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Internship Engineering Economics Jobs (NOW HIRING)

Chubb

Actuarial Intern

Philadelphia, PA · On-site

$23 - $27/hr

Engineering; Economics or Finance with a Mathematics foundation. * Strong GPA, 3.0 or higher ... internship is $23 to $27 per hour. The specific offer will depend on an applicant's skills and ...

Coty

DRP Intern

Cedar Brook, NJ · On-site

$15.25 - $19.75/hr

Students/graduates of higher education studies (Mathematics, Physics, Engineering, economics ... Our internship program is our most valuable source of talent. * Constant support of a buddy and ...

Coty

DRP Intern

Cedar Brook, NJ

$15.25 - $19.75/hr

Students/graduates of higher education studies (Mathematics, Physics, Engineering, economics ... Our internship program is our most valuable source of talent. * Constant support of a buddy and ...

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How much do internship engineering economics jobs pay per hour?

As of Jun 8, 2026, the average hourly pay for internship engineering economics in the United States is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $20.91 per hour, depending on experience, location, and employer.

What is an Internship in Engineering Economics?

An Internship in Engineering Economics is a temporary position, often for students or recent graduates, where individuals gain practical experience applying economic principles to engineering projects. Interns typically work alongside professionals to analyze costs, assess project feasibility, and support decision-making processes in areas like budgeting, resource allocation, and financial planning. This role helps interns develop analytical, problem-solving, and communication skills that are valuable in both engineering and business contexts. The experience is designed to bridge the gap between academic knowledge and real-world applications in the engineering industry.

What is the difference between Internship Engineering Economics vs Engineering Analyst?

AspectInternship Engineering EconomicsEngineering Analyst
Required CredentialsTypically pursuing or recent graduate in engineering, economics, or related fieldsBachelor's or master's in engineering, economics, or related disciplines
Work EnvironmentInternship setting, often in corporate or consulting firmsFull-time professional role in engineering or consulting firms
Employer & Industry UsageUsed by companies for training and talent development in engineering/economics sectorsUsed for analyzing engineering projects, cost assessments, and economic evaluations

Internship Engineering Economics focuses on providing practical experience to students or recent graduates in applying economic principles to engineering projects. In contrast, an Engineering Analyst is a full-time professional responsible for detailed analysis, cost evaluation, and economic decision-making in engineering contexts. While internships are temporary learning roles, Engineering Analysts hold ongoing positions with greater responsibilities.

What types of projects or tasks can I expect to work on during an Engineering Economics internship?

As an Engineering Economics intern, you'll typically assist with analyzing the financial aspects of engineering projects, such as cost estimation, budgeting, and economic feasibility studies. Your daily responsibilities may include collecting and interpreting data, preparing reports, and supporting senior engineers or analysts in decision-making processes. You may also collaborate with multidisciplinary teams to evaluate investment options and optimize resource allocation. This hands-on experience is designed to help you develop both technical and analytical skills while gaining insight into how economic principles guide engineering decisions.

What are the key skills and qualifications needed to thrive as an Internship Engineering Economics, and why are they important?

To thrive as an Engineering Economics Intern, you need a solid foundation in engineering principles, mathematics, and basic economic analysis, typically supported by progress toward a relevant engineering or economics degree. Familiarity with analytical tools like Excel, MATLAB, or project management software, as well as exposure to cost estimation and financial modeling, is advantageous. Strong problem-solving abilities, attention to detail, and effective communication help interns contribute meaningfully to project teams and analyses. These skills ensure accurate economic evaluations and support sound decision-making in engineering projects.
What cities are hiring for Internship Engineering Economics jobs? Cities with the most Internship Engineering Economics job openings:
What are the most commonly searched types of Engineering Economics jobs? The most popular types of Engineering Economics jobs are:
What states have the most Internship Engineering Economics jobs? States with the most job openings for Internship Engineering Economics jobs include:
Internship Engineering Economics jobs near you

Mechanical Engineering Internship - Fall 2026

Varda Space Industries

El Segundo, CA

$33/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 15 days ago

Job description

About Varda
Low Earth orbit is open for business. Varda is accelerating the development of commercial space infrastructure, from in-orbit pharmaceutical processing to reliable and economical reentry capsules.
From life-saving pharmaceuticals to more powerful fiber optics, there is a world of products used on Earth today that can only be manufactured in space. Varda is accelerating innovation in the orbital economy by creating both the products and infrastructure needed so space can directly benefit life on Earth. Our mission is to expand the economic bounds of humankind.
Our team is uniquely suited to accomplishing this goal, with leadership and staff comprised of veterans from SpaceX, Blue Origin, major pharmaceutical companies and Silicon Valley. Varda was founded in January 2021 by Will Bruey and Delian Asparouhov with significant backing from world class investors including Khosla Ventures, Lux Capital, Founders Fund, Caffeinated Capital, General Catalyst, and Also Capital.
Varda is headquartered in El Segundo, California, where we have offices and a production facility where our vehicles, equipment, and materials are built, integrated, and tested. Varda also has offices in Washington, DC and Huntsville, AL.
Join Varda, and work to create a bustling in-space ecosystem.
About This Role
Fall internships will range between the months of August and December. All dates dependent upon the university schedule of the selected students. Internships are full-time and on-site in Los Angeles, CA. To be considered for this internship, candidates must be actively enrolled in an accredited undergraduate or graduate degree program.
The Varda Mechanical Engineering Internship provides an opportunity to work on critical spaceflight hardware and ground support systems, contributing directly to our in-space manufacturing and reentry missions. Interns will join a fast-paced team environment, collaborating on design, analysis, and test efforts for both flight and non-flight hardware.
Internships at Varda are optimal for students looking to grow technically and professionally while working on impactful projects critical to the company's success. You will be working on a collaborative team in a startup environment while being able to learn from some of most accomplished and experienced aerospace professionals in the world. We're dedicated to providing an experience that will let your decisions and contributions help drive Varda's success.
Responsibilities
  • Contribute to the design and development of spacecraft hardware or ground support equipment (MGSE)
  • Support test campaign planning and execution, including test stand design and data analysis
  • Create CAD models, detailed drawings, and perform basic engineering analysis (FEA, thermal, etc.)
  • Participate in design reviews and collaborate with multidisciplinary teams to meet hardware requirements
  • Perform hands-on fabrication tasks or support machining operations when needed

Basic Qualifications
  • Currently enrolled in a bachelor's degree program in Engineering or Physics (Mechanical, Aerospace, or related field)
  • Strong understanding of core engineering concepts, with completed coursework in:
    • Statics
    • Dynamics
    • Mechanics of Materials
    • Thermodynamics or Heat Transfer
  • Experience using engineering tools such as CAD (e.g., NX), MATLAB, and/or LabVIEW
  • Proven ability to own and deliver a technically complex project, preferably in a team setting (e.g., FSAE, senior design, rocket team, etc.)
  • Strong written and verbal communication skills and ability to thrive in a team-oriented environment

Preferred Skills And Experience
  • Junior or Senior academic standing
  • Previous internship or co-op experience in a technical role
  • Experience with fabrication or machining (manual or CNC)
  • Familiarity with NX, GD&T, Femap/Nastran, or similar engineering tools
  • Background in space systems, spacecraft structures, or aerospace manufacturing processes
  • Demonstrated success in technical extracurriculars (e.g., Rocket Club, Formula SAE, etc.)

Projects You May Work On
Intern projects will be tailored to company needs and student skillsets closer to the start date. Typical projects include:
  • Mechanical Ground Support Equipment (MGSE) design
  • Tooling design and fabrication support
  • Test setup development and execution
  • Flight hardware upgrades and modifications
  • Generative design applications for spacecraft components

Compensation
  • Hourly Rate: $33.00
  • Housing stipend for interns relocating to the area
  • Commuter benefit to support local transportation

ITAR Requirements
  • Varda, like all employers, must ensure that its employees working in the United States are lawfully authorized to work in the U.S. Additionally, our employees are exposed to and have access to certain export-controlled items. At present, some of our technology to which employees have access requires a license to be exported to individuals other than "U.S. Persons" as defined in U.S. export regulations. Because our employees are provided access to export-controlled items, our current policy is to only hire "U.S. persons" who are permitted to have access to our technology without an export license.
    "US person" means: U.S. citizen, U.S. lawful permanent resident, or protected individual as defined by 8 U.S.C. 1324b(a)(3) (i.e., individual admitted to the U.S. as a refugee or granted asylum in the U.S.)
    Learn more about the ITAR here.
Benefits
  • Exciting team of professionals at the top of their field working by your side
  • Equity in a fully funded space startup with potential for significant growth (interns excluded)
  • 401(k) matching (interns excluded)
  • Unlimited PTO (interns excluded)
  • Health insurance, including Vision and Dental
  • Lunch and snacks provided on site every day. Dinners provided twice a week.
  • Maternity / Paternity leave (interns excluded)

Varda Space Industries is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Candidates and employees are always evaluated based on merit, qualifications, and performance. We will never discriminate on the basis of race, color, gender, national origin, ethnicity, veteran status, disability status, age, sexual orientation, gender identity, martial status, mental or physical disability, or any other legally protected status.
E-Verify Statement
Varda Space Industries, Inc. participates in the U.S. Department of Homeland Security E-Verify program. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.
E-Verify Notice Right To Work Notice
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