2027 Quantitative Masters Internship Program
Locations: New York, New York; San Francisco, California; Atlanta, Georgia; Chicago, Illinois
Overview of Quantitative Masters Internship Program
This program mirrors the MBA Internship but is tailored for master’s students in quantitative disciplines – giving you the same exposure and impact, with a focus on advanced analytics and problem-solving.
Eligibility: Students enrolled in analytics, computational finance, financial engineering, mathematics and/or a quantitative-disciplined master’s program and graduating between September 2027 and July 2028 with relevant pre-master’s work experience.
Investments
GLOBAL CAPITAL MARKETS
Apply now – New York, New York
Apply now – San Francisco, California
BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Markets, Liquidity & Financing, and Platform & Strategy businesses. Together, we provide clients with superior market access and index investment outcomes through:
- World class talent, operating at the intersection of investment insight, markets expertise, risk management and process design
- Technology at the heart of our processes, with in-business tech teams that create cutting-edge IP, providing an advantage in quality, scale, and risk control
- A focus on transforming markets, driving and advocating for more accessible, resilient, and transparent markets to deliver more choice and lower costs for investors
We are a global team of 940+ with footprint in all our major offices in each region. Teams include the Index Investments teams as well as additional teams within BGM which provide quantitative models to support internal funds and develop analytical tools to support client and product teams.
This opportunity will give successful candidates a chance to be involved in shaping product strategy and design, navigate markets, and learn about the liquid investment ecosystem, as well as the day-to-day management disciplines of any successful business.
PORTFOLIO MANAGEMENT
Apply now - New York, New York
Apply now – San Francisco, California
Portfolio Management Group (PMG) is uniquely crafted to deliver outstanding outcomes, better returns, increased convenience and improved transparency for our clients by building investment quality and efficient portfolios.
PMG - Multi-Asset Strategies & Solutions (MASS)
MASS is an investment team that delivers the scale and capabilities of BlackRock to clients across asset classes, products, services and solutions. We are the investment group at the heart of BlackRock’s portfolio construction, asset allocation and active management ecosystem.
PMG - Systematic
BlackRock Systematic, also known as systematic investing or quantitative investing, emphasizes data-driven insights, scientific testing of investment ideas and advanced computer modeling techniques to construct portfolios. This approach combines the power of big data, data science and human expertise to engineer better portfolio outcomes.
PMG - Fundamental Equities
The Fundamental Equities team manages equity portfolios using a fundamental, research-driven approach. This team focuses on identifying and investing in companies with strong growth potential, solid financials and attractive valuations.
PMG - Core
Core serves as the central leadership and coordination team for BlackRock's Portfolio Management Group. PMG brings together BlackRock's active investment businesses across Fundamental and Systematic investing, including Fixed Income, Equities, Multi-Asset Strategies, and the BlackRock Investment Institute. PMG Core helps drive strategic priorities, operational discipline, talent management, cross-platform collaboration, innovation, and risk management to support the delivery of long-term investment results for clients.
QUANTITATIVE INVESTING
Apply now – New York, New York
Apply now – San Francisco, California
We are looking for the next generation of quantitative investors. We offer a range of opportunities, spanning quantitative research, portfolio management, product strategy and investment technology.
BlackRock Systematic is one of the largest quantitative investment managers in the world, with over $200bn in assets under management and 35+ years of systematic investing experience. We manage hedge funds, long-only active products and outcome-focused portfolios across a wide range of asset classes, geographies and time horizons.
We are constantly evolving to sustain our leadership position in quantitative investing – searching to unlock new opportunities presented by emerging technologies in machine learning and artificial intelligence paired with big(ger) data. We are a pioneer in sustainable investing, a leader in cutting-edge quantitative techniques, and passionate about delivering creative investment solutions for our diverse client base.
Our team spans 200+ professionals from an array of professional, academic and cultural backgrounds, speaks 25+ different languages and collaborates across our San Francisco, New York and London offices. The team’s curiosity, diversity and ingenuity drive innovation and insight with the goal of delivering investment returns for clients.
Client & Product
SALES & RELATIONSHIP MANAGEMENT - INSTITUTIONAL & WEALTH
SpiderRock
SpiderRock is a leading provider of options-based investment solutions and risk management strategies for wealth management clients. As part of BlackRock's U.S. Wealth Advisory business, SpiderRock specializes in customized options overlay strategies designed to help advisors and investors manage downside risk, generate income, and improve tax efficiency. The team combines deep derivatives expertise, advanced analytics, and innovative technology to deliver personalized investment solutions that address complex portfolio needs.
This function is known for:
- Creating, communicating and delivering investment solutions for our clients worldwide while also developing marketing strategies for new business growth – including cultivating relationships with key distributors of our investment products
- Being a fast-paced, high-visibility environment where our work covers some of the most important and strategic relationships for the firm
Technology
ANALYTICS & MODELING
Apply now – New York, New York
Apply now – San Francisco, California
Aladdin Financial Engineering
We research, develop and implement innovative quantitative models used to assess financial risk across fixed income, equities, derivatives and alternative products through our proprietary technology, Aladdin. We also provide risk management and tailored advice to drive better business and investment outcomes.
Teams you may be considered for:
- Quantitative Research and Modeling: We are responsible for all analytics and analytics technology developed and deployed into the Aladdin ecosystem. We support and evolve over 200 analytics models spanning single security, securitized products, portfolio construction, portfolio risk, performance attribution, trading and liquidity, energy and climate, and ML/Gen AI model suites.
- Applied Analytics:
- Portfolio Analytics Group: Develop fit-for-purpose solutions for Investment and Client Businesses utilizing Aladdin models and latest quantitative techniques to bring value to the best client of Aladdin – BlackRock.
BlackRock is proud to be an equal opportunity workplace in compliance with the U.S. federal contractor program. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC's Know Your Rights poster. (opens in new window).
BlackRock is committed to full inclusion of all qualified individuals and to providing reasonable accommodations or job modifications for individuals with disabilities. If reasonable accommodation/adjustments are needed throughout the employment process, please email Disability.Assistance@blackrock.com. All requests are treated in line with our privacy policy.
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