Internship

2025 Summer Internship

MS/PhD Data Scientist, Proprietary Research

Posted on 8/16/2024

Point72

Point72

201-500 employees

Global asset management firm specializing in investments

Compensation Overview

$60.10 - $72.12/hr

+ Bonus Compensation

Company Historically Provides H1B Sponsorship

New York, NY, USA

Part of the 10-week internship program in the New York office.

Category
Data Science
Data & Analytics
Required Skills
Python
Data Science
R
Apache Spark
SQL
Requirements
  • Demonstrated interest in machine learning, statistical models, and data mining tools
  • Pursuit of PhD degree in a quantitative discipline, or pursuit of a MS degree with prior professional experience
  • Strong programming skills in Python (preferred), 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
Responsibilities
  • Conduct research through data mining and statistical modeling to discover insights from large, complex data sets
  • Manage all aspects of the research and execution process including methodology selection, data collection and quality, modeling and analysis, and performance monitoring
  • Deliver research findings to investment teams, portfolio managers, and other internal clients
  • Work within a team to help drive technical innovation through a collaborative R&D process

Point72 is an asset management firm that focuses on various investment strategies, including discretionary long short equity, systematic investing, and macro strategies. The firm also invests in private markets, catering to a wide range of clients such as institutional investors, high-net-worth individuals, and family offices. Point72 operates in major financial centers around the world, using its expertise to find and take advantage of investment opportunities across different asset classes and regions. Unlike many competitors, Point72 aligns its earnings with client success through management fees and performance incentives. The firm aims to achieve superior returns for its clients while promoting a culture of excellence and supporting community initiatives through its ESG efforts.

Company Size

201-500

Company Stage

Private

Total Funding

$937.2M

Headquarters

Stamford, Connecticut

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Point72's investment in AI-driven solutions like Netradyne shows foresight in emerging technologies.
  • The firm's involvement in IPO-ready startups like Mistral AI presents lucrative opportunities.
  • Point72's strong network influence aids in forming strategic partnerships and collaborations.

What critics are saying

  • Increased competition from AI-driven firms could challenge Point72's market position.
  • Departure of key executives may impact Point72's strategic direction and efficiency.
  • Investments in companies with valuation cuts, like Knowde, pose potential return risks.

What makes Point72 unique

  • Point72's global presence in major financial hubs enhances its investment reach.
  • Led by Steven A. Cohen, Point72 leverages extensive expertise in diverse investment strategies.
  • Point72's commitment to ESG efforts differentiates it in the asset management industry.

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Benefits

Fully-paid health care benefits

Generous parental and family leave policies

Mental and physical wellness programs

Volunteer opportunities

Non-profit matching gift program

Support for employee-led affinity groups representing women, minorities and the LGBT+ community

Tuition assistance

A 401(k) savings program with an employer match and more

Company News

Florida Trend
Mar 5th, 2025
Miami's non-profit women's shelter Lotus House creates the Children's Village as a resource for survivors of domestic violence

Influur, a Miami startup that connects celebrities and online influencers with brands, secured $5 million in seed funding led by Point72 Ventures with participation from Magma Partners and H20 Capital.

PYMNTS
Jan 21st, 2025
Ai Startups: Mistral Plans Ipo; Harvey Eyes $3 Billion Valuation

Mistral AI, France’s open-source answer to OpenAI, plans to go public instead of being acquired. “We are not for sale,” CEO and co-founder Arthur Mensch told Bloomberg TV Tuesday (Jan. 21). There had been speculation that the startup would be acquired by Microsoft, in part due to a partnership and the tech giant’s investment of 15 million euros ($15.6 million) in Mistral. (Microsoft has invested nearly $14 billion in OpenAI.)

Latest Nigerian News
Jan 16th, 2025
Netradyne, which provides AI-enabled dashcams to fleet owners like Amazon, raised a $90M Series D led by Point72 at a pre-money valuation of $1.25B (Rebecca Bellan/TechCrunch)

Netradyne, which provides AI-enabled dashcams to fleet owners like Amazon, raised a $90M Series D led by Point72 at a pre-money valuation of $1.25B (Rebecca bellan/techcrunch).

Finsmes
Jan 15th, 2025
Hinge Bio Raises $30M in Series A Financing

Hinge Bio raises $30M in Series A financing.

Cointelegraph
Dec 13th, 2024
Galaxy Digital hires veteran hedge fund executive as new CFO

Galaxy Digital Holdings, a financial services and investment firm, has hired former Point72 executive Tony Paquette as its new chief financial officer.

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