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Quantitative Research Assistant Jobs (NOW HIRING)

MFS

Quantitative Research Associate

Boston, MA · Hybrid

$10K/mo

Work within quantitative research team on projects related to development of quantitative alpha models and/or the technology related to those models. * Assist in the development and implementation of ...

Urban Institute

$59K - $65K/yr

The Health Care Coverage, Costs, and Access practice area is looking for a quantitative Research Assistant with strong coding and analytic problem-solving skills to support senior researchers on ...

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How much do quantitative research assistant jobs pay per hour?

As of Sep 3, 2026, the average hourly pay for quantitative research assistant in the United States is $21.91, according to ZipRecruiter salary data. Most workers in this role earn between $18.51 and $25.48 per hour, depending on experience, location, and employer.

What is a quantitative research assistant?

Quantitative research assistants are professionals who support research projects by collecting, analyzing, and interpreting numerical data. They often use statistical software to manage datasets, perform statistical analysis, and help prepare reports or presentations based on their findings. These assistants typically work in academic, scientific, or business settings and collaborate closely with lead researchers or data scientists. Their work helps ensure that research conclusions are based on rigorous and accurate quantitative analysis.

What are the key skills and qualifications needed to thrive as a quantitative research assistant?

To thrive as a Quantitative Research Assistant, you need strong analytical skills, proficiency in statistical methods, and a relevant degree in fields like mathematics, statistics, or economics. Familiarity with statistical software such as R, Stata, SPSS, or Python, as well as experience with data management systems, is typically required. Attention to detail, problem-solving abilities, and effective communication are key soft skills that set candidates apart. These skills are essential for ensuring the accuracy, reliability, and clarity of research findings, which directly impact the quality and credibility of quantitative research projects.

What are some common challenges quantitative research assistants face when managing large datasets, and how can these be addressed?

Quantitative Research Assistants often work with large, complex datasets that can present challenges such as data cleaning, ensuring accuracy, and maintaining data integrity. Handling missing values, outliers, or inconsistent formats requires attention to detail and strong technical skills in statistical software like R, Python, or SPSS. Collaborating closely with research teams can help clarify data requirements and resolve ambiguities early on. Regularly documenting procedures and validating data at each stage helps minimize errors and ensures reliable analysis results.

What is the difference between Quantitative Research Assistant vs Data Analyst?

AspectQuantitative Research AssistantData Analyst
Required CredentialsBachelor's degree in statistics, economics, or related fieldBachelor's or master's in data science, statistics, or related field
Work EnvironmentResearch institutions, universities, market research firmsCorporate, finance, healthcare, or tech companies
Employer & Industry UsageAcademic and research settings, market research firmsBusiness analytics, finance, marketing departments
Common Search & ComparisonOften compared for data handling and research tasksCompared for data processing and reporting roles

The main difference is that Quantitative Research Assistants focus on supporting research projects with data collection and analysis in academic or research settings, while Data Analysts typically work in business environments analyzing data to inform decisions. Both roles require strong quantitative skills and similar educational backgrounds, but their work environments and primary objectives differ.

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What cities are hiring for Quantitative Research Assistant jobs?

Cities with the most Quantitative Research Assistant job openings:

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What job categories do people searching Quantitative Research Assistant jobs look for?

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Quantitative Research Assistant jobs near you
Infographic showing various Quantitative Research Assistant job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 75% Full Time, 21% Part Time, 1% Temporary, and 2% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $45,571 per year, or $21.9 per hour.

Quantitative Research Associate

MFS Investment Management

Boston, MA • On-site

$10K/mo

Full-time

Medical, Dental, Retirement

Posted 8 days ago

Job description

At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters - to us as valued professionals and to the millions of people and institutions who rely on us to help them build more secure and prosperous futures.
THE ROLE
At MFS, the Quantitative Research Associate Program is designed to allow associates to become fully immersed in the investment management business by working in support of MFS' quantitative research, portfolio management, and investment risk management teams. The Quantitative Research Associates work with analysts and portfolio managers to research, develop and maintain stock selection models, proprietary software, risk management and portfolio construction processes. In addition, Quantitative Research Associates actively engage with the broader investment team to meet the team's analytical needs. The Quantitative Research Associate Program is designed to be a 3 - 4-year program, where incumbents generally will pursue graduate school or another opportunity inside or outside of MFS at the end of their term.
WHAT YOU WILL DO
  • Work within quantitative research team on projects related to development of quantitative alpha models and/or the technology related to those models.
  • Assist in the development and implementation of disciplined quantitative investment processes focused on alpha generation, portfolio construction and risk management.
  • Address data and analytical requests from the investment department through active engagement and outreach.
  • Effectively communicate results of processes and research within and outside of the quantitative group as appropriate.
  • Assume additional projects and responsibilities as required.

WHAT WE ARE LOOKING FOR
  • Bachelor's degree in a relevant field (e.g. Finance, Economics, Mathematics, Engineering, or other quantitatively oriented discipline).
  • Proficiency in analytical languages such as R, Python, Matlab.
  • Proficiency in one or more of Java, C# and SQL preferred.
  • Familiarity with financial data software such as Bloomberg or FactSet is a plus.
  • Exceptional analytical and problem-solving skills and the ability to work independently on complex projects.
  • Strong communication skills; both written and verbal.
  • Attention to detail and commitment to accuracy.

Base Salary: $115,000
This position is eligible for competitive commission pay.
At MFS, we believe in fair and transparent compensation. For that reason, we're including the salary range for this position. This range reflects our good-faith expectation for what we'll pay depending on the candidate's experience, training and education. In addition to the salary, we also offer significant and competitive incentive compensation based on both individual and company performance. Other components of our Total Rewards Package include:
  • MFS contributes an amount equal to 15% of your base salary to your retirement account that is separate from the company -sponsored 401(k)
  • Education Assistance: MFS contributes $100 monthly up to $10,000 lifetime maximum directly to loan provider
  • Education Assistance: Tuition reimbursement up to $8,000 annually
  • Education Assistance: Access to discounted tutors and college coaches
  • Generous time off and fully paid leaves including 20-weeks for maternity, 12-weeks for parental and caregiver leaves
  • Choice of medical and dental plans and an and an employer contribution into the Health Savings Account
  • Tax deferred commuter benefits & flexible spending accounts (medical & dependent care)
  • Wellness Programs: Robust wellness webinars, employee assistance program with a focus on mental health, subsidized fitness benefit via Wellhub (formerly Gympass), where you can workout at gyms, studios and boutique fitness locations near you, join virtual personal training sessions and access a wide variety of well-being apps

Our compensation philosophy is to pay competitively for talent while ensuring equity across employees performing comparable work. We are committed to transparency - if you have questions about how we arrived at this range or what additional benefits and bonus opportunities come with the role, we'll be happy to discuss them
#LI-HYBRID
At MFS, we are dedicated to building a diverse, inclusive and authentic workplace. If you are excited about this role but your past experience doesn't align perfectly, we encourage you to apply - you might be just the right candidate for this role or others.
MFS is a hybrid work environment (remote/onsite) unless otherwise stated in the job posting.
If any applicant is unable to complete an application or respond to a job opening because of a disability, please contact MFS at 617-954-5000 or email talent_acquisition@mfs.com for assistance.
MFS is an Equal Opportunity Employer and it is our policy to not discriminate against any employee or applicant for employment because of race, color, religion, sex, national origin, age, marital status, sexual orientation, gender identity, genetic information, disability, veteran status, or any other status protected by federal, state or local laws. Employees and applicants of MFS will not be subject to harassment on the basis of their status. Additionally, retaliation, including intimidation, threats, or coercion, because an employee or applicant has objected to discrimination, engaged or may engage in filing a complaint, assisted in a review, investigation, or hearing or have otherwise sought to obtain their legal rights under any Federal, State, or local EEO law is prohibited. Please see the Know Your Rights: Workplace Discrimination is Illegal document, linked for your reference.

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