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Math Research Jobs in Illinois (NOW HIRING)

Akuna Capital

$130K/yr

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 ...

Akuna Capital

Quantitative Research Intern

Chicago, IL · On-site

$130K/yr

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 ...

Saga Education

Lead Math Tutor

Chicago, IL

$23/hr

Rigorous research shows that high-impact tutoring raises grades and builds student confidence and a ... Saga Education | Change the Equation Our Tutors Our Math Tutors are selected from a diverse group ...

Saga Education

Lead Math Tutor

Chicago, IL · On-site

$23/hr

Rigorous research shows that high-impact tutoring raises grades and builds student confidence and a ... Saga Education | Change the Equation Our Tutors Our Math Tutors are selected from a diverse group ...

Saga Education

Lead Math Tutor

Chicago, IL · On-site

$23/hr

Rigorous research shows that high-impact tutoring raises grades and builds student confidence and a ... Saga Education | Change the Equation Our Tutors Our Math Tutors are selected from a diverse group ...

Optiver

Quantitative Research Intern (PhD)

Chicago, IL

$80K - $90K/yr

As a Quantitative Research Intern, you will work side-by-side with our Research Team of mathematicians, scientists and technologists, to develop and enhance the models that drive Optiver's trading.

Akuna Capital

$145K/yr

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 ...

Saga Education

Part-Time Math Tutor

Chicago, IL · On-site

$21/hr

Rigorous research shows that high-impact tutoring raises grades and builds student confidence and a ... Saga Education | Change the Equation Our Tutors Our Math Tutors are selected from a diverse group ...

Optiver

$80K - $90K/yr

As a Quantitative Research Intern, you will work side-by-side with our Research Team of mathematicians, scientists and technologists, to develop and enhance the models that drive Optiver's trading.

Optiver

Quantitative Research Intern (PhD)

Chicago, IL · On-site

$80K - $90K/yr

As a Quantitative Research Intern, you will work side-by-side with our Research Team of mathematicians, scientists and technologists, to develop and enhance the models that drive Optiver's trading.

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Showing results 21-40

All JobsMath Research JobsMath Research Jobs in Illinois

Math Research information

What is a math research?

A Math Research job involves studying mathematical theories, solving complex problems, and developing new mathematical models. Researchers may work in academia, government, or industry, applying advanced math to fields like physics, finance, cryptography, or data science. They often publish papers, collaborate with other scientists, and contribute to theoretical or applied mathematics.

What types of projects do professionals in math research typically work on?

Math Research professionals often focus on solving theoretical problems, developing new mathematical models, or applying mathematics to fields like data science, engineering, or finance. Projects can range from pure mathematical theory to practical applications such as optimizing algorithms, analyzing big data, or designing statistical tests. Researchers frequently work within academic, governmental, or private sector teams, collaborating with other scientists, engineers, or subject matter experts. This interdisciplinary approach allows for both independent and group work, providing opportunities for creative problem-solving and continuous learning.

What are the key skills and qualifications needed to thrive in math research, and why are they important?

To thrive in Math Research, you need advanced mathematical knowledge, strong analytical abilities, and a graduate degree (often a Ph.D.) in mathematics or a related field. Commonly used tools include programming languages such as Python or MATLAB, mathematical modeling software, and statistical analysis packages. Exceptional problem-solving, perseverance, and effective communication skills help researchers articulate complex findings and collaborate across disciplines. These skills ensure rigorous, innovative research that advances understanding and delivers real-world impact.

How to become a mathematics researcher?

To become a mathematics researcher, typically a candidate needs a strong foundation in advanced mathematics through a bachelor's degree, followed by a master's or Ph.D. in mathematics or a related field. Developing research skills, proficiency with mathematical software, and publishing findings in academic journals are also important steps in establishing a career in mathematical research.

What are the top 5 math research careers that pay well?

Math research careers with high earning potential include roles such as quantitative analyst, data scientist, operations researcher, actuarial scientist, and university professor in specialized fields. These positions often require advanced degrees, strong analytical skills, and proficiency with statistical and mathematical software. Salaries vary by industry and experience but generally range from six-figure incomes for experienced professionals in finance, technology, and consulting sectors.

What does a math researcher do?

A math researcher investigates mathematical theories, principles, and problems to develop new knowledge or solutions. They often work in academic, government, or private research settings, using tools like mathematical modeling, statistical analysis, and computer programming to analyze data and prove hypotheses.

What are the most commonly searched types of Math Research jobs in Illinois?

The most popular types of Math Research jobs in Illinois are:

What are popular job titles related to Math Research jobs in Illinois?

For Math Research jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Math Research jobs in Illinois look for?

The top searched job categories for Math Research jobs in Illinois are:

What cities in Illinois are hiring for Math Research jobs?

Cities in Illinois with the most Math Research job openings:

Math Research jobs near you
Infographic showing various Math Research job openings in Illinois as of August 2026, with employment types broken down into 84% Full Time, 10% Part Time, and 6% Contract. Highlights an 94% In-person, 3% Hybrid, and 3% Remote job distribution.

Quantitative Research Intern

Akuna Capital

Chicago, IL

$130K/yr

Full-time

Re-posted 16 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.

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