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Mathematical Modeling Intern Jobs in Toronto, ON

Mathematical Modeling Intern information

What does a mathematical modeling intern do?

A Mathematical Modeling Intern assists in developing and implementing mathematical models to solve real-world problems in fields such as engineering, finance, or science. They work with data, analyze trends, and use software tools to simulate scenarios and support decision-making. Interns often collaborate with teams to interpret results and refine models, gaining hands-on experience with quantitative analysis and computational methods.

What are the key skills and qualifications needed to thrive as a mathematical modeling intern, and why are they important?

To thrive as a Mathematical Modeling Intern, you need strong skills in mathematics, statistics, and analytical problem-solving, typically supported by coursework in applied mathematics, engineering, or related fields. Familiarity with programming languages such as Python, MATLAB, or R, and experience with simulation or modeling software are commonly required. Attention to detail, effective communication, and teamwork are important soft skills for translating complex data into actionable insights and collaborating with diverse teams. These competencies are vital for developing accurate models, interpreting results, and contributing effectively to research or business objectives.

What are some typical projects or tasks that a mathematical modeling intern might work on during their internship?

As a Mathematical Modeling Intern, you can expect to work on real-world projects that involve building and analyzing mathematical models to solve business or research challenges. Typical tasks may include collecting and cleaning data, developing algorithms, running simulations, and interpreting results to support decision-making. Often, interns collaborate closely with data scientists, researchers, or engineers, and may be asked to present their findings to both technical and non-technical teams. This hands-on experience not only enhances your technical skills but also provides valuable exposure to interdisciplinary teamwork in a professional setting.

What are popular job titles related to Mathematical Modeling Intern jobs in Toronto, ON?

For Mathematical Modeling Intern jobs in Toronto, ON, the most frequently searched job titles are:

Infographic showing various Mathematical Modeling Intern job openings in Toronto, ON as of August 2026, with employment types broken down into 80% Full Time, 18% Part Time, and 2% Contract. Highlights an 84% Physical, 5% Hybrid, and 11% Remote job distribution.

Investment Banking Analyst Intern (Diversified) - Winter 2027

Stifel

Toronto, ON

CA$75K - CA$90K/yr

Full-time, Internship

Medical, Dental, Vision, Life, PTO

Posted 4 days ago


Stifel rating

8.3

Company rating: 8.3 out of 10

Based on 22 frontline employees who took The Breakroom Quiz


Job description

The Investment Banking Internship provides student(s) with a hands-on introduction to the role of an Analyst. You will work alongside our banking professionals, from Analyst to Managing Director level, and will gain exposure to a variety of advisory and financing transactions and sector types. The Intern is expected to work on multiple projects simultaneously, with primary responsibilities in the research and analysis related to transaction generation and execution.

Specific responsibilities will vary and may include conducting industry research, building financial models to analyze potential transactions, preparing client presentation materials, and working with banking teams to execute transactions.

Stifel Canada has a strong position in the Canadian market, has an international reach and is continuing to grow by adding top talent. The role offers candidates an opportunity to gain valuable, hands-on work experience that is focused on the financial markets.  In Canada, we are primarily organized into industry teams focused on specific sectors. These include: Technology, Consumer, Diversified Industries, and Life Sciences.

Stifel Canada is offering a unique opportunity to work with a well-seasoned team with an exceptional track record and a large global network of relationships in the exciting Diversified space. 

Note – This position is based in our Toronto office and requires in-person attendance. This role is for an existing vacancy.

Salary range: $75,000 – $90,000 annually

The base pay offered will be determined based upon the candidate's skills and experience, job-related knowledge, and other specific business and organizational needs.


The primary role of the Intern includes, but is not limited to:

  • Perform Preparing presentation materials such as PowerPoint slides and summaries for pitch books;
  • Working with banking teams to execute transactions;
  • Performing in-depth quantitative financial analyses, including corporate and asset valuation analysis;
  • Work with the team to maintain databases on transactions and companies financials/multiples; and
  • Keep abreast of and analyze the impact on clients of current events, critical issues, and relevant news.

Seeking a 3rd year undergraduate business/math/statistics student with an interest in capital markets. The Intern candidate should possess strong academic records and have demonstrated strong leadership ability through involvement in extracurricular endeavors such as student government, athletics, and cultural and entrepreneurial activities.

The ideal candidate will possess the following:

  • Strong quantitative and analytical skills;
  • Exposure to finance and accounting and quantitative modeling;
  • Experience with financial modeling and analysis preferred;
  • Experience using AI tools responsibly to support research, data analysis, and financial modelling (e.g., drafting summaries, analyzing large data sets, and improving efficiency);
  • Superior attention to detail;
  • Disciplined work ethic;
  • Excellent verbal and written communication skills;
  • Ability to effectively manage multiple simultaneous project deadlines;
  • Ability to work in teams; and
  • Highly-motivated and energetic.

How to Apply

For your application to be eligible for consideration, please ensure the following items are included in your application when you apply for this role:

  • Cover letter, Resume and Academic Transcript (unofficial are acceptable) in one PDF document

  • Candidates must be graduating from their undergraduate programs in either Spring 2027 or Spring 2028;
  • Resume must include expected graduation month/year and CGPA; and 
  • Internship duration January 2027 - April 2027.

  • Proficiency in Excel and PowerPoint.

Stifel Canada (https://www.stifel.com/institutional/StifelCanada) is a leading provider of investment banking services, including advisory and underwriting, institutional sales and trading and research services. We offer a full suite of focused debt capital markets, equity capital markets, financial advisory, and investment services, delivering superior advice and execution to a broad range of corporate clients and institutional investors worldwide.

Stifel Canada is a subsidiary of Stifel Financial Corp., a public (NYSE – SF) full-service global investment bank with over 8,500 personnel operating in Canada, the United States and Europe. This includes over 400 investment banking professionals serving the needs of growth companies through specialized expertise and strong relationships within its core industries. As a growth company itself, Stifel’s passion is in bringing the right combination of people, products and services to the table to help our clients grow and excel for the long term.

At Stifel Canada we offer an entrepreneurial environment, competitive pay, comprehensive benefits package which includes health, dental, fertility, paramedical and vision care, HCSA, wellness initiatives, life insurance, paid parental leave and paid time off.

Inclusiveness and Equal Opportunity

At Stifel Canada we are committed to our vision of an equitable, diverse and inclusive finance industry where people of all genders, races, sexual orientations and abilities have equal opportunity to advance, succeed and lead.

If you require an accommodation for the recruitment process, please let us know and we will work with you to meet your needs.

Applicants will be required to undergo a background check only if and after a conditional offer of employment has been extended.

No telephone inquiries or agencies please. We thank all applicants for their interest, please be advised that only those selected for an interview will be contacted. 


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