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2027 Summer Internship - MS/PhD Data Scientist, Proprietary Research

Pay
USD 130,000–175,000/year · Base · ProratedLocation-specific pay. Excludes overtime — pay source
Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/. The annual base salary range is $130,000–$175,000 (USD), which will be prorated based on internship start and end date; this does not include overtime compensation. Actual compensation offered to the successful candidate may vary from posted hiring based upon geographic location, work experience, education, and/or skill level, among other things.
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Before you apply

New graduates
For current studentsJob title: 2027 Summer Internship - MS/PhD Data Scientist, Proprietary Research

What you’ll work on

Full posting
  • Select methods and collect and check quality of large datasets

  • Build machine learning and statistical models on large, unstructured data

  • Support Analytics team in delivering research findings to investment teams

  • Drive technical innovation through collaborative R&D

From the employer’s posting
Managing all aspects of the research and execution process including methodology selection, data collection and quality
Tackling challenges of featuring and modeling large and unstructured data using machine learning and statistical techniques
Working alongside Analytics team members who deliver research findings to investment teams, portfolio managers, and other internal clients
Driving technical innovation through a collaborative R&D process

What you’ll bring

All qualifications

Core experience

  • Pursuing a master's or PhD in a quantitative discipline
  • Strong programming in Python, R, Spark, and/or SQL
  • Exceptional understanding of statistics and advanced modeling techniques
  • Interest in machine learning, statistical models, and data mining tools
  • Ability to communicate complex analyses and results clearly
Qualification wording
Pursuit of master’s or PhD degree in a quantitative discipline
Strong programming skills in Python, R, Spark, and/or SQL
Exceptional understanding of statistics and advanced modeling techniques
Demonstrated interest in machine learning, statistical models, and data mining tools
Ability to communicate complex analyses and results clearly
Education & alternatives
Our industry researchers, product managers, and data scientists and engineers work together to build compliant research products that answer the questions our investment professionals care about most. We look for other bright, motivated, and collaborative people to join our team and grow with us. About the MS/PhD Data Scientist Internship Our data scientists conduct research through data mining and statistical modeling to discover insights from large, complex data sets that are used by our investment professionals to make investment decisions.
What’s Required - Pursuit of master’s or PhD degree in a quantitative discipline - Demonstrated interest in machine learning, statistical models, and data mining tools

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen.

In the employer’s words · Read in context

Apply at Point72

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Status in our records
Live
First seen by us
Oct 14, 202626 days ago
Recorded sightings
34
Last seen by us
Nov 9, 2026

These dates show when we found the posting. Check the employer’s website to confirm it is still accepting applications.

How this job compares

Pay

$118K–$194K is typical

The middle half of what similar US postings state. This one doesn’t list pay.

From 3,819 postings in the last year. Stated ranges, not salaries paid.

Time since we first saw it

Day 26

Similar jobs usually come down between day 7 and day 57.

At Point72, jobs usually come down by about day 132.

From 10,789 similar postings that came down, and 25 of Point72’s. Coming down is not always a hire.

Point72 is hiring

30 open jobs

Open jobs by the week we first saw them, last 12 weeks.

  • Hiring at a steady pace
  • Its jobs tend to stay up a long time
  • 3% of open jobs were reposted
Hiring record

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  • Python
  • R
  • SQL
  • Spark
Where the posting names them
- Demonstrated interest in machine learning, statistical models, and data mining tools - Strong programming skills in Python, R, Spark, and/or SQL - Exceptional understanding of statistics and advanced modeling techniques

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Demand for Data Scientist roles

New Data Scientist postings at the employers we follow are down 5% over the last 6 weeks compared with the 6 before.

Weekly new Data Scientist postings at the same employers, from the week of August 17 to the week of November 2. The fewest in a week was 1,408, the most 2,964, and the latest week had 2,139.
August 17Last week

Each bar is one week of new postings. The darkest bars are the last 6 weeks.

Counted from the hiring pages we’ve followed for at least five weeks, so employers we add don’t look like growth. Updated weekly.

About the role

We file this job under Data Scientist, by the work the posting describes.

Data scientists use statistics and models to answer harder questions, such as whether a change worked, what demand will look like next quarter, or which customers are likely to leave.

Postings usually ask for Python or R, SQL, statistics, experiment design and common machine learning methods.

Unlike an ML engineer, a data scientist's main output is often an analysis or a first model, not software running inside a product.

US government figures for data scientists

Median yearly pay, May 2025
$120,230
Expected change, 2025 to 2035
34.6% more jobsagainst 3.5% for all jobs

Source: US Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025 to 2035). Occupation code 15-2051.

Job description

View original posting ↗

A Career with Point72’s Market Intelligence Team

On our proprietary research team—Market Intelligence—you’ll support Analytics team members as they work with our investment professionals and Compliance team to uncover insights about companies, industries, and the broader economy through deep fundamental research and applying data science and engineering techniques to alternative data sets. You’ll work alongside a talented team with diverse skills, backgrounds, and perspectives. 

Our industry researchers, product managers, and data scientists and engineers work together to build compliant research products that answer the questions our investment professionals care about most. We look for other bright, motivated, and collaborative people to join our team and grow with us. 

About the MS/PhD Data Scientist Internship

Our data scientists conduct research through data mining and statistical modeling to discover insights from large, complex data sets that are used by our investment professionals to make investment decisions. 

During the 10-week program based in our New York office, you will gain exposure to: 

  • A highly collegial environment that emphasizes teaching and learning as a team 
  • Tackling challenges of featuring and modeling large and unstructured data using machine learning and statistical techniques 
  • Managing all aspects of the research and execution process including methodology selection, data collection and quality, modeling and analysis, and performance monitoring 
  • Working alongside Analytics team members who deliver research findings to investment teams, portfolio managers, and other internal clients 
  • Driving technical innovation through a collaborative R&D process

Summer Internship Program at Point72

In addition to the learning and development you’ll receive in your day-to-day role with your team, as a part of our summer internship program you will: 

  • Work alongside your fellow interns and be mentored by experienced professionals 
  • Meet your peers through designated intern programming, volunteer opportunities, and social events 
  • Attend sessions with senior leaders discussing their expertise and career paths 
  • Get hands on access to the wealth of tools and resources that Point72 employees use every day 
  • Gain exposure to groups and functions with unique responsibilities and perspectives on our industry 
  • Develop technical, writing, and presentation skills 
  • Participate in networking opportunities across the firm, with groups such as Trading, Finance, Trade Support, Compliance, and Technology 

What’s Required

  • Pursuit of master’s or PhD degree in a quantitative discipline 
  • Demonstrated interest in machine learning, statistical models, and data mining tools 
  • Strong programming skills in Python, R, Spark, and/or SQL 
  • Exceptional understanding of statistics and advanced modeling techniques  
  • Ability to communicate complex analyses and results clearly  
  • Commitment to the highest ethical standards 

About Point72

Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/. 

The annual base salary range is $130,000–$175,000 (USD), which will be prorated based on internship start and end date; this does not include overtime compensation. Actual compensation offered to the successful candidate may vary from posted hiring based upon geographic location, work experience, education, and/or skill level, among other things.

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Pay
Point72 is a leading global alternative investment firm led by Steven A. Cohen. Building on more than 30 years of investing experience, Point72 seeks to deliver superior returns for its investors through fundamental and systematic investing strategies across asset classes and geographies. We aim to attract and retain the industry’s brightest talent by cultivating an investor-led culture and committing to our people’s long-term growth. For more information, visit https://point72.com/. The annual base salary range is $130,000–$175,000 (USD), which will be prorated based on internship start and end date; this does not include overtime compensation. Actual compensation offered to the successful candidate may vary from posted hiring based upon geographic location, work experience, education, and/or skill level, among other things.
Location & working pattern

New York, NY

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