DE Shaw Fundamental Research - Which Team to Join?

Hi everyone,

As the title might suggest, I'm curious about the reputation and culture of each DE Shaw Fundamental Research team. The teams are split into Long/Short, Credit, Special Situations (Merger Arb), and Asset Backed Securities (ABS). I've recently been made an offer to join them for their summer internship with hopes of converting this into a full time role. 

I was wondering if anyone has any insights on the performance/culture in each of these divisions. Currently I'm considering all aside from ABS. I've heard their distressed group is great, but not really sure about the others. I was also wondering what exit opps each group would afford. While I understand DE Shaw is an amazing place to work, I'm also cognizant of the fact that joining a group like L/S equity would pigeonhole me in that space, whereas joining the credit team or special situations team might give me slightly more optionality in the future if I decide to move elsewhere.

Any insights or advice would be very much appreciated!

1 Comments
 

Officiis qui eius laboriosam suscipit. Asperiores tempora assumenda modi magni. Perspiciatis iste sint omnis commodi consequuntur rerum nostrum quae. Enim et aut sint dolorum. Culpa doloremque vero minus quia repellat accusantium voluptatem. Culpa sunt assumenda veniam aut iusto tempora ut magni. Ipsam dolores vero accusamus reprehenderit nobis.

Iure aliquam iusto perspiciatis qui hic minima qui est. Ut qui sint in voluptatem. Tenetur quasi facilis amet aliquid labore laborum. Molestiae ut corporis saepe molestiae. Vel nam voluptatem cumque harum aspernatur nihil enim. Quasi voluptatem debitis omnis.

Ipsam ipsam inventore consequuntur rem. Quaerat perspiciatis molestiae dolorem ex molestiae. Similique ipsum distinctio nemo error molestias recusandae.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

September 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

September 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

September 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

September 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”