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How much do summer phd statistics internship jobs pay per hour?

As of Aug 7, 2026, the average hourly pay for summer phd statistics internship in the United States is $17.31, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $19.23 per hour, depending on experience, location, and employer.

What types of projects do summer PhD statistics interns typically work on, and how do these projects contribute to their professional development?

Summer PhD Statistics Interns often work on real-world data analysis, model development, or statistical research projects that directly support the company's objectives. These projects may involve collaborating with cross-functional teams, such as data scientists, engineers, or subject matter experts, to solve complex business problems. By engaging in these initiatives, interns gain hands-on experience with industry-standard tools and methodologies, enhance their communication skills, and build a portfolio of impactful work that can benefit their future academic or industry careers.

What is a summer PhD statistics internship?

A Summer PhD Statistics Internship is a temporary, typically paid position offered during the summer months to doctoral students specializing in statistics or related fields. Interns work on real-world projects, applying their statistical knowledge to solve business, research, or industry problems. These internships provide hands-on experience, exposure to different statistical methods and software, and valuable networking opportunities. They often serve as a pathway to full-time roles in academia, industry, or research organizations.

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

To thrive as a Summer PhD Statistics Intern, you typically need advanced knowledge of statistical theory, data analysis, and programming, usually as part of a current PhD program in statistics or a related field. Familiarity with statistical software such as R, Python, SAS, or MATLAB, and experience with data visualization tools, is commonly required. Strong analytical thinking, problem-solving abilities, and effective communication skills help you interpret complex data and present findings clearly. These skills and qualities are essential for delivering high-quality research support, contributing to team projects, and making meaningful insights from data.
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Summer Phd Statistics Internship jobs near you
Infographic showing various Summer Phd Statistics Internship job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 30% Full Time, 59% Part Time, 1% Temporary, 8% Contract, and 1% Summer. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $35,995 per year, or $17.3 per hour.

Summer Intern 2027 - Quantitative Researcher (PhD)

Five Rings LLC

Manhattan, NY • On-site

$300K/yr

Other

Posted 4 days ago

Job description

Summer Intern 2027 - Quantitative Researcher

Five Rings is a proprietary trading firm founded with a vision of combining strategy, innovation and technology to succeed in today's global markets. With offices in New York, Boca Raton, London and Amsterdam, Five Rings trades in various domestic and international markets, both established and esoteric. Our team constantly seeks new opportunities, analyzes their risks and rewards, and creates strategies and tools to capitalize on them.

We have an open culture and encourage the flow of knowledge and ideas between all areas of the firm.

About the Program

Five Rings offers an intensive 9 week summer internship program that runs from the beginning of June through the beginning of August. The program includes immersion in hands-on projects, classroom instruction, and in-house built strategy games. Interns will work closely with the research team on development projects. You will have a mentor fully dedicated to you during the internship.

You will take part in a series of talks to introduce you to key trading concepts. We also offer a variety of activities such as strategic game nights, nights out in NY, dinners, and so much more.

About You
  • Must be working towards a PhD in computer science, mathematics, physics, statistics, economics, or another qualifying field
  • Exceptional at math and with other quantitative skills
  • Has a hunger to work on some of the most complex mathematical problems we find
  • Must enjoy problem solving as this is at the forefront of the role
  • Enjoys initiating/acting on a thought or idea as soon as it comes to mind
  • Proven track record of success within candidates field of specialty
  • Excited to work as a team, but also comfortable testing ideas independently
  • Must have basic programming experience through internships or academia
  • Meticulous and detail-oriented
  • Eager to learn

Annual Base Salary: $300,000. Additionally, interns receive a sign on bonus and corporate housing.

Apply