About the role#
We are looking for a PhD student in Economics to join our Central Research team within the Discretionary Macro and Fixed Income division. You will work on live research questions that directly influence investment processes for our portfolio managers. This is a 10-week summer internship based in New York.
What you'll do#
- Build quantitative models covering growth, inflation, labor markets, and monetary and fiscal policy across developed and emerging markets.
- Analyze large datasets and build tools to generate actionable macroeconomic insights.
- Conduct empirical research on macro themes such as policy transmission, term premia, and cross-country spillovers.
- Develop and maintain data and analytical tools for the broader research team.
- Communicate research findings clearly to portfolio managers and researchers.
What you'll need#
- Current enrollment in a PhD program for Economics, Financial Economics, or a related quantitative field.
- Strong grounding in macroeconomic theory and applied econometrics, including time series, panel data, and causal inference.
- Proficiency in at least one statistical or programming language such as Python, R, or MATLAB.
- A genuine interest in financial markets and the connection between macro research and investment decisions.
- Strong problem-solving skills, attention to detail, and organizational abilities.
- Prior research assistantship, internship, or work experience in economics, finance, or policy is a plus.
Location & details#
- Location: New York, New York.
- Term: Summer 2027.
- Modality: On-site.
- Compensation: This is a paid, full-time internship with an expected prorated annual base pay range of $125,000 to $175,000.
About Schonfeld
Schonfeld is a multi-strategy hedge fund established in 1988. Based in New York, the firm operates across five continents. It employs between 501 and 1,000 people. The company focuses on four core strategies including quantitative, fundamental equity, tactical trading, and discretionary macro and fixed income.
How to get in at Schonfeld
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