Strategy and Business Development Intern (New York) – Summer 2024

You’ll take on projects that require rigorous analytical thinking and creative problem solving. You might investigate which markets our investment strategies should target for expansion, evaluate whether and where to open a new office, research prospective new investors for our funds, or develop a plan for launching an opportunistic credit fund.

Throughout the summer, you’ll work closely with your manager and other mentors who will support your professional development. You’ll participate in our robust, customized learning curriculum, which is designed to help you strengthen your skills, learn new ones, and build a strong foundational knowledge of our firm and industry. You’ll also have regular opportunities to learn about us and our industry from internal and external experts, get to know employees across the firm, and enjoy events and outings like volunteer days, Broadway musicals, and intern game nights.

• Most importantly, and in keeping with our firm’s culture, we’re more interested in curiosity, entrepreneurship, and initiative than we are in any particular skill or experience.
• We’re interested in highly accomplished students with keen analytical aptitude. Strategy and business development interns excel at taking a structured and detailed approach to solving problems, communicate effectively (verbally and in writing), take initiative and lead organizations, and thrive on collaboration.
• You’re not expected to have previous finance experience, but it’s great if you do. We’ll help you learn everything you need to know, both through our training program and through hands-on experience working with your manager and colleagues. Recent SBD interns majored in fields such as economics, history, international relations, mathematics, and computer science, and we welcome and encourage applications from individuals from all academic disciplines. Students in this program are usually approaching their final year of full-time study.
• The expected monthly base salary for this position is $9,000. Our compensation package includes travel to the internship, overtime for all hours worked over 40 per week, a sign-on bonus, and choice of corporate housing or a summer housing allowance.

At the D. E. Shaw group, we believe the diversity of our employees is core to our strength and success. We are committed to supporting our people in work and in life, which is why we offer benefits such as a family planning and surrogacy program and a charitable gift match to all full-time employees.