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Internship Machine Learning Jobs in Illinois (NOW HIRING)

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Internship Machine Learning information

See Illinois salary details

$24.7K

$41.3K

$85.3K

How much do internship machine learning jobs pay per year?

As of Aug 8, 2026, the average yearly pay for internship machine learning in Illinois is $41,265.00, according to ZipRecruiter salary data. Most workers in this role earn between $31,500.00 and $44,600.00 per year, depending on experience, location, and employer.

What is the difference between Internship Machine Learning vs Data Science Intern?

AspectInternship Machine LearningData Science Intern
Required CredentialsBasic programming, introductory ML knowledgeStatistics, programming, data analysis basics
Work EnvironmentHands-on ML model development, codingData analysis, visualization, reporting
Industry UsageTech, AI companies, research labsBusiness, finance, healthcare sectors

Internship Machine Learning focuses on developing and implementing machine learning models, requiring programming and ML fundamentals. Data Science Internships involve analyzing data, creating reports, and supporting decision-making. Both roles are common in tech and research industries, but ML internships are more specialized in model building, while Data Science internships emphasize data analysis and visualization.

What are the key skills and qualifications needed to thrive as an internship machine learning?

To thrive as a Machine Learning Intern, you generally need a solid grounding in mathematics, programming (especially Python), and familiarity with machine learning concepts, often supported by coursework or relevant projects. Experience with tools and libraries like TensorFlow, scikit-learn, and Jupyter Notebooks, as well as knowledge of version control systems like Git, is typically expected. Strong problem-solving skills, willingness to learn, and effective communication set outstanding interns apart. These skills and qualities enable interns to contribute meaningfully to projects, adapt quickly, and collaborate well within technical teams.

What is an internship machine learning?

Internship machine learning positions are temporary roles for students or recent graduates to gain hands-on experience in the field of machine learning. Interns typically work on real-world projects involving data analysis, model development, and algorithm implementation under the guidance of experienced professionals. These internships provide valuable exposure to machine learning tools, programming languages such as Python, and industry best practices. They are an excellent way to build technical skills, enhance your resume, and explore career opportunities in artificial intelligence and data science.

What types of projects can I expect to work on during a machine learning internship?

As a Machine Learning intern, you may work on a variety of projects such as data preprocessing and cleaning, developing and testing machine learning models, or assisting with research experiments. These projects often involve collaborating closely with data scientists and engineers, learning to use popular frameworks like TensorFlow or PyTorch, and presenting your findings to the team. The scope and complexity of your assignments will typically grow as you demonstrate proficiency and initiative, providing valuable real-world experience and networking opportunities.
What are the most commonly searched types of Machine Learning jobs in Illinois? The most popular types of Machine Learning jobs in Illinois are:
What are popular job titles related to Internship Machine Learning jobs in Illinois? For Internship Machine Learning jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Internship Machine Learning jobs in Illinois look for? The top searched job categories for Internship Machine Learning jobs in Illinois are:
Internship Machine Learning jobs near you
Infographic showing various Internship Machine Learning job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 19% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 2% Hybrid, and 11% Remote job distribution, with an average salary of $41,265 per year, or $19.8 per hour.

Machine Learning Research Intern - Summer 2027 - Chicago

IMC

Chicago, IL

$300K/yr

Full-time, Temporary, Internship

PTO

Re-posted 7 days ago

Job description

Our Machine Learning Internship is designed for curious, ambitious researchers who want to apply machine learning to complex, real-world problems. Over 10-12 weeks, you'll work alongside experienced researchers and mentors to develop models, analyze large-scale datasets, and contribute to research that informs IMC's trading strategies across global equities, futures, and options markets. You'll gain hands-on experience designing experiments, evaluating novel approaches, and tackling challenging problems in a collaborative, fast-paced environment where your work can have real-world impact.

Throughout the program, you'll deepen your understanding of quantitative trading through a combination of classroom and on desk training, while benefiting from professional development and networking opportunities. We offer a highly competitive compensation package, including travel and accommodation. High-performing interns may be considered for a full-time Graduate Researcher position upon graduation.

YOUR CORE RESPONSIBILITIES:

  • Conduct hands-on research to design, develop, and apply original machine learning algorithms, with the support to explore and innovate.
  • Analyze large-scale datasets, develop predictive models, and evaluate novel approaches to complex market problems
  • Develop your research skills through hands-on project work, mentorship, and regular feedback from experienced researchers
  • Enhance your understanding of quantitative trading through classroom-based instruction in options theory, market making, and related topics

YOUR SKILLS AND EXPERIENCE:

  • Pursuing a PhD in Machine Learning, Computer Science, Electrical Engineering, Mathematics, Statistics, Physics, or a related quantitative field and graduating between September 2027 - July 2028
  • Strong foundations in machine learning, probability, and statistics, with experience applying advanced ML techniques to solve challenging research or real-world problems
  • Demonstrated hands-on research experience in deep learning fundamentals such as neural network architectures, sequence modeling, training dynamics, or optimization
  • Proficiency in Python and modern machine learning frameworks such as PyTorch, Tensorflow, and/or JAX
  • Demonstrated research excellence through publications, preprints, research internships, or significant research projects; publications at venues such as NeurIPS, ICML, ICLR, or equivalent conferences are highly preferred
  • 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: $300,000

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