Susquehanna Offers $86,000 for 10-Week Quantitative Internships

Susquehanna International Group posted summer internships paying $8,600 per week for master's and PhD candidates in quantitative trader and quantitative research roles. The 10-week program totals $86,000 and covers positions in the firm's New York and Philadelphia offices for 2027.

Undergraduate interns at the firm can earn about $7,600 per week, with signing bonuses possible depending on the role.

Interns also receive free housing, complimentary breakfast and lunch, and access to social events that include poker tournaments, dinners, and sporting events. The median U.S. worker earned $1,235 per week in the first quarter of 2026.

Fortune reported that the pay packages reflect competition among top trading firms for quantitative talent. Jane Street advertises summer intern compensation at a $300,000 annual rate paid pro rata for three months, or roughly $5,700 per week. Citadel and Citadel Securities offer interns between $4,300 and $5,800 weekly in base salary, varying by position and experience.

Goldman Sachs has maintained an internship acceptance rate below 1 percent for three consecutive years. Jacqueline Arthur, the bank's head of human capital management, stated that roughly 40 percent of Goldman partners began as campus hires. Susquehanna was founded in the late 1970s by six Binghamton University students, including Jeff Yass and Arthur Dantchik.

The firm continues to recruit heavily from campuses as part of its hiring strategy. Anthropic CEO Dario Amodei and OpenAI CEO Sam Altman have warned that generative AI could reduce demand for many entry-level white-collar positions. At the same time, firms are paying large sums to recruit engineers and researchers who can develop advanced AI systems.