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Statistics Intern Jobs in Elgin, IL (NOW HIRING)

Optiver

Quantitative Intern (Summer 2027)

Chicago, IL · On-site +1

As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to ... Solid foundation in mathematics, probability, and statistics. * Experience with programming or ...

DRW

Quantitative Research Intern

Chicago, IL · On-site

$250K - $300K/yr

As a Quantitative Research Intern you will have an opportunity to solve challenging problems ... Conduct statistical analysis of market data, historical trends, and relationships across multiple ...

Optiver

Quantitative Intern (Summer 2027)

Chicago, IL · On-site

$70K - $88K/yr

As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to ... Solid foundation in mathematics, probability, and statistics. * Experience with programming or ...

TransMarket Group

Algorithmic Trader Intern

Chicago, IL · On-site

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... Data structures, Probability, Statistics and Linear Algebra * Minimum major GPA of 3.5/4 or ...

TransMarket Group

Algorithmic Trader Intern

Chicago, IL

$15.50 - $20.50/hr

Description As an Algorithmic Trader Intern, you will have the opportunity to learn and experience ... Data structures, Probability, Statistics and Linear Algebra * Minimum major GPA of 3.5/4 or ...

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All JobsStatistics Intern JobsStatistics Intern Jobs in Elgin, IL

Statistics Intern information

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How much do statistics intern jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for statistics intern in Elgin, IL is $17.11, 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 is the difference between Statistics Intern vs Data Analyst?

AspectStatistics Intern

Statistics Interns typically have limited work experience, often are students or recent graduates, and focus on supporting data collection, cleaning, and basic analysis under supervision. Data Analysts usually have more experience, may hold certifications or degrees in statistics, data science, or related fields, and are responsible for interpreting data, creating reports, and providing insights independently. Both roles are common in industries like finance, healthcare, and tech, but Data Analysts often have more advanced skills and responsibilities.

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

To thrive as a Statistics Intern, you need a solid understanding of statistical methods, data analysis, and a relevant academic background in statistics, mathematics, or a related field. Familiarity with statistical software such as R, SAS, SPSS, or Python, as well as proficiency in Excel, is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and present findings clearly. These skills are crucial for accurately analyzing data and supporting evidence-based decision-making within organizations.

What is a statistics intern?

Statistics Interns are students or recent graduates who assist professional statisticians by collecting, analyzing, and interpreting data. They typically work under supervision in industries such as healthcare, finance, government, or academia. Their tasks may include data entry, cleaning datasets, running statistical software, and preparing reports or presentations. This internship provides hands-on experience in applying statistical methods and tools, helping interns build foundational skills for a career in statistics or data analysis.

What types of projects does a statistics intern typically work on during their internship?

Statistics Interns are often involved in data collection, cleaning, and analysis projects that support ongoing research or business initiatives. They may help design experiments, run statistical tests, create data visualizations, and interpret results under the guidance of experienced statisticians. Interns frequently collaborate with professionals from other departments, such as data science, engineering, or marketing, to provide insights that inform decision-making. This hands-on experience helps interns develop practical skills and gain exposure to real-world applications of statistical methods.
What are the most commonly searched types of Statistics jobs in Elgin, IL? The most popular types of Statistics jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Statistics Intern jobs? Cities near Elgin, IL with the most Statistics Intern job openings:
Statistics Intern jobs near you

Quantitative Intern (Summer 2027)

Optiver

Chicago, IL • On-site, Remote

Full-time, Temporary, Internship

Re-posted 8 days ago

Job description

As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to solve complex problems in global financial markets. You'll learn how quantitative research, data, technology, and AI-enabled tools come together to identify opportunities, test ideas, and drive decision-making in rapidly evolving markets. Through hands-on project work, mentorship, and training led by Optiver's dedicated Education team, you'll build the foundation needed to make an impact. 

As part of the interview process, we'll assess your strengths, interests, and skills to determine the best fit, and you may be considered for either a Quant Trading or Quant Research internship offer. 

What You'll Do:  

Our internship is designed for curious problem-solvers who enjoy continuously learning. Through a combination of structured education, market simulations, and exposure to modern research and AI tools, you'll develop the skills needed to apply quantitative thinking to real-world challenges. 

You'll have the opportunity to: 

  • Develop a deeper understanding of financial markets, quantitative trading, and the research and technology that power them. 
  • Analyze complex datasets, investigate market behavior, and uncover insights that inform decision-making. 
  • Apply your quantitative and programming skills to solve real trading challenges and build impactful tools. 
  • Strengthen your decision-making skills through live market simulations and hands-on experience. 
  • Explore how AI tools can accelerate research, experimentation, and quantitative decision-making 
  • Learn directly from experienced traders and researchers in a collaborative, high-performance environment. 

What You'll Get: 

You'll join a culture of collaboration and excellence, surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you'll thrive in a supportive, high-performing environment alongside talented colleagues, collectively tackling some of the toughest challenges in the financial markets. 

In addition, you'll receive: 

  • The opportunity to work alongside best-in-class professionals from over 40 different countries. 
  • The opportunity to earn a return internship or full-time offer in Chicago, Austin, New York City, or Amsterdam based on performance. 
  • A highly competitive internship compensation package. 
  • Optiver-covered flights, living accommodations, and commuting stipends. 
  • Extensive office perks, including breakfast, lunch, snacks, regular social events, clubs, sporting leagues, and more. 

Who You Are: 

  • Currently pursuing a Bachelor's or Master's degree in a STEM field. 
  • Expected graduation between December 2027 and June 2029, with sophomore standing or higher.  
  • Available to intern during Summer 2027. 
  • Open to full-time opportunities upon graduation. 
  • Strong quantitative, analytical, and logical reasoning skills. 
  • Solid foundation in mathematics, probability, and statistics. 
  • Experience with programming or scripting in Python or another language. 
  • Strong interest in financial markets, quantitative research, and decision-making. 
  • Excited to work in a fast-paced, collaborative environment. 
  • Fluent in English with strong written and verbal communication skills. 

Who We Are:

Optiver is a leading technology- and research-driven trading firm. Our teams of scientists, engineers, mathematicians, and traders work side by side to develop, test, and scale ideas that shape how we understand and trade global markets. Powered by a global platform built for rapid experimentation and iteration, we combine the scientific rigor of a research institution with the pace of a technology company. 

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics. 

Optiver is supportive of US immigration sponsorship for this role. 

Optiver has a global application re-apply policy for our intern and graduate roles. If you have completed an online assessment or interviewed for a quantitative graduate or internship role at any Optiver location in the past 8 months, please note that you are not yet eligible to reapply. We welcome you to re-apply to after the 8-month cool off period.

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