About the opportunity
The Jane Street Graduate Research Fellowship (GRF) is designed to support exceptional doctoral students currently pursuing a PhD or who have committed to commencing a PhD program in electrical engineering and computer science, mathematics, physics, or statistics. Jane Street takes a quantitative approach to global markets and values technical excellence, intellectual curiosity, and humility. The fellowship supports research across all areas of these academic fields, not only those directly related to trading or finance. Fellows receive full tuition and fee coverage for the upcoming academic year, a $50,000 USD stipend for living expenses, and an invitation to visit the Jane Street office with all expenses paid to give a talk. Finalists also receive a $5,000 monetary award.
Funding and benefits
- Full tuition and fees covered for the upcoming academic year
- $50,000 USD stipend (or local currency equivalent) for living expenses
- Invitation to visit the Jane Street office to give a talk on a topic of choice, with all expenses paid
- $5,000 monetary award for finalists
Who can apply?
- PhD students who have at least one year remaining in a program in electrical engineering and computer science, mathematics, physics, or statistics, or who have committed to commence a PhD program at a specified university in the Fall of 2027
- Must remain in good academic standing as an active, full-time member of a PhD program at a degree-granting accredited research institution in the United States, Canada, United Kingdom, Europe, Australia, New Zealand, or Singapore for the duration of the award year
- International students are eligible and encouraged to apply
- Past Finalists or Honorable Mentions are eligible to reapply
Required documents
- CV or resume
- A brief statement (1-2 pages recommended) explaining research or proposed research direction, geared toward a general mathematically or technically inclined audience
- Contact information for letter writers to allow Jane Street to reach out directly for recommendation letters
When to apply
- Student applications are due by November 13, 2026 AoE
- Recommendation letters are due by December 1, 2026 AoE
- Award notifications take place in February 2027
How to apply
- Submit the online application form with your CV and research statement by November 13, 2026
- Provide contact details for your letter writers so Jane Street can collect recommendations directly, or have them proactively submitted via email
Additional information
- Stipends are taxable and may be subject to tax withholdings
- Existing funding from other fellowships will not exclude applicants, and Jane Street works with universities to coordinate funding structures
- Questions and faculty nominations can be directed to graduate-research-fellowship@janestreet.com
Our Take on This Opportunity
This section reflects Open Opportunities’ own analysis of the opportunity from an applicant’s perspective.
You may be a strong fit if…
- Advanced PhD students or incoming doctoral candidates in electrical engineering, computer science, mathematics, physics, statistics, or adjacent quantitative fields.
- Researchers whose work covers broad theoretical or applied domains within these disciplines, even if unrelated to quantitative finance or trading.
- Candidates seeking substantial financial backing, including full tuition coverage and a competitive $50,000 living stipend.
What should you think carefully about?
- Applicants must be enrolled at or committed to an accredited research institution located in specific regions: the United States, Canada, the United Kingdom, Europe, Australia, New Zealand, or Singapore.
- University-specific funding caps and institutional policies may affect how the fellowship stipend stacks with existing funding packages.
- Strict submission deadlines apply on November 13, 2026, for applications and December 1, 2026, for recommendation letters.
How could this fit your current goals and plans?
This fellowship provides significant financial relief and prestigious recognition for top-tier quantitative doctoral researchers. It allows you to focus fully on your dissertation and research goals without the financial stress of tuition burdens or living expenses, while also offering direct industry engagement through an optional sponsored office visit.
Our take
This is an exceptional opportunity for high-achieving PhD candidates in core quantitative sciences who want financial independence during their doctoral studies. Eligible students worldwide should strongly consider applying, provided they are enrolled in or committed to institutions in the supported regions.
Ready to apply?
Review the opportunity on the official website before applying.
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