Susquehanna International Group (SIG), a Wall Street trading firm, is offering master’s and PhD interns $8,600 per week for its 10-week summer program in 2027, totaling $86,000. Undergraduate interns can earn around $7,600 weekly, with potential signing bonuses. These roles are for quantitative trader and quantitative research positions in New York and Philadelphia, according to job listings, the firm confirmed this week.
The high pay reflects SIG’s strategy to attract top entry-level talent amid a competitive market. Interns also receive free housing, complimentary meals, and access to social events including poker tournaments and dinners. SIG’s roots date back to the late 1970s when six college students, including future billionaires Jeff Yass and Arthur Dantchik, founded the company after meeting at Binghamton University, according to fortune.com.
The compensation significantly exceeds the median U.S. weekly wage of $1,235 in early 2026, highlighting the firm’s investment in early-career talent. This move comes as Wall Street firms compete for skilled quantitative researchers and traders, a sector that increasingly values advanced degrees and AI expertise. The offer underscores the premium placed on specialized skills in finance and technology sectors.
SIG’s 2027 internship program will run for 10 weeks, with the firm continuing to provide extensive perks alongside high pay. The company’s approach illustrates a broader trend of Wall Street firms enhancing compensation packages to secure highly qualified candidates before they enter the workforce.