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Phd In Statistics Jobs in Illinois (NOW HIRING)

Akuna Capital

Quantitative Research Intern

Chicago, IL · On-site

$130K/yr

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 ...

Akuna Capital

$130K/yr

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 ...

Akuna Capital

$130K/yr

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 ...

Akuna Capital

$145K/yr

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 ...

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Phd In Statistics information

What is the difference between Phd In Statistics vs Data Scientist?

AspectPhd In StatisticsData Scientist
Required CredentialsTypically a PhD in Statistics or related fieldOften a bachelor's or master's degree in a quantitative field; some roles prefer a PhD
Work EnvironmentAcademic, research institutions, or specialized analytics teamsCorporate, tech companies, or consulting firms
Industry UsageResearch, academia, government, and industry R&DBusiness analytics, product development, and data-driven decision making
Common Search & ComparisonYesYes

While a Phd In Statistics focuses on advanced research, theoretical development, and academic roles, Data Scientists apply statistical and machine learning techniques to solve practical business problems. Both roles require strong analytical skills, but Data Scientists often work in more applied, industry-focused environments, whereas PhD holders may pursue research or academic careers.

Is a PhD in statistics worth it?

A PhD in statistics can lead to advanced roles in academia, research, data science, and analytics, often requiring strong analytical and programming skills. While it offers high-level expertise and potential for higher salaries, it also involves significant time and financial investment, and job prospects depend on industry demand and individual specialization.

What can you do with a PhD in statistics?

A PhD in statistics prepares individuals for advanced roles in data analysis, research, and modeling across industries such as healthcare, finance, technology, and government. Graduates often work as data scientists, statisticians, quantitative analysts, or research scientists, utilizing skills in statistical software, programming, and data interpretation to solve complex problems. These roles typically require strong analytical abilities and knowledge of statistical methods and tools like R, Python, or SAS.

What are popular job titles related to Phd In Statistics jobs in Illinois?

For Phd In Statistics jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Phd In Statistics jobs in Illinois look for?

The top searched job categories for Phd In Statistics jobs in Illinois are:

What cities in Illinois are hiring for Phd In Statistics jobs?

Cities in Illinois with the most Phd In Statistics job openings:

Phd In Statistics jobs near you
Infographic showing various Phd In Statistics job openings in Illinois as of August 2026, with employment types broken down into 66% Full Time, 33% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution.

Senior Quantitative Researcher, Buy-Side, PhD Preferred, Onsite in Chicago, IL - R

Next Step Systems

Chicago, IL • On-site

Other

Medical, Dental, Life, Retirement, PTO

Re-posted 22 days ago

Job description

Senior Quantitative Researcher, Buy-Side, PhD Preferred, Onsite in Chicago, IL

We are looking to hire a highly talented Senior Quantitative Researcher to join the technology team. This Senior Quantitative Researcher position is 100% Onsite and NOT open for Remote.

Senior Quantitative Researcher Responsibilities:

- Work collaboratively with the technology and business teams to develop an understanding of complex financial markets, products, and strategies.

- Analyze financial market data to identify patterns and potential opportunities.

- Develop forecasts and building predictive and profitable trading models.

- Explore and work with industry leading software and research tools.

- Work alongside industry experts in the fields of technology and quantitative finance.

- Lead/mentor junior team members.

- Work on challenging and dynamic problems in a team atmosphere.

- Take ownership of and leading projects from start to finish.

Senior Quantitative Researcher Qualifications:

- 5-15 years of relevant experience.

- Futures Asset Class and High Frequency experience preferred.

- Must have direct experience with a Buy-Side firm.

- Knowledge of programming concepts (C++ preferred but not required).

- Experience actively building predictive models and analyzing the market.

- Desire to grow into leadership role preferred.

- Problem solvers who are driven, self-motivated, and "outside of the box" thinkers.

- Motivated, dependable, and responsible team players.

- Excellent written and spoken communication skills.

- Bachelor s, Master s, or PhD in a related field (Mathematics, Statistics, Physics, Computer Science).

- Must be willing to take ownership.

*Looking for candidates from top tier universities with a strong GPA. PhD in mathematics, statistics, physics or engineering is preferred. Will consider candidates who have a Master's degree along with work experience. Top universities include Massachusetts Institute of Technology/MIT, Carnegie Mellon University, Princeton University, Harvard University, University of California-Berkeley, Stanford University, University of Chicago, California Institute of Technology, University of California, Los Angeles, Columbia University, New York University, University of Michigan, Ann Arbor, Yale University, Cornell University, Brown University, etc.

Benefits include medical insurance, dental insurance, retirement plan, PTO, 401K match, life insurance, tuition reimbursement program, free gym membership, flexible spending account, daily catered lunches plus fully stocked kitchen with snacks, etc.

Keywords: Chicago IL Jobs, Senior Quantitative Researcher PhD Preferred, Buy-Side, C++, Java, Python, R, Quant, Machine Learning, Financial, Trading, Software Engineer, Software Developer, Programming, Programmer Analyst, Chicago Recruiters, Information Technology Jobs, IT Jobs, Chicago Recruiting

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