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Quantitative Analyst Intern Jobs (NOW HIRING)

Intern

Lisle, IL · On-site

$21 - $26/hr

POSITION/JOB TITLE : FP&A Intern DEPARTMENT: Finance DIRECT SUPERVISOR : Manager, FP&A DURATION ... Analytical and quantitative skills * Effective written and verbal communication; able to succinctly ...

Quantitative analysis may include regression analysis, mapping, and other data visualizations ... The intern will develop memos, infographics, and short reports to communicate findings. This ...

Excellent analytical and quantitative skills, a passion for metrics and quantitative analysis, ability to turn analysis into actionable programs, and ability to use data to optimize day-to-day ...

Excellent analytical and quantitative skills, a passion for metrics and quantitative analysis, ability to turn analysis into actionable programs, and ability to use data to optimize day-to-day ...

Summer Intern: Economic Policy

Washington, DC

$17.50 - $22.50/hr

The economic policy intern will have the opportunity to do quantitative analysis, background research, fact-checking, and editing for articles and ongoing academic research projects on issues related ...

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Quantitative Analyst Intern information

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How much do quantitative analyst intern jobs pay per hour?

As of Jun 12, 2026, the average hourly pay for quantitative analyst intern in the United States is $39.43, according to ZipRecruiter salary data. Most workers in this role earn between $17.55 and $57.69 per hour, depending on experience, location, and employer.

How much do quant interns get paid?

Quantitative analyst interns typically earn between $20 and $40 per hour, with annual stipends ranging from $30,000 to $70,000 depending on the firm, location, and level of experience. Compensation often includes exposure to programming languages like Python or R and may vary based on the internship's duration and company size.

What is the difference between Quantitative Analyst Intern vs Quantitative Analyst?

AspectQuantitative Analyst InternQuantitative Analyst
Required CredentialsTypically pursuing or recently completed a degree in finance, mathematics, or related fieldsBachelor's degree often required; advanced degrees or certifications like CFA or CQF preferred
Work EnvironmentInternship programs within financial firms, hedge funds, or investment banksFull-time roles in similar environments with more responsibilities
Employer & Industry UsageUsed mainly for training and entry-level positions in finance and investment sectorsFull-fledged professional role in asset management, hedge funds, or investment banks

The main difference between a Quantitative Analyst Intern and a Quantitative Analyst lies in experience, responsibilities, and career stage. Interns are typically students gaining exposure, while analysts are full-time professionals handling complex models and decision-making processes.

What does a quant intern do?

A quantitative analyst intern supports the development and implementation of mathematical models to analyze financial data and inform investment decisions. They often work with programming languages like Python or R, perform data analysis, and assist in risk management tasks under the supervision of senior analysts. The role typically requires strong analytical skills and knowledge of finance and statistics.

Is $30 an hour good for an intern?

For a Quantitative Analyst Intern, $30 an hour is generally considered a competitive rate, especially in finance or data analysis fields where internships often pay between $15 and $30 per hour. The adequacy of this rate depends on the location, industry standards, and the intern's skill level, but it is above average for many internship positions in related fields.

What types of projects or tasks can a Quantitative Analyst Intern expect to work on during their internship?

As a Quantitative Analyst Intern, you'll typically be involved in projects such as building and validating financial models, analyzing large datasets to identify patterns or trends, and assisting in the development of trading strategies. You may also work closely with senior quantitative analysts, traders, and software engineers to implement algorithms or back-test strategies using historical data. The role requires strong collaboration and communication skills, as you'll often present your findings to team members and contribute to ongoing research initiatives.

What are the key skills and qualifications needed to thrive as a Quantitative Analyst Intern, and why are they important?

To thrive as a Quantitative Analyst Intern, you need strong analytical abilities, proficiency in mathematics and statistics, and usually progress toward a degree in a quantitative field such as mathematics, finance, or engineering. Familiarity with programming languages like Python or R, experience with data analysis tools, and knowledge of financial modeling are typically required. Attention to detail, problem-solving skills, and effective communication set standout candidates apart. These skills are crucial for analyzing large data sets, developing models, and clearly communicating findings to support informed decision-making in finance.

Do JP Morgan hire quants?

JP Morgan hires quantitative analysts, often called quants, for roles in risk management, trading, and financial modeling. These positions typically require strong skills in mathematics, programming, and data analysis, and may involve using tools like Python, R, or MATLAB. Internships and full-time roles are available for candidates with relevant academic backgrounds and technical expertise.

What are Quantitative Analyst Interns?

Quantitative Analyst Interns, often called 'quant interns,' are students or recent graduates who work temporarily at financial institutions, such as banks, hedge funds, or investment firms, to support quantitative research and analysis. Their main role involves applying mathematical, statistical, and programming skills to analyze financial data, build models, and help make investment decisions. The internship provides hands-on experience in quantitative finance, often involving tasks such as backtesting trading strategies, data cleaning, and assisting with risk assessment. This position is ideal for individuals pursuing careers in quantitative finance, data science, or related fields.
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Quantic - PhD Quantitative Researcher Intern (Summer 2027)

Walleye Capital Internships

Boston, MA • On-site

$20K/mo

Temporary, Internship

Posted 11 days ago


Job description

Position: Quantic - PhD Quantitative Researcher Intern (Summer 2027)
Location: Boston, MA
Please apply to only one opportunity between the Quantitative Developer, Quantitative Researcher and PhD Quantitative Researcher positions with Quantic. If the team finds you could be a potential fit for the other, we will contact you.
Firm Overview:
Walleye Capital is a ~$16 billion+ multi-strategy investment firm headquartered in New York City, with over 350 employees across five main offices. Founded in 2005 as an options market maker, we have organically grown into a global investment firm specializing in Quant, Fundamental Equities, and Volatility strategies.
Our Team Overview:
Walleye Capital is seeking highly quantitative and creative PhD Quantitative Researcher Interns to work in the rapidly growing Quantic team based out of Boston. Quantic is Walleye's principal quantitative investment business, established in 2016 as one of its core investment strategies. Quantic has subsequently evolved into one of the most successful trading teams in the industry.
We are a tight-knit, collaborative, and intellectually rigorous group of scientists, engineers, and traders leveraging advanced statistical modeling techniques to identify and capitalize on profitable trading opportunities in global equities, options, and futures. What sets Quantic apart is our pragmatic, engineering-driven culture, where achieving goals-and achieving them the right way-takes precedence. We foster collaboration among colleagues, confident that the best ideas arise through cross-disciplinary exchange. Our commitment to continuous self-reflection and growth drives us to build the strongest possible platform for our team's future success. We are seeking talented researchers to help elevate our capabilities and join us on this journey.
This role offers the opportunity to engage directly with cutting-edge data analysis, portfolio optimization, platform development, and operation of fully automated trading systems. You will join a team where your creativity, initiative, and teamwork will make direct impacts on trading profits for our investors. We invite researchers with a proven record of innovation and achievement in their fields to apply.
Position Overview:
As a Quantic Intern, you'll work directly with experienced team members on meaningful projects that impact trading strategies and operations. You'll have the opportunity to work on high-impact initiatives and develop your skills in a dynamic setting where innovation, teamwork, and talent drive success.
We are seeking students with strong technical backgrounds (e.g., mathematics, statistics, computer science, or engineering), demonstrated initiative, and an interest in quantitative trading and research. Successful interns are curious, collaborative, and eager to tackle complex problems in a fast-paced, supportive environment.
The internship is 10 weeks in length and will take place in Boston from June to August 2027.
Responsibilities:
  • Research, design, and test predictive signals, data sets, and systematic trading strategies.
  • Extract and analyze large datasets from structured and unstructured sources, applying advanced statistical and computational methods.
  • Enhance research infrastructure and tools for trading, risk management and attribution.
  • Develop machine learning models to predict patterns in asset returns, risks, trading costs, or other portfolio-relevant variables.
  • Design and implement scalable code across various stages of the investment process.
  • Work in Python and/or R, with opportunities to contribute to research tools and libraries.
  • Leverage AI tools including LLM-based analytical pipelines to enhance processes and analyses.

We seek individuals who:
  • Are pursuing a PhD degree in computer science, engineering, statistics, operations research, mathematics, or a related field, with an expected graduation date between December 2027 and June 2028.
  • Possess strong programming skills-particularly in Python or R-and hold experience working with large datasets, APIs, or databases.
  • Demonstrate rigorous analytical thinking, statistical modeling abilities, and familiarity with techniques from machine learning, optimization, or time-series analysis.
  • Are self-starters who enjoy digging into complex, open-ended problems and can work both independently and collaboratively with a team.
  • Exhibit a genuine interest in financial markets, systematic investing, AI/LLM application, and using technology in dynamic, data-rich environments.
  • Showcase creativity and enthusiasm for leveraging AI tools to enhance productivity, improve processes, and generate investment alpha.
  • Thrive in a collaborative culture that values intellectual humility, creativity, and continuous learning.

Pay Range:
The expected monthly pay for this position is $20,000/month. Interns will also receive a $10,000 housing stipend and transportation to and from Boston (domestic travel only).
The deadline to apply for this opportunity is Friday, October 30 at 11:59pm ET. For questions about the process, please review our Campus FAQs.
Please apply to only one opportunity between the Quantitative Developer, Quantitative Researcher and PhD Quantitative Researcher positions with Quantic. If the team finds you could be a potential fit for the other, we will contact you.
Walleye is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
If you require a reasonable accommodation to participate in any part of our hiring process, please contact HR@walleyecapital.com.
Personal data you provide will be processed in accordance with Walleye Capital LLC's Privacy Notice available at: https://www.walleyecapital.com/.