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Data Science Internships Jobs in Raleigh, NC (NOW HIRING)

The Data Science & Risk team serves as a central quantitative hub, partnering with all investment ... Prior internship or project experience in finance, asset management, or a related quantitative ...

Degree in Information Technology, Cybersecurity, Computer Science, or related field (or equivalent ... Prior internship, academic project, or entry-level experience in security or compliance is a plus.

... interns, and the quality control team-needed to oversee statistical and analytical data analysis ... Bachelor's Degree (Engineering/Computer Science preferred but not required); or equivalent ...

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Data Science Internships information

See Raleigh, NC salary details

$20.8K

$102.3K

$196.2K

How much do data science internships jobs pay per year?

As of Jun 15, 2026, the average yearly pay for data science internships in Raleigh, NC is $102,323.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,462.00 and $148,853.00 per year, depending on experience, location, and employer.

What is a Data Science Internship?

A Data Science Internship is a temporary position where students or recent graduates gain hands-on experience in data analysis, machine learning, and statistical modeling. Interns typically work with real-world datasets, build predictive models, and assist in data-driven decision-making processes. They may use programming languages like Python or R, tools such as SQL, and visualization libraries to communicate insights. This role helps develop technical and analytical skills while providing exposure to industry practices.

What are the key skills and qualifications needed to thrive in the Data Science Internships position, and why are they important?

To excel in Data Science Internships, a solid understanding of statistics, programming (often in Python or R), and data analysis is typically required, often supported by progress toward a degree in a related field. Familiarity with tools like SQL, Jupyter notebooks, data visualization libraries, and sometimes cloud platforms or machine learning frameworks is common. Strong problem-solving abilities, attention to detail, and effective communication skills help interns succeed in team environments. These skills enable interns to analyze real-world datasets, communicate findings clearly, and contribute meaningful insights to organizational projects.

What kinds of projects or tasks do Data Science Interns typically work on?

Data Science Interns usually assist with tasks such as data cleaning and preprocessing, exploratory data analysis, developing and testing predictive models, and creating data visualizations to help teams make informed decisions. Interns often collaborate closely with data scientists, engineers, and business analysts, allowing them to contribute to larger, real-world projects while learning best practices. Daily responsibilities might also include attending team meetings, presenting results to stakeholders, and documenting their work. This hands-on experience allows interns to apply academic knowledge, build a professional portfolio, and prepare for future opportunities in the field.

What are the most commonly searched types of Data Science Internships jobs in Raleigh, NC? The most popular types of Data Science Internships jobs in Raleigh, NC are:
What cities near Raleigh, NC are hiring for Data Science Internships jobs? Cities near Raleigh, NC with the most Data Science Internships job openings:
Infographic showing various Data Science Internships job openings in Raleigh, NC as of June 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution, with an average salary of $102,323 per year, or $49.2 per hour.
Quantitative Associate

$125K - $140K/yr

Other

Medical, Dental, Retirement

Posted 20 hours ago


Duke University rating

6.5

Company rating: 6.5 out of 10

Based on 54 frontline employees who took The Breakroom Quiz

438th of 537 rated colleges and universities


Job description

Be You. Be Bold. Choose Duke.   Be You.
DUMAC is the investment office that manages a multi-billion dollar global portfolio on behalf of Duke University and other pools of capital. Our mission is to provide critical financial support to the university for professorships, student scholarships, and pioneering research. The Data Science & Risk team serves as a central quantitative hub, partnering with all investment groups to drive data-informed decision-making, enhance portfolio construction, and manage risk.
 
DUMAC is seeking a highly motivated and intellectually curious Quantitative Associate/Analyst to join our Data Science & Risk team. This role is designed to provide deep, cross-functional exposure to all aspects of institutional investing. You will work on high-impact projects that span our Public, Private, and Direct investment portfolios, as well as our back-office operations.
This position offers a robust training ground for a career in quantitative finance and asset management, with the potential for long-term advancement within the organization for exceptional performers. You will be a key contributor to the team, bringing fresh perspectives and technical skills to solve complex investment challenges.

 

  Minimum Qualifications Education

Work requires communications and analytical skills generally acquired through completion of a bachelor's degree program. An MBA and CFA are preferred.

  Experience

Work requires experience in research and financial analysis, generally acquired through two years of related experience. OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

    Be Bold. What You'll Do:
  • Analyze and model portfolio exposures, performance, and risk across a diverse range of asset classes.
  • Develop quantitative models to assess investment manager factor exposures and identify drivers of return.
  • Contribute to private asset cash flow forecasting and pacing models to inform portfolio construction and liquidity management.
  • Research, develop, and backtest systematic investment strategies in collaboration with investment teams.
  • Explore and implement AI/ML techniques to enhance investment decision-making and optimize operational workflows.
  • Design, build, and maintain interactive dashboards and visualizations to communicate complex data and insights to stakeholders across the organization.
  • Collaborate with investment professionals and operational teams (Finance, Legal) on a variety of cross-functional projects.
  What We're Looking For
  • Bachelor's or Master's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, Engineering, or Mathematics.
  • A demonstrated passion for investing and a strong desire to learn about financial markets.
  • Strong proficiency in R or Python for data analysis, modeling, and automation.
  • Excellent communication skills with the ability to articulate complex technical concepts to non-technical audiences.
  • An independent thinker with a proactive mindset and a high degree of intellectual curiosity.
  • Experience building dashboards and data visualizations using tools like R Shiny, Python Dash, Tableau, or Power BI.
  • Familiarity with financial markets, different asset classes, and investment concepts is a plus, but not required.
  • Prior internship or project experience in finance, asset management, or a related quantitative field for Quantitative Analyst; 3-5-year relevant work experience for Quantitative Associate.
  • Exposure to machine learning libraries (e.g., scikit-learn, TensorFlow, PyTorch) and techniques.
  • Experience with database querying (e.g., SQL).
    Choose Duke.   Why Join DUMAC?
  • Impact: Play a critical role in supporting the mission of a world-class university.
  • Exposure: Gain unparalleled experience across public and private markets, working directly with seasoned investment professionals.
  • Growth: Join a collaborative, mentorship-driven environment with a clear path for professional development and learning.
  • Culture: Be part of a dynamic, intellectually stimulating team that sits at the intersection of technology and finance.

Anticipated Pay Range: Duke University provides an annual base salary range for this position as USD $125,000.00 to USD $140,000.00. Duke University considers factors such as (but not limited to) scope and responsibilities of the position; candidate's work experience, education/training, and key skills; internal peer equity; as well as market and organizational considerations when extending an offer.


Your total compensation goes beyond the dollars on your paycheck. Duke provides comprehensive and competitive medical and dental care programs, generous retirement benefits, and a wide array of family-friendly and cultural programs to eligible team members. Learn more at: https://hr.duke.edu/benefits/


Equal Opportunity Employer: Duke is an Equal Opportunity Employer committed to providing employment opportunity without regard to an individual's age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex (including pregnancy and pregnancy- related conditions), sexual orientation, or military status.


Duke aspires to create a community built on collaboration, innovation, creativity, and belonging. Our collective success depends on the robust exchange of ideas-an exchange that is best when the rich diversity of our perspectives, backgrounds, and experiences flourishes. To achieve this exchange, it is essential that all members of the community feel secure and welcome, that the contributions of all individuals are respected, and that all voices are heard. All members of our community have a responsibility to uphold these values.


Essential Physical Job Functions:
Certain jobs at Duke University and Duke University Health System may include essential job functions that require specific physical and/or mental abilities. Additional information and reasonable accommodation(s) can be requested with Duke Access and Accommodations Services (email: DAAS@duke.edu; phone: 919-668-1267).

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About Duke University

Sourced by ZipRecruiter

Duke is regarded as one of America's leading research universities. Located in Durham, North Carolina, Duke is positioned in the heart of the Research Triangle, which is ranked annually as one of the best places in the country to work and live. Duke has more than 15,000 students who study and conduct research in its 10 undergraduate, graduate, and professional schools. With about 40,000 employees, Duke is the third largest private employer in North Carolina, and it now has international programs in more than 150 countries.

Industry

Colleges, universities, and professional schools and hospitals

Company size

10,000+ Employees

Headquarters location

Durham, NC, US