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Quantitative Researcher Intern Jobs in Madison, WI

... researchers, pharmaceutical companies and health systems make confident decisions and improve ... Develop, optimize, and apply LC-MS/MS methods for quantitative analysis of compounds in biological ...

... researchers, pharmaceutical companies and health systems make confident decisions and improve ... Develop, optimize, and apply LC-MS/MS methods for quantitative analysis of compounds in biological ...

Quantitative Researcher Intern information

See Madison, WI salary details

$13

$18

$27

How much do quantitative researcher intern jobs pay per hour?

As of Sep 2, 2026, the average hourly pay for quantitative researcher intern in Madison, WI is $18.45, according to ZipRecruiter salary data. Most workers in this role earn between $16.49 and $19.38 per hour, depending on experience, location, and employer.

What does a quantitative researcher intern do?

A Quantitative Researcher Intern typically works with data analysis, statistical modeling, and algorithm development to support trading or investment strategies in finance and technology firms. They collaborate with experienced researchers to collect data, run simulations, and test hypotheses using programming languages like Python, R, or MATLAB. The role often involves applying mathematical and statistical techniques to solve real-world problems and gain actionable insights. Interns gain hands-on experience in quantitative research while contributing to the team’s projects and learning about the industry.

What are the key skills and qualifications needed to thrive as a quantitative researcher intern?

To thrive as a Quantitative Researcher Intern, you need strong analytical skills, a solid background in mathematics or statistics, and progress toward a relevant degree such as in math, physics, computer science, or engineering. Familiarity with programming languages like Python, R, or MATLAB, and experience using statistical analysis software are typically required. Critical thinking, problem-solving ability, and effective communication skills help you interpret data and collaborate with team members. These capabilities are essential for analyzing complex datasets, generating actionable insights, and contributing effectively to research projects.

What does a typical project look like for a quantitative researcher intern, and how much autonomy can I expect?

As a Quantitative Researcher Intern, you will usually work on data-driven research projects that involve formulating hypotheses, developing models, and analyzing large datasets to identify trends or inefficiencies in financial markets. While you'll receive guidance and mentorship from experienced researchers, interns are often encouraged to take ownership of their projects, contribute ideas, and present findings. Collaboration with other interns, software engineers, and traders is common, promoting both learning and impact. The level of autonomy depends on your experience and the firm's structure, but proactive interns often find opportunities to drive meaningful research.

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

AspectQuantitative Researcher InternQuantitative Analyst Intern
Required CredentialsTypically pursuing or holding a degree in finance, economics, mathematics, or related fieldsSimilar educational background, often with a focus on finance or data analysis
Work EnvironmentResearch-focused, often in financial firms, hedge funds, or asset management companiesData analysis and modeling in financial institutions, investment banks, or asset managers
Employer & Industry UsageCommonly used in quantitative finance, hedge funds, and trading firmsWidely used in finance, banking, and investment sectors

Both roles involve working with data and financial models, but Quantitative Researcher Interns focus more on developing new strategies and models, while Quantitative Analyst Interns typically analyze existing data to support trading decisions. The roles often overlap in skills and industry, but differ slightly in focus and responsibilities.

Is it hard to get a quantitative researcher intern?

Securing a quantitative researcher intern position can be competitive due to the specialized skills required, such as strong programming, statistical analysis, and mathematical knowledge. Applicants often need relevant coursework, internships, or research experience, along with proficiency in tools like Python, R, or MATLAB, to improve their chances.

What are the most commonly searched types of Quantitative Researcher jobs in Madison, WI?

The most popular types of Quantitative Researcher jobs in Madison, WI are:

What are popular job titles related to Quantitative Researcher Intern jobs in Madison, WI?

For Quantitative Researcher Intern jobs in Madison, WI, the most frequently searched job titles are:

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The top searched job categories for Quantitative Researcher Intern jobs in Madison, WI are:

What cities near Madison, WI are hiring for Quantitative Researcher Intern jobs?

Cities near Madison, WI with the most Quantitative Researcher Intern job openings:

Infographic showing various Quantitative Researcher Intern job openings in Madison, WI as of August 2026, with employment types broken down into 79% Full Time, 17% Part Time, and 4% Contract. Highlights an 75% Physical, 5% Hybrid, and 20% Remote job distribution, with an average salary of $38,372 per year, or $18.4 per hour.

Wisconsin Investment Management Company (WISIMCO) 2027 Summer Analyst Internship Program

Wisconsin Foundation and Alumni Association (WFAA)

Madison, WI

Full-time, Temporary, Internship

Re-posted 10 days ago


Job description

Overview

The Wisconsin Investment Management Company (WISIMCO) is recruiting for the Summer Analyst Intern Program. WISIMCO, the investment division of The University of Wisconsin Foundation, manages UWF's long-term investment assets to maximize the impact of philanthropic gifts supporting the UW community. This role is a full-time, eight-week training program working directly with the Chief Investment Officer (CIO) and investment staff. This experience offers a unique opportunity to learn about various asset classes and investment opportunities while being mentored by an investment professional. The analyst will participate in investment manager meetings, assist in the underwriting of Co-Investment opportunities, and complete research on various economic, investment, and technology projects.  The position requires initiative, attention to detail, and excellent written and verbal communication skills.  The Summer Analyst Intern Program serves as the primary source for WISIMCO's full-time Investment Analyst Program. This position will work on-site at UWF's downtown Capitol Square location. 

Essential Functions

Investment Manager Selection

  • Provide qualitative and quantitative analysis as part of prospective manager due diligence and ongoing manager monitoring across public and private markets.
  • Participate in meetings with prospective managers, external references, and business executives.
  • Draft and publish meeting notes to enhance team awareness of investment updates and new opportunities  
  • Draft reports detailing investment recommendations and actions.

Co-Investment Analysis

  • Provide quantitative analysis including financial modeling for proposed investments.
  • Provide qualitative analysis across segment, geography, and competitors.
  • Participate in meetings with prospective managers, external references, and business executives.
  • Draft and publish meeting notes to enhance team awareness of investment updates and new opportunities  
  • Draft reports detailing investment recommendations and actions.

Research Projects

  • Pursue thematic research within potential new asset classes and investment strategies.
  • Assist in the preparation of internal investment memos and investment committee materials.
  • Contribute to potential areas of improvement across investment and risk processes.
Qualifications

Qualifications:

  • Currently enrolled in post-secondary degree program.
  • Intellectually curious about investing, business models, and portfolio construction.
  • Excellent written and verbal communication.
  • Ability to work independently, meet deadlines, take initiative, and understand priorities.
  • Sense of professional integrity and discretion in handling confidential information.
  • Ability to interact with business executives and appropriately and professionally represent WISIMCO.
  • Proficiency with Microsoft office products, specifically with Excel.
  • Prior investing experience is not required.

The Wisconsin Foundation and Alumni Association is an Equal Opportunity Employer. *The Wisconsin Foundation and Alumni Association is the "doing business as" name of the merged organization comprising the University of Wisconsin Foundation (supportuw.org) and the Wisconsin Alumni Association (uwalumni.com). Its legal corporate name is registered as the University of Wisconsin Foundation.

Employment Type: OTHER