean on probability, betting games and reasoning out loud rather than finance knowledge.

Base salary
$300k
Locations
New York
Work setup
In office in New York; none of the trading, research or engineering listings is remote
Who they hire
Undergraduates through PhDs from any quantitative field; the listings ask for no finance background. Summer internships and new-grad roles run in all three tracks.
Applications
New-grad and summer 2027 internship listings are live for all three tracks; the current Quantitative Trader listing was posted July 6, 2026
Worth knowing: Interns are posted at the same $300,000 annualized base as full-time hires, and experienced traders, researchers and engineers are posted at the same $300,000 as new graduates: the base is flat and the bonus does the differentiating.
Open: new-grad and summer 2027 internship listings for Quantitative Trader, Quantitative Researcher and Software Engineer in New York, plus experienced listings in all three tracks, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full Jane Street Quant page →

Hudson River Trading is an automated trading firm that folds quant research and trading into one role, the Algorithm Developer, alongside a large software engineering org working in C++ and Python. Both 2027 graduate listings — Algorithm Developer and Software Engineer — post a $300,000 US base, and the interview process is coding-heavy for both tracks.

Base salary
$300k
Locations
New York · Chicago · Austin
Work setup
In office; the US graduate listings name New York, with software roles also in Chicago and Austin
Who they hire
Bachelor’s through PhD in computer science, math, physics or a similar field. The Algorithm Developer listings ask for programming and statistics; the listings say knowledge of trading or financial markets is not required.
Applications
2027 graduate and summer 2027 internship listings were posted July 13, 2026 and are still live
Worth knowing: HRT has no separate trader title. The Algorithm Developer role covers research and trading, so a candidate who would apply to “quant trader” and “quant researcher” elsewhere applies to one listing here.
Open: Algorithm Developer and Software Engineer listings for 2027 graduates, summer 2027 internships for both tracks, and more than 30 experienced engineering reqs in the US, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full Hudson River Trading Quant page →

Citadel is a multi-strategy hedge fund headquartered in Miami, with its largest quant hiring in New York. It is a separate firm from Citadel Securities, the market maker, though the two interview campus candidates together: their interview pages say you talk with “two firms at once”. Campus hiring runs through four listings — Quantitative Research Analyst, Quantitative Trader in Equity Quantitative Research, Software Engineer and PhD-level researcher roles — and every one posts the same range. Its Global Quantitative Strategies business posts experienced researcher bands of $300,000–$350,000.

Base salary
$235k–$300k
Locations
New York · Miami · Greenwich
Work setup
In office; campus listings name New York, Miami, Greenwich and Houston
Who they hire
Undergraduate through PhD and postdoc, in separate university-graduate and PhD-graduate listings.
Applications
University-graduate and internship listings are live for research, trading and software; the internship postings describe a June-to-August program without naming the year
Worth knowing: Citadel’s experienced Global Quantitative Strategies researcher listings post $300,000–$350,000, the only experienced band on this list that starts where the top new-grad figures end.
Open: university-graduate listings for Quantitative Research Analyst, Quantitative Trader (Equity Quantitative Research) and Software Engineer, PhD-graduate researcher and research-engineer listings, internships in all three tracks, and experienced research and engineering reqs, as of Nov 11, 2026. No experienced quantitative trader listing is live in the US

Salary band, hiring status & score breakdown — see the full Citadel Quant page →

Citadel Securities is a market maker in equities, options and fixed income, headquartered in Miami with most quant roles in New York. It shares a founder with Citadel, the hedge fund, and is a separate firm with its own listings, though the two interview campus candidates together. It hires quantitative traders, quantitative researchers and software engineers. Its trader internship is “a single application for our summer trading and quantitative research program”, and its experienced listings post up to $350,000.

Base salary
$235k–$300k
Locations
New York · Miami
Work setup
In office in New York or Miami
Who they hire
Undergraduates for trading and software engineering. The trader internship is titled Trading and Research, asks for a bachelor’s degree and covers the summer quantitative research program; the separate Quantitative Researcher listings are for PhDs.
Applications
The bachelor’s and master’s Quantitative Research Analyst graduate and internship listings came down on Aug 11, 2026; trader, software and PhD research listings are still live
Worth knowing: Citadel Securities’ undergraduate research listing closed on Aug 11, 2026, about a month after most firms opened theirs. It is the clearest example on this list of how early the cycle ends.
Open: university-graduate listings for Quantitative Trader and Software Engineer, PhD-graduate researcher and research-engineer listings, internships for traders, engineers and PhD researchers, and experienced trading, research and engineering reqs, as of Nov 11, 2026. The undergraduate Quantitative Research Analyst listings closed in August

Salary band, hiring status & score breakdown — see the full Citadel Securities Quant page →

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.

Base salary
$275k–$300k
Locations
New York
Work setup
In office in New York
Who they hire
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.
Applications
Summer 2027 internships for Quantitative Analyst, Software Developer (each with a PhD track) and Proprietary Trading are live
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.
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

Salary band, hiring status & score breakdown — see the full D. E. Shaw Quant page →

Two Sigma is a systematic investment manager in New York that runs on two tracks: quantitative research and software engineering. It has no quantitative trader role at any level. Its campus listings state one number rather than a range, and a single Quantitative Researcher listing covers bachelor’s through doctorate.

Base salary
$225k–$300k
Locations
New York · Houston
Work setup
Hybrid in New York, per the firm’s listings
Who they hire
Bachelor’s through doctorate on one Quantitative Researcher campus listing; software engineering has its own campus and internship listings.
Applications
Campus full-time and summer 2027 internship listings are live for both tracks; the firm’s site shows no posting dates
Worth knowing: Two Sigma pays its campus researchers $75,000 more in base than its campus engineers, $300,000 against $225,000, the widest posted gap between tracks on this list.
Open: campus full-time listings for Quantitative Researcher, AI Research Scientist, Data Scientist and Software Engineering, summer 2027 internships for researchers and engineers, and experienced research and engineering reqs across the firm, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full Two Sigma Quant page →

Jump Trading is a Chicago-headquartered proprietary trading firm built around small, independent trading teams. Its campus program hires quantitative traders, quantitative researchers and software engineers through internships, plus AI research engineers for its deep-learning effort, and it sponsors work visas for full-time campus roles.

Base salary
$200k–$300k
Locations
Chicago · New York
Work setup
In office in Chicago or New York
Who they hire
Undergraduate through PhD and postdoc. The internship listings say no finance or economics background is required, and international students are encouraged to apply.
Applications
Campus internship listings for summer 2027 were posted July 8, 2026; the full-time PhD researcher listing followed on Sept 22, 2026
Worth knowing: Jump’s only campus trading listing is the internship. There is no standalone new-grad Quantitative Trader req, so the summer is the way in.
Open: summer 2027 internships for Quantitative Trader, Quantitative Researcher (UG/MS and PhD) and Software Engineer, full-time campus listings for PhD researchers, AI research engineers and systems engineers, and experienced software and research reqs, as of Nov 11, 2026. No full-time campus Quantitative Trader listing is live

Salary band, hiring status & score breakdown — see the full Jump Trading Quant page →

Susquehanna International Group is a privately held trading firm headquartered in Bala Cynwyd, outside Philadelphia, and one of the largest options market makers. It is known for training traders from scratch with a long education program built on decision science and poker. Its 2027 master’s and PhD listings for quantitative researchers and quantitative systematic traders post a $300,000 base in New York.

Base salary
$300k
Locations
Philadelphia area · New York
Work setup
In office at the Bala Cynwyd headquarters or in New York
Who they hire
Undergraduate through PhD. Research and systematic-trading roles are split into master’s and PhD listings; the trading track has historically hired undergraduates into an assistant-trader program.
Applications
Master’s and PhD listings for 2027 and their summer 2027 internships are live; the US undergraduate Quantitative Trader graduate and internship listings for 2027 are no longer on the board
Worth knowing: SIG posts pay only where the law requires it. The same 2027 role appears twice on its board: at $300,000 in New York and with no figure in Bala Cynwyd.
Open in the US: Quantitative Researcher and Quantitative Systematic Trader listings for 2027 master’s and PhD graduates, their summer 2027 internships, and new-grad Quantitative Strategy Developer and Trading System Engineer listings in Bala Cynwyd, as of Nov 11, 2026. The undergraduate Quantitative Trader listings currently live are for Dublin and London only

Salary band, hiring status & score breakdown — see the full Susquehanna (SIG) Quant page →

IMC is a global market maker founded in Amsterdam, with its US headquarters in Chicago and a growing New York office. Traders, researchers and engineers work on the same desks, and the graduate program posts a single base figure per role. Its New York deep-learning research roles post the highest campus figure at the firm.

Base salary
$200k–$300k
Locations
Chicago · New York
Work setup
In office in Chicago or New York
Who they hire
Bachelor’s through PhD. Graduate researcher listings are split by degree (BS/MS and PhD). The software internship listing states that immigration sponsorship is not offered for that role.
Applications
Graduate and summer 2027 internship listings were posted July 1, 2026; the Early Career software listing followed on Sept 30, 2026
Worth knowing: IMC is one of the few firms that posts a single number rather than a range on campus roles: $250,000 for a graduate researcher, $200,000 for a graduate engineer.
Open: graduate Quantitative Researcher and Deep Learning Researcher listings, Software Engineer, Early Career, summer 2027 internships in trading, research and software, and 21 experienced engineering reqs in the US, as of Nov 11, 2026. No graduate Quantitative Trader listing is live; the trading internship is

Salary band, hiring status & score breakdown — see the full IMC Trading Quant page →

Point72 is a multistrategy hedge fund headquartered in Stamford, Connecticut. Cubist Systematic Strategies is its computer-driven trading business, and most of the firm’s quant hiring runs through it: entry-level and experienced quant researchers and developers, summer internships, and a rotational Cubist Quant Academy for STEM graduates.

Base salary
$150k–$300k
Locations
New York · Chicago
Work setup
New York, Chicago, Stamford and Seattle; the listings do not say whether roles are hybrid
Who they hire
Entry-level researcher listings take bachelor’s through PhD; most research internships ask for master’s or PhD students, and Cubist’s KEPL internship for PhD candidates. Developer internships take undergraduates.
Applications
Summer 2027 research and developer internship listings are live, several updated in the first two weeks of November 2026
Worth knowing: Cubist’s PhD research internship for summer 2027 posts an annual base of $240,000–$300,000, and its own page counts more than 600 Cubist staff as of July 2026.
Open: Entry-Level Quantitative Researcher and early-career Quantitative Developer listings at Cubist, summer 2027 research, machine learning and developer internships, and experienced research and developer reqs, as of Nov 12, 2026. No US trader internship is posted

Salary band, hiring status & score breakdown — see the full Point72 / Cubist Quant page →

Optiver is a global options market maker founded in Amsterdam, with US offices in Chicago, Austin and New York. Its graduate program is best known for its assessments, including a timed mental-arithmetic test, and for a structured training period for new traders. Every US listing that posts pay shows the same $200,000 base, with a discretionary bonus on top.

Base salary
$200k
Locations
Chicago · Austin · New York
Work setup
In office in Chicago, Austin or New York
Who they hire
Bachelor’s through PhD. The graduate researcher listing is PhD-only; trading and software graduate listings open on their own schedule and are not on the board now.
Applications
Graduate researcher and FPGA listings for a 2027 start were posted in July 2026; the New York researcher listing on Sept 23, 2026
Worth knowing: Optiver’s posted US base is identical for a PhD graduate researcher and an experienced systematic options trader: $200,000. The spread between people is entirely in the bonus.
Open: Graduate Quantitative Researcher, PhD (2027 Start) in Chicago, New York and Austin, Graduate FPGA Engineer, and experienced trading, research and software reqs, as of Nov 11, 2026. No graduate or intern Quantitative Trader or Software Engineer listing is live in the US; the only internship posted is FPGA Engineer

Salary band, hiring status & score breakdown — see the full Optiver Quant page →

Five Rings is a proprietary trading firm in New York with a small headcount and a campus program that pays like the largest firms. It hires quantitative traders, software developers and PhD researchers, and its interview process is known for games and probability rather than finance.

Base salary
$300k
Locations
New York
Work setup
In office in New York
Who they hire
Undergraduate through PhD. Trading listings ask for no finance background; the developer listing asks for Python and prefers C or C++ and Linux.
Applications
Campus full-time and summer 2027 internship listings were posted July 14, 2026 and are still live
Worth knowing: With 19 postings in total, Five Rings is the smallest firm on this list to post a $300,000 campus base.
Open: Campus Full Time 2027 listings for Quantitative Trader and Software Developer, summer 2027 internships for Quantitative Trader, Software Developer and Quantitative Researcher (PhD), and an experienced Quantitative Researcher req, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full Five Rings Quant page →

DRW is a Chicago-headquartered trading firm that spans market making, latency-sensitive strategies, options, and crypto through its Cumberland business. It hires researchers and traders desk by desk, which is why its board carries many separate quantitative researcher reqs rather than one generalist listing.

Base salary
$225k–$300k
Locations
Chicago · New York
Work setup
In office, mostly in Chicago, with research roles also in New York
Who they hire
Bachelor’s through PhD in math, statistics, physics, engineering or computer science. Desk-specific researcher reqs ask for experience; the July campus-cycle listings do not.
Applications
Campus-cycle Quantitative Researcher, Software Developer and internship listings were posted July 13, 2026
Worth knowing: DRW had a Quantitative Researcher – Prediction Markets req open on Nov 11, 2026 at $200,000–$300,000, one of several prediction-market roles that appeared across this list in 2026.
Open: Quantitative Researcher and Software Developer listings from the July 2026 campus cycle, internships in trading, research and software, nine other researcher reqs and more than 50 engineering reqs in the US, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full DRW Quant page →

Millennium is a multi-manager hedge fund founded in 1989, with principal offices in New York and London. Campus hiring runs through its 2027 internship program, which the firm says it uses to hire its analyst class, and its Quantitative Strategies team has launched an 18 to 24 month program for early-career quants.

Base salary
$160k–$250k
Locations
New York · Miami · Austin
Work setup
In office; the listings are tagged onsite
Who they hire
Research internships are for master’s students and developer internships for bachelor’s or master’s students graduating between December 2027 and July 2028, with a 3.5 GPA. The Quant Analyst Program takes graduates with an advanced bachelor’s, master’s or PhD.
Applications
Summer 2027 internship listings were created between July 27 and August 10, 2026 and are reviewed on a rolling basis
Worth knowing: Millennium’s own listings describe a firm of more than 7,100 people and 370 investment teams, and its students page limits each candidate to two applications.
Open: summer 2027 quantitative researcher internships in New York, Miami and Austin, a quantitative developer internship in New York, the early-career Quant Analyst Program and experienced quant research and developer reqs in New York, as of Nov 12, 2026. No US trader listing is posted

Salary band, hiring status & score breakdown — see the full Millennium Quant page →

Tower Research Capital is a New York high-frequency trading firm organised as a set of independent trading teams on shared infrastructure. Its campus listing combines trading and research into one Quantitative Trader/Researcher role, with separate quantitative developer internships.

Base salary
$150k–$250k
Locations
New York · Chicago
Work setup
In office in New York or Chicago
Who they hire
Bachelor’s through PhD; the campus listing asks for programming in Python or C++ and statistical modelling. A separate PhD trading internship is posted.
Applications
The 2027 full-time and summer 2027 internship listings were posted July 5, 2026
Worth knowing: Tower posts intern pay as a weekly range, $3,500–$5,700, rather than the annualized figure most firms on this list use.
Open: Quantitative Trader/Researcher – 2027, summer 2027 internships for trader/researcher (including a PhD track) and quantitative developer, and experienced research and software reqs, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full Tower Research Capital Quant page →

Akuna Capital is an options market-making firm headquartered in Chicago. It runs junior full-time listings for traders, quantitative researchers and quantitative developers alongside internships, and it is one of the more accessible entry points on this list for candidates without a top-firm internship.

Base salary
From $145k
Locations
Chicago
Work setup
In office in Chicago
Who they hire
Bachelor’s and up. The junior listings are aimed at new graduates and candidates with a year or two of experience.
Applications
Junior full-time and summer 2027 internship listings were posted July 13, 2026
Worth knowing: Akuna is replacing its traditional trading summer internship in 2027 with “Sneak Peek Weeks”: one-week micro-internships run several times through the year, which it says will let it host more trading interns.
Open: Junior Trader, Junior Quantitative Researcher and Junior Quantitative Developer & Strategist, summer 2027 internships in quantitative research and platform engineering, expressions of interest for the 2027 Trading Sneak Peek Weeks, and experienced options trading and C++ reqs, as of Nov 11, 2026

Salary band, hiring status & score breakdown — see the full Akuna Capital Quant page →

Common questions

Posted starting base: $300,000 at Jane Street, Hudson River Trading, Susquehanna (SIG) and Five Rings, and for Two Sigma researchers ($225,000 for its engineers); $235,000–$300,000 at Citadel and Citadel Securities; $275,000 at D. E. Shaw ($300,000 with a PhD); $150,000–$200,000 for Cubist’s entry-level researchers and $200,000–$300,000 for its early-career developers at Point72; $160,000–$250,000 in Millennium’s Quant Analyst Program; $250,000 for IMC graduate researchers and $250,000–$300,000 for DRW’s; $225,000 for DRW software developers; $200,000 at Optiver and for IMC early-career engineers; $150,000–$250,000 at Tower Research; and from $145,000 at Akuna.
Graduate listings were live at Jane Street, Hudson River Trading, Citadel, Citadel Securities, D. E. Shaw, Two Sigma, Jump Trading, Susquehanna (SIG), IMC Trading, Point72 / Cubist, Optiver, Five Rings, DRW, Millennium, Tower Research Capital and Akuna Capital on our last check. Virtu’s early-career hiring runs through internships and a PhD research listing.
Yes, at the firms that post standalone graduate listings: Jane Street, Hudson River Trading, Citadel, Two Sigma, Five Rings, D. E. Shaw, Point72’s Cubist, Millennium, Tower Research and Akuna all had full-time campus or junior listings open that do not require a prior internship there. It is harder for trading seats at firms that fill them from the summer class.

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