The Chicago Board Options Exchange (CBOE) offers an exceptional internship program that provides students with firsthand experience in the financial markets. Known for its innovation in options and derivatives trading, CBOE’s internship opportunities allow students to dive deep into market operations, technology, data analytics, and financial strategies. These internships are crafted for motivated individuals who are eager to develop technical and professional skills in a dynamic and fast-paced environment.
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Overview of the Program
CBOE’s internship program typically runs during the summer and spans about 10 to 12 weeks. The company welcomes undergraduate and graduate students who are pursuing degrees in finance, economics, mathematics, computer science, engineering, and related disciplines.
The program is designed to combine practical experience with professional development sessions, networking events, and mentorship from industry experts. Interns gain exposure to real-world projects that have a tangible impact on the company’s success, providing a strong foundation for future careers in finance or technology.
Areas of Internship
CBOE offers internships across multiple departments, including trading operations, market data analytics, finance, risk management, compliance, information technology, and software development. In trading and market operations, interns learn how global markets function and gain insights into the mechanisms behind pricing, execution, and liquidity.
Those in technology and data-related roles work on projects involving automation, cybersecurity, and system optimization, helping to enhance trading platforms and infrastructure.
Students interested in finance and accounting may assist in preparing reports, analyzing performance metrics, or studying market trends. Risk management interns evaluate exposure models and assess strategies to mitigate financial risks, while compliance interns support the development of procedures that ensure regulatory adherence.
Each department provides unique exposure to the key aspects of the financial exchange ecosystem, helping interns align their academic knowledge with real-world practice.
Learning and Development Opportunities
CBOE places great emphasis on professional growth. Interns participate in workshops, leadership discussions, and skill-building sessions focused on financial modeling, data visualization, and analytical tools. Mentorship plays a central role in the internship experience — every intern is paired with a mentor who provides guidance, feedback, and career advice. These mentors often come from senior-level positions within the company, allowing interns to learn from some of the most experienced professionals in the field.
In addition, CBOE organizes networking sessions where interns interact with peers, managers, and executives. These events not only help interns develop communication skills but also broaden their professional network. The company’s inclusive and collaborative environment fosters creativity and encourages interns to share their ideas and perspectives.
Who Should Apply
CBOE seeks individuals who are curious, detail-oriented, and passionate about financial markets and technology. Strong analytical, quantitative, and problem-solving skills are highly valued. Candidates should also demonstrate a willingness to learn and adapt to new challenges, as the financial industry evolves rapidly. Previous experience in data analytics, programming (especially in Python, R, or SQL), or finance-related coursework can be an added advantage.
How to Apply
Interested students can apply for CBOE internships through the company’s official careers page, where open positions are posted throughout the year. The selection process usually includes an online application, technical assessments (for certain roles), and one or more interviews. Early application is encouraged, as positions tend to be competitive.z
Official Website
Every detail is clearly laid out on the official website.