IMC Trading · Chicago, IL

Salary
$300,000from the description
Posted
Jun 30, 2026
Location
Chicago, IL
Last confirmed open
Jul 20, 2026

What this job asks for AI summary

Junior level · Chicago, IL · Internship

Must have (1)
deep learning
Nice to have (2)
Python, C or C++machine learning

“or” means any one of them counts — you don't need all of them.

Posted 2 times — it's one opening, so apply once.

We read this from the posting text with AI. Skim the description below before ruling yourself out.

How this req sits in the market our data

Roughly 1,000 people in the Chicago, IL area plausibly meet what this posting asks for (data scientists). range 760–1,300

Applicant volume Heavy — This req sits in a large pool with little in its requirements to thin it, and auto-apply tools fire at everything in the occupation. Applying early and leading with the rare skills below is what gets read.

What won't set you apart
deep learning40%

Most people in this occupation already list these. Still required — just not what gets you shortlisted.

What the occupation pays Median $110,007 (middle half $86,460–$141,249). This posting is about at that midpoint.

Estimated from BLS employment for this occupation and area, per-skill prevalence across our listing corpus, and published wage benchmarks — as of Jul 28, 2026. It is a model, not a headcount.

Why we read it this way (6)

This is a 10-week summer internship (in-person start June 7, 2027), not a full-time role. The $300,000 figure is labeled 'Base Salary' with no stated period — given the internship context this almost certainly represents an annualized equivalent used for comparison, but the posting quotes it without a per-hour or per-week basis, so it is captured as-stated.

Deep learning is listed under the 'Skills & Experience' requirements section as a hard gate ('Direct experience in applying deep learning, or alternatively an academic track record of publications in a related domain'). The 'or alternatively publications' clause offers a substitute path but does not make the underlying research-depth requirement optional.

Python, C, and C++ are listed together as 'highly desired' — not required language — so they are marked preferred, with C and C++ as alternatives to Python.

The posting targets PhD students in ML, CS, Computer Engineering, Physics, Statistics, or Mathematics graduating Sept 2027–July 2028. No minimum degree is formally required (it is framed as 'pursuing an advanced degree such as a PhD'), so the degree requirement is set to None.

No explicit Chicago location is stated in the posting, but IMC's US headquarters is Chicago; the in-person requirement and US context make this the most reasonable metro assignment.

Posting is for a internship engagement — the market benchmarks below price full-time roles, so read the comp comparison with that in mind.

Read the full posting

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