# Wall Street Interns Earn $34,400 Monthly at This Firm

SIG offers record-breaking salaries for quantitative trading interns.

- **Source:** [Entrepreneur – Latest](https://brifing.si/source/1bee40f8-abda-4cd6-b055-05148ce79f53)
- **Published:** 2026-07-13
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://www.entrepreneur.com/business-news/gen-z-workers-can-make-34400-a-month-interning-at-this-wall-street-firm-and-housing-is-free>
- **On Brifing:** https://brifing.si/s/07835bff-66b5-4395-86f4-d24fde06c61c

## Record Intern Salaries

Susquehanna International Group (SIG) offers 2027 summer interns $8,600 weekly ($34,400 monthly) for quantitative trader/researcher roles. The 10-week program totals $86,000 with free housing and meals included.

## Target Profile

The firm seeks PhD candidates graduating by summer 2026 or postdocs specializing in quantitative fields like mathematics or computer science. Undergraduates can earn up to $7,600 weekly depending on roles.

## Wall Street Competition

Acceptance rates for these internships are below 1%. Firms like Goldman Sachs maintain this selectivity, with 40% of current partners originating from campus recruitment pipelines.

## Industry Benchmarks

Jane Street pays summer interns $300,000 annually (~$5,700 weekly). Citadel offers $4,300-$5,800 weekly base salaries. These dwarf the U.S. median weekly wage of $1,235.

## Diverse Talent Search

Goldman now recruits high-caliber athletes, musicians, and nonprofit founders alongside quant-focused candidates. This diversity aims to enhance innovative thinking within the firm.

## Talent War Strategies

Amid a tough job market, Wall Street firms use astronomical salaries to attract top young talent. This investment is seen as a long-term leadership pipeline strategy.

## Sources covering this story

- https://www.entrepreneur.com/business-news/gen-z-workers-can-make-34400-a-month-interning-at-this-wall-street-firm-and-housing-is-free — 

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_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
