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Quantitative Research Associate Jobs in Minnesota

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Quantitative Research Associate information

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$30.4K

$88.7K

$143K

How much do quantitative research associate jobs pay per year?

As of Aug 7, 2026, the average yearly pay for quantitative research associate in Minnesota is $88,714.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,300.00 and $116,600.00 per year, depending on experience, location, and employer.

What are the typical collaboration opportunities for a quantitative research associate within a financial institution?

Quantitative Research Associates frequently collaborate with portfolio managers, data scientists, and software engineers to develop and refine financial models and trading strategies. This cross-functional teamwork is essential for integrating new research insights into existing investment processes and ensuring that models are robust and actionable. Associates often participate in regular meetings to discuss research findings, share market insights, and troubleshoot model performance, fostering a dynamic and intellectually stimulating work environment. This collaborative structure also offers valuable exposure to different facets of the business, which can accelerate professional growth.

What is a quantitative research associate?

Quantitative Research Associates are professionals who use advanced mathematical, statistical, and computational techniques to analyze data and solve complex problems, often in finance, economics, or scientific research. They typically work with large datasets to develop models, identify trends, and inform decision-making processes. Their work is crucial in areas such as investment banking, asset management, and risk analysis, where data-driven insights can lead to better strategies and outcomes.

Is quantitative research a good career?

Quantitative research is a valuable career for those interested in data analysis, statistical modeling, and financial or market research. It often requires strong skills in mathematics, programming, and statistical software, and can offer opportunities in finance, consulting, and technology sectors with competitive salaries and growth potential.

What is the difference between Quantitative Research Associate vs Quantitative Analyst?

AspectQuantitative Research AssociateQuantitative Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; often pursuing or holding a master'sBachelor's or master's degree in finance, mathematics, or related field; certifications like CFA are common
Work EnvironmentResearch-focused, often in finance or investment firms, supporting trading or investment strategiesData analysis and modeling in finance, risk management, or trading departments
Employer & Industry UsageUsed in asset management, hedge funds, and investment banksCommon in hedge funds, investment banks, and financial institutions

While both roles involve quantitative analysis, a Quantitative Research Associate primarily focuses on developing and testing investment strategies through research, whereas a Quantitative Analyst emphasizes building models and analyzing data to inform trading and risk decisions. The roles often overlap but differ in their core focus and daily tasks.

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

To excel as a Quantitative Research Associate, you need strong quantitative analysis skills, experience with statistical modeling, and a relevant degree in mathematics, statistics, economics, or a related field. Proficiency in programming languages such as Python, R, or MATLAB, and familiarity with data analysis tools and financial databases are typically required. Exceptional problem-solving, attention to detail, and the ability to communicate complex findings clearly make candidates stand out. These skills are crucial for producing accurate research insights that drive effective decision-making and strategic planning.
What are the most commonly searched types of Quantitative Research jobs in Minnesota? The most popular types of Quantitative Research jobs in Minnesota are:
What are popular job titles related to Quantitative Research Associate jobs in Minnesota? For Quantitative Research Associate jobs in Minnesota, the most frequently searched job titles are:
What cities in Minnesota are hiring for Quantitative Research Associate jobs? Cities in Minnesota with the most Quantitative Research Associate job openings:
Infographic showing various Quantitative Research Associate job openings in Minnesota as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $88,714 per year, or $42.7 per hour.

$61K - $68K/mo

Full-time

Medical, Dental, Life, Retirement, PTO

Re-posted 19 days ago


Job description

About the Job
 

- 10% Review literature relating to research projects and assist in writing publications, summary reports, and research grants
- 10% Training and supervising undergraduate and pre-doctoral researchers
- 10% Perform molecular analyses including PCR, quantitative RT-PCR, DNA extraction, molecular cloning of influenza reverse genetics constructs, CRISPR/Cas9, primer design.
- 40% With oversight from PI, design and execute complex, multi-step experiments, trouble-shoot protocols, interpret findings and prepare data for publication in an assigned area to aid in the solution of a research problem.  The primary focus of this project will understanding effects of microbiome on influenza susceptibility in a primary bronchial epithelial-respiratory microbiome co-culture model. An experimental approach will be formulated based on existing knowledge of the field, review of  relevant literature, contacting other researchers in the field and collaboration with other labs.
- 20% Analyze and interpret microbiome and viral infection data from longitudinal observational study
-10% Duties as assigned
Independence and decision making: Solves complex research related work assignments with working knowledge of the field and minimal guidance; likely to act as an informal resource for colleagues with less experience

Qualifications
 

Required Qualifications:

- Ph.D degree within a biomedical or computational biology field.
- Experience with standard mammalian tissue culture techniques
- Experience with standard molecular biology techniques e.g. PCR, quantitative PCR, DNA extraction
- Experience with publication and presentation of data in multiple forms, including manuscripts and grant submission
- Experience mentoring trainees including undergraduates, medical students, and/or PhD students in the conduct of research
Preferred Qualifications:
- Foundational knowledge of microbiology, virology and human immunology
- Experience with culture of primary cells
- Experience with influenza virus culture and reverse genetics systems
- Experience with flow cytometry
- Experience with use and/or development of data analysis and/or data visualization tools including R and Python
-  Working knowledge of omics analysis pipelines with specific focus on microbiome data
- Strong organizational skills
- Strong written and verbal communication skills

About the Department
 

This is a research position in a laboratory studying mechanisms by which respiratory viruses like influenza and respiratory syncytial virus cause disease in humans. We take an integrative approach incorporating the respiratory microbiota, viruses and host immune system in both model systems and clinical studies.  Our lab seeks to foster an inclusive environment in which members from diverse backgrounds are encouraged to develop their skills of scientific inquiry. A successful candidate will be a curious, self-motivated team player with an interest in mentoring junior scientists.  The position offers the opportunity to interact with physician-scientists and develop skills in a variety of research techniques, experimental approaches and research questions relevant to human health, including primary human cell culture, molecular virology and analysis of microbiome data.  The researcher will be encouraged to present and publish their research.

Pay and Benefits
 

Pay Range: $61,008- $68,964; depending on education/qualifications/experience 

Time Appointment: 75%-100% Appointment 

Position Type: Faculty and P&A Staff 

Please visit the Office of Human Resources website for more information regarding benefit eligibility.

The University offers a comprehensive benefits package that includes:

  • Competitive wages, paid holidays, and generous time off
  • Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
  • Low-cost medical, dental, and pharmacy plans
  • Healthcare and dependent care flexible spending accounts
  • University HSA contributions
  • Disability and employer-paid life insurance
  • Employee wellbeing program
  • Excellent retirement plans with employer contribution
  • Public Service Loan Forgiveness (PSLF) opportunity
  • Financial counseling services 
  • Employee Assistance Program with eight sessions of counseling at no cost
  • Employee Transit Pass with free or reduced rates in the Twin Cities metro area
How To Apply
 

Applications must be submitted online.  To be considered for this position, please click the Apply button and follow the instructions.  You will have the opportunity to complete an online application for the position and attach a cover letter and resume.

Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.  

This position will remain open until filled.

To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-UOHR (8647).

Diversity
 

The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission.  The University is committed to attracting and retaining employees with varying identities and backgrounds.

The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression.  To learn more about diversity at the U:  http://diversity.umn.edu.

Employment Requirements
 

Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.

About University of Minnesota
 


The University of Minnesota, Twin Cities (UMTC)

The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research.  Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.


The University of Minnesota offers a comprehensive benefits package including:

  • Competitive wages, paid holidays, vacation and sick leave
  • Low cost medical, dental, and pharmacy plans
  • Health care and dependent daycare flexible spending accounts
  • Excellent retirement plans with employer match
  • Disability and employer paid life insurance
  • Wellbeing program with reduced insurance premiums
  • Tuition reimbursement opportunities covering 75%-100% of eligible tuition
  • Student loan forgiveness opportunity
  • Opportunities for growth and promotion
  • Employee Assistance Program

For more information regarding benefits: 

https://humanresources.umn.edu/sites/humanresources.umn.edu/files/2018_tcd-fpa-75100-ben-0105-10.pdf