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Machine Learning Research Intern Jobs in Park Ridge, IL

IMC Trading

Machine Learning Research Lead

Chicago, IL · On-site

IMC Trading is a global trading firm seeking a Machine Learning Research Lead with proven experience in applying advanced machine learning techniques to enhance trading performance. The role involves ...

IMC

Machine Learning Research Lead

Chicago, IL · On-site

IMC Trading is seeking a Machine Learning Research Lead with proven experience applying state-of-the-art machine learning to solve challenging trading problems. This role will drive the development ...

IMC

Machine Learning Research Lead

Chicago, IL · On-site

$250K - $300K/yr

IMC Trading is seeking a Machine Learning Research Lead with proven experience applying state-of-the-art machine learning to solve challenging trading problems. This role will drive the development ...

Akuna Capital

Quantitative Research Intern

Chicago, IL · On-site

$130K/yr

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 ...

DRW

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 ...

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Machine Learning Research Intern information

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$25.1K

$41.9K

$86.6K

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

As of Aug 7, 2026, the average yearly pay for machine learning research intern in Park Ridge, IL is $41,902.00, according to ZipRecruiter salary data. Most workers in this role earn between $32,000.00 and $45,300.00 per year, depending on experience, location, and employer.

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 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 job categories do people searching Machine Learning Research Intern jobs in Park Ridge, IL look for? The top searched job categories for Machine Learning Research Intern jobs in Park Ridge, IL are:
What cities near Park Ridge, IL are hiring for Machine Learning Research Intern jobs? Cities near Park Ridge, IL with the most Machine Learning Research Intern job openings:
Machine Learning Research Intern jobs near you

Machine Learning Research Intern - Summer 2027 - Chicago

IMC

Chicago, IL • On-site

$300K/yr

Full-time, Temporary, Internship

PTO

Re-posted 6 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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