STEM OPT Biotech Jobs
Biotech roles in research, drug development, clinical operations, and bioinformatics qualify for the 24-month STEM OPT extension when your degree falls under an eligible CIP code. Your employer must be enrolled in E-Verify, and you'll need a signed I-983 training plan before your extension begins.
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Get Access To All JobsINTRODUCTION
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
BASIC 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 QUALIFICATIONS
- 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.
COMPENSATION
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.
INTRODUCTION
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
BASIC 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 QUALIFICATIONS
- 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.
COMPENSATION
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.
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Get Access To All JobsTips for Finding STEM OPT Authorization in Biotech
Verify your CIP code before applying
Check your degree's Classification of Instructional Programs code against the STEM Designated Degree Program List published by USCIS. Biochemistry, molecular biology, and biomedical engineering degrees each carry distinct CIP codes, and your DSO must confirm eligibility before filing.
Confirm E-Verify enrollment before accepting offers
Ask your recruiter for the employer's E-Verify company ID or have them pull the participation certificate from the E-Verify portal. Biotech startups and contract research organizations frequently miss this requirement, so verify before you negotiate terms.
Map your role to O*NET before outreach
Look up your target job title on O*NET to confirm it falls under a STEM-classified SOC code. Biotech roles like Research Scientist or Bioinformatics Analyst qualify; roles with a general management focus often don't, regardless of the employer's industry.
Build your I-983 training plan with your hiring manager
Draft your training objectives, learning goals, and supervision structure with your direct manager before your start date. USCIS requires the I-983 to connect your daily work to your STEM degree field, so vague job descriptions create compliance risk at the six-month and annual evaluations.
Search Migrate Mate for E-Verify confirmed biotech employers
Use Migrate Mate to filter biotech job listings by employers with confirmed E-Verify enrollment and STEM OPT hiring history. This cuts the time you'd otherwise spend researching each company's compliance status individually.
File your STEM OPT extension at least 90 days early
Submit your I-765 extension application to USCIS no later than 90 days before your initial OPT expires. If your receipt notice arrives before expiration and your application is pending, your work authorization continues automatically under cap-gap rules.
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Find Biotech JobsFrequently Asked Questions
Which biotech roles qualify for the STEM OPT extension?
Roles must require and directly apply your STEM degree. Qualifying biotech positions include Research Scientist, Bioprocess Engineer, Bioinformatics Analyst, Clinical Research Associate, and Regulatory Affairs Specialist tied to a life sciences degree. Roles classified under a STEM SOC code on O*NET and supported by a verifiable degree-to-job connection are eligible. General project management or business development roles at biotech companies typically don't qualify without a strong technical connection to your field of study.
Does every biotech employer sponsor STEM OPT?
No. The employer must be enrolled in E-Verify, but enrollment is voluntary for most private employers unless they hold federal contracts. Many biotech startups and smaller contract research organizations aren't enrolled. Before accepting an offer, ask the employer to confirm active E-Verify participation. If they aren't enrolled, they must enroll before you can begin working under the STEM OPT extension. Migrate Mate filters listings by employers with confirmed E-Verify status so you can focus on compliant opportunities.
What does the I-983 training plan require for a biotech role?
The I-983 must detail how your daily work connects to your STEM degree field, identify your supervisor, outline your learning objectives, and specify how your employer will evaluate your progress. For biotech roles, this means mapping tasks like assay development, data analysis, or regulatory submissions to the coursework and skills from your degree program. Your employer and DSO both sign the form, and USCIS expects updates at the six-month and annual intervals throughout your extension period.
What happens to my work authorization if my H-1B is selected in the lottery while I'm on STEM OPT?
If your employer files an H-1B petition on your behalf and it's selected, cap-gap protection extends your STEM OPT work authorization through September 30 of that fiscal year, even if your EAD expires before then. Your employer must file before your OPT ends for cap-gap to apply. If the H-1B isn't selected, you remain on STEM OPT for its remaining duration. Confirm with your DSO that your SEVIS record reflects the cap-gap extension so your employer's records stay current.
Can a biotech staffing agency or contract research organization sponsor my STEM OPT?
Yes, but the agency or CRO must be enrolled in E-Verify, and the placement site where you physically work does not need to be your employer of record for STEM OPT purposes. However, USCIS requires that the staffing agency, not the client site, sign the I-983 as your employer and take responsibility for your training goals and evaluations. Some agencies are unfamiliar with this requirement, so confirm before signing a contract that they're prepared to fulfill the I-983 obligations.
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