2025 Quantitative FI Investing Internship Program

Quantitative Fixed Income Investing Internship Program   

For 80 years, T. Rowe Price has changed the investment management industry by delivering world-class service and guidance to individuals and institutions around the globe.  Our shared values enable us to create a dynamic workplace that cultivates high achievement from diverse professionals in a variety of disciplines.  Built on a tradition of integrity, we are committed to our clients and employees and focused on sustained growth and success. 

The T. Rowe Price 10-week Summer Internship Program offers an opportunity to gain valuable work experience while building skills and long-term career potential. Through teamwork, innovative thinking and application of your skills, you can add value in various ways to our organization and the clients we support. You will have the opportunity to collaborate with the Fixed Income Quantitative Investments & Research team, which supports the expansion of the research group’s analytical capabilities and activities. You will engage in analytical and quantitative projects alongside practitioners in the field who are forward-thinking, passionate people that will help you integrate what you learn in school with “real world” business initiatives. 

The program includes a formal orientation, peer and senior mentor assignments, and formal learning opportunities.  In addition to the work assignments within the assigned department, Interns also gain exposure to Associates and senior leaders across the firm through an executive speaker series, networking activities, and engagement with our Business Resource Groups.   

You will be placed into the Fixed Income Quantitative Investments & Research department for the duration of the 10-week program with exposure to a variety of areas:   

• Systematic and tactical alpha models  

• Quantitative trade idea generation  

• Optimization & Portfolio Construction 

• QM Portfolio Management  

• Analytical and Quantitative Research Projects 

FINRA licenses are not required and will not be supported for this role. 

Required Qualifications 

• Full time student pursing a master’s degree in a quantitative field with and expected graduation date of December 2025 – May/June 2026 

• Demonstrated programming skills or aptitude, especially with R, MATLAB, Python and object-oriented programming. 

• Intellectual curiosity or knowledge of investments, portfolios, and quantitative analysis 

• Minimum GPA: 3.5 Overall  

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Opportunities are available in Baltimore, MD.