2027 Quantitative Research Summer Internship

About the Role

Lazard is one of the world’s preeminent financial advisory and asset management firms, with a close, collaborative community of just over 3,000 professionals globally. The Quantitative Research Team at Lazard Asset Management applies advanced statistical and computational techniques to address real-world investment challenges, combining cutting-edge quantitative methods with deep market insights. Our 10-week internship is designed for rising undergraduate juniors interested in a career in quantitative research. You’ll work directly with investment professionals on impactful projects, gain mentorship, and access industry veterans in a supportive, global environment.

Responsibilities

• Develop and enhance quantitative models to support investment decisions.
• Analyze large datasets to uncover actionable insights.
• Collaborate with portfolio managers, researchers, and developers to solve complex investment problems.
• Present findings and recommendations to team members and stakeholders.

Requirements

• Rising undergraduate junior, graduating in 2029.
• Ability to start the internship on June 7, 2027, and end on August 13, 2027.
• Ability to be in NYC for the duration of the internship.
• Authorization to work in the United States without visa sponsorship.

Qualifications

• Undergraduate major in mathematics, statistics, physics, electrical engineering, computer science, economics, or related fields.
• Familiarity with Machine Learning algorithms and NLP techniques.
• Experience with programming, especially in Python, for data processing and analysis.
• Strong foundation in statistics and data analysis.
• Familiarity or experience with generative AI tools (e.g., ChatGPT, Copilot, Claude, or similar).

Skills

• Excellent logical reasoning and problem-solving capabilities.
• Strong communication skills, including the ability to present complex concepts clearly.
• Ability to work effectively in a fast-paced, collaborative environment.
• Intellectual curiosity and eagerness to learn.
• Passion for quantitative research and financial markets.

Pay

Pro-rated base annual salary of $90,000.

Note: Applications will be reviewed on a rolling basis.