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Algorithms Intern Jobs in Illinois (NOW HIRING)

Using statistical models and machine learning to develop trading algorithms. * Leveraging big data ... Available to intern during Summer 2026 * Open to full-time opportunities upon graduation in 2027 or ...

Using statistical models and machine learning to develop trading algorithms. * Leveraging big data ... Available to intern during Summer 2026 * Open to full-time opportunities upon graduation in 2027 or ...

Quantitative Research Intern

Chicago, IL · On-site

$250K - $300K/yr

As a Quantitative Research Intern you will have an opportunity to solve challenging problems arising in a trading environment while utilizing the latest statistical scientific algorithms, machine ...

As a Software Developer Intern , you will build advanced trading and risk applications leveraging ... Have strong understanding of object-oriented design, data structures, and algorithms * An eagerness ...

Showing results 21-40

Algorithms Intern information

What are the key skills and qualifications needed to thrive as an algorithms intern?

To thrive as an Algorithms Intern, you need a solid foundation in mathematics, data structures, and algorithm design, often supported by coursework in computer science or a related field. Familiarity with programming languages such as Python, C++, or Java, along with experience using version control systems like Git, is typically required. Strong problem-solving abilities, analytical thinking, and effective communication skills help you collaborate and present solutions clearly. These competencies are crucial for developing efficient algorithms and contributing meaningfully to technical projects.

What does an algorithms intern do?

An Algorithms Intern assists with the research, development, and optimization of algorithms used in various software or engineering applications. Their work often involves analyzing data, implementing algorithmic solutions, and testing their performance under different conditions. Interns may collaborate with more experienced engineers or researchers to solve real-world problems, contribute to ongoing projects, and document their findings. This role is ideal for students or recent graduates with strong backgrounds in mathematics, computer science, or related fields.

What is the difference between Algorithms Intern vs Data Science Intern?

AspectAlgorithms InternData Science Intern
Required CredentialsUndergraduate or graduate in CS, Math, or related fieldsUndergraduate or graduate in Data Science, Statistics, or related fields
Work EnvironmentTech companies, research labs, startupsTech companies, finance, healthcare, research institutions
Employer & Industry UsageFocus on algorithm development, optimization, and implementationFocus on data analysis, modeling, and insights generation

Algorithms Interns typically focus on developing and optimizing algorithms, often requiring strong programming and mathematical skills. Data Science Interns work on analyzing data, building models, and deriving insights. While both roles involve programming and statistical knowledge, Algorithms Interns are more specialized in algorithm design, whereas Data Science Interns focus on data analysis and interpretation.

What types of projects or tasks can I expect to work on as an algorithms intern?

As an Algorithms Intern, you will typically be involved in solving real-world problems by developing, optimizing, and testing algorithms under the guidance of experienced engineers or researchers. Your daily tasks may include analyzing data sets, prototyping new approaches, benchmarking algorithm performance, and collaborating with cross-functional teams such as software engineers and data scientists. You may also participate in code reviews and present your findings to the team, gaining hands-on experience in both independent and collaborative work environments.
What cities in Illinois are hiring for Algorithms Intern jobs? Cities in Illinois with the most Algorithms Intern job openings:

Software Engineer, Intern (Summer 2027)

Aquatic Capital Management

Chicago, IL

Temporary, Internship

Re-posted 9 days ago


Job description

As a Software Engineering Intern at Aquatic, you will join a fast-moving team building high-performance, distributed systems that power our research and trading infrastructure. You'll work closely with experienced engineers and quants to design tools, improve system reliability, and optimize our platform for low-latency, high-throughput data processing. This is a hands-on, impactful role-your work will directly influence live systems and research workflows.

Requirements:

  • Active student pursuing a BS, MS, or PhD in mathematics, statistics, machine learning, physics, computer science, or other scientific disciplines with an expected graduation date between Fall 2027 and Summer 2028.
  • Solid programming skills in Python and/or C++
  • Strong understanding of algorithms, systems, and computer architecture
  • Curiosity about how things work, and a desire to build systems that do things better
  • Ability to thrive in a collaborative, fast-paced environment
  • Learn software design and testing techniques, such as Refactoring and Test Driven Development

Candidate qualities: 

  • Strong bias for action
  • Driven by accountability and internal urgency
  • Desire to independently seek best solutions
  • Preference for working in a team that focuses on delivering results aligned with Research goals
  • Comfortable providing and receiving actionable feedback in a collaborative team setting
  • Motivated by an ambitious environment and driven colleaguesÂ