Launched in 2009 by a landmark gift from the Chicago Mercantile Exchange Trust, the Margolis Market Information Lab in the Business Instructional Facility has become one of the leading university finance learning and research labs in the United States.  It is equipped with state‐of‐the‐art software products used globally by industry firms in all areas of finance.

MIL Fellowship Program Details

The Lab is home to the Fellowship Program.  The purpose of this fellowship is to advance the finance profession by providing aspiring students with enhanced educational opportunities related to understanding financial markets, and financial research and analytical tools.  Fellows are top students from a variety of disciplines. Their work includes developing and teaching software workshops and providing support to students who use the tools for class projects or research.  The knowledge and skills gained throughout the Fellowship Program has helped fellows stand out from the competition throughout recruiting and on the job.  Former and current fellows are affiliated with top trading and investment banking firms.  Such firms include J.P. Morgan, UBS, Credit Suisse, DRW Trading, BP, Deutsche Bank, Wells Fargo, and many others.  The fellowship experience has shaped their ability to (1) attain these top jobs, and (2) hit the ground running as top-performers in their respective fields.

MIL Fellowship Qualifications and Eligibility Criteria

*University undergraduate or graduate student with an earliest expected graduation date of May 2016

*Recommended cumulative GPA of 3.5

*Experience with financial information systems or securities trading software is strongly desired

*Solid programming skills are a plus (e.g. Matlab, R)

*Demonstrated interest in financial markets

*Strong quantitative and analytical skills

*Excellent presentation skills

*Cooperative spirit and supporting attitude

*Availability of 8 hours per week

They are seeking self-motivated, teamwork-minded individuals with a passion for financial markets and securities trading.  This is a paid position that can set you apart from your peers and position you well for your career.

Application Process

Online applications must be submitted via this application form found at https://illinois.edu/fb/sec/5476713 by 11:59 p.m. CT on Sunday, October 26, 2014. Qualified candidates are invited to deliver a presentation on one of the lab’s software products, and finalists will be invited for an in-person interview.

Thanks to Martin Maurer of the Market Information Lab for this information item.