About the role#
The Quantitative Research team at Davidson Kempner provides data-driven insights to investment teams across various strategies, including equities, corporate credit, real estate, and merger arbitrage. This role involves applying quantitative methods to support discretionary investment processes rather than developing algorithmic trading strategies. Interns work on live projects alongside experienced analysts, gaining exposure to data sourcing, modeling, and the creation of analytical tools.
What you'll do#
- Conduct quantitative analysis across companies, sectors, and asset classes, including revenue forecasting and business performance evaluation.
- Source, evaluate, and analyze traditional and alternative datasets while assessing data quality and limitations.
- Apply statistical methods to develop models, generate forecasts, and test investment hypotheses.
- Write, test, and maintain reliable Python and SQL code, including the development of reusable analytical processes.
- Build and maintain analytical dashboards, monitoring tools, and automated research reports.
- Support company-specific due diligence and broader thematic research.
- Validate analytical results and communicate conclusions, assumptions, and limitations to team members.
- Explore and use AI tools to improve research capabilities and efficiency.
What you'll need#
- Current enrollment in Columbia University's M.A. in Mathematics of Finance (MAFN) program in good academic standing.
- A strong foundation in statistics, probability, quantitative methods, regression, and time-series analysis.
- Proficiency in Python and SQL, including an understanding of database structures and coding best practices.
- Comfort with Excel and experience working with complex datasets to solve practical problems.
- Exceptional attention to detail and a commitment to analytical rigor.
- A genuine interest in financial markets and the broader economy.
- Familiarity with Databricks, visualization platforms, machine learning, or AI-assisted tools is preferred.
- Strong communication skills and the ability to explain findings clearly.
Location & details#
- This is an on-site internship based at the Davidson Kempner headquarters in New York, New York.
- The position is full-time for a duration of 6 months.
- Compensation is $40 per hour.
- Program arrangements and specific dates are coordinated with the Columbia University MAFN program office.
About Davidson Kempner Capital Management
Davidson Kempner Capital Management is a global investment firm founded in 1983. The company manages approximately 38 billion dollars in assets across various funds and strategies. It operates from headquarters in New York and maintains a staff of 575 employees. The firm invests in public and private markets across the capital structure.
How to get in at Davidson Kempner Capital Management
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