Morningstar
Morningstar Internship Program- Quantitative Research Intern 2027 (Campus)
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.
Morningstar Chicago, Illinois, USA Office
Morningstar Global Headquarters Office
22 West Washington Street, Chicago, IL, United States, 60602
Morningstar’s Chicago office is the company’s headquarters, bringing together teams across research, technology, product, sales, corporate functions, and more. Employees work in a mission-driven culture shaped by independent thinking, openness, and fact-based decision-making, with the energy of a downtown location and opportunities to connect across teams.
Software Engineering
Software engineers at Morningstar build and maintain the applications that power the firm's work, and they do it in a culture built on independent thinking, evidence-based decisions, and continuous learning. Engineers are trusted to bring their own perspective and judgment to how the work gets done. That's not incidental to the culture here; it's central to it.
Product Manager
Product managers at Morningstar sit at the center of decisions that shape what gets built, and how it works. In Chicago, product managers work across areas including Credit Ratings; Data, Analytics & Research; Indexes; Investment Management & Services; and Corporate. Product managers are trusted to define what problems are worth solving and bring their own judgement to every stage of the process.
Research
Research at Morningstar spans markets, asset classes, and disciplines, all connected by the same purpose: give investors what they need to make confident decisions. Our independent research covers equities, managed investments, fixed income, alternatives, private markets, ESG and climate, and credit ratings. Analysts bring their own judgment to complex questions, and that independence is central to how the work gets done.
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