FAQs
What is the duration of the Quantitative Modeling Summer Internship?
The internship lasts for 10 weeks.
What qualifications are required to apply for this internship?
Applicants must be pursuing a Master’s or PhD degree in Statistics, Mathematics, Physics, Engineering, Financial Engineering/Mathematics, Economics, or other highly quantitative degrees, with a target graduation date of December 2025 or May 2026.
What programming skills are preferred for this position?
Preferred programming skills include C++, Python, R, and other related programming languages.
Is this internship paid?
Yes, it is a paid internship.
When is the expected start date for the internship?
The internship program is expected to start on June 9, 2025.
Will interns receive mentorship during the internship?
Yes, interns will receive mentorship and guidance throughout the internship.
Are there networking opportunities available during the internship?
Yes, there are networking opportunities with senior leadership, U.S. Bank team members, and other interns.
What kind of work will interns be doing?
Interns will be involved in creating, validating, testing, and documenting models that impact the business, as well as monitoring existing models.
What is the work schedule for this internship?
Interns work approximately 40 hours each week during the internship.
Is there a pathway to full-time employment after the internship?
Yes, there is a potential pathway to a full-time offer upon graduation into a rotational program.
Can applicants with a criminal record apply for this position?
Yes, U.S. Bank will consider qualified applicants with arrest or conviction records for employment.
Are there specific benefits associated with this internship?
Yes, the internship offers meaningful hands-on work, networking opportunities, and the potential for a full-time offer after graduation, among other benefits.
How does U.S. Bank approach diversity in hiring?
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce and considers all qualified applicants regardless of various factors including race, gender, and disability status.
What is the compensation range for this internship?
The pay range for this internship is $28.27 - $37.69 - $41.46, depending on the location and other factors.