About the role#
The PhD Summer Intern role within the PM Analytics team supports the investment process at PIMCO. Interns work directly with Portfolio Management to provide quantitative inputs. You will contribute to projects involving alpha generation and risk management. This 10-week program runs from early June to mid-August 2027 and includes mentorship, training, and a final project presentation.
What you'll do#
- Develop models for alpha generation and risk management.
- Conduct econometric analyses of historical returns.
- Build empirical and risk-neutral valuation models.
- Apply macroeconomic research to investment strategies.
- Analyze extensive transaction data to improve trade execution.
What you'll need#
- Ph.D. candidate status from a top program in Finance, Economics, Statistics, Computer Science, Physics, or Mathematics.
- Expected graduation between December 2027 and June 2028.
- Business proficiency in English.
- Programming skills, with a strong preference for Python.
- Formal training in empirical research, specifically in time series and panel data econometrics.
- Interest in asset pricing, fixed income markets, economic theory, and optimization methods.
Location & details#
- Location: Newport Beach, California.
- Term: Summer 2027.
- Modality: On-site.
- This is a full-time, paid internship.
About PIMCO
PIMCO operates as an investment management firm focused on active fixed income and credit markets. Founded in 1971, the company manages capital for clients across public and private sectors. It maintains a global presence with headquarters in Newport Beach, California. The firm employs over 4,000 people and provides financing solutions to companies while seeking risk-adjusted returns for investors.
How to get in at PIMCO
Applying early to PIMCO gives you a distinct advantage because recruiters review applications before the volume becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published, helping you get your materials in before the pile grows. It is a simple way to stay ahead of the competition during the recruitment cycle. You can also improve your response rates by reaching out to the recruiters behind the roles directly. Intern Insider surfaces the specific contacts at PIMCO so you can ask informed questions about the role or request a referral. This direct approach often yields better results than submitting to a general queue.
