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Quantitative analyst internship education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a quantitative analyst internship. Quantitative analyst interns usually study finance, mathematics, or economics. 58% of quantitative analyst interns hold a bachelor's degree, and 37% hold an master's degree. We analyzed 906 real quantitative analyst internship resumes to see exactly what quantitative analyst internship education sections show.

The most common colleges for quantitative analyst interns are the Teachers College of Columbia University and the Teachers College of Columbia University.

There are also many online quantitative analyst internship courses to help get the education required to be a quantitative analyst internship.

What education do you need to become a quantitative analyst internship?

What degree do you need to be a quantitative analyst internship?

The most common degree for quantitative analyst interns is bachelor's degree, with 58% of quantitative analyst interns earning that degree. The second and third most common degree levels are master's degree degree at 37% and master's degree degree at 3%.
  • Bachelor's, 58%
  • Master's, 37%
  • Doctorate, 3%
  • High School Diploma, 0%
  • Other Degrees, 2%

What should I major in to become a quantitative analyst internship?

You should major in finance to become a quantitative analyst internship. 28% of quantitative analyst interns major in finance. Other common majors for a quantitative analyst internship include mathematics and economics.

Most common colleges for quantitative analyst interns

Quantitative analyst interns often get their degrees at Teachers College of Columbia University, University of Chicago, and Carnegie Mellon University. Here are the most common colleges for quantitative analyst interns in the US based on their resumes.
Quantitative analyst internship common collegePercentages
Teachers College of Columbia University14.11%
University of Chicago11.66%
Carnegie Mellon University9.20%
New York University7.98%
Boston University6.75%

Best majors for quantitative analyst interns

RankMajorPercentages
1Finance27.7%
2Mathematics14.7%
3Economics10.0%
4Statistics8.8%
5Applied Mathematics8.5%

Best colleges for quantitative analyst interns

The best colleges for quantitative analyst interns are Northwestern University, Carnegie Mellon University, and Johns Hopkins University.

A quantitative analyst internship with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for quantitative analyst interns. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become quantitative analyst interns.

1. University of Notre Dame

Notre Dame, IN • Private

In-state tuition

$53,391

Enrollment

8,568

2. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

3. Carnegie Mellon University

Pittsburgh, PA • Private

In-state tuition

$55,465

Enrollment

6,483

4. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

5. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

6. Johns Hopkins University

Baltimore, MD • Private

In-state tuition

$53,740

Enrollment

5,567

7. Massachusetts Institute of Technology

Cambridge, MA • Private

In-state tuition

$51,832

Enrollment

4,550

8. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

9. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

10. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

20 best online courses for quantitative analyst interns

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Master Python Programming Fundamentals and Harness the Power of ML to Solve Real-World Practical Applications in Finance...

6. Investment Banking: The Complete Financial Ratio Analysis

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Investment Banking For Investors & Financial Analysts - How to Perform Financial Statement Analysis & Company Valuation...

7. Investment Analysis & Portfolio Management - Core Finance

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8. Quantitative Finance & Algorithmic Trading in Python

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16. Fundamental Analysis. Understanding Financial Statements

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18. Complete Python and Machine Learning in Financial Analysis

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Top 10 most affordable universities for quantitative analyst interns

The most affordable schools for quantitative analyst interns are Baruch College of the City University of New York, university of florida, and california state university - long beach.

If the best universities for quantitative analyst interns are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for quantitative analyst interns.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

3. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

4. Hunter College of the City University of New York

New York, NY • Private

In-state tuition

$7,182

Cost of attendance

13,998

5. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

6. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

7. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

8. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

9. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

10. Queens College of the City University of New York

Queens, NY • Private

In-state tuition

$7,338

Cost of attendance

14,281

Top 10 hardest universities to get into for quantitative analyst interns

The hardest universities for quantitative analyst interns to get into are Northwestern University, Carnegie Mellon University, and Johns Hopkins University.

Some great schools for quantitative analyst interns are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for quantitative analyst interns based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

3. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

4. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

5. University of Notre Dame

Notre Dame, IN • Private

Admissions rate

18%

SAT average

1,502

6. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

7. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

8. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

9. Emory University

Atlanta, GA • Private

Admissions rate

19%

SAT average

1,449

10. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

Top 10 easy-to-apply-to universities for quantitative analyst interns

The easiest schools for quantitative analyst interns to get into are University of Houston - Downtown, kean university, and university of the incarnate word.

Some schools are much easier to get into. If you want to start your career as a quantitative analyst internship without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for quantitative analyst interns.

1. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

2. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

3. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

4. San Francisco State University

San Francisco, CA • Private

Admissions rate

72%

SAT average

1,054

5. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

6. Rutgers, The State University of New Jersey - Camden

Camden, NJ • Private

Admissions rate

71%

SAT average

1,086

7. William Paterson University of New Jersey

Wayne, NJ • Private

Admissions rate

93%

SAT average

994

8. The University of Texas at El Paso

El Paso, TX • Private

Admissions rate

100%

SAT average

1,035

9. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

10. University of North Texas at Dallas

Dallas, TX • Private

Admissions rate

83%

SAT average

992

Average quantitative analyst internship salary by education level

Quantitative analyst interns with a Doctorate degree earn more than those without, at $141,815 annually. With a Master's degree, quantitative analyst interns earn a median annual income of $122,092 compared to $106,633 for quantitative analyst interns with an Bachelor's degree.
Quantitative analyst internship education levelQuantitative analyst internship salary
Master's Degree$122,092
Bachelor's Degree$106,633
Doctorate Degree$141,815

Quantitative analyst internship education FAQs

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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