Morningstar Logo

Morningstar

Morningstar Internship Program- Quantitative Research Intern 2027 (Campus)

Posted Yesterday
Be an Early Applicant
Hybrid
Chicago, IL
100-500 Hourly
Internship
Hybrid
Chicago, IL
100-500 Hourly
Internship
Supports quantitative research by cleaning financial datasets, testing statistical models, creating visualizations, documenting findings, and collaborating with analysts and internal teams. The intern gains exposure to investment analysis, financial technology, and research workflows through mentorship, training, and project-based work.
The summary above was generated by AI
About the Group: As a Quantitative Research Intern, you’ll be part of a cohort of interns across the company, participating in training, mentorship, and networking opportunities while contributing meaningfully to our research and data science initiatives. We welcome students who are curious, analytical, and passionate about using data to improve investor outcomes. This internship is ideal for those interested in quantitative research, investment analysis, and financial technology. 

The Program: We created the Morningstar Summer Internship Program for college students entering their final year as a first step towards successful, long-term careers in any professional field. Participants will contribute to different aspects of Morningstar’s business through ten-week- individual and group projects, learning about the financial services and securities industries, and gaining critical business development skills. Our interns receive hands-on mentoring from their colleagues and the People & Culture team to help them succeed at Morningstar. 

Job Responsibilities:  

  • Assist in cleaning and organizing financial datasets for use in research projects. 

  • Support the development and testing of models using basic statistical techniques. 

  • Help build visualizations and summaries to communicate research findings. 

  • Shadow quantitative analysts to learn how they apply data science to investment questions. 

  • Collaborate with internal teams to understand how research connects to Morningstar’s products and services. 

  • Participate in team meetings and contribute ideas to improve research workflows. 

  • Document processes and findings to support transparency and reproducibility. 

Qualifications 

  • Between 0-2 years of professional working experience.

  • Currently pursuing a bachelor’s degree in a quantitative or financial discipline (graduating in 2026 or later). 

  • Familiarity with Python or R for data analysis. 

  • Basic knowledge of SQL and statistical methods. 

  • Strong communication skills and ability to explain technical concepts clearly. 

  • Detail-oriented, curious, and eager to learn. 

  • Comfortable working independently and in team settings. 

  • Prior experience with research projects, coding, or financial analysis is a plus. 

  • Must possess unrestricted right to work in the U.S. for this position. 

  • A resume is required to apply. Please include the word "Resume" in the file name of the resume you upload. 

Location:  Chicago  

Compensation: $25 per hour

This Role will be posted until October 5, 2026.

Compensation and Benefits

At Morningstar we believe people are at their best when they are at their healthiest. That’s why we champion your wellness through a wide range of programs that support all stages of your personal and professional life. Here are some examples of the offerings we provide:

  • Financial Health

    • 100% 401k match up to 6% of salary

    • Stock Ownership Potential

    • Company provided life insurance - 1x salary + commission

  • Physical Health 

    • Comprehensive health benefits (medical/dental/vision) including potential premium discounts and company-provided HSA contributions (up to $500-$2,000 annually) for specific plans and coverages

    • Additional medical Wellness Incentives - up to $300-$600 annual

    • Company-provided long- and short-term disability insurance

  • Emotional Health 

    • Trust-Based Time Off

    • 6-week Paid Sabbatical Program

    • 6-Week Paid Family Caregiving Leave

    • Competitive 8-24 Week Paid Parental Leave

    • Adoption Assistance

    • Leadership Coaching & Formal Mentorship Opportunities

    • Annual Flex Stipend - $1000 annually to cover personal education & well-being expenses

    • Tuition Reimbursement

  • Social Health 

    • Charitable Matching Gifts program

    • Dollars for Doers volunteer program

    • Paid volunteering days

    • 15+ Employee Resource & Affinity Groups

Morningstar's hybrid work environment gives you the opportunity to collaborate in-person each week as we've found that we're at our best when we're purposely together on a regular basis. In most of our locations, our hybrid work model is four days in-office each week. A range of other benefits are also available to enhance flexibility as needs change. No matter where you are, you'll have tools and resources to engage meaningfully with your global colleagues.

Similar Jobs at Morningstar

48 Minutes Ago
Hybrid
100K-500K Annually
Junior
100K-500K Annually
Junior
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Performs Structured Finance security mappings, data quality controls, reconciliations, regulatory reporting checks, and dataset validation. Maintains metadata, data dictionaries, and data lineage for governance and AI-ready initiatives. Investigates and documents data issues while collaborating with Data, Credit Operations, Technology, and global stakeholders. Supports accurate, complete, timely, and compliant ratings and regulatory datasets.
Top Skills: DatabasesExcelSQL
10 Hours Ago
Hybrid
121K-186K Annually
Senior level
121K-186K Annually
Senior level
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Own operations and governance for enterprise planning platforms (budgeting, forecasting, workforce and compensation planning). Lead requirements gathering, solution design, enhancements, integrations, testing, deployments, production support, and user adoption. Partner with Finance, People & Culture, Technology, and vendors to drive platform roadmap, controls, documentation, and training to improve planning, reporting, and process efficiency.
Top Skills: Adaptive PlanningOracle EpmOracle Narrative ReportingOracle PbcsOracle PcmcsSnowflakeTableauWorkday
Yesterday
Hybrid
100-500 Hourly
Internship
100-500 Hourly
Internship
Artificial Intelligence • Big Data • Enterprise Web • Fintech • Software • Financial Services
Ten-week technology internship for college students graduating in 2027. Interns join Agile squads, contribute to individual and group projects, research and analyze business problems, collaborate with teammates, present findings to senior leaders, and participate in technology training and mentoring. The program offers exposure to software, cloud, data, infrastructure, design, financial data, and products, with potential consideration for Morningstar’s Development Program after graduation.
Top Skills: Agile

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account