2027 Quantitative Masters Internship Program - Investments - Global Capital Markets - San Francisco

Location: San Francisco, CA

About this role

Quantitative Master’s Internship Program

This program mirrors the MBA Internship but is tailored for master’s students in quantitative disciplines – giving you the same exposure and impact, with a focus on advanced analytics and problem-solving.

Eligibility: Students enrolled in analytics, computational finance, financial engineering, mathematics and/or a quantitative-disciplined master’s program and graduating between September 2027 and July 2028 with relevant pre-master’s work experience

BlackRock Global Markets and Index Investments (BGM) brings together BlackRock’s Index Investments, Markets, Liquidity & Financing, and Platform & Strategy businesses.

Together, we provide clients with superior market access and index investment outcomes through:

World class talent, operating at the intersection of investment insight, markets expertise, risk management and process design

Technology at the heart of our processes, with in-business tech teams that create cutting-edge IP, providing an advantage in quality, scale, and risk control

A focus on transforming markets, driving and advocating for more accessible, resilient, and transparent markets to deliver more choice and lower costs for investors

We are a global team of 940+ with footprint in all our major offices in each region. Teams include the Index Investments teams as well as additional teams within BGM which provide quantitative models to support internal funds and develop analytical tools to support client and product teams.

This opportunity will give successful candidates a chance to be involved in shaping product strategy and design, navigate markets, and learn about the liquid investment ecosystem, as well as the day-to-day management disciplines of any successful business.

What capabilities are we looking for?

Strong analytical and critical thinking skills

Intellectual curiosity and a self-starter mindset

Strong communication and presentation skills

Collaborative and detail-oriented

Resourcefulness and initiative

Basic to intermediate coding and programming skills

Critical thinking

Comprehension skills

Ability to thrive in fast-paced environments

For technical roles: Proficient in Python. Basic SQL is a plus

Business, Finance, Math, Economics or another analytical major preferred Curiosity, critical thinking, learning agility, and sound judgement in technology-enabled decision making, coupled with an enthusiasm for AI, emerging technologies, and continuous innovation

For San Francisco, CA and New York, NY only: The salary ranges for these positions are below. Please note, salary rates for a role are determined by department or team within a Business Area, as well as location of the role.

Salary Range (Semi-Monthly Rate)

Investment: $6,500 – $8,500

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

Guidance on AI use for candidates

At BlackRock, AI has long been part of how we work – enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we’ve provided guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being.  Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

To learn more about BlackRock, please visit Careers.BlackRock.com. We also encourage you to get to know us on LinkedIn, Instagram, YouTube, X, and TikTok.

BlackRock is proud to be an equal opportunity workplace. We are committed to equal employment opportunity to all applicants and existing employees, and we evaluate qualified applicants without regard to race, creed, color, national origin, sex (including pregnancy and gender identity/expression), sexual orientation, age, ancestry, physical or mental disability, marital status, political affiliation, religion, citizenship status, genetic information, veteran status, or any other basis protected under applicable federal, state, or local law. View the EEOC’s Know Your Rights poster and its supplement and the pay transparency stateme