Two Sigma’s PhD Fellowship supports doctoral students pursuing quantitative STEM research, funding their continued academic work and connecting them with research mentors to help develop future STEM leaders.
Funder: Two Sigma
Due Dates (Anticipated): November 2026 (Reference letters) | September 2027 (Applications)
Funding Amounts: Up to $75,000 per academic year for two years, plus $10,000 for recipients; $10,000 for runners-up
Summary: Supports PhD research in quantitative STEM fields and helps develop future researchers.
Key Information: Applicants must be full-time PhD students at accredited U.S. universities, with at least two years remaining when the fellowship begins.
Two Sigma’s PhD Fellowship supports doctoral students whose research pushes the frontiers of science, technology, engineering, and mathematics. Relevant fields include applied mathematics, artificial intelligence and computer science, finance and econometrics, physics, and statistics. The fellowship invests in researchers working on quantitative questions and aims to help develop future STEM leaders.
Recipients receive support for continued academic work, and both recipients and runners-up are assigned a Two Sigma Research Mentor. Senior researchers across Two Sigma review candidates’ research proposals, experience, letters of recommendation, and academic performance, considering the significance of the work and the candidate’s contribution to it.