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Internship Quant Finance Jobs (NOW HIRING)

... quantitative finance, so if you don't have experience with markets or our industry don't worry! Please note that programming experience is a must if you are applying to our Quant Developer internship.

We're seeking exceptionally motivated students with a strong interest in the financial markets to ... Opportunities, including full-time summer internships and part-time work throughout the school year ...

... financial services quantitative risk management; will consider recent graduates if able to present similar skills from an internships or similar work experience (preferably life insurance), either in ...

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Internship Quant Finance information

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How much do internship quant finance jobs pay per hour?

As of Jun 23, 2026, the average hourly pay for internship quant finance in the United States is $19.86, according to ZipRecruiter salary data. Most workers in this role earn between $17.07 and $22.36 per hour, depending on experience, location, and employer.

What is an Internship in Quant Finance?

An Internship in Quant Finance is a temporary position, typically for students or recent graduates, that provides hands-on experience in quantitative finance roles within financial institutions such as banks, hedge funds, or asset management firms. Interns work alongside professionals to apply mathematical models, computer programming, and statistical techniques to analyze financial markets, develop trading strategies, or manage risk. These internships are highly competitive and often serve as a pathway to full-time roles in quantitative analysis or trading. Candidates usually have strong backgrounds in mathematics, statistics, computer science, or engineering. Internships may last from a few weeks to several months and often include both project work and training.

Do JP Morgan hire quants?

Yes, JP Morgan hires quantitative analysts and quantitative researchers for roles in their quantitative finance and risk management teams. These positions typically require strong skills in mathematics, programming, and financial modeling, often using tools like Python, C++, or MATLAB. Internships are available for students pursuing relevant degrees, providing valuable industry experience.

How much do quant finance interns make?

Quant finance interns typically earn between $20 and $40 per hour, with total summer stipends ranging from $4,000 to $8,000 depending on the firm and location. Compensation often includes exposure to programming languages like Python or C++ and may vary based on experience and firm size.

What can I expect from the collaborative environment during an Internship in Quantitative Finance?

As an intern in Quantitative Finance, you will typically work closely with experienced quantitative analysts, traders, and software engineers. Collaboration is integral, as you'll often contribute to team projects, attend regular meetings, and receive feedback on your models or analyses. You'll have opportunities to learn from diverse experts, and your contributions can influence real trading strategies. This environment encourages asking questions, sharing ideas, and developing both technical and communication skills crucial for a future full-time role.

What projects can I do to get a quant internship?

To secure a quant internship, candidates should work on projects involving financial data analysis, algorithmic trading strategies, or statistical modeling using programming languages like Python or R. Building a portfolio of quantitative research, backtesting models, and understanding financial markets can demonstrate relevant skills to employers.

What are the key skills and qualifications needed to thrive as an Internship Quant Finance, and why are they important?

To thrive as an Internship Quant Finance, you need strong quantitative skills, proficiency in mathematics or statistics, and typically progress toward a degree in a quantitative field such as mathematics, physics, engineering, or finance. Familiarity with programming languages like Python, R, or MATLAB and experience with financial modeling tools are highly valuable. Analytical thinking, attention to detail, and effective communication are important soft skills for presenting findings and collaborating with teams. These skills are essential for analyzing complex financial data, building accurate models, and contributing to data-driven decision-making in fast-paced financial environments.

Is $30 an hour good for an intern?

For an internship in quantitative finance, a $30 per hour rate is generally considered competitive, especially for roles requiring strong analytical and programming skills. Interns often earn between minimum wage and $30 or more, depending on the firm, location, and level of experience, with higher pay typically associated with more technical or competitive positions.

What is the difference between Internship Quant Finance vs Quant Analyst?

AspectInternship Quant FinanceQuant Analyst
Required CredentialsTypically pursuing a degree in finance, mathematics, or related fields; no professional certifications requiredOften holds advanced degrees (Master's or PhD) in quantitative fields; certifications like CFA or CQF are common
Work EnvironmentInternship setting, learning-focused, part-time or summer rolesFull-time professional role in finance firms, hedge funds, or investment banks
Employer & Industry UsageUsed by firms to evaluate potential future employees; entry-level experienceCore role in quantitative trading, risk management, and investment strategies

In summary, Internship Quant Finance is a temporary, learning-focused position for students or early-career individuals, while a Quant Analyst is a full-time professional responsible for developing and implementing quantitative models in finance.

More about Internship Quant Finance jobs
What cities are hiring for Internship Quant Finance jobs? Cities with the most Internship Quant Finance job openings:
What are the most commonly searched types of Quant Finance jobs? The most popular types of Quant Finance jobs are:
What states have the most Internship Quant Finance jobs? States with the most job openings for Internship Quant Finance jobs include:
Infographic showing various Internship Quant Finance job openings in the United States as of June 2026, with employment types broken down into 2% As Needed, 91% Full Time, 1% Temporary, and 6% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $41,299 per year, or $19.9 per hour.

Internship

Posted 27 days ago


Job description

We offer students from a variety of different backgrounds the chance to apply their skills and curiosity to real-world, interesting problems
We believe that the learning and insights you gather through education set the tone for your early career and help you figure out what you want to do. We offer London and New York based, competitively paid summer internships to University students from across the globe.
Internships
We offer 11-week internships to undergraduate and postgrad students each summer. Our interns are introduced to the way we work and mentored closely during their time with us, delivering work that has real-world results. We proactively look for people that might not have considered a career in quantitative finance, so if you don't have experience with markets or our industry don't worry! Please note that programming experience is a must if you are applying to our Quant Developer internship. This is a paid internship and we provide accommodation in fully serviced apartments.
PLEASE NOTE: Our internship application process runs from August until December. If you send us your details outside of this time, your profile will be saved on our system, but we won't be actively monitoring applications.