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Entry Level Algorithmic Trading Jobs in Boston, MA

Entry Level Algorithmic Trading information

See Boston, MA salary details

$16

$24

$31

How much do entry level algorithmic trading jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for entry level algorithmic trading in Boston, MA is $24.42, according to ZipRecruiter salary data. Most workers in this role earn between $21.15 and $26.88 per hour, depending on experience, location, and employer.

How much does a first year trader make?

A first-year entry-level algorithmic trader typically earns between $70,000 and $120,000 annually, including base salary and bonuses, depending on the firm, location, and performance. Compensation often increases with experience, technical skills, and successful trading strategies.

What are the key skills and qualifications needed to thrive as an Entry Level Algorithmic Trader, and why are they important?

To thrive as an Entry Level Algorithmic Trader, you need a solid understanding of quantitative analysis, statistics, and programming, often backed by a degree in finance, math, computer science, or a related field. Familiarity with programming languages like Python or C++, trading platforms, and market data systems is typically required. Strong problem-solving abilities, attention to detail, and the capacity to work under pressure are standout soft skills. These skills and qualities are crucial for developing, testing, and executing trading strategies efficiently and accurately in fast-paced financial markets.

What is an entry level algorithmic trading job?

An entry level algorithmic trading job typically involves helping to design, implement, and test automated trading strategies that buy and sell financial instruments in markets based on pre-defined algorithms. Professionals in this role usually work with programming languages such as Python or C++, analyze market data, and collaborate with quantitative analysts or senior traders. Entry-level positions often focus on supporting the development process, monitoring trading systems, and troubleshooting issues. These roles provide an excellent starting point for those interested in finance and technology, offering exposure to both financial markets and advanced programming.

Can beginners learn algorithmic trading?

Entry level algorithmic trading roles typically require a strong foundation in programming, mathematics, and finance. Beginners can learn algorithmic trading through online courses, tutorials, and practice with trading platforms that support algorithm development, but gaining proficiency takes time and consistent effort. Familiarity with programming languages like Python and understanding trading strategies are essential for entry into this field.

How to get an entry level trading job?

To secure an entry level algorithmic trading position, candidates should have a strong foundation in programming languages such as Python or C++, knowledge of financial markets, and quantitative skills. Internships, relevant coursework, and certifications like the CFA or CQF can improve prospects, along with demonstrating proficiency in data analysis and trading platforms.

What are some common challenges faced by entry-level algorithmic traders, and how can they be overcome?

Entry-level algorithmic traders often encounter challenges such as understanding complex market data, adapting to fast-paced environments, and debugging trading algorithms under time constraints. Collaborating closely with more experienced traders and developers, regularly reviewing code, and participating in knowledge-sharing sessions can help overcome these hurdles. Continuous learning and hands-on practice are crucial to building the confidence and technical proficiency needed to succeed in this dynamic field.

How to get a job in algorithmic trading?

To get a job in entry-level algorithmic trading, candidates should have a strong foundation in programming languages such as Python or C++, knowledge of financial markets, and understanding of trading algorithms. Gaining experience through internships, completing relevant coursework or certifications, and developing a portfolio of coding projects can improve prospects. Familiarity with trading platforms and quantitative analysis tools is also beneficial.
What are popular job titles related to Entry Level Algorithmic Trading jobs in Boston, MA? For Entry Level Algorithmic Trading jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Entry Level Algorithmic Trading jobs in Boston, MA look for? The top searched job categories for Entry Level Algorithmic Trading jobs in Boston, MA are:
Infographic showing various Entry Level Algorithmic Trading job openings in Boston, MA as of June 2026, with employment types broken down into 93% Full Time, 4% Part Time, and 3% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $50,792 per year, or $24.4 per hour.
Engineer or Physicist in Positioning, Navigation, and Timing (Su with Security Clearance

Engineer or Physicist in Positioning, Navigation, and Timing (Su with Security Clearance

MITRE Corporation

Bedford, MA • Hybrid

$89K - $111K/yr

Other

Posted 6 days ago


Job description

Why choose between doing meaningful work and having a fulfilling life? At MITRE, you can have both. That's because MITRE people are committed to tackling our nation's toughest challenges-and we're committed to the long-term well-being of our employees. MITRE is different from most technology companies. We are a not-for-profit corporation chartered to work for the public interest, with no commercial conflicts to influence what we do. The R&D centers we operate for the government create lasting impact in fields as diverse as cybersecurity, healthcare, aviation, defense, and enterprise transformation. We're making a difference every day-working for a safer, healthier, and more secure nation and world. Our workplace reflects our values. We offer competitive benefits, exceptional professional development opportunities for career growth, and a culture of innovation that embraces adaptability, collaboration, technical excellence, and people in partnership. If this sounds like the choice you want to make, then choose MITRE - and make a difference with us. Department Summary: MITRE is at the leading edge in solving problems in Positioning, Navigation, and Timing (PNT). PNT systems, such as GPS, atomic clocks, and inertial guidance, provide vital services to humanity in a wide array of fields, including emergency services, power grids, trade, and more. This entry-level position for an engineer or physicist with a desire to learn at a world respected PNT leader can be the first step on your PNT journey. Come join us at MITRE, a not-for-profit company dedicated to solving problems for a safer world. Typical projects include: * Performing detailed modeling and simulation of navigation system performance
* Prototyping waveforms or algorithms in software defined radios
* Testing and evaluating leading edge hardware in PNT, both in the lab and in the field Roles & Responsibilities: * Modeling, simulation, and analysis of PNT technologies
* Testing of PNT technologies and data analysis of experimental results
* Play a key technical role on one or more projects within MITRE's existing PNT work program Basic Qualifications: * Typically requires less than 1 year of related experience with a related Bachelor's degree, or equivalent combination of related education and work experience
* Currently pursuing (or recently received) a degree in Electrical Engineering, Computer Engineering, Computer Science, Systems Engineering, Aerospace Engineering, Mathematics, Physics or similar fields
* Experience with MATLAB, Python, C++, or other modeling and data analysis software tools
* Ability to obtain and maintain a US Secret security clearance
* Per the U.S. Government's eligibility requirements, you must be a U.S Citizen to be considered for a security clearance * Strong technical background with experience in technologies related to PNT such as:
* detection and estimation theory
* waveform design, modulation theory, error control coding, information theory
* stochastic processes, propagation, channel estimation and equalization
* receiver design, interference cancellation, algorithm development
* guidance, navigation, and control (GNC)
* This position requires a minimum of 50% hybrid on-site Preferred Qualifications: * Advanced degree (MS, PhD) in Electrical Engineering, Computer Engineering, Computer Science, Systems Engineering, Aerospace Engineering, Mathematics, Physics or similar fields.
* Experience with data analysis, and field or lab testing equipment
* Experience using software development tools like Docker and Git
* Experience with laboratory testing and experimentation and working with and programming software defined radios (SDRs) using C/C++ or GNURadio
* Experience developing technical reports, presentations, and/or code
* Ability to obtain a Top Secret or higher clearance This requisition requires the candidate to have a minimum of the following clearance(s):
Secret This requisition requires the hired candidate to have or obtain, within one year from the date of hire, the following clearance(s):
None Salary compensation range and midpoint:
$89,200 - $111,500 - $133,800 Annual Work Location Type:
Hybrid It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Commitment to Non-Discrimination All qualified applicants will receive consideration for employment without regard to disability, status as a protected veteran or any other status protected by applicable federal, state, local or international law. MITRE intends to maintain a website that is fully accessible to all individuals. If you are unable to search or apply for jobs and would like to request a reasonable accommodation for any part of MITRE's employment process, please email for general support and for intern positions. This service is for individuals requiring reasonable accommodation requests. Please note that vendor solicitations will not receive a reply. Benefits information may be found here . Copyright © 1997-2026, The MITRE Corporation. All rights reserved. MITRE is a registered trademark of The MITRE Corporation. Material on this site may be copied and distributed with permission only.

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About MITRE

Sourced by ZipRecruiter

Why choose between doing meaningful work and having a fulfilling life? At MITRE, you can have both. That's because MITRE people are committed to tackling our nation's toughest challenges-and we're committed to the long-term well-being of our employees. MITRE is different from most technology companies. We are a not-for-profit corporation chartered to work for the public interest, with no commercial conflicts to influence what we do. The R&D centers we operate for the government create lasting impact in fields as diverse as cybersecurity, healthcare, aviation, defense, and enterprise transformation. We're making a difference every day-working for a safer, healthier, and more secure nation and world. Our workplace reflects our values. We offer competitive benefits, exceptional professional development opportunities, and a culture of innovation that embraces diversity, inclusion, flexibility, collaboration, and career growth. If this sounds like the choice you want to make, then choose MITRE-and make a difference with us. MITRE is a trusted operator of federally funded research and development centers and we're on a mission to make the world a safer place-for all of humanity, today and in the future. To deliver on our mission, we need the world's best talent and leaders-groundbreakers and partnership-builders on a global scale in areas like healthcare, artificial intelligence, critical infrastructure resiliency, pandemic management, and cybersecurity. In return, we have the privilege of backing you with thousands of technical experts in diverse fields, a culture of innovation and knowledge sharing, access to data and resources uniquely available to MITRE through our wide-ranging partnerships across government, industry and academia.

Industry

It services

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1958

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