The interns hail from graduate and undergraduate STEM programs at elite colleges and universities such as MIT, UC Berkeley, Harvard, Stanford, Princeton, and the University of Texas at Austin.
Citadel founder Ken Griffin, the hedge fund billionaire, addresses interns at the start of the 11-week summer program in South Florida.Citadel, one of the world’s most profitable hedge funds, offers an intensely competitive internship program.Interns are paid up to $5,000 a week and are housed for free in one of 10 global finance centers, including New York, Chicago, and Singapore.
“The solutions that they design are tested by our teams with the same kind of rigor as the way we test our own employees, and very frequently those projects go into production.”