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Internship Research Assistant Machine Learning Jobs in Illinois

IMC

Machine Learning Researcher

Chicago, IL · On-site

... machine learning & deep learning to solve challenging trading problems ... This role is part of a central ML research team that collaborates across trading teams at IMC. The ...

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Internship Research Assistant Machine Learning information

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

AspectInternship Research Assistant Machine LearningResearch Assistant Data Science
Required CredentialsUndergraduate or graduate in CS, AI, or related fieldsUndergraduate or graduate in CS, Statistics, or related fields
Work EnvironmentAcademic labs, research institutions, tech companiesAcademic institutions, research centers, industry
Employer & Industry UsageUniversities, research firms, tech companies focusing on AI/MLUniversities, research organizations, data-driven industries
Common Search & ComparisonYesYes

The Internship Research Assistant Machine Learning and Research Assistant Data Science roles share similarities in educational background and work environments. However, the Machine Learning position emphasizes AI and ML-specific skills, while Data Science focuses more on statistical analysis and data management. Both roles are common in academic and industry settings, often compared by students and professionals exploring research opportunities in data-driven fields.

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For Internship Research Assistant Machine Learning jobs in Illinois, the most frequently searched job titles are:

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Cities in Illinois with the most Internship Research Assistant Machine Learning job openings:

Internship Research Assistant Machine Learning jobs near you

Machine Learning Research Intern - Summer 2027 - Chicago

IMC

Chicago, IL

$300K/yr

Full-time, Temporary, Internship

PTO

Re-posted 29 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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