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Machine Learning Summer Internship Jobs in Chicago, IL

Role Summary The data science (DS) internship at Crowe follows the firmwide calendar, approximately overlapping the academic summer. DS interns will have a designated data scientist mentor and will ...

Role Summary The data science (DS) internship at Crowe follows the firmwide calendar, approximately overlapping the academic summer. DS interns will have a designated data scientist mentor and will ...

Role Summary The data science (DS) internship at Crowe follows the firmwide calendar, approximately overlapping the academic summer. DS interns will have a designated data scientist mentor and will ...

Summer Send Off. Come back to Omaha to celebrate and give back to the community. Is this internship ... During your time with us, you'll have access to learning and development live sessions, as well as ...

Role Summary The data science (DS) internship at Crowe follows the firmwide calendar, approximately overlapping the academic summer. DS interns will have a designated data scientist mentor and will ...

Role Summary The data science (DS) internship at Crowe follows the firmwide calendar, approximately overlapping the academic summer. DS interns will have a designated data scientist mentor and will ...

Role Summary The data science (DS) internship at Crowe follows the firmwide calendar, approximately overlapping the academic summer. DS interns will have a designated data scientist mentor and will ...

Summer Send Off. Come back to Omaha to celebrate and give back to the community. Is this internship ... During your time with us, you'll have access to learning and development live sessions, as well as ...

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Machine Learning Summer Internship information

See Chicago, IL salary details

$26.3K

$43.9K

$90.7K

How much do machine learning summer internship jobs pay per year?

As of Aug 26, 2026, the average yearly pay for machine learning summer internship in Chicago, IL is $43,867.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,500.00 and $47,400.00 per year, depending on experience, location, and employer.

What is a machine learning summer internship?

A Machine Learning Summer Internship is a temporary, typically 8-12 week program for students or recent graduates to gain practical experience in machine learning. Interns work under the supervision of experienced professionals, contributing to real-world projects involving data analysis, model development, and algorithm implementation. These internships often provide mentorship, networking opportunities, and exposure to the latest tools and technologies in the field. They are valuable for building technical skills and improving career prospects in artificial intelligence and data science.

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

As a Machine Learning Summer Intern, you can expect to contribute to projects such as data preprocessing, building and evaluating machine learning models, and assisting with the deployment of algorithms into production environments. Interns often work alongside data scientists and engineers on real-world datasets to solve business problems, develop prototypes, or improve existing models. This hands-on experience will help you gain practical skills in using popular ML frameworks and understanding the end-to-end machine learning workflow.

What are the key skills and qualifications needed to thrive as a machine learning summer intern, and why are they important?

To thrive as a Machine Learning Summer Intern, you need a solid background in mathematics, statistics, and programming (especially Python), often supported by ongoing coursework in computer science or related fields. Familiarity with machine learning frameworks like TensorFlow or PyTorch, version control systems such as Git, and data analysis tools is typically required. Strong problem-solving skills, curiosity, and teamwork are important soft skills that help interns contribute effectively and learn quickly. These skills and qualities are crucial for applying theoretical knowledge, collaborating on real projects, and adapting to the fast-evolving field of machine learning.

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

AspectMachine Learning Summer InternshipData Science Summer Internship
Required CredentialsBasic programming, math, and machine learning knowledgeProgramming, statistics, and data analysis skills
Work EnvironmentDeveloping ML models, algorithms, and prototypesData analysis, visualization, and reporting
Industry UsageTech companies, AI startups, research labsBusiness, finance, healthcare, tech firms

Both internships involve working with data and require programming skills, but Machine Learning Summer Internships focus on developing algorithms and models, while Data Science Summer Internships emphasize data analysis and insights. The choice depends on your interest in building models versus analyzing data.

What are the most commonly searched types of Machine Learning Summer jobs in Chicago, IL?

The most popular types of Machine Learning Summer jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Machine Learning Summer Internship jobs?

Cities near Chicago, IL with the most Machine Learning Summer Internship job openings:

Infographic showing various Machine Learning Summer Internship job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 21% Part Time, and 1% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $43,867 per year, or $21.1 per hour.

Machine Learning Research Intern - Summer 2027 - Chicago

IMC

Chicago, IL โ€ข On-site

$300K/yr

Full-time, Temporary, Internship

PTO

Re-posted 25 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.ย  We strongly encourage you to focus on applying to a single role that best matches your skills and interests.ย  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