What does a Quantitative Researcher Intern do?

Quantitative researchers perform mathematically based technical configurations and designs that help financial services firms and investment banks make decisions while mitigating potential risk. They study, plan, develop, and deploy models and systems involving intricate and sophisticated statistical formulas. These models serve as simulation tools that allow the firms and advisors to anticipate the risk of various scenarios and decisions, making these tools a valuable asset in a risk mitigation and management strategy. These researchers also perform testing and validation tasks.

Quantitative researchers typically have at least a bachelor’s degree in computer science, statistics, or another technical field, although an advanced degree is an advantage. They have extensive experience working with complex, sophisticated statistical formulas and mathematical systems. These roles require highly developed analytical skills.

What responsibilities are common for Quantitative Researcher Intern jobs?
  • Manage code for manipulating and processing data in accessible and well documented manners.
  • Contribute to efficiency of operations across lab and projects through sharing of skills, data, and codes with other relevant research associates.
  • Contribute to development of project and research team websites.
  • Assist with general lab management, coordinating logistics, and other tasks as needed.
What are the typical qualifications for Quantitative Researcher Intern jobs?
  • Bachelor's or Graduate's Degree in business, computer science, engineering, or mathematics.
  • Experience with algorithm design, statistics, and datasets.
  • A collaborator and problem solver.
Education--
Work/Life Balance
4.1 ★
Total Pay--
Career Opportunity
4.1 ★
Avg. Experience8+ years

How much does a Quantitative Researcher Intern make?

Confident
$122,618 /yr
Total Pay
$100,334
 /yr

Base Pay

+
$22,284
 /yr

Additional Pay

$122,618

 / yr
$68K$296K
Most Likely Range
Possible Range
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Quantitative Researcher Intern Career Path

Learn how to become a Quantitative Researcher Intern, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Average Years of Experience

0 - 1
0%
2 - 4
0%
5 - 7
0%
8+
100%
Not including years spent in education and/or training
See Career Path

Quantitative Researcher Intern Insights

Read what Quantitative Researcher Intern professionals have to say about their job experiences and view top companies for this career.
Astignes Capital
Quantitative Research Analyst
Feb 15, 2022

“It is a great platform to learn new knowledge and apply what you learned from university.”

Radix Trading
Quantitative Researcher
Apr 6, 2021

“1. Highly competitive industry can be stressful — ideas that used to work may not be good enough any more”

AKUNA CAPITALAKUNA CAPITAL
Quantitative Researcher
Aug 29, 2021

“Stay away if you want to gain any meaningful experience and pursue a quant career.”

CitiCiti
Quant Researcher
Apr 21, 2022

“great work environment really enjoyed”

J.P. MorganJ.P. Morgan
Vice President - Quantitative Research
Apr 2, 2020

“Good work and life balance”

BNP ParibasBNP Paribas
Quantitative Researcher
Jan 13, 2021

“Compensation is on the lower end when comparing with other banks of the same size.”

Versor InvestmentsVersor Investments
Quantitative Researcher
Feb 1, 2022

“Good place to learn and grow.”

Lingjun InvestmentLingjun Investment
Quantitative Researcher
Sep 26, 2021

“Good work and life balance.”

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Quantitative Researcher Intern Interviews

Frequently asked questions about the roles and responsibilities of a Quantitative Researcher Intern

The most similar professions to Quantitative Researcher Intern are:
  • Quantitative Analyst
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  • Quantitative Developer
  • Trader

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Quantitative Researcher Intern Jobs