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$30K

$113.1K

$164.5K

How much do researcher phd student jobs pay per year?

As of Sep 2, 2026, the average yearly pay for researcher phd student in the United States is $113,102.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,000.00 and $154,000.00 per year, depending on experience, location, and employer.

What is a researcher PhD student?

Researcher PhD Students are individuals enrolled in a doctoral program who conduct original research in their chosen field of study. They work under the supervision of faculty advisors, contribute to academic publications, and often assist with teaching or laboratory duties. Their primary goal is to develop new knowledge or solve complex problems through rigorous scholarly investigation, culminating in a dissertation or thesis. PhD students often present their findings at conferences and may collaborate with other researchers. Upon completion, they earn a Doctor of Philosophy (PhD) degree, which can lead to careers in academia, industry, or research institutions.

What are some common challenges faced by PhD students working as researchers, and how can they be managed?

PhD students working as researchers often encounter challenges such as balancing independent research with coursework and teaching responsibilities, managing long-term projects with uncertain outcomes, and handling the pressure to publish or present findings. Effective time management and setting realistic goals can help address these difficulties. Additionally, seeking regular feedback from advisors, collaborating with peers, and maintaining a healthy work-life balance are key practices to ensure success and well-being throughout the program.

What are the key skills and qualifications needed to thrive as a researcher PhD student, and why are they important?

To thrive as a Researcher PhD Student, you need strong analytical skills, a solid academic background in your field, and experience with experimental design or theoretical research. Familiarity with research software such as SPSS, MATLAB, R, or specialized databases, and sometimes certifications in research ethics or data management, are commonly required. Excellent written and verbal communication, perseverance, and critical thinking set standout candidates apart. These skills are crucial for generating original research, effectively disseminating findings, and advancing knowledge in your discipline.

What is the difference between Researcher Phd Student vs Research Assistant?

AspectResearcher Phd StudentResearch Assistant
Required CredentialsEnrolled in PhD program, advanced degree in progressBachelor's or Master's degree, often in related field
Work EnvironmentAcademic or research institution, independent research focusLaboratory or fieldwork, supporting research projects
Employer & IndustryUniversities, research institutes, industry R&D departmentsUniversities, research labs, industry settings
Common Search & ComparisonYesYes

The main difference between a Researcher Phd Student and a Research Assistant lies in their educational status and responsibilities. A Researcher Phd Student is pursuing a doctoral degree and often leads independent research projects, while a Research Assistant typically supports research activities under supervision. Both roles are common in academic and research environments, but the PhD student is more focused on developing original research, whereas the Research Assistant provides support to ongoing projects.

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Researcher Phd Student jobs near you
Infographic showing various Researcher Phd Student job openings in the United States as of August 2026, with employment types broken down into 1% Internship, 1% As Needed, 58% Full Time, 37% Part Time, 1% Temporary, and 2% Contract. Highlights an 82% Physical, 1% Hybrid, and 17% Remote job distribution, with an average salary of $113,102 per year, or $54.4 per hour.

2027 Internship - Quantitative Researcher (PhD)

Virtu Financial

New York, NY

$5.0K - $5.8K/wk

Full-time, Internship

Re-posted 11 days ago

Job description

Virtu is an industry-leading financial technology firm that operates both proprietary trading and client-facing businesses in the global financial marketplace. Our cutting edge, proprietary technology is core to everything we do. We trade in over 35 countries, across 235 financial exchanges and over 25% of retail order flow in the US. is serviced by Virtu. 
 
Our team is a dedicated group of traders, quants and developers that are inspired by the unique and exciting challenges we solve every day. Our culture combines the creativity of a fast paced start up, with the stability of a disciplined financial services firm. We are a flat organization and encourage our people to innovate and lean on their teammates for support and collaboration. We have fun, work hard and strive to be virtuous in all we do. 
 
QUANTITATIVE RESEARCHER INTERNSHIP
Virtu's internship program offers graduate students an extraordinary opportunity to learn about the firm and the world's financial markets. We have built a thoughtful and challenging curriculum with projects that introduce students to the many complex and ever changing problems to solve. Students can expect a company-curated global training week for our interns,  real quantitative problems to solve throughout the program and engaging social events to get to know our team and culture. 
  • Location: New York
  • Dates: 10 week program
  • Training: Ongoing training throughout the summer and a training week held in New York or Austin
  • Projects: Real problems to solve throughout the program. Interns will work from a list of projects and have several senior mentors throughout the summer program. 
  • Perks (varies by location): Onsite Gym & workout classes, Onsite Barista, weekly happy hours/social events, Breakfast & Lunch, Transportation
Our Quantitative Researchers are an integral part of the algorithmic research team, working to improve Virtu's trading algorithms through transforming large data sets into usable trading models. Successful quantitative researchers work well independently and collaboratively, enjoy learning and applying new algorithmic techniques, and are excited to see their ideas turn into tangible results.
 
Interns will work directly with senior members of the team on our trading strategies used in Virtu's market making business. Interns in this track will apply their quantitative analysis and research skills to discover patterns that can potentially improve our trading algorithms. Through these projects, interns will learn to apply basic data analysis tools to large trading data sets and be pushed to think out of the box for trading ideas. Each intern will complete one to two projects which could come from different mentors and groups. 
 
REQUIREMENTS
  • Advanced degree (preferably PhD) in Science, Math, Engineering or other quantitative field
  • History of diverse, challenging, and interesting coursework paired with a strong GPA
  • Exceptional quantitative, mathematical, and problem-solving skills
  • Great communication skills and the ability to collaborate with peers
  • Ability to solve technical and or quantitative problems under pressure
  • Ability to express ideas mathematically and algorithmically
  • Strong programming skills (especially C/C++ and Python, Pandas)
  • Intellectually curious and self-motivated
  • Ability to communicate within and across teams, at a high and low level, on both technical and non-technical subjects
  • Ability to seek guidance and learn new skills from peers
  • Extraordinary mental flexibility and a high tolerance for ambiguity
  • Strong drive for success within a collaborative team
  • Interest in financial markets
THE PROCESS
 
After applicants pass an initial resume screening, an online programming test will be emailed to you via Hackerrank. Upon review, we will reach out to arrange next steps. We are looking forward to meeting you!
 
Salary Range: $5,000 - $5,800  weekly (salary range is exclusive of sign on bonuses, housing, meals, benefits or any other forms of compensation) 
Virtu Financial is an equal opportunity employer, committed to a diverse and inclusive workplace, welcoming you for who you are and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.
 

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