Index Research & Development Intern - Summer Internship

Position: Index Research & Development Intern - 2026 Summer Internship
Internship Overview:

Nasdaq's Internship Program provides outstanding opportunities for students to gain hands-on experience during a 10-week internship. As part of the program, you will partner with a mentor, network with senior colleagues, and take on a real-world project with real-world impact and gain practical skills that will help shape your career for years to come. Additionally, you will meet with senior leaders and participate in professional development activities throughout your internship.

The Index Research & Development Intern will be responsible for developing new indexes that will be benchmarks for financial products such as exchange traded funds (ETFs).

What You'll Do

* Collaborate with the Americas Index Research & Development team to build index strategies that will serve as benchmarks for financial products (e.g. ETFs).

* Develop index rebalance and reconstitution models based on both internally and externally generated ideas

* Evaluate index models & ideas through back testing and comparative analysis

* Create client-facing analysis based on the results of back testing index strategies

* Support activities across the index product life cycle - pitching new index ideas to clients, launching and operationalizing new indexes, and creating research content to educate stakeholders on newly launched indexes.

You can expect a collaborative, fast-paced and constantly evolving work environment where you are recognized for your results and ability to drive things forward proactively & persistently. Every day brings many opportunities to learn & grow and rewards with a global impact we create.

This position will be located in Philadelphia and offers the opportunity for a hybrid work environment at least 3 days a week in-office, subject to change, providing flexibility and accessibility for qualified candidates.

Come as You Are

Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.