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How much do entry level biotech equity research jobs pay per year?

As of Jun 9, 2026, the average yearly pay for entry level biotech equity research in the United States is $98,799.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,000.00 and $112,000.00 per year, depending on experience, location, and employer.

What are some typical challenges faced by entry-level analysts in biotech equity research, and how can they overcome them?

Entry-level analysts in biotech equity research often face challenges such as quickly understanding complex scientific data, keeping up with fast-moving industry developments, and learning to evaluate clinical trial results for investment decisions. To overcome these challenges, it's essential to proactively seek mentorship from senior analysts, regularly read industry reports and scientific publications, and participate in team meetings to gain insights into research best practices. Building a strong foundation in both finance and biotechnology concepts will also help you contribute effectively to your team and advance in your career.

What are the key skills and qualifications needed to thrive as an Entry Level Biotech Equity Research Analyst, and why are they important?

To thrive as an Entry Level Biotech Equity Research Analyst, you generally need a strong background in life sciences or finance, analytical skills, and preferably a relevant degree such as biology, biochemistry, or finance. Familiarity with financial modeling, Excel, Bloomberg Terminal, and possibly CFA Level 1 certification are often expected. Exceptional attention to detail, communication skills, and intellectual curiosity help you stand out in this analytical and collaborative field. These skills are crucial for accurately evaluating biotech companies, communicating insights, and supporting sound investment recommendations.

What is an entry level biotech equity research analyst?

An entry level biotech equity research analyst is a professional who evaluates biotechnology companies and their financial prospects to help investors make informed decisions. They analyze scientific developments, clinical trial results, and market trends to assess the potential success of biotech firms. Analysts typically create financial models, write research reports, and provide investment recommendations under the guidance of senior analysts. This role is a starting point for a career in finance or biotech investing and often requires a background in science, finance, or a related field.
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Entry Level Biotech Equity Research jobs near you
Infographic showing various Entry Level Biotech Equity Research job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $98,799 per year, or $47.5 per hour.
Research Associate - Biotechnology

Research Associate - Biotechnology

Oppenheimer

New York, NY

$100K - $150K/yr

Other

Posted 6 days ago

Job description

Who We Are:

Oppenheimer & Co. Inc. (Oppenheimer) is a leading middle-market investment bank and full-service broker-dealer. With roots tracing back to 1881, the Company is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (both corporate and public finance), equity & fixed income research, market making, trust services and investment advisory and asset management services.

Job Description:

Oppenheimer & Co. Inc., a leading mid-tier investment bank, is currently seeking a Research Associate to join our Biotechnology equity research team. The position is located in New York City.

As a Research Associate, you will work directly with the Senior Research Analyst on many aspects of the research process including: building and maintaining financial models and market trackers, performing fundamental analysis and due diligence on biotechnology companies, writing investment-driven research reports, developing and fielding industry surveys, attending medical and scientific conferences, and undertaking a wide array of industry analyses and competitive assessments. The associate will have broad exposure to company management, scientific and investor conferences, and will interface with key opinion leaders, institutional investor clients, internal sales force and trading personnel.

A strong candidate is independently motivated, analytically-minded, and intellectually curious; possesses one to two years of experience in equity research or a related field with financial modeling and exposure to the equity markets; and have a demonstrable interest in drug development, and a passion for life sciences investing.

Attention to detail, a strong work ethic, the ability to multi-task, and excellent written communication skills are required. We are looking for candidates with an undergraduate degree in biology or similar field. An advanced degree (MS/PhD/MD/MBA, etc.) is preferred.

We look for people who possess the following characteristics:

  • Strong writing and analytical skills. Associates are responsible for writing and producing equity research reports, company initiations, and marketing presentationsoften under very tight time constraints;
  • Strong financial modeling, accounting, valuation, and quantitative skills. Associates are responsible for building and maintaining integrated models and for organizing and maintaining industry dataattention to detail is critical;
  • A passion for the biotechnology sector, stock market and equity research. It is highly advantageous to have prior exposure to the financial markets and equity research, as well as the day-to-day responsibilities of an equity research associate;
  • A thorough understanding of the investment process and the ability to perform deep primary research.
  • Strong communication skills. As time progresses, associates will interact with internal sales and trading and external clients; responsiveness and professionalism is important;
  • Strong work ethic. An ability to perform duties under minimal supervision and become fully-licensed (FINRA Registrations: SIE, Series 7/63/86/87) within 6-12 months after starting if not already licensed;
  • Proficiency in Microsoft Office required; FactSet, Symphony, Bloomberg would be a bonus.

Compensation:

For job postings in New York City, Oppenheimer is required by law to include a reasonable estimate of the salary range for this role. This salary range is specific to the City of New York and takes into account the wide range of factors that are considered in making salary decisions including but not limited to your skills, qualifications, experience, licensure and certifications, and other business and organizational needs. A reasonable estimate of the current base salary range is $100,000.00 - $150,000.00 at the time of this posting. Also, certain positions are eligible for additional forms of compensation such as discretionary bonus.

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