Quant Researcher Summer Internship

Lazard is one of the world’s leading financial advisory and asset management firms. Our people make the difference. With just over 3,000 employees, our tight-knit community allows for professionals eager to learn (and willing to teach) to connect and grow together. We believe that diversity, equity, inclusion, and allyship are not just business imperatives — they are central pillars of our employee experience. Our entrepreneurial culture and flat structure allow creative ideas and original concepts to drive our business forward — and for careers to take flight.

Many of the world’s leading investors — from individuals to institutions across the globe — have entrusted their money with Lazard Asset Management (“LAM”). We pride ourselves in uncovering the best investment opportunities for our clients. The purpose of our asset management business is to help our clients invest for the future — whether it’s for retirement, to grow and preserve inter-generational wealth, or to benefit organizations that make our world smarter, healthier, and more sustainable.

The Quantitative Research Team at Lazard Asset Management applies advanced statistical and computational techniques to address real-world investment challenges. We combine cutting-edge quantitative methods with deep market insights to drive better investment outcomes for our clients.

What We Offer

• Real-World Experience: Work on actual investment problems with measurable impact.
• Mentorship: Collaborate closely with a mentor dedicated to your development.
• Access to Experts: Engage with industry veterans and thought leaders who bring decades of experience.
• Collaborative Environment: Experience the collegiality of a small team within a global organization.
• Professional Growth: Develop technical, analytical, and interpersonal skills that are foundational for a career in finance or quantitative research.

During your internship, we’ll trust you to:

• 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.

We’re Looking For:

• Highly motivated students with strong quantitative and analytical skills who are excited to apply their expertise to finance.
• Undergraduate, Master’s, or PhD students majoring in mathematics, statistics, physics, electrical engineering, computer science, economics, or related fields.
• Excellent logical reasoning and problem-solving capabilities.
• Experience with programming, especially in Python, for data processing and analysis.
• Strong foundation in statistics and data analysis.
• Ability to work effectively in a fast-paced, collaborative environment.
• Strong communication skills, including the ability to present complex concepts clearly.
• Intellectual curiosity and eagerness to learn.
• Passion for quantitative research and financial markets.

To be qualified, you will need:

• An expected graduation date no earlier than December 2025 and no later than May 2027
• Ability to work in the United States without visa sponsorship
• Ability to work in our office (in Boston) without relocation support
• Ability to start the internship in person on 6/2/2025, and end 8/8/2025

Note, we will review applications on a rolling basis.

Inclusion at Lazard

Lazard is an intellectual capital business focused on delivering the best advice and solutions to clients. Achieving these objectives requires us to identify, develop and retain the best talent. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.

Our appreciation of diversity’s strength is ingrained in our multicultural heritage. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respect for individual differences, which has been core to our success for 175 years.

The ongoing cultivation of an inclusive culture are essential to our continued growth. We are committed to sustaining an environment in which all employees – regardless of socioeconomic status, race, ethnicity, nationality, religion, gender, gender expression, sexual orientation, physical abilities, veteran or military status – can maximize their individual potential, as well as our collective success.