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Applied Science Intern Jobs in Chicago, IL (NOW HIRING)

IMC

Quantitative Trader Intern - Summer 2027

Chicago, IL · On-site

$250K/yr

  • PTO

Mathematics, Physics, Computer Science, or Economics) * Strong analytical skills * Desire to learn ... If you have already applied for this position during the current recruitment season and were not ...

IMC

Software Engineer Intern - Summer 2027

Chicago, IL · On-site

$200K/yr

  • PTO

... Science, Engineering, or a related technology degree * Strong knowledge of algorithms and data ... If you have already applied for this position during the current recruitment season and were not ...

IMC

Software Engineer Intern - Summer 2027

Chicago, IL · On-site

$200K/yr

  • PTO

... Science, Engineering, or a related technology degree * Strong knowledge of algorithms and data ... If you have already applied for this position during the current recruitment season and were not ...

IMC

Software Engineer Intern - Summer 2027

Chicago, IL · On-site

$200K/yr

  • PTO

... Science, Engineering, or a related technology degree * Strong knowledge of algorithms and data ... If you have already applied for this position during the current recruitment season and were not ...

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Applied Science Intern information

What does an applied science intern do?

An Applied Science Intern typically works on research and development projects that involve applying scientific and quantitative methods to solve real-world problems. Their tasks may include data analysis, building machine learning models, conducting experiments, and collaborating with engineers or scientists to develop innovative solutions. Interns often gain hands-on experience with advanced technologies and tools while contributing to impactful projects within a company or research lab.

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

To thrive as an Applied Science Intern, you need a solid background in mathematics, statistics, and programming, typically supported by coursework or a degree in computer science, engineering, or a related field. Familiarity with data analysis tools (such as Python, R, or MATLAB), machine learning frameworks, and cloud platforms is often required. Strong analytical thinking, effective communication, and a willingness to learn make candidates stand out in this role. These skills are vital for contributing to research-driven projects, interpreting complex data, and collaborating efficiently with multidisciplinary teams.

What types of projects do applied science interns typically work on, and how much independence is expected?

Applied Science Interns usually contribute to research-driven projects that involve data analysis, algorithm development, or building prototypes to solve real business problems. While interns often collaborate closely with experienced scientists, they are also expected to take initiative, perform independent research, and present their findings to the team. Regular check-ins and mentorship are common, but you'll be encouraged to bring fresh ideas and drive small-scale experiments or analyses on your own. This balance of guidance and autonomy helps interns gain practical experience and prepares them for future full-time roles.

What is the difference between Applied Science Intern vs Research Intern?

AspectApplied Science InternResearch Intern
Required CredentialsTypically pursuing or holding a degree in applied sciences, engineering, or related fieldsUsually students or recent graduates in science, engineering, or related disciplines
Work EnvironmentHands-on, practical projects in labs, manufacturing, or industry settingsLaboratory, academic, or theoretical research environments
Employer & Industry UsageIndustries like manufacturing, technology, and engineering firmsUniversities, research institutes, and R&D departments

Applied Science Interns focus on applying scientific principles to real-world projects within industry settings, while Research Interns typically work on theoretical or experimental research in academic or research institutions. Both roles require a background in science or engineering but differ mainly in their work environment and project focus.

What is an applied science intern?

An applied science intern is a student or entry-level professional who works in practical scientific environments to gain experience applying scientific principles, often using tools like data analysis software or laboratory equipment. The role typically involves supporting research projects, conducting experiments, and developing technical skills relevant to the field of applied science.

What are the most commonly searched types of Applied Science jobs in Chicago, IL?

The most popular types of Applied Science jobs in Chicago, IL are:

What are popular job titles related to Applied Science Intern jobs in Chicago, IL?

For Applied Science Intern jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Applied Science Intern jobs in Chicago, IL look for?

The top searched job categories for Applied Science Intern jobs in Chicago, IL are:

Applied Science Intern jobs near you
Infographic showing various Applied Science Intern job openings in Chicago, IL as of August 2026, with employment types broken down into 33% Internship, and 67% Part Time. Highlights an 67% In-person, and 33% Remote job distribution.

Quantitative Research Intern (PhD) - Summer 2027

IMC Trading

Chicago, IL • On-site

$250K/yr

Other

PTO

Re-posted 17 hours ago

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:

  • Team up with Quant Researchers to work on real projects that have potential to impact our business
  • Enhance your understanding of options theory through classroom-based instruction
  • Develop your research skills with support and feedback from a dedicated mentor and intern lead
  • Build valuable connections in an environment that recognizes and rewards problem solving, innovation and teamwork
  • Engage in professional development sessions aimed at helping you envision your future at IMC
  • Attend a full-schedule of events and social activities to get to know your cohort and current employees

Your Skills and Experience:

  • Current university student graduating between September 2027 - July 2028 that is pursuing a PhD degree in Mathematics, Engineering, Statistics, Physics, Computer Science, or another highly quantitative field
  • Superior numerical, analytical, and critical thinking skills
  • Has a passion for research and solving complex problems
  • A creative thinker who is driven, resilient, and eager to develop trading intuition
  • Experience in a programming language (Python, C, C++) is highly desired
  • 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 global trading firm powered by a cutting-edge research environment and a world-class technology backbone. Since 1989, we’ve been a stabilizing force in financial markets, providing essential liquidity upon which market participants depend. Across our offices in the US, Europe, Asia Pacific, and India, our talented quant researchers, engineers, traders, and business operations professionals are united by our uniquely collaborative, high-performance culture, and our commitment to giving back. From entering dynamic new markets to embracing disruptive technologies, and from developing an innovative research environment to diversifying our trading strategies, we dare to continuously innovate and collaborate to succeed.

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