Quantitative Research Intern PhD Summer 2027

IMC Financial Markets; Chicago (IL); On-site; USD 225,000 - 275,000; Full time

Job summary

IMC Financial Markets is offering a 10-week internship for a Quant Researcher track. You will work with a mentor to explore research ideas and build tools that may go into production.

The program includes lectures on options theory, market making, algorithm complexity and trades analysis, with a path to a full-time graduate position upon strong performance. You will collaborate with researchers on projects, receive feedback, and participate in professional development events designed to shape

Qualifications

• Must be a current university student graduating between Sep 2027 and Jul 2028 pursuing a PhD in a highly quantitative field.
• Superior numerical, analytical and critical thinking skills.
• Passion for research and solving complex problems.
• Creative thinker driven to develop trading intuition.
• Experience in Python, C or C++ is highly desired.
• Must be able to start internship in-person on June 7, 2027.

Responsibilities

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

Skills

Numerical skills

Analytical thinking

Programming experience

Trading intuition

Education

PhD candidate

Tools

Python

C

C++

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 and Experience

• Current university student graduating between September 2027 - July 2028 that is pursuing a PhD 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

Base Salary: $250,000