Index Research & Development Intern - 2026 Summer Internship
Philadelphia, PA
Internship
Hybrid
Intern
Nasdaq is a leading global financial services company, and they are seeking an Index Research & Development Intern for their 2026 Summer Internship. The intern will collaborate with the team to develop new indexes for financial products, support activities across the index product life cycle, and engage in professional development activities throughout the internship.
Responsibilities
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
Qualification
Required
Currently enrolled in a degree program related to finance, economics, mathematics, statistics, or a related field
Strong analytical skills and attention to detail
Ability to work collaboratively in a team environment
Proficiency in Excel and data analysis tools
Excellent communication skills, both written and verbal
Preferred
Experience with financial modeling or index development
Familiarity with programming languages such as Python or R
Knowledge of financial products, particularly ETFs
Nasdaq is a global provider of trading, clearing, exchange technology, listing, information, and public company services.
