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Statistical Intern Jobs in Elgin, IL (NOW HIRING)

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Statistical Intern information

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How much do statistical intern jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for statistical intern in Elgin, IL is $16.84, according to ZipRecruiter salary data. Most workers in this role earn between $14.28 and $18.99 per hour, depending on experience, location, and employer.

What does a statistical intern do?

A Statistical Intern assists with collecting, analyzing, and interpreting data to support research or business projects. They work under the supervision of experienced statisticians, using statistical software to clean data, run basic analyses, and create reports or visualizations. This role provides hands-on experience with real-world data and helps interns develop skills in problem-solving, critical thinking, and effective communication of statistical findings.

What types of projects can a statistical intern expect to work on, and how do these contribute to the organization's goals?

As a Statistical Intern, you can expect to work on projects such as data cleaning, exploratory data analysis, and assisting with the development of statistical models for real-world business or research problems. These projects often involve collaborating with data scientists, analysts, and subject-matter experts to draw actionable insights from data. Your contributions help inform decision-making, improve processes, and support larger organizational objectives. The experience gained from these projects not only builds your technical skills but also gives you exposure to how statistical methods drive impact in a professional setting.

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

To thrive as a Statistical Intern, you need a solid background in statistics, mathematics, and data analysis, typically supported by coursework in these subjects or progress toward a relevant degree. Familiarity with statistical software such as R, SAS, SPSS, or Python is commonly expected, along with proficiency in spreadsheet tools like Excel. Strong attention to detail, problem-solving abilities, and clear communication help interns interpret data accurately and present findings effectively. These skills ensure meaningful contributions to research and data-driven projects while supporting the team's analytical goals.

What is the difference between Statistical Intern vs Data Analyst?

AspectStatistical InternData Analyst
Required CredentialsTypically pursuing or recent graduate in statistics, mathematics, or related fieldBachelor's degree in statistics, data science, or related field; often requires some experience
Work EnvironmentInternship setting, often in research or academic projects, supervised by senior staffFull-time role in corporate, tech, or research organizations, with independent responsibilities
Employer & Industry UsageUniversities, research institutions, government agenciesBusinesses, tech companies, finance, healthcare

The main difference between a Statistical Intern and a Data Analyst lies in experience level and responsibilities. Interns are usually students or recent graduates gaining entry-level experience, often in academic or research settings. Data Analysts are more experienced professionals working full-time to analyze data, generate reports, and support decision-making in various industries.

Which internship is best for statistical interns?

The best internship for statistical interns typically involves roles in data analysis, research, or analytics departments of companies, government agencies, or research institutions. Internships that offer exposure to statistical software like R or Python and involve real-world data projects provide valuable experience. Selecting programs with mentorship, structured training, and opportunities to develop skills in statistical modeling enhances career prospects.

What cities near Elgin, IL are hiring for Statistical Intern jobs?

Cities near Elgin, IL with the most Statistical Intern job openings:

Statistical Intern jobs near you

Software Engineer, Intern (Summer 2027)

Aquatic Capital Management

Chicago, IL • On-site

Full-time, Temporary, Internship

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago

Job description

Aquatic was founded with a shared passion for tackling some of the most complex challenges in one of the world's most competitive arenas-global financial markets. From the very beginning, we have been driven by a deep commitment to applying cutting-edge scientific research and technological innovation to deliver unparalleled performance. Our journey is one of continuous growth and exploration, marked by a spirit of curiosity and relentless drive for excellence.
As a Software Engineering Intern at Aquatic, you will join a fast-moving team building high-performance, distributed systems that power our research and trading infrastructure. You'll work closely with experienced engineers and quants to design tools, improve system reliability, and optimize our platform for low-latency, high-throughput data processing. This is a hands-on, impactful role-your work will directly influence live systems and research workflows.
Requirements:
  • Active student pursuing a BS, MS, or PhD in mathematics, statistics, machine learning, physics, computer science, or other scientific disciplines with an expected graduation date between Fall 2027 and Summer 2028.
  • Solid programming skills in Python and/or C++
  • Strong understanding of algorithms, systems, and computer architecture
  • Curiosity about how things work, and a desire to build systems that do things better
  • Ability to thrive in a collaborative, fast-paced environment
  • Learn software design and testing techniques, such as Refactoring and Test Driven Development

Candidate qualities:
  • Strong bias for action
  • Driven by accountability and internal urgency
  • Desire to independently seek best solutions
  • Preference for working in a team that focuses on delivering results aligned with Research goals
  • Comfortable providing and receiving actionable feedback in a collaborative team setting
  • Motivated by an ambitious environment and driven colleagues

Benefits:
  • Benefits: For full-time employees, fully paid medical, dental, and vision for employees and dependents, competitive 401k plan, employer-paid life & disability insurance
  • Perks: Wellness programs, casual dress, snacks, lunch, game room, team and company events
  • Development: Open environment to maximize learning and knowledge sharing
  • Time: Generous PTO, paid holidays, competitive paid caregiver leaves

Aquatic Capital
This role represents a unique opportunity to join a quantitative investment manager in its early stage of growth. The firm's culture will be shaped by collaboration, meritocracy, ambition, and calm determination.
Aquatic is a proud equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.

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