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Graduate Quant Jobs in Springfield, MA (NOW HIRING)

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Graduate Quant information

See Springfield, MA salary details

$97.7K

$169.1K

$258.6K

How much do graduate quant jobs pay per year?

As of Aug 6, 2026, the average yearly pay for graduate quant in Springfield, MA is $169,135.00, according to ZipRecruiter salary data. Most workers in this role earn between $134,000.00 and $198,300.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a graduate quant, and why are they important?

To thrive as a Graduate Quant, you need a strong background in mathematics, statistics, and programming, typically supported by a quantitative degree such as mathematics, physics, engineering, or computer science. Familiarity with programming languages like Python, C++, R, and financial modeling tools is usually expected, and knowledge of data analysis platforms is beneficial. Analytical thinking, attention to detail, and strong problem-solving abilities are standout soft skills for this role. These skills and qualities are crucial for building robust quantitative models and delivering actionable insights in fast-paced financial environments.

What are some typical challenges faced by graduate quants during their first year, and how can they effectively overcome them?

Graduate Quants often encounter challenges such as adapting to high-pressure environments, learning to communicate complex quantitative concepts to non-technical colleagues, and quickly mastering new financial models or programming languages. To overcome these hurdles, it's helpful to proactively seek feedback, collaborate closely with more experienced team members, and dedicate time to continual learning, both on the job and through self-study. Building strong relationships within the team and staying updated on industry trends can also ease the transition and foster professional growth.

What is a graduate quant?

Graduate Quants, or Graduate Quantitative Analysts, are entry-level professionals who use mathematical, statistical, and computational techniques to analyze financial markets and help institutions make informed trading, investment, and risk management decisions. Typically, they have recently completed advanced degrees in fields like mathematics, physics, engineering, or finance. Graduate Quants often work in banks, hedge funds, or trading firms, applying quantitative models to solve complex financial problems. Their roles may include developing algorithms, conducting data analysis, and supporting senior quants with research and model implementation.

What is the difference between Graduate Quant vs Quant Analyst?

AspectGraduate QuantQuant Analyst
Required CredentialsDegree in Math, Finance, or related field; often entry-levelSame as Graduate Quant, but may require some experience
Work EnvironmentResearch-focused, training programs, junior rolesMore client-facing, strategy implementation, senior responsibilities
Employer & Industry UsageHedge funds, investment banks, asset managersFinancial institutions, trading firms, hedge funds
Search & Comparison IntentYes, often compared for entry-level rolesMore experienced, but related roles

The main difference between a Graduate Quant and a Quant Analyst lies in experience and responsibilities. Graduate Quants are typically entry-level, focusing on learning and research, while Quant Analysts have more experience and handle strategy implementation and client interactions. Both roles are common in finance and require strong quantitative skills, but the level of responsibility and experience distinguishes them.

What are popular job titles related to Graduate Quant jobs in Springfield, MA? For Graduate Quant jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Graduate Quant jobs in Springfield, MA look for? The top searched job categories for Graduate Quant jobs in Springfield, MA are:
What cities near Springfield, MA are hiring for Graduate Quant jobs? Cities near Springfield, MA with the most Graduate Quant job openings:

Economist - Direct Hire

US Department of the Treasury

Springfield, MA • On-site

$74K/yr

Other

This job post has expired today. Applications are no longer accepted.


U.S. Department Of The Treasury rating

8.2

Company rating: 8.2 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

309th of 841 rated public administrative organizations


Job description

WHAT IS DATA AND ANALYTICS? A description of the business units can be found at: https://www.jobs.irs.gov/about/who/business-divisions

  • Position(s) are to be filled in the following area(s):
    • DAO - Data and Analytics (DAO) - Research Applied Analytics and Statistics (RAAS)
  • Consider each location carefully when applying. If you are selected for a location, that location will become your official post of duty.
REVIEW THE ADDITIONAL INFORMATION BELOW FOR FURTHER DETAILSQualifications:Federal experience is not required. Experience may have been gained in the public sector, private sector or through Volunteer Service. One year of experience refers to full-time work; part-timework is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week, on your resume.
BASIC REQUIREMENTS - ALL GRADES:To be eligible for this position you must meet the following basic requirement (positive education requirement): You must have a bachelor's or higher degree in economics that included at least 21 semester hours in economics and 3 semester hours in statistics, accounting, or calculus.
OR
A combination of education and experience. The education must include courses equivalent to a major in economics, as shown above, plus appropriate experience or additional education. Examples of qualifying experience include (this list is not all inclusive):
  1. individual economic research assignments requiring planning, information assembly, analysis and evaluation, conclusions and report preparation;
  2. supervisory or project coordination assignments involving a staff of professional economists, and requiring the evaluation and interpretation of economic information; or
  3. teaching assignments in a college or university that included both class instruction in economics subjects and one of the following (1) personal research that produced evidence of results, (2) direction of graduate theses in economics, or (3) service as a consultant or advisor on technical economics problems.
The quality of the combination of education and experience must be sufficient to demonstrate that the applicant possesses the knowledge, skills, and abilities required to perform work in the occupation, and is comparable to that normally acquired through the successful completion of a full 4-year course of study with a major in economics.
AND
You must also meet the following requirements:
GS-11 Qualifications: In addition to the above basic requirement, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-09 grade level in the Federal service. Examples of qualifying specialized experience include:
  • Independently performing several or all of the steps necessary to complete a project for collecting economic data (e.g., employment statistics or marketing data) from primary sources such as records of business firms.
  • Assuming responsibility for various phases of initiation, planning, execution and control of special studies or projects.
  • Resolving complex technical problems or errors that require professional attention.
  • Monitoring effective use of resources to advise supervisors of necessary remedial action or changes.
  • Performing research to locate new sources of data and analysis.

GS-12 Qualifications: In addition to the above basic requirement, you must have one (1) year of specialized experience at a level of difficulty and responsibility equivalent to the GS-11 grade level in the Federal service. Examples of qualifying specialized experience include:
  • Assisting higher-level economists in the performance of a wide variety of economic studies to evaluate policies affecting tax administration and taxpayer compliance and to define feasible alternatives. This involves analyzing long-range effectiveness associated with the issues and resulting recommendations.
  • Preparing written narrative and/or briefing materials explaining the methodology used and supporting recommendations derived from the analyses.
  • Assisting in the development and evaluation of quantitative data to determine the relative effectiveness of various approaches to redesigning work processes and recommending different courses of action.
AND
You must also meet the following requirements:
  • MINIMUM AGE REQUIREMENT: Minimum age for federal employment is 18 years old, or at least 16 years old and have:
    • Graduated from high school or been awarded a certificate equivalent to graduating from high school; or
    • Completed a formal vocational training program; or
    • Received a statement from school authorities agreeing with your preference for employment rather than continuing your education

For more information on qualifications please refer to OPM's Qualifications Standards.
Education:A college or university degree generally must be from an accredited (or pre-accredited) college or university recognized by the U.S. Department of Education. For a list of schools which meet these criteria, please refer to Department of Education Accreditation page.
FOREIGN EDUCATION: Education completed in foreign colleges or universities may be used to meet the requirements. You must show proof the education credentials have been deemed to be at least equivalent to that gained in conventional U.S. education program. It is your responsibility to provide such evidence when applying. Click here (Section 3, Explanation of Terms) or here for Foreign Education Credentialing instructions.
We recommend choosing an evaluator from a member organization of one of the following national associations of credential evaluation services: National Association of Credential Evaluation Services (NACES) or Association of International Credentials Evaluators (AICE).Employment Type: OTHER

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