IMC PhD Fellowship

IMC is offering academic funding to exceptional doctoral candidates studying STEM subjects, such as computer science, applied math, artificial intelligence, machine learning, statistics, and engineering.
If you have fewer than two years remaining in your PhD program and have not accepted a fellowship or comparable award from another trading or tech company, the IMC Fellowship could be the next step in your research journey.
Please submit your application and all documents by February 6, 2026.
Learn more about the award here.
IMC PhD Fellowship Award Details:

• The IMC Fellow will receive USD 50,000 towards education-related expenses (e.g., tuition, fees, and research). This award will be paid directly to the IMC Fellow's university for distribution.
• The IMC Fellow will also receive an option to participate in a 2027 summer internship at IMC, subject to the successful completion and satisfaction of standard recruitment and onboarding requirements.
• In addition, the IMC Fellow is assigned a dedicated IMC mentor to help them launch a career in quant research for trading.
• IMC will also provide the Fellow with a travel stipend to attend a research conference, such as NeurIPS or ICML. IMC will also provide a travel stipend for the Fellow to attend a research conference, such as NeurIPS or ICML. The stipend will cover flights and a hotel for the Fellow, as well as food and taxi expenses (in accordance with IMC's internal travel policies) and fees for conference activities or IMC-sponsored conference events.

All IMC PhD Fellowship Finalists will receive USD 5,000 in academic support, administered through each Finalists' university, and the opportunity to participate in IMC Research Connect event in April 2026. The first Finalist will also receive an option to participate in a 2027 summer internship at IMC, subject to the successful completion and satisfaction of standard recruitment and onboarding requirements.
Eligibility criteria:

• PhD students in STEM with emphasis on fields such as CS, Applied Math, Statistics or Engineering who are currently enrolled at an accredited University in the United States
• Two or fewer years of PhD study remaining
• Ability to participate in an IMC internship in 2027
• You have not accepted any other Fellowships or comparable awards from another trading or tech company

The determination of the IMC Fellow and each Finalist will be at IMC's sole and absolute discretion. PhD Fellowships typically require coordination with your university for payment. If you're selected, we'll partner with you and your program to arrange the award. All awards will be subject to agreement between IMC and the recipient's university, and between IMC and the recipient, regarding the terms of the IMC Fellowship or Finalist award (as applicable). In addition, all award payments and recipients will be reviewed for compliance with relevant US and international laws, regulations, and policies. IMC reserves the right to withhold or cease funding due to a violation of applicable laws, regulations, IMC's policies, or the policies and guidelines of the recipient's university. Recipients must remain enrolled full-time in their PhD program for the duration of the IMC Fellowship or you will forfeit the award.
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About Us
IMC is a global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we've been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.