AQR Capital Management interns typically earn an estimated average of $86 per hour.
A Look at Intern Compensation at AQR
Internship compensation at leading financial firms like AQR Capital Management is often competitive, reflecting the demanding nature of the roles and the high caliber of candidates they seek. For interns at AQR, the estimated hourly wage is significantly robust, indicating a strong commitment to attracting top talent even at the entry-level.
Based on available data, the average hourly pay for an intern at AQR Capital Management is estimated to be around $86. This figure represents a competitive rate within the financial industry, particularly for quantitative research and investment management firms.
To put this into perspective, it's insightful to compare intern compensation with other roles within the company. For example, a Portfolio Implementation role at AQR has an estimated average hourly pay of approximately $59. This comparison highlights that AQR values its intern contributions highly, offering a compensation package that is not only competitive but also potentially higher than some full-time, non-intern roles.
Understanding Estimated Pay Rates
It's important to note that these figures are estimates and can vary based on several factors, including:
- Specific role within the internship program: While a general "Intern" category exists, specialized roles (e.g., quantitative research, software engineering, investment analyst) might have slightly different compensation structures.
- Location: Compensation can be influenced by the cost of living and market rates in different geographical locations where AQR operates offices.
- Candidate's qualifications: While less common for hourly intern pay, exceptional skills or prior experience might occasionally influence offers.
Here's a summary of the estimated hourly pay for these roles:
Role | Estimated Average Hourly Pay |
---|---|
Intern | $86 |
Portfolio Implementation | $59 |
These compensation details provide valuable insight for students and early-career professionals considering an internship at AQR Capital Management. The attractive hourly rate underscores the firm's reputation as a desirable employer for those looking to gain experience in quantitative finance. For more salary insights, you can often find aggregated data on platforms like Glassdoor.