Quant jobs / AQR Capital Management

AQR Arbitrage – 2027 Research Summer Analyst

A summer research role at AQR Arbitrage, which manages merger arbitrage, convertible arbitrage and event-driven portfolios. Analysts support research, trade ideas and risk management.

What you’d work on

Our reading of the posting: what a new hire in this role would most likely spend their first months on.

Build data sets for new arbitrage and event-driven research
Test hypotheses with statistical and economic analysis
Develop tools to streamline portfolio management
Study academic theory behind arbitrage strategies

What they ask for

Required

Problem solving and quantitative skills
Programming, Python preferred
Communication and attention to detail
Ability to work independently and in a team
Multi-tasking against deadlines

Education: Undergraduate or graduate student; no specific subject stated.
Experience: Students; no professional experience stated.
Languages and tools: Python
Markets: equities, credit, multi-asset

How to prepare

Study merger arbitrage spreads and deal-risk pricing
Learn how convertible arbitrage works
Build an event data set and run a small event study
Practise writing Python tools for portfolio analysis

What to study

The Quantitative Researcher roadmap sets out the stages for this kind of role, with free resources for each.

Open the roadmap

Apply

Read the full posting on AQR Capital Management’s site before applying: requirements, location and pay can change after we check them.

View the posting on AQR Capital Management’s site ↗

SelfMadeQuant wrote this summary from the employer’s public posting, last checked 6 November 2026. SelfMadeQuant isn’t affiliated with AQR Capital Management and doesn’t handle applications.