Equity Analyst Internship (Nov 2025)

Overview

Susquehanna is looking for penultimate year students who are passionate about the financial markets and event driven research to join our 2025 Equity Analyst Internship Program.  

Susquehanna is a global quantitative trading firm founded by a group of friends who shared a passion for game theory and probabilistic thinking. When breaking news changes the game, what trade do you recommend in the next 10 seconds? We rely on our Equity Research analysts to be on the front lines of market information to translate it into trading ideas.

Working from our Sydney office, you will partner with our senior equity analysts and traders to assist in identifying trading opportunities in the options and equity markets. You will learn to perform in-depth company analysis around future catalyst events and provide real-time opinions on breaking news throughout the trading day. You will also gain experience in the financial markets by tracking company news and events, assisting with valuation work, and completing other event-driven projects. The internship program serves as our primary source for hiring full-time Equity Analysts.

What we offer

• Classroom Education: Susquehanna’s in-house education programme is widely recognised as being the best in the industry. You will attend regular seminars to learn about options and the decision-making strategies that our traders employ. You will also be assigned a mentor from the Equity Research team to guide you along the way.
• Decision Making: using game theory, decision science, poker, and other strategy games. It’s true what you’ve heard!
• Real Impact: You will work collaboratively with research analysts and traders on your desk to develop trade ideas on your allocated basket of stocks and provide real-time opinions on breaking news throughout the trading day.
• Culture: Our culture allows employees of every level to thrive. We are not your typical trading firm – the environment is casual, collaborative and we focus on continuous development, no matter how long you’ve been in Susquehanna.
• Perks: Based in Sydney, on the top two floors of Tower 1 in Barangaroo, our space provides beautiful harbor views of the Opera House and Harbour Bridge. To name a few of our favourite perks, our employees make the most of our free onsite catering, game room, and social events (company-wide parties, poker tournaments, and Friday night socials). 

Learn more about the day in the life of an Equity Analyst!

What we're looking for

• Market Enthusiasts: Keeping up to date on current events and breaking news that affect the markets is something you naturally enjoy. From company/sector specific news to macro stories, you are up to date on recent headlines.
• Effective Communicators: You enjoy building relationships with those you work closely with. You enjoy sharing ideas and expressing your thoughts based on your own research whilst combining the expert’s opinion to come to the best trading decisions – excellent verbal and written communication skills are a must for this role! 
• Analytical + Logical: When it comes to decision making, you use clear and sound reasoning. You’re rational and like to use analytical data and financial research skills to come up with sensible solutions.
  Problem Solvers: You enjoy solving puzzles and love it when you discover a solution to a difficult problem, with a demonstrated interest in strategic games and/or competitive activities.
• Curious: You’re excited by a career in the financial markets and the reasons why markets move in the way they do.
• Penultimate Year Student: Confirmed plan to graduate by December 2026 with a degree in any discipline (most typically Finance and Economics), Distinction average WAM, from an Australian or New Zealand University.
• Visa sponsorship for work authorisation is not available for this position now or in the future.

To learn more about the program and the role, see here.

Our Interview Process

1. Application
2. Online Assessment (Finance knowledge and quantitative skills)
3. Phone Interview (Recruiter)
4. Case Study (Simulated project based on daily duties)
5. Virtual Interview (Case study review and quantitative assessment)
6. Office Interview (Analyst interview, trade floor visit, and office tour)
7. Job Offer

Equal Opportunity Statement

We encourage applications from candidates from all backgrounds, and we welcome requests for reasonable adjustments during the recruitment process to ensure that you can best demonstrate your abilities. If you have any questions, please contact sydneycampus@sig.com.

Susquehanna does not accept unsolicited resumes from recruiters or search firms. Any resume or referral submitted in the absence of a signed agreement will become the property of Susquehanna and no fee will be paid.