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How much do phd economics internship jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for phd economics internship in the United States is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $20.91 per hour, depending on experience, location, and employer.

What is a PhD Economics internship?

A PhD Economics Internship is a temporary position designed for doctoral students in economics to gain practical experience in research, data analysis, and policy evaluation. Interns typically work with economists and analysts in academic, government, or private sector organizations. Responsibilities may include conducting economic research, building statistical models, and analyzing economic trends. This opportunity helps PhD candidates apply theoretical knowledge to real-world problems while expanding their professional network.

What types of projects or responsibilities can I expect during a PhD Economics internship?

PhD Economics Interns are typically involved in high-level research projects that may include data collection, statistical analysis, drafting policy briefs, or developing economic models. You may work closely with economists, data scientists, and research associates on tasks such as preparing literature reviews, analyzing large datasets, and contributing to academic papers or internal reports. The internship often involves presenting your findings in meetings or seminars, receiving feedback, and iteratively improving your work. This hands-on experience provides valuable exposure to applied economics research and helps you build practical skills that are sought after in both academia and industry.

What are the key skills and qualifications needed to thrive in the PhD Economics internship position, and why are they important?

To thrive as a PhD Economics Intern, you should possess advanced quantitative and analytical skills, a solid foundation in economic theory, and be enrolled in or recently graduated from a PhD program in economics or a related field. Experience with statistical software such as Stata, R, Python, or MATLAB is highly valued, along with familiarity with econometric techniques. Strong written and verbal communication, critical thinking, and the ability to work both independently and collaboratively are key soft skills in this position. These qualifications enable interns to effectively contribute to research projects, analyze complex data sets, and present findings to both technical and non-technical audiences.

Is a PhD in economics in demand?

A PhD in economics is highly in demand for research, policy analysis, and academic roles, especially in government agencies, think tanks, and universities. Advanced analytical skills, econometrics, and data analysis tools are often required for these positions, which tend to offer competitive salaries and opportunities for specialization.

Is a PhD in economics still worth it?

A PhD in economics can be valuable for careers in academia, research, or policy analysis, often leading to higher-level positions and specialized skills. However, it requires significant time and investment, and job prospects depend on the demand for advanced economic expertise and research experience.

What jobs can I get with a PhD in economics?

A PhD in economics qualifies individuals for roles such as economic researcher, policy analyst, data scientist, financial analyst, or university professor. These positions often require strong analytical skills, proficiency with statistical software, and the ability to interpret complex data and economic models.
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Phd Economics Internship jobs near you
Infographic showing various Phd Economics Internship job openings in the United States as of August 2026, with employment types broken down into 12% Internship, 58% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $40,174 per year, or $19.3 per hour.

Quantitative Research Internship - PhD: Summer 2027

Susquehanna

Bronx, NY • On-site

$8.6K/wk

Other

Posted 6 days ago

Job description

Overview

As a Quantitative Research Intern at Susquehanna, you will work on projects that model the work of our full-time employees. You will also go through a comprehensive education program and interact with mentors who are at the top of their field, allowing you to build foundational knowledge in quantitative finance. You will have the opportunity to build alphas on an actual trading strategy.

What you can expect

  • Modelling: Apply probability theory, statistical analysis, and machine learning techniques to predict market behavior and generate alphas
  • Execution: Create strategies to execute on modelling ideas under simulated competition
  • Evaluation: Backtest ideas using historical market data and revise strategies
  • Breadth: Explore all aspects of quant work and different areas of Susquehanna's business
  • Education: Participate in a comprehensive education program and receive personalized mentorship from experienced professionals to accelerate your growth
  • Collaboration: Work in an open environment that allows you to collaborate with multiple teams and get exposure to different groups and parts of the business

Susquehanna combines all of the above to provide the best quant internship program in the industry. Join us to see why so many previous quant interns decide to return for a full-time career.

What we're looking for

  • PhDs (in penultimate or final year) in quantitative fields such as mathematics, physics, statistics, electrical engineering, computer science, operations research, or economics
  • Analytical problem-solvers with excellent logical reasoning and a passion for turning data into decisions
  • Clear communicators in a fast-paced and highly collaborative environment
  • Programmers comfortable processing and analyzing large data sets in Python; experience with C++ (or another low-level language) is a plus
  • Strategic thinkers with demonstrated interests in strategic games and/or competitive activities
  • Self-motivated and quick to learn, thriving in dynamic, fast-moving environment

By applying to this role, you will be automatically considered for the Quantitative Systematic Trading Internship program. There is no need to apply to both positions to be considered for both.

Opportunities as a quantitative research intern will be available in our Philadelphia and New York offices.

PhD quantitative research interns will receive a $8600 weekly base salary during the ten-week program. In addition, interns will receive a signing bonus, housing, breakfast and lunch, and other perks.

About Susquehanna

Susquehanna is a global quantitative trading firm powered by scientific rigor, curiosity, and innovation. Our culture is intellectually driven and highly collaborative, bringing together researchers, engineers, and traders to design and deploy impactful strategies in our systematic trading environment. To meet the unique challenges of global markets, Susquehanna applies machine learning and advanced quantitative research to vast datasets in order to uncover actionable insights and build effective strategies. By uniting deep market expertise with cutting-edge technology, we excel in solving complex problems and pushing boundaries together.

If you're a recruiting agency and want to partner with us, please reach out to recruiting@sig.com. Any resume or referral submitted in the absence of a signed agreement will not be eligible for an agency fee.

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