INTERNSHIP DETAILS

Morningstar Internship Program- Quantitative Research Intern 2027 (Partner Link)

CompanyMorningstar
LocationChicago
Work ModeOn Site
PostedJuly 30, 2026
Internship Information
Core Responsibilities
The intern will assist in cleaning and organizing financial datasets while supporting the development and testing of models using statistical techniques. They will also collaborate with internal teams to communicate research findings through visualizations and shadow quantitative analysts.
Internship Type
full time
Company Size
12017
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, institutional investors in the debt and private capital markets, and alliances and redistributors. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $369 billion in AUMA as of Sept. 30, 2025. The Company operates through wholly-owned subsidiaries in 32 countries.
About the Role

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

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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.

Key Skills
PythonRSQLData analysisStatistical methodsFinancial analysisData visualizationResearchInvestment analysisFinancial modelingCommunicationDetail-orientedProblem solvingTeamworkData science
Categories
Data & AnalyticsFinance & AccountingScience & ResearchTechnology
Benefits
401k matchStock ownership potentialLife insuranceHealth benefitsHSA contributionsWellness incentivesDisability insuranceTrust-based time offPaid sabbatical programPaid family caregiving leavePaid parental leaveAdoption assistanceLeadership coachingMentorship opportunitiesFlex stipendTuition reimbursementCharitable matching giftsPaid volunteering days