Parametric - 2027 Investment Research Internship - (Minneapolis)

About the role

Parametric's 10-week Research Internship in Minneapolis offers current students hands-on experience supporting investment products and new product development. Interns conduct quantitative research, build models, analyze market data, and contribute to investment algorithms while collaborating with professionals across Parametric and Morgan Stanley Investment Management.

Responsibilities

• Construct and manipulate large datasets for quantitative analysis.
• Conduct back-testing and data analysis.
• Research current market trends and the market environment.
• Develop and maintain investment algorithms.
• Support investment professionals developing and maintaining models for investment strategies.
• Challenge assumptions, provide peer review, ask questions, and build consensus through debate.

Requirements

• Be pursuing a bachelor's, master's, or PhD in finance, economics, statistics, mathematics, computer science, or related fields.
• Expect to graduate between December 2027 and June 2028.
• Remain actively enrolled and return to the academic program after the internship.
• Demonstrate Excel proficiency and understanding of basic data-modeling coding languages.
• Work effectively with large datasets, independently, and as part of a team.
• Show strong verbal and written communication skills and an interest in investment markets.

Internship Experience

• Contribute to real projects supporting business objectives rather than only observing.
• Collaborate with professionals across Parametric and Morgan Stanley Investment Management.
• Attend learning sessions, networking opportunities, and professional development events.
• Complete an individual or team capstone project and present findings to business leaders.
• Gain exposure to investment management products, clients, teams, and career paths.

Work Arrangement and Logistics

• The hybrid work environment typically includes three days in the office and other days at home.
• The position is based at 3600 Minnesota Drive, Suite 200, Minneapolis.
• The internship does not provide medical benefits, relocation support, or housing support.
• Out-of-area candidates must arrange their own housing.