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Machine Learning Research Intern Jobs in Illinois

What you'll do as a Quantitative Research Intern at Akuna: Akuna's Quant team is looking to add ... Develop trading strategies using statistical and machine learning algorithms. * Design and ...

Quantitative Research Intern

Chicago, IL · On-site

$250K - $300K/yr

As a Quantitative Research Intern you will have an opportunity to solve challenging problems ... Formulate and apply mathematical modeling, quantitative methods and machine learning techniques to ...

As a Quantitative Research Intern, you will work side-by-side with our Research Team of ... Using statistical models and machine learning to develop trading algorithms. * Leveraging big data ...

As a Quantitative Research Intern, you will work side-by-side with our Research Team of ... Using statistical models and machine learning to develop trading algorithms. * Leveraging big data ...

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

New

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

New

Machine Learning Intern

Chicago, IL · On-site

$27 - $42/hr

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

New

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

New

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

New

To that end, there are three major components with which an intern should expect to engage ... research and exploration, development, deployment, support Using correct model selection and ...

New

... 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 ...

Responsibilities : • Design and deploy machine learning models to enhance trading performance across various asset classes • Research, test and prototype new algorithmic ideas; deploy advanced ML ...

Showing results 21-40

Machine Learning Research Intern information

See Illinois salary details

$7

$22

$56

How much do machine learning research intern jobs pay per hour?

As of Aug 17, 2026, the average hourly pay for machine learning research intern in Illinois is $22.40, according to ZipRecruiter salary data. Most workers in this role earn between $14.18 and $26.01 per hour, depending on experience, location, and employer.

What does a machine learning research intern do?

A Machine Learning Research Intern assists in the development, implementation, and evaluation of machine learning models and algorithms under the supervision of experienced researchers. They often preprocess data, run experiments, analyze results, and contribute to research papers or technical reports. Interns also stay up to date with the latest advancements in machine learning, participate in team meetings, and sometimes help in coding or optimizing existing models. This role provides hands-on experience in applying theoretical knowledge to real-world problems and prepares interns for careers in AI research or development.

What are the key skills and qualifications needed to thrive as a machine learning research intern?

To thrive as a Machine Learning Research Intern, you need a strong foundation in mathematics, statistics, programming (especially Python), and an understanding of machine learning algorithms, typically supported by ongoing or completed studies in computer science or related fields. Familiarity with technical tools such as TensorFlow, PyTorch, scikit-learn, and experience with data analysis libraries are commonly required. Curiosity, problem-solving ability, and effective communication skills help interns stand out by enabling them to collaborate, share insights, and adapt to new research challenges. These skills ensure interns can contribute meaningfully to research projects, quickly learn new techniques, and effectively communicate their findings.

What are some typical challenges faced by machine learning research interns during their projects?

Machine Learning Research Interns often encounter challenges such as dealing with limited or messy datasets, tuning complex model architectures, and balancing innovative research with practical implementation. Additionally, they may need to quickly familiarize themselves with unfamiliar frameworks or tools and effectively communicate technical findings to both technical and non-technical team members. Successfully navigating these challenges can provide valuable learning experiences and help interns build strong problem-solving skills for future roles.

What cities in Illinois are hiring for Machine Learning Research Intern jobs?

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

Infographic showing various Machine Learning Research Intern job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 22% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $46,585 per year, or $22.4 per hour.

Quantitative Research Intern

Akuna Capital

Chicago, IL • On-site

$130K/yr

Other

Re-posted 27 days ago


Job description

About Akuna:

Akuna Capital is an innovative trading firm with a strong focus on collaboration, cutting-edge technology, data driven solutions, and automation. We specialize in providing liquidity as an options market-maker – meaning we are committed to providing competitive quotes that we are willing to both buy and sell. To do this successfully, we design and implement our own low latency technologies, trading strategies and mathematical models.

Our Founding Partners first conceptualized Akuna in their hometown of Sydney. They opened the firm’s first office in 2011 in the heart of the derivatives industry and the options capital of the world – Chicago. Today, Akuna is proud to operate from additional offices in Sydney, Shanghai, London, and Singapore. 

What you’ll do as a Quantitative Research Intern at Akuna:

Akuna’s Quant team is looking to add Quant Research Interns to a team of mathematicians, statisticians and technologists for our 10-week Akunacademy internship program in our Chicago office. This team creates trading strategies scientifically by combining its quantitative expertise with sophisticated understanding of derivatives and financial markets.

We are looking for talented researchers who can apply and develop machine learning algorithms to contribute to Akuna’s strategy portfolio. In this role you will:

  • Develop trading strategies using statistical and machine learning algorithms.
  • Design and implement optimization algorithms for portfolio construction.
  • Develop quantitative models describing market behavior.
  • Advance existing initiatives and explore opportunities for new research topics.

Qualities that make great candidates:

  • Pursuing a bachelor’s, masters or PhD in Statistics, Computer Science, Engineering, Mathematics (or a related subject)
  • Expertise in statistics and machine learning
  • Experience building mathematical models for complex real-world problems
  • Intermediate programming skills in Python 
  • The ability to react quickly and accurately to rapidly changing market conditions, including the ability to quickly and accurately respond and/or solve math and coding problems are essential functions of the role
  • Financial experience is not a requirement
  • Must graduate by August 2027
  • GPA of 3.5 or above
  • Legal authorization to work in the U.S. is required on the first day of employment including F-1 students using CPT, OPT or STEM

**Resumes must be submitted in PDF format. 

In addition to technical skillsets, Akuna values the unique perspectives people can bring to the table to collaboratively solve complex problems and drive Akuna forward. We want everyone to feel empowered to apply. We welcome your application and encourage you to take the first steps toward your future with us!

Please note: By submitting an application for this role, you are indicating this is your top preference and acknowledge you will not be considered for other Quant and/or Tech roles at Akuna this recruiting season. This acknowledgement does not limit applications to Trading roles - in addition to this role, you may apply to any Trader roles of interest. 

In accordance with Illinois Equal Pay Act, the minimum annualized base salary starts at $130,000. Exact compensation offered may vary based on many factors including, but not limited to, the candidate’s experience, qualifications, and skill set. The minimum base salary herein was determined in good faith by Akuna Capital LLC.