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Software Research Intern Jobs in Chicago, IL (NOW HIRING)

Rhaeos

R&D Engineering Intern

Chicago, IL · On-site

$17.25 - $22.50/hr

... D software (SolidWorks or equivalent) for rapid prototyping. ● Data analysis & visualization ... Please include your name and "R&D Engineering Intern" in the subject line Page 2

P2P

Software Developer Intern

Chicago, IL · On-site

$202.50 - $247.50/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

Software Developer Intern , you will build advanced trading and risk applications leveraging ... Conduct robust research using a data driven approach to employ statistical analytics on large data ...

New

DRW

Software Developer Intern

Chicago, IL · On-site

$225K/yr

As a Software Developer Intern , you will build advanced trading and risk applications leveraging ... Conduct robust research using a data driven approach to employ statistical analytics on large data ...

Enklu

R&D Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

As an intern, you'll be encouraged to learn new skills and take on new responsibilities constantly ... Enklu's software empowers non-technical users with the ability to create and distribute spatial ...

Mortenson

Marketing Intern - Chicago

Itasca, IL

$18/hr

... software to create graphics, logos, and layouts * Collaborating with the local marketing team and ... Research and implementation of current design trends and techniques Program Overview: Our summer ...

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Software Research Intern information

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How much do software research intern jobs pay per month?

As of Aug 19, 2026, the average monthly pay for software research intern in Chicago, IL is $6,633.58, according to ZipRecruiter salary data. Most workers in this role earn between $4,550.00 and $7,900.00 per month, depending on experience, location, and employer.

What does a software research intern do?

A Software Research Intern assists in exploring, developing, and testing new software technologies under the guidance of experienced researchers or engineers. Their responsibilities often include literature reviews, coding prototypes, analyzing data, and documenting findings. This role provides hands-on experience in solving real-world problems, contributing to academic papers or patents, and learning advanced software development techniques. Interns typically work in research labs at universities, tech companies, or research institutions.

What are the key skills and qualifications needed to thrive as a software research intern?

To thrive as a Software Research Intern, you typically need a strong background in computer science fundamentals, programming (such as Python, Java, or C++), and problem-solving, often backed by current enrollment in or completion of a related degree program. Familiarity with research methodologies, version control systems (like Git), and data analysis or machine learning tools is highly valuable. Strong analytical thinking, curiosity, effective communication, and the ability to work collaboratively make an intern stand out. These skills are crucial for contributing to innovative projects, producing meaningful research outcomes, and integrating effectively with research teams.

What is the difference between Software Research Intern vs Software Developer Intern?

AspectSoftware Research InternSoftware Developer Intern
Primary FocusConducting research, exploring new technologies, and developing prototypesWriting, testing, and maintaining software applications
Required SkillsResearch methodologies, programming, analytical skillsProgramming, debugging, software development lifecycle
Work EnvironmentResearch labs, innovation teams, academic settingsDevelopment teams, tech companies, startups
Typical Duration3-6 months, often aligned with research projects3-6 months, project-based or internship programs

While both roles involve programming and technical skills, a Software Research Intern focuses on exploring new ideas and technologies, whereas a Software Developer Intern is primarily involved in building and maintaining software products. The choice depends on whether you prefer research and innovation or hands-on software development.

What are the most commonly searched types of Software Research jobs in Chicago, IL?

The most popular types of Software Research jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Software Research Intern jobs?

Cities near Chicago, IL with the most Software Research Intern job openings:

Software Research Intern jobs near you

Software Engineer Intern - Full Stack Web

Akuna Capital

Chicago, IL • On-site

$130K/yr

Other

Re-posted 28 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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