2027 Quantitative Masters Internship Program - Investments - Portfolio Management - San Francisco

About the role

Quantitative Master’s Internship 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.

Portfolio Management Group (PMG) is uniquely crafted to deliver outstanding outcomes, better returns, increased convenience and improved transparency for clients by building investment quality and efficient portfolios.

Teams you may be considered for:

• BlackRock Systematic – systematic/quantitative investing using data‑driven insights, scientific testing, and advanced computer modeling.
• PMG – Fundamental Equities – manages equity portfolios using a fundamental, research‑driven approach focused on companies with strong growth potential, solid financials and attractive valuations.
• PMG – Core – central leadership and coordination team for BlackRock's Portfolio Management Group, driving strategic priorities, operational discipline, talent management, cross‑platform collaboration, innovation, and risk management.

Guidance on AI use for candidates: BlackRock encourages thoughtful use of AI to learn and prepare, but during the interview process the focus is on your own experiences, thinking, and judgment. Resources are provided to help you use AI appropriately during hiring.

About BlackRock: At BlackRock, we are all connected by one mission – to help more people experience financial well‑being. Our clients save for retirement, pay for education, buy homes and start businesses. Their investments strengthen the global economy by supporting businesses, financing infrastructure, and facilitating innovation. This mission is enabled by our investment in employees, creating an environment where colleagues feel welcomed, valued and supported.

Skills

• Passion for investing and interest in markets and portfolio management
• Coding & programming skills (Python or similar)
• Analytical approach and critical thinking
• Ability to distill and communicate large amounts of information succinctly
• Research, problem‑solving and critical thinking skills
• Team player
• Effective communication skills, both written and verbal, with the ability to constructively debate and challenge ideas
• Ability and willingness for continued learning
• Technical curiosity
• Curiosity, critical thinking, learning agility, and sound judgement in technology‑enabled decision making, coupled with an enthusiasm for AI, emerging technologies, and continuous innovation

Responsibilities

• Contributing to the work of the team and meeting members across various sectors through departmental meetings and group training sessions
• Access to senior leaders across Portfolio Management
• Departmental investment strategy meetings and debrief sessions to ask questions in small group settings

Benefits

• Strong retirement plan
• Tuition reimbursement
• Comprehensive healthcare
• Support for working parents
• Flexible Time Off (FTO)

Pay

Salary Range (Semi‑Monthly Rate) – Investments: $6,500 – $8,500 (for San Francisco, CA and New York, NY locations).

Schedule

Hybrid work model: employees are required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to role responsibilities.