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Summer Internship Jobs in Ridgewood, NJ (NOW HIRING)

Quadrature Capital

Internships

New York, NY · On-site

We offer London and New York based, competitively paid summer internships to University students from across the globe. Internships We offer 11-week internships to undergraduate and postgrad students ...

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How much do summer internship jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for summer internship in Ridgewood, NJ is $16.67, according to ZipRecruiter salary data. Most workers in this role earn between $14.62 and $17.50 per hour, depending on experience, location, and employer.

What is a summer internship?

Summer internships are short-term work experiences, typically lasting 8 to 12 weeks during the summer months, that allow students or recent graduates to gain practical experience in a professional setting. These positions are often offered by companies, non-profit organizations, or government agencies and may be paid or unpaid. Interns get the opportunity to apply their academic knowledge, develop new skills, and network with professionals in their chosen field. Participating in a summer internship can be a valuable step towards securing future employment or exploring potential career paths.

What types of projects and responsibilities can I expect during a summer internship?

Summer interns typically work on a variety of projects that align with the organization's current needs, which may include research, data analysis, assisting with team projects, or supporting daily operations. You can expect to collaborate with full-time staff, attend team meetings, and sometimes present your findings or progress. The work environment is often fast-paced, with opportunities to learn from professionals in your field and gain hands-on experience. Interns are usually encouraged to ask questions and seek feedback, making it a valuable period for skill development and networking.

What are the qualifications to get a summer internship?

Each individual employer has their own qualifications and requirements for summer internship candidates. Some internships require that you are currently pursuing a degree in a specific industry. For example, if you want to intern at a law firm, they may only seek applicants who are enrolled in a law school program. In addition, some employers have minimum GPA requirements. The required skills also depend on the industry but, generally, you must have excellent multi-tasking and communication abilities. If you want to obtain a summer engineering internship, then having strong math and analytical skills is helpful. Summer internships have an application process, which may include an essay or cover letter in which you describe why you are a good fit for the internship.

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

To thrive as a Summer Intern, you typically need a strong academic background relevant to the field, basic organizational skills, and a willingness to learn. Familiarity with productivity tools like Microsoft Office, Google Workspace, and sometimes industry-specific software is often expected. Proactive communication, adaptability, and a collaborative attitude help interns stand out. These skills and qualities are important because they enable interns to contribute effectively, gain valuable experience, and integrate smoothly into professional environments.

What is the difference between Summer Internship vs Entry-Level Position?

AspectSummer InternshipEntry-Level Position
CredentialsTypically students or recent graduates; no formal certifications requiredRequires a relevant degree or diploma; may need some certifications depending on the field
Work EnvironmentTemporary, often in a structured program within a company or organizationFull-time, permanent role within the company or industry
PurposeGaining experience, exploring career options, networkingPerforming job duties, gaining professional experience, contributing to the organization
DurationUsually 8-12 weeks during summer monthsTypically 12 months or longer, with ongoing responsibilities

In summary, a Summer Internship is a short-term, temporary position aimed at students or recent graduates to gain industry experience, while an Entry-Level Position is a permanent role for individuals starting their professional careers in the same field.

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Summer Internship jobs near you
Infographic showing various Summer Internship job openings in Ridgewood, NJ as of August 2026, with employment types broken down into 29% Internship, 50% Full Time, 14% Part Time, and 7% Temporary. Highlights an 86% In-person, 7% Hybrid, and 7% Remote job distribution, with an average salary of $34,665 per year, or $16.7 per hour.

2027 Trading and Research Summer Internship

Capula

New York, NY

Full-time

Re-posted 21 days ago

Job description

Capula Investment Management is a leading global hedge fund managing over $35 billion in assets. We are headquartered in London and have offices in New York, Singapore, Hong Kong, Tokyo, Geneva and Abu Dhabi. We manage absolute return, enhanced fixed income, macro and alpha strategies for a diversified group of investors worldwide. Capula invests in a broad universe of asset classes, including fixed income, equities, currencies and commodities, as well as derivatives related to these asset classes.

The Internship Programme:

Each year we hire a small cohort of highly motivated and intellectually curious students who are interested in pursuing a career in trading to join our Summer Internship Programme. We hire interns our global offices in London, New York, Hong Kong, Singapore and Tokyo.

This is a fantastic opportunity to work with some of the industry's best traders who have a strong, proven track record. Interns are embedded within a specific team and will gain direct experience of working with portfolio managers and traders, develop quantitative strategies and models that will contribute to real trading decisions.

The internship runs for ten weeks from June to August. At the start of the internship, you will join us at our London headquarters for Intern Orientation Week, where you will participate in training and activities that will help prepare you with the skills and knowledge to excel in the internship. This includes:

  • Training on financial markets;
  • Trading Simulation game;
  • Presentations from senior stakeholders and managers of front office and support teams; and
  • Social and networking activities, including an intern dinner with Senior Portfolio Managers

Your responsibilities as an intern will include:

  • Working closely with Traders, Portfolio Managers and Quantitative Researchers on defined project(s) leading directly to trading decisions;
  • Receiving and participating in training in financial modelling, analysis, research methods and trading strategies;
  • Evaluating market conditions and economic data analysis;
  • Assisting in developing research ideas to support the desk's trading strategies; and
  • Developing tools and reports to aid in trade analysis and identification

The recruitment process is typically as follows:

  • Python coding challenge
  • Interview with our Talent team
  • Quantitative interview with a member of the Quantitative Strategy team
  • Final interview with a Senior Trader or Portfolio Manager, and Chief of Staff

Applications are screened on a rolling basis, so we recommend you apply as early as possible.

Diversity, Equity and Inclusion

Capula is committed to fostering a collaborative and inclusive environment, providing employees with the opportunity to develop their skills and advance their careers in the financial sector. We actively promote equality of opportunity for all with the right mix of talent, skills and potential, and welcome applications from a wide range of candidates.

Requirements

  • Students due to graduate in 2027 or 2028, who are working towards a Bachelor's, Master's or PhD degree in a Economics, Finance or a quantitative discipline (e.g. Mathematics, Physics, Computer Science, Engineering etc.)
  • A demonstrable interest in financial markets and trading (although no previous finance experience is required)
  • Outstanding quantitative and analytical skills
  • Experience with Python and Excel (C++, R and Java are also beneficial, though not essential)
  • Strong interpersonal and communication skills

Benefits

  • Competitive salary
  • Relocation assistance (accommodation allowance and travel to/from the internship location)
  • Visa sponsorship
  • Employee restaurant with free breakfast, lunch and dinner in London, and subsidised lunch options in our other global offices

Apply