Parametric 2027 Investment Research Internship Minneapolis

Morgan Stanley; Minneapolis (MN); Ibrido; USD 45.000 - 48.000; Part-time

Vantaggi offerti da questo lavoro

Hybrid work model

Capstone project experience

Descrizione del lavoro

Parametric, part of Morgan Stanley Investment Management, is offering a 10-week Research Intern internship in Minneapolis. You will provide analysis and quantitative modeling to support investment products and new product development.

The role is hybrid—office 3 days a week with some days from home—located at 3600 Minnesota Drive, Minneapolis. Target students pursuing finance/economics/CS with graduation between Dec 2027 and Jun 2028.

Competenze

• Current student enrolled in an accredited program with expected graduation date between December 2027 and June 2028.
• Active enrollment and intention to return to the academic program following the internship.

Mansioni

• Construct and manipulate large data sets for quantitative analysis.
• Conduct back-testing and data analysis.
• Assist with research on market trends and environment.
• Develop and maintain investment algorithms.
• Support models that back investment strategies.
• Contribute to a collaborative research culture through peer review and discussion.

Conoscenze

Excel

Python

Large data sets

Teamwork

Communication

Investment interest

Formazione

Pursuing Bachelor's, Master's, or PhD in finance, economics, statistics, mathematics, or CS

Descrizione del lavoro

Before we get to know you, take some time to get to know us. Learn more about Parametric here

Parametric is part of Morgan Stanley Investment Management and has been helping investors solve complex challenges through customized investment solutions for more than 30 years. We work with financial advisors, institutions, and consultants to build portfolios tailored to their clients' goals.

At Parametric, you'll find the resources and global reach of Morgan Stanley combined with the innovation, collaboration, and entrepreneurial culture of a specialized investment firm.

The work environment is hybrid with most jobs working in office 3 days a week and others at home.

Duration: 10 Week Program - June 1, 2027, to August 10, 2027

Salary: $33.50 per hour (set amount for internship)

Location: Minneapolis (3600 Minnesota Drive, Suite 200)

Position is not eligible for medical benefits or relocation/housing support. Candidates out of area must make their own housing arrangements.

Resumes will be reviewed on a rolling basis until the role is filled or the application deadline, whichever comes first.

A Research Intern is responsible for providing analysis and quantitative modeling to support Parametric's investment products and new product development.

Primary Responsibilities

• Construct and manipulate large data sets in order to perform quantitative analysis
• Conduct back-testing and data analysis
• Assist with research into current market trends and environment
• Develop and maintain investment algorithms
• Assist other investment professionals in the development and maintenance of models that support investment strategies
• Enhance the team's research culture by being inquisitive, asking thoughtful questions, challenging assumptions, providing feedback and peer review, and finding consensus through debate

Job Requirements

• Current student pursuing a Bachelor's, Master's, or PhD degree in finance, economics, statistics, mathematics, computer science, or a related field, with an expected graduation date between December 2027 and June 2028. Applicants must be actively enrolled in school and returning to their academic program following the internship. Students who have already graduated are not eligible.
• Proficiency in Excel and understanding of basic data modeling coding language (Python preferred)
• The ability to work with large data sets
• The ability to work on a team and to work autonomously on projects
• Strong verbal and written communication skills
• Interest in investment and financial markets

The Parametric Internship Experience

The Parametric internship is designed to provide meaningful, hands‑on experience in financial services. Unlike many programs where interns spend the summer observing, you'll contribute to real projects, collaborate with professionals across the firm, and gain exposure to multiple areas of the business.

Throughout the 10‑week program, interns participate in learning sessions, networking opportunities, and professional development events while building connections with peers and colleagues across Parametric and Morgan Stanley Investment Management.

A key component of the internship is a capstone project, where interns work individually or in teams to apply what they've learned and present their work to business leaders at the end of the summer.

What You'll Gain During the Program

• Exposure to the investment management and financial services industry.
• An understanding of Parametric's business, products, and clients.
• Hands‑on experience working on projects that support real business objectives.
• Opportunities to network with professionals and leaders across the firm.
• Professional development focused on communication, collaboration, and career readiness.
• Cross‑functional exposure to different teams and career paths within investment management.
• Experience presenting recommendations and insights through a capstone project.
• A network of fellow interns and colleagues that extends beyond the summer.