DE Shaw Fundamentals SA Invitation to Apply Email

I'm a student in junior year right now, at a semi-target. Recently got this email from D.E. Shaw which went along the lines of:

"[Recruiter intro]. I’m reaching out to a select group of students like you with impressive academic and extracurricular accomplishments, and I encourage you to apply for our fundamental research analyst internship taking place in New York City from June to August 2023."

Also when I applied, I noticed "Sourcing Project\FRAI Intern 2022-23" in the "How did you hear about us?" section.

I'm really interested in D. E. Shaw because of the work and environment (really matches my own values when it comes to work), and went to some of their recruiter events.

I'm curious if this email has any weight. I'm at a semi-target and honestly my GPA is kind of mediocre partly due to hard STEM classes (I'm double major in Software Eng. and Business, and SWE classes drag my GPA down). I really want to move into the finance/investing space for sure. How much weight does this email have? I know D.E. Shaw often takes mostly HYPSM, so I don't want to keep my hopes up if they are misplaced. Thanks for any info.

2 Comments
 
Most Helpful

Doesn’t weight much if not nothing. They like brand name school, STEM major, good GPA (close to 4.0), big name intern before.

NYC often only takes 2 interns for their fundamental equities

 

Quia occaecati magni ab qui et libero molestiae quam. Qui optio delectus ut. Ut velit modi sunt officiis mollitia ipsa. Quos non et corrupti dolorem fuga.

Praesentium dolorum debitis debitis omnis. Et impedit nostrum doloremque voluptates nisi. Amet aut delectus porro aperiam ducimus.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
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...”