Quantitative Research Intern (BS/MS) - Summer 2027
Chicago, ILFull-time$250K/yrPosted 4mo agoStill listed today
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At a glance
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Job overview
The 10-week internship offers experience as a Quant Researcher at IMC. Interns work with a mentor to explore research ideas and build analysis tools that may be deployed into production. The program includes instruction in options theory, research development, professional development, and cohort events. Interns who meet performance expectations may have the opportunity to secure a full-time Graduate Quant Researcher position after the program.
Skills & qualifications
Skills
Qualifications
Benefits
Full job description
Our 10-week internship is your chance to experience life as a Quant Researcher at IMC. You will work alongside your mentor to explore new research ideas and build custom analysis tools that may be deployed into production. Throughout the summer, there will be opportunities to enhance your knowledge of options theory, market making, algorithm complexity and trades analysis. We provide a highly competitive compensation package with accommodations included. The bar for talent at IMC is high and interns who meet our performance expectations will have the opportunity to secure a full time Graduate Quant Researcher position at the end of the program. Where you go from here is up to you!
Your Core Responsibilities:
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Team up with Quant Researchers to work on real projects that have potential to impact our business
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Enhance your understanding of options theory through classroom-based instruction
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Develop your research skills with support and feedback from a dedicated mentor and intern lead
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Build valuable connections in an environment that recognizes and rewards problem solving, innovation and teamwork
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Engage in professional development sessions aimed at helping you envision your future at IMC
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Attend a full-schedule of events and social activities to get to know your cohort and current employees
Your Skills & Experience:
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Current university student graduating between September 2027 – July 2028 that is pursuing a Bachelor’s or Master’s degree in Mathematics, Engineering, Statistics, Physics, Computer Science, or another highly quantitative field
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Superior numerical, analytical, and critical thinking skills
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Has a passion for research and solving complex problems
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A creative thinker who is driven, resilient, and eager to develop trading intuition
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Experience in a programming language (Python, C, C++) is highly desired
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Must be able to start internship in-person on June 7, 2027
You may submit one application per role each year. We strongly encourage you to focus on applying to a single role that best matches your skills and interests. Though you may apply to multiple roles, please note that each application will be evaluated based on the specific criteria established for that particular role. If you have already applied for this position during the current recruitment season and were not selected, you may reapply when the next recruitment season begins in 2027.
The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.
Base Salary: $250,000 About Us
IMC is a research-driven trading firm where quantitative modeling, machine learning, and engineering shape how modern markets are traded. A stabilizing force in markets since 1989, we provide liquidity across trading venues, delivering the best outcome in value and risk management to investors. Using our own technology and capital, we build proprietary systems and algorithms that operate across global markets. Our researchers, traders, and engineers work as a collective, combining rapid experimentation, advanced infrastructure, and real-time feedback to turn insight into execution and execution into advantage.
How this job compares
Set against the 521 open Research Intern jobs on Olive Jobs, counted November 4, 2026.
- Pay
- This posting$250K/yr
- US median$118–157K/yr71 salary ranges
This rate, $250K, is 82% above the US median midpoint ($138K) — in the top quarter of Research Intern salary ranges across the US.
- Openings
- Olive Jobs lists 521 open Research Intern jobs across the US. Under 1% of them nationwide are listed as remote or flexible.
- Hiring the most across the US
- Google44 open
- Noblis43 open
- MIT Lincoln Laboratory39 open
- Experience
- Research Intern postings that state a minimum ask for 1 year of experience at the median; the middle half ask for 1 to 2 years (20 postings).
- Education
- 236 of the 521 open Research Intern jobs (45%) ask for a bachelor's degree or higher.
Counted across the open, public US postings on Olive Jobs on November 4, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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