Deadline: November 21, 2025

Applications are open for the Jane Street Graduate Research Fellowship (GRF) 2026. The Jane Street Graduate Research Fellowship (GRF) supports exceptional doctoral students currently pursuing a PhD in electrical engineering and computer science, mathematics, physics, or statistics.

At Jane Street, they take a rigorous, quantitative approach to trading on global markets, combining techniques from machine learning, distributed systems, programmable hardware, statistics, and applied mathematics. The culture is steeped in games, puzzles, and challenging problems. With the Graduate Research Fellowship, they are excited to support PhD students who share their values: technical excellence, intellectual curiosity, and humility.


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Fellowship

  • Fellows will have their full tuition and fees covered for the upcoming academic year.
  • Fellows will also receive a $45,000 USD stipend (or the equivalent in your local currency) to help with living expenses while completing their PhD.
  • Fellows will be invited (but not required) to visit Jane Street’s office to give a talk on any topic of their choosing to Jane Street employees and other Fellowship recipients; all expenses will be paid.

Eligibility

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  • Open to PhD students who have at least one year remaining in a program in electrical engineering and computer science, mathematics, physics, or statistics or have committed to commence a PhD program at a specified university in the Fall of 2026 are eligible to apply.
  • Students must remain in good academic standing as an active, full-time member of their PhD program at a degree-granting accredited research institution in the United States, Canada, United Kingdom, Europe, Australia, or New Zealand for the duration of the academic year of the award, or the award will be forfeited. Deferrals for medical reasons and other extenuating circumstances may be granted on a case-by-case basis.
  • International students are eligible and encouraged to apply.
  • Current employees (and their immediate family members) as well as former employees are not eligible to become fellows or finalists, though they may be considered for honorable mentions.
  • Generally, PhD fellowships require university-specific payment negotiations; if accepted, they will work with your program to arrange the award of your fellowship.

Application

Complete applications should include:

  • A CV or resume.
  • A brief statement explaining your research (or proposed research direction). This should be geared toward a general, mathematically or technically inclined audience who may not be specialists in your field. If you already have a statement of this form, feel free to use it for this application. If not, they suggest writing something 1-2 pages in length (though longer is fine if you feel it is necessary).
  • Contact information for your letter writer(s). Note that once they receive an application, they will reach out to your letter writers directly to collect their recommendations.

Click here to apply


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For more information, visit Jane Street Graduate Research Fellowship.

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