Quantitative Research Intern (BS/MS) - Summer 2027

ittihad medical centre; Chicago (IL); On-site; USD 225,000 - 275,000; Full time

Job summary

ittihad medical centre in Chicago is offering a 10-week internship as a Quant Researcher. Interns will work on impactful projects alongside mentors and enhance their understanding of options theory and market making.

The ideal candidate is a current university student graduating between September 2027 and July 2028, pursuing a degree in a highly quantitative field. This role offers a competitive salary of $250,000 along with additional benefits.

Qualifications

• Current university student graduating between September 2027 – July 2028.
• Passion for research and solving complex problems.
• Creative thinker who is driven, resilient, and eager to develop trading intuition.

Responsibilities

• Team up with Quant Researchers on projects that impact business.
• Enhance understanding of options theory through instruction.
• Develop research skills with support from a mentor.
• Build connections in a collaborative environment.
• Engage in professional development sessions.

Skills

Numerical skills

Analytical skills

Critical thinking

Programming (Python, C, C++)

Education

Bachelor's or Master’s degree in Mathematics, Engineering, Statistics, Physics, Computer Science

Job description

Our 10-week internship is your chance to experience life as a Quant Researcher at IMC. You will work alongside your mentor to explore new research ideas and build custom analysis tools that may be deployed into production. Throughout the summer, there will be opportunities to enhance your knowledge of options theory, market making, algorithm complexity and trades analysis. We provide a highly competitive compensation package with accommodations included. The bar for talent at IMC is high and interns who meet our performance expectations will have the opportunity to secure a full time Graduate Quant Researcher position at the end of the program. Where you go from here is up to you!

Your Core Responsibilities:

• Team up with Quant Researchers to work on real projects that have potential to impact our business
• Enhance your understanding of options theory through classroom-based instruction
• Develop your research skills with support and feedback from a dedicated mentor and intern lead
• Build valuable connections in an environment that recognizes and rewards problem solving, innovation and teamwork
• Engage in professional development sessions aimed at helping you envision your future at IMC
• Attend a full-schedule of events and social activities to get to know your cohort and current employees

Your Skills & Experience:

• Current university student graduating between September 2027 – July 2028 that is pursuing a Bachelor’s or Master’s degree in Mathematics, Engineering, Statistics, Physics, Computer Science, or another highly quantitative field
• Superior numerical, analytical, and critical thinking skills
• Has a passion for research and solving complex problems
• A creative thinker who is driven, resilient, and eager to develop trading intuition
• Experience in a programming language (Python, C, C++) is highly desired
• Must be able to start internship in-person on June 7, 2027

You may submit one application per role each year. We strongly encourage you to focus on applying to a single role that best matches your skills and interests. Though you may apply to multiple roles, please note that each application will be evaluated based on the specific criteria established for that particular role. If you have already applied for this position during the current recruitment season and were not selected, you may reapply when the next recruitment season begins in 2027.

The Base Salary range for the role is included below. Base salary is only one component of total compensation; all full-time, permanent positions are eligible for a discretionary bonus and benefits, including paid leave and insurance. Please visit Benefits - US | IMC Trading for more comprehensive information.

Base Salary: $250,000