Internship in Investment/Strategy Research (Undergraduate & Master's)

Dimensional Fund Advisors; Charlotte (NC); On-site; USD 28,000 - 48,000; Part time

Benefits offered by this job

Comprehensive benefits

Educational initiatives

Company celebrations

Job summary

Dimensional Fund Advisors' Research Department invites talented undergraduates and master’s students to join a nine-week summer internship in Charlotte, NC. The program emphasizes rigorous, data-driven research on investments and markets, with exposure to portfolio analysis, asset pricing simulations, and empirical studies.

Participants will work closely with analysts, present findings, and gain practical experience across research, portfolio management, and client-facing discussions.

Qualifications

• Minimum 3.2 GPA and pursuing an undergraduate or specialized Master’s degree with an expected graduation date of December 2027 – June 2028.
• Preferred fields of study include finance, economics, mathematics, statistics, computer science, physics, engineering, or other related quantitative fields.
• Excellent quantitative problem-solving and analytic skills.
• Ability to communicate financial and economic concepts, in both oral and written form.
• Self-starter who can manage multiple projects and meeting deadlines.
• Strong programming skills in one or more languages, such as C#, C++, Fortran, R, Python, or Stata.
• Experience doing empirical research with large datasets.

Responsibilities

• Participate in a nine-week, in-person internship with the Research team.
• Apply quantitative reasoning and computational skills to real investment research projects.
• Work on portfolio analysis, simulations, and empirical studies related to asset pricing.
• Review academic papers and present findings to the research teams.
• Collaborate with investment and client services to address questions.

Skills

Quantitative problem-solving

Communication skills

Self-starter

Project management

Programming skills

Education

GPA 3.2

Finance

Economics

Mathematics

Statistics

Computer Science

Tools

C#

C++

Fortran

R

Python

Stata

Job description

The Research Department at Dimensional is integral both in the successful day-to-day functioning of the firm and in developing Dimensional’s long-term strategy. The team produces high-quality, thought-leadership research on investments and financial markets that is of interest to clients. The team also leads the development of the firm’s investment approach, the application of that approach through portfolio management and trading, and the implementation of technology solutions that make the investment process more efficient.

Our team is seeking students from top tier academic programs to intern in the summer of 2027. The Internship offers an opportunity to work on intellectually rigorous and stimulating challenges and provides real life experience into the different aspects of research at Dimensional. The Internship is open to students in finance, economics, mathematics, statistics, computer science, physics, engineering, and other related quantitative fields who expect to complete their degree in December 2027 – June 2028.

Responsibilities

This nine-week program will be fully in person and expose interns to the day-to-day activities of the Research group. Interns will gain an understanding of what it's like to be a Research Analyst at Dimensional, as they will be involved in projects that meet our firm’s current business needs. You will be expected to use your intellect, quantitative reasoning, and computational skills to identify and solve the various issues that arise in a fast-paced environment, working simultaneously on individual projects and team-based initiatives. Depending on what team within Research you are assigned to, projects may include the following:

• Perform analysis on portfolios and prospective strategies;
• Execute and analyze simulations for research on asset pricing models and economics studies;
• Conduct empirical research related to Dimensional’s investment strategies and a variety of investment topics;
• Review relevant academic papers and present findings to internal research teams; and
• Work with other members of the investment and client services teams to answer internal and client questions.

Qualifications

• Minimum 3.2 GPA and pursuing an undergraduate or specialized Master’s degree with an expected graduation date of December 2027 – June 2028. Preferred fields of study include finance, economics, mathematics, statistics, computer science, physics, engineering, or other related quantitative fields.
• Excellent quantitative problem-solving and analytic skills.
• Ability to communicate financial and economic concepts, in both oral and written form.
• Self-starter who can manage multiple projects and meeting deadlines.
• Strong programming skills in one or more languages, such as C#, C++, Fortran, R, Python, or Stata.
• Experience doing empirical research with large datasets.

Dimensional offers a variety of programs to help take care of you, your family, and your career, including comprehensive benefits, educational initiatives, and special celebrations of our history, culture, and growth.

It is the policy of the Company to provide equal opportunity for all employees and applicants. The Company recruits, hires, trains, promotes, compensates, and administers all personnel actions without regard to actual or perceived race, color, religion, religious practice, creed, sex, sex stereotyping, pregnancy (which includes pregnancy, childbirth, and medical conditions related to pregnancy, childbirth, or breastfeeding), caregiver status, gender, gender identity, gender expression, transgender identity, national origin, age, mental or physical disability, ancestry, medical condition, marital status, familial status, domestic partnership status, military or veteran status or service, unemployment status, citizenship status or alienage, sexual orientation, status as a victim of domestic violence, status as a victim of stalking, status as a victim of sex offenses, genetic information, political activities or recreational activities, arrest or conviction record, salary history, natural hairstyle or any other status protected by applicable law except as otherwise required or permitted by law or regulation applicable to the Company or its affiliates.