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Machine Learning Winter Internship Jobs in Chicago, IL

Optiver

Quantitative Intern (Summer 2027)

Chicago, IL · On-site

$70K - $88K/yr

Our internship is designed for curious problem-solvers who enjoy continuously learning. Through a combination of structured education, market simulations, and exposure to modern research and AI tools ...

Cccis

Data Science Engineer Internship

Chicago, IL

$20 - $43/hr

Interns work on real pipelines and real datasets serving the auto-insurance industry and internal ... If you have knowledge, through coursework or project work, of Python, Machine Learning, or ...

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All JobsMachine Learning Winter JobsMachine Learning Winter Internship JobsMachine Learning Winter Internship Jobs in Chicago, IL

Machine Learning Winter Internship information

See Chicago, IL salary details

$26.3K

$43.9K

$90.7K

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

As of Aug 19, 2026, the average yearly pay for machine learning winter 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 winter internship?

A Machine Learning Winter Internship is a short-term, practical training program typically offered during the winter months for students or early-career professionals interested in machine learning. Interns work on real-world projects involving data analysis, model development, and algorithm implementation under the guidance of experienced mentors. The internship provides hands-on experience with tools and techniques used in the field, helping participants build technical skills and gain industry exposure. These positions are often offered by tech companies, research labs, or startups and can be either remote or onsite. Successful completion of a machine learning internship can enhance a candidate's resume and open up further career opportunities in artificial intelligence and data science.

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

During a Machine Learning Winter Internship, you can expect to work on hands-on projects such as data preprocessing, building and evaluating machine learning models, and assisting with research experiments. Interns often contribute to real-world applications, such as developing predictive analytics tools, optimizing algorithms, or supporting deployment efforts. Collaboration is common, as you'll work closely with data scientists, engineers, and sometimes product teams, giving you exposure to the full machine learning workflow. This environment provides an excellent opportunity to apply theoretical knowledge, gain practical experience, and build a professional network in the field.

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

To thrive as a Machine Learning Winter Intern, you generally need a solid foundation in mathematics, programming (especially Python), and a basic understanding of machine learning concepts, often acquired through coursework or relevant projects. Familiarity with tools such as TensorFlow, PyTorch, and data analysis libraries like Pandas and NumPy is typically required. Strong problem-solving abilities, collaboration, and curiosity help interns stand out in team-based, fast-paced environments. These skills are crucial for effectively contributing to real-world projects and quickly learning from experienced professionals during the internship.

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

AspectMachine Learning Winter InternshipData Science Winter Internship
Required CredentialsUndergraduate or graduate in CS, AI, or related fields; some knowledge of ML frameworksUndergraduate or graduate in Statistics, Math, CS; familiarity with data analysis tools
Work EnvironmentResearch labs, tech companies, startups focusing on ML modelsData analysis, visualization, and interpretation in various industries
Employer & Industry UsageTech firms, AI startups, research institutionsTech companies, finance, healthcare, consulting

While both internships involve working with data, the Machine Learning Winter Internship emphasizes developing and applying ML algorithms, whereas the Data Science Winter Internship focuses on analyzing data, creating reports, and deriving insights. Candidates should choose based on their specific skills and career goals in AI or data analysis.

What are popular job titles related to Machine Learning Winter Internship jobs in Chicago, IL?

For Machine Learning Winter Internship jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Machine Learning Winter Internship jobs in Chicago, IL look for?

The top searched job categories for Machine Learning Winter Internship jobs in Chicago, IL are:

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

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

Machine Learning Winter Internship jobs near you
Infographic showing various Machine Learning Winter Internship job openings in Chicago, IL as of August 2026, with employment types broken down into 30% Internship, 20% Full Time, and 50% Part Time. Highlights an 100% In-person job distribution, with an average salary of $43,867 per year, or $21.1 per hour.

Current PhD - Data Science Internship - Summer 2027

Capital One

Chicago, IL

Full-time

Posted 29 days ago

Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

93rd of 171 rated banks

Job description

Current PhD - Data Science Internship - Summer 2027

Key Role Details

  • This is a full-time paid internship program spanning ten weeks from June through August 2027.

  • Participation in the internship requires that you are located in the continental United States with in-person attendance at your assigned location, in accordance with Capital One's hybrid working model, for the duration of the program.

  • Interns will be evaluated for a full-time position with their team and will work with their manager on identifying a start date upon graduation

This is a paid internship. This is a limited-time internship position, and Capital One will not sponsor a new applicant for employment authorization for this position. However, a full-time Data Science role, for which you may be considered upon completion of the internship (subject to business need, market conditions, and other factors) is eligible for employer immigration sponsorship.

Basic Qualifications

  • Currently has, or is in the process of obtaining a PhD in one of the following areas with an expectation that the required degree will be obtained by August 2029 or earlier:

    • A PhD in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, or a related quantitative field)

  • Must be continuing in the same course of study of your PhD degree following completion of the internship

  • At least 6 months experience or academic work using open source programming languages for data analysis

  • At least 6 months of experience or academic work using machine learning techniques

  • At least 6 months of experience with either Python, R or SQL

Preferred Qualifications:

  • Experience or academic work in inferential statistics

  • Experience or academic work with relational databases

  • Experience or academic work with large scale data analysis

Data Science Internship - 2027

As a Data Scientist at Capital One, you'll be part of a high-performing team that's embracing the latest in computing technologies to unlock opportunities that help everyday people save money and improve their financial lives. You'll help our customers solve their financial services challenges by using groundbreaking techniques. You'll make valuable contributions from day one by continuously learning, engaging in diverse sets of experiences, and building close-knit relationships across the company. Role / team focus areas could include supporting machine learning, deep learning, or quant initiatives across the enterprise.

On any given day, you might:

  • Evaluate open-source and internally-developed modeling and analytics tools using real business data

  • Integrate internal data with external data sources and APIs to discover and implement actionable insights

  • Design and craft data science models to communicate solutions to customers and company leadership

We'd love to find someone who is...

  • Intellectually curious. You ask why, you explore, and you are excited to imagine and create new ideas by inventing self-adaptive models or by tapping into unstructured data sources. You love mining data for insights into behaviors, intent and sentiment

  • A builder. You are passionate about delivering better experiences and better products to our customers and have a deep sense of ownership for your craft.

  • An experimental scientist. You love putting on your lab coat and trying new things, new combinations of tools, techniques and feature engineering approaches even if you sometimes fail.

  • A Communicator. You seek to connect with teammates and business partners to share technical ideas that resonate with audience needs across verbal and written channels.

Are you ready to join a community of talented individuals who embrace customer problems and use their passion and capabilities to make a difference every single day? If you're interested in a long-term career at Capital One, the Data Science internship could be a great way to begin your career journey!

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Cambridge, MA: $176,000 - $176,000 for Data Science PhD Intern


Chicago, IL: $160,000 - $160,000 for Data Science PhD Intern


McLean, VA: $176,000 - $176,000 for Data Science PhD Intern


New York, NY: $192,000 - $192,000 for Data Science PhD Intern


Plano, TX: $160,000 - $160,000 for Data Science PhD Intern


Richmond, VA: $160,000 - $160,000 for Data Science PhD Intern


San Francisco, CA: $192,000 - $192,000 for Data Science PhD Intern


San Jose, CA: $192,000 - $192,000 for Data Science PhD Intern




Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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