2027 Quantitative Equity Investing Internship Program

troweprice; United States; Hybrid; USD 68,000 - 83,000; Full time

Benefits offered by this job

Hybrid work model

Networking events

Career development resources

Job summary

T. Rowe Price offers a 10-week internship program in the Quantitative Equity department, featuring formal orientation, mentor assignments, and learning opportunities with exposure to multiple areas including Quantitative Factors, Stock Selection Models, and Portfolio Management.

You will work on analytical and quantitative projects, use data to inform investment research, and gain experience in data visualization while collaborating with senior leaders across the firm.

Qualifications

• Full time student pursing a bachelor's degree with an expected graduation date of December 2027 - May/June 2028
• Demonstrated programming skills or aptitude, especially with R, MATLAB, Python and object-oriented programming
• Major: Computer Science, Engineering, Economics, Mathematics, Statistics, Physical Sciences, or Quantitative Finance study
• Preferred: Intellectual curiosity or knowledge of investments, portfolios, and quantitative analysis

Responsibilities

• Support analytical and quantitative projects within TRPIM Quat
• Use data to support the quant team's investment research agenda concerning risk evaluation or the investment decision making process
• Data visualization

Skills

R

MATLAB

Python

Object-oriented programming

Education

Bachelor's degree in progress (relevant field)

Job description

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.

We believe doing the right thing for our clients and our associates is good business . With a career at the firm, y ou can expect opportunities to create real impact at work and in your community. Y ou'll enjoy resources to support your career path, a s well as compensation , benefits , and flexibility to enrich your life. Here, you'll find a collaborative culture that respect s and valu e s differences and colleagues who share a spirit of generosity .

Join us for the opportunity to g row and make a difference in ways that matter to you .

Role Summary

The T. Rowe Price internship program includes a formal orientation, peer and senior mentor assignments, and formal learning opportunities. In addition to the work assignments within the assigned department, interns also gain exposure to associates and senior leaders across the firm through an executive speaker series, networking and social events, and engagement with our Business Resource Groups.

You will be placed into the Quantitative Equity department for the duration of the 10-week program with exposure to a variety of areas:

• Quantitative Factors
• Stock Selection Models
• Portfolio Management and Attribution
• Alternative Data
• Analytical and Quantitative Research Projects

Responsibilities

• Support analytical and quantitative projects within TRPIM Quat
• Use data to support the quant team's investment research agenda concerning risk evaluation or the investment decision making process
• Data visualization

Qualifications

Required:

• Full time student pursing a bachelor's degree with an expected graduation date of December 2027 - May/June 2028
• Demonstrated programming skills or aptitude, especially with R, MATLAB, Python and object-oriented programming
• Major: Computer Science, Engineering, Economics, Mathematics, Statistics, Physical Sciences, or Quantitative Finance study

Preferred:

• Intellectual curiosity or knowledge of investments, portfolios, and quantitative analysis
• Minimum GPA: 3.5 Overall
• A growth mindset with commitment to ongoing learning of AI-augmented platforms

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status).

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

• $75,000 for the location of: Maryland, Colorado, Washington and remote workers
• $75,000 for the location of: Washington, D.C.
• $75,000 for the location of: New York, California

Placement within the range provided above is based on the individual's relevant experience and skills for the role . Base salary is only one component of our total compensation package . Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits

We value your goals and needs, at work and in life. As an associate, you'll be supported w