Role Overview
T. Rowe Price is hiring a entry-level Biotech Associate. This is a full-time role in Baltimore. The posted range is $130k to $180k. Full responsibilities, required qualifications, and the apply link are listed in the description below.
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Job Description
At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.
We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.
Join us for the opportunity to grow and make a difference in ways that matter to you.
Role Summary
- Diverse responsibilities on the biotechnology investment team, including analyzing preclinical and clinical data across all therapeutic areas, accessing market potential, and developing financial models
- Opportunities to interact with company management teams (CEOs, CMOs, CSOs etc.), domain experts as well as attending medical conferences
- Expected to provide investment insights and impact the investment process for both public and private biotechnology companies
- Daily opportunity to learn directly from our senior investment professionals
- Exceptional performers have potential to be promoted to Equity Research Analyst
- Competitive compensation with significant upside potential for high performers
Qualifications
Required:
- Strong academic background and intellectual curiosity, Ph.D. or M.D. with scientific research experience
- Highly motivated, confident self-starter with ability to work independently and as part of a team
- Excellent communication skills (verbal and written)
Preferred
- Basic understanding of fundamental drug development research and preclinical / clinical data analysis
- Basic understanding of financial modeling
FINRA Requirements
FINRA licenses are not required and will not be supported for this role.
Work Flexibility
This role is eligible for hybrid work, with up to one day per week from home.
Base Salary Ranges
Please review the job posting for the location of this specific opportunity.
$130,000.00-$180,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$130,000.00-$180,000.00 for the location of: Washington, D.C.
$130,000.00-$180,000.00 for the location of: New York, California
Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.
Commitment to Diversity, Equity, and Inclusion
At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.
Benefits
We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.
Featured employee benefits to enrich your life:
- Competitive compensation
- Annual bonus eligibility
- A generous retirement plan
- Hybrid work schedule
- Health and wellness benefits, including online therapy
- Paid time off for vacation, illness, medical appointments, and volunteering days
- Family care resources, including fertility and adoption benefits
Learn more about our benefits.
T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.
Frequently Asked Questions
How do I apply for the Biotech Associate position at T. Rowe Price?
Use the Apply button above to submit your application directly to T. Rowe Price. Most applications take less than 5 minutes if your resume and contact details are ready, and you'll be routed to the employer's official application system to finish.
Where is the Biotech Associate position at T. Rowe Price located?
This position is based in Baltimore. T. Rowe Price has not indicated remote or hybrid options for this role, so candidates should plan for on-site work.
How much does the Biotech Associate role at T. Rowe Price pay?
T. Rowe Price has posted a compensation range of $130k to $180k for this position. Final offers typically vary based on candidate experience, location, and internal salary bands.
When was the Biotech Associate role at T. Rowe Price posted?
This role was posted on April 10, 2026 (59 days ago). It's still listed as actively hiring; we re-confirm openings against the source system multiple times per day and remove closed roles.
Is the Biotech Associate role at T. Rowe Price entry-level?
Yes. This is an entry-level position. Strong candidates typically have 0-2 years of relevant work experience, internships, or significant project work. Read the full description for any specific qualification requirements T. Rowe Price has listed.
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