How to hire a research analyst internship

How to hire a research analyst internship, step by step

Here's a step-by-step research analyst internship hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a research analyst internship job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new research analyst internship
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   Before you start hiring a research analyst internship, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A research analyst internship's background is also an important factor in determining whether they'll be a good fit for the position. For example, research analyst interns from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   Here's a comparison of research analyst internship salaries for various roles:

   Type of Research Analyst Internship	Description	Hourly rate
   Research Analyst Internship	Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.	$15-39
   Analyst	Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes... Show more	$25-47
   Summer Analyst	Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information... Show more	$20-49

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Data Entry
   • Market Research
   • R
   • Data Analysis
   • Research Reports
   • Portfolio
   • VBA
   • SPSS
   • Due Diligence
   • SQL
   • Research Projects
   • PowerPoint
   • Financial Models
   • Stata

   Check all skills

   Responsibilities:

   • Manage existing client relationships and provide support during origination process which improve overall customer relations.
   • Develop SAS script that collect all previously separate processes used in creating customer retention strategies.
   • Assimilate consumption-based planning and analysis; review in-depth data on business performance analytics for insight into specific network programming trends.
   • Use Bloomberg terminal to check and report various information.
   • Calculate float to fix swap derivatives manually in excel spreadsheets, demonstrating graduate level financial markets acumen.
   • Cataloge and describe structured derivative products for international bank clients -assist in customer relations, customer acquisition in Spanish and English.

3. Make a budget

   Including a salary range in your research analyst internship job description is one of the best ways to attract top talent. A research analyst internship can vary based on:

   • Location. For example, research analyst interns' average salary in hawaii is 52% less than in new jersey.
   • Seniority. Entry-level research analyst interns 61% less than senior-level research analyst interns.
   • Certifications. A research analyst internship with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a research analyst internship's salary.

   Average research analyst internship salary

   $52,068yearly

   $25.03 hourly rate

   ---

   Entry-level research analyst internship salary

   $32,000 yearly salary

   Updated December 21, 2025

4. Writing a research analyst internship job description

   A research analyst internship job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. To help get you started, here's an example of a research analyst internship job description:

   Research analyst internship job description example

   Founded more than 15 years ago and headquartered in Chicago, the DV Group of financial services firms has grown to more than 350 people operating throughout North America and in Europe. Since spinning out of a large brokerage firm in 2016, DV Trading has rapidly scaled as an independent proprietary trading firm utilizing its own capital, trading strategies, and risk management methodologies to provide liquidity to worldwide financial markets and hedging opportunities to commodity producers and users. Now, DV group affiliates include two broker dealers, a cryptocurrency market making firm, and a bourgeoning investment adviser.

   We invest in exceptional individuals and empower them to realize their goals and make a lasting positive impact on our organization. Engaging a diverse group of talented people from different cultural, socioeconomic, and educational backgrounds helps provide us with a competitive advantage that drives our success.

   What will the role entail?

   • As an intern, you will work directly alongside a head futures and cryptocurrency trader on a trading desk as a primary research analyst
   • Conduct research and statistical analysis to identify actionable market behavior and develop/back test trading strategies
   • Identify and analyze financial/events/information that will have an impact to the team
   • You will develop an in-depth knowledge of the trading industry and financial markets

   Qualifications

   • Bachelors or Masters degree in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field
   • Strong academic background in statistical modeling
   • Demonstrated intermediate-level experience with either R or Python programming languages
   • Excellent analytical skills, with strong attention to detail
   • Self-motivated, enjoy challenges and significant responsibility, and thrive in fast paced, competitive environments
   • Strong written and verbal communication skills

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right research analyst internship for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your research analyst internship job on Zippia to find and attract quality research analyst internship candidates.
   • Use niche websites such as swipe files, exit five, marketinghire, american marketing association.
   • Post a job on free websites.

6. Interview candidates

   To successfully recruit research analyst interns, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

   You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new research analyst internship

   Once you have selected a candidate for the research analyst internship position, it is time to create an offer letter. In addition to salary, the offer letter should include details about benefits and perks that are available to the employee. Ensuring your offer is competitive is vital, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and it is important to be open to discussion and reach a mutually beneficial agreement. After the offer has been accepted, it is a good idea to formalize the agreement with a contract.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   After that, you can create an onboarding schedule for a new research analyst internship. Human Resources and the hiring manager should complete Employee Action Forms. Human Resources should also ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc., and that new employee files are created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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