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Quantitative Developer Summer Intern Jobs in Delaware

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Quantitative Developer Summer Intern information

Is 23 an hour good for an internship?

For a Quantitative Developer Summer Intern, $23 an hour is generally considered competitive, as internships in finance and tech often pay between $20 and $30 per hour. The pay may vary based on location, company size, and required skills such as programming in Python or C++, but $23 per hour aligns with industry standards for such roles.

How much does a quant summer intern make?

A quantitative developer summer intern typically earns between $20 and $40 per hour, with total compensation ranging from $4,000 to $8,000 for the internship period. Compensation varies based on location, firm size, and candidate experience, and interns often work in a fast-paced environment requiring programming skills in languages like Python or C++.

What are the typical responsibilities for a Quantitative Developer Summer Intern during their internship?

As a Quantitative Developer Summer Intern, you will likely assist with designing, coding, and testing quantitative models and tools under the guidance of experienced developers and quants. Your day-to-day work may involve data analysis, collaborating on algorithm optimization, and writing clean, efficient code for real-world finance applications. Interns often participate in team meetings, contribute to ongoing projects, and may have the opportunity to present their results to key stakeholders. This role provides valuable exposure to working in a fast-paced, collaborative environment and learning industry-standard development practices. By engaging with both technical and project-based tasks, you gain hands-on experience that can lead to future full-time opportunities.

What are the key skills and qualifications needed to thrive in the Quantitative Developer Summer Intern position, and why are they important?

To thrive as a Quantitative Developer Summer Intern, you need strong analytical abilities, proficiency in mathematics, and programming skills in languages like Python or C++, often supported by coursework in computer science, mathematics, or related fields. Familiarity with quantitative modeling tools, financial data platforms, and version control systems such as Git is typically important. Attention to detail, problem-solving aptitude, and effective teamwork and communication skills help interns contribute meaningfully to complex projects. These abilities are vital for efficiently developing, testing, and implementing quantitative models within high-performing financial or technology teams.

How much do quant interns earn?

Quantitative developer summer interns typically earn between $20 and $40 per hour, with total stipends ranging from $4,000 to $8,000 for the internship duration. Compensation varies based on the firm, location, and the intern's educational background and skills in programming and quantitative analysis.

Does JP Morgan hire quants?

JP Morgan hires quantitative analysts and developers, including summer interns in quantitative roles. These positions typically require strong programming skills, knowledge of financial models, and a background in mathematics or engineering. Interns often work with tools like Python, C++, and data analysis platforms during their internship period.

What is a Quantitative Developer Summer Intern job?

A Quantitative Developer Summer Intern works on developing, implementing, and optimizing financial models, trading algorithms, and data-driven tools. Interns typically collaborate with quantitative researchers, traders, and software engineers to enhance trading strategies and risk management systems. Responsibilities may include coding in languages like Python, C++, or Java, analyzing financial data, and improving computational efficiency. This role provides hands-on experience in quantitative finance, algorithmic trading, and software development within a financial institution or hedge fund.

What are popular job titles related to Quantitative Developer Summer Intern jobs in Delaware? For Quantitative Developer Summer Intern jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Quantitative Developer Summer Intern jobs in Delaware look for? The top searched job categories for Quantitative Developer Summer Intern jobs in Delaware are:
What cities in Delaware are hiring for Quantitative Developer Summer Intern jobs? Cities in Delaware with the most Quantitative Developer Summer Intern job openings:
Infographic showing various Quantitative Developer Summer Intern job openings in Delaware as of July 2026, with employment types broken down into 85% Full Time, 5% Part Time, 1% Temporary, and 9% Contract. Highlights an 82% Physical, 3% Hybrid, and 15% Remote job distribution.
Meet Freddie Mac's University Program: Learn about our 2027 Internship and Full-Time Opportunities

Meet Freddie Mac's University Program: Learn about our 2027 Internship and Full-Time Opportunities

Freddie Mac

Seaford, DE • On-site

$14.25 - $19/hr

Other

Re-posted 19 days ago


Job description

Freddie Mac is where ambitious possibility-makers are shaping the U.S. housing industry.

Are you an undergraduate or graduate student looking to kickstart your career? Freddie Mac's University program offers summer internships and full-time opportunities in Accounting, Business, Communications, Investments & Capital Markets, Computer Science, Data/Quant Analytics, Economics, Finance, Risk Management, Technology (including Cyber and Software Development) and more.

Join us to hear directly from our University Talent Advisors about:

-Who we are and how we serve our mission

-Workplace, culture and life at Freddie Mac

-Our intern and analyst/full-time programs

-Comprehensive rewards including compensation and benefits

-Our recruitment process and timelines

We can't wait to meet you!

If you’d like to learn more about us, feel free to browse our blogs and student opportunities here.


Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970