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Summer Intern Applied Mathematics Jobs in Romeoville, IL

Mathematics, Physics, Computer Science, or Economics) * Strong analytical skills * Desire to learn ... If you have already applied for this position during the current recruitment season and were not ...

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Summer Intern Applied Mathematics information

See Romeoville, IL salary details

$12

$19

$35

How much do summer intern applied mathematics jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for summer intern applied mathematics in Romeoville, IL is $19.72, according to ZipRecruiter salary data. Most workers in this role earn between $15.67 and $22.07 per hour, depending on experience, location, and employer.

What does a summer intern in applied mathematics do?

A Summer Intern in Applied Mathematics typically works on mathematical modeling, data analysis, and problem-solving projects under the guidance of senior mathematicians or scientists. Their tasks may include conducting research, analyzing datasets, developing algorithms, and preparing reports or presentations. Interns often collaborate with multidisciplinary teams and gain practical experience applying mathematical concepts to real-world problems in fields such as engineering, finance, or technology.

What skills and qualifications are needed to thrive as a summer intern in applied mathematics?

To thrive as a Summer Intern in Applied Mathematics, you need a solid understanding of mathematical concepts, problem-solving abilities, and coursework in calculus, linear algebra, or statistics. Familiarity with programming languages such as Python or MATLAB and experience using mathematical modeling or statistical analysis tools are typically required. Strong analytical thinking, effective communication, and eagerness to learn help interns stand out in collaborative and research-driven environments. These skills are essential for tackling real-world quantitative challenges and contributing meaningfully to projects during the internship.

What types of projects can a summer intern in applied mathematics expect to work on, and how are these projects typically structured?

As a Summer Intern in Applied Mathematics, you can expect to engage in projects that involve data analysis, modeling, algorithm development, or optimization tasks relevant to the organization's needs. These projects are often collaborative and may pair you with a mentor or a small team of researchers or engineers. You'll likely participate in regular meetings to discuss progress, troubleshoot challenges, and present your findings. This structure provides a supportive learning environment while giving you the opportunity to apply mathematical theories to real-world problems.

What is the difference between Summer Intern Applied Mathematics vs Summer Intern Data Science?

AspectSummer Intern Applied MathematicsSummer Intern Data Science
Required CredentialsMathematics coursework, programming skillsStatistics, programming, data analysis
Work EnvironmentResearch labs, finance, tech companiesTech firms, consulting, finance
Employer & Industry UsageAcademic, finance, engineeringTech, finance, healthcare

Summer Intern Applied Mathematics typically focuses on mathematical modeling, algorithms, and problem-solving, often in finance or engineering sectors. In contrast, Summer Intern Data Science emphasizes data analysis, machine learning, and statistical modeling. Both roles require programming skills and are common in tech and finance industries, but they differ in their core focus and application areas.

What are popular job titles related to Summer Intern Applied Mathematics jobs in Romeoville, IL?

For Summer Intern Applied Mathematics jobs in Romeoville, IL, the most frequently searched job titles are:

What job categories do people searching Summer Intern Applied Mathematics jobs in Romeoville, IL look for?

The top searched job categories for Summer Intern Applied Mathematics jobs in Romeoville, IL are:

What cities near Romeoville, IL are hiring for Summer Intern Applied Mathematics jobs?

Cities near Romeoville, IL with the most Summer Intern Applied Mathematics job openings:

Infographic showing various Summer Intern Applied Mathematics job openings in Romeoville, IL as of August 2026, with employment types broken down into 1% As Needed, 37% Full Time, 53% Part Time, 1% Temporary, 7% Contract, and 1% Summer. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $41,021 per year, or $19.7 per hour.

2027 Technology Internship (US)

Verition Group LLC

Chicago, IL โ€ข On-site

$150K - $200K/yr

Full-time, Internship

Posted 3 days ago

New


Job description

Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Credit, Fixed Income & Macro, Convertible & Volatility Arbitrage, Event-Driven, Equity Long/Short & Capital Markets, and Quantitative Strategies.
About the Program
Our 10-week Summer Internship Program pairs you with a technology team where you'll take on real, high-impact work, while getting a structured, firm-wide view of how a global multi-strategy hedge fund operates. You'll work alongside portfolio managers, analysts, and experienced professionals, partner with your fellow interns on cross-functional projects, and present your work directly to senior leaders by the end of the summer.
What You'll Do
  • Paired to a technology team in which you'll be exposed to all aspects of the business; data ingestion, high-performance processing, modelling, portfolio and risk management, live execution and post-trade analysis.
  • Contribute to strategic projects that extend beyond your day-to-day team responsibilities.
  • Compete in a trading simulation with the full intern class to build foundational markets knowledge.
  • Present your work and ideas at various points throughout the program.

What You'll Experience
  • Access to a dedicated mentor group to form connections internally and support your growth throughout the summer.
  • A speaker series featuring firm leaders across investment and platform teams.
  • A series of professional development, social events and volunteer opportunities with your intern class.

Qualifications
  • Pursuing a Bachelor's degree, Master's degree, or PhD in computer science, applied mathematics, statistics, business, or another STEM related field.
  • Proficiency in Python, or knowledge of other languages like C++ or Java.
  • Proficiency with machine learning and AI applications.
  • Excellent written and verbal communication skills.
  • High level of intellectual curiosity, self-motivation, strong work ethic, and a keen attention to detail.
  • Ability to be collaborative and work effectively in a team-oriented, fast-paced, and dynamic environment.
  • Strong analytical, problem-solving and critical thinking abilities.
  • Demonstrated interest in hedge funds/financial services.

Compensation
The estimated base salary range for this position is $150,000 - $200,000, which will be prorated based on internship start and end date.