Software Engineering Fellowship - Summer 2027

Posted 3 Days Ago
Be an Early Applicant
Wacker, IL, USA
In-Office
22-36 Hourly
Entry level
Financial Services
The Role
Paid 10–12-week hybrid fellowship for undergraduate students to gain software development experience. Fellows join a software team, participate in projects from inception through delivery, learn software design and coding practices, attend technical enrichment sessions, and receive mentorship. The program is aimed at rising sophomores and juniors, particularly students affiliated with designated partner programs.
Summary Generated by Built In

The Software Engineering Fellowship is a unique track within our Technology Internship Program that focuses on building technical learning, career development, and professional skills, helping students create connections between their academic work and the technology industry. Fellows will explore the fundamentals of good software design and work alongside a professional mentor to grow their skills. 

 

This is a 10 to 12-week paid, full-time internship for undergraduate students with a desire to learn and a passion for technology. Although students at all levels are welcome to apply, this program is targeted towards rising sophomore and junior students (class of 2028 and 2029) who may not have previously held a software engineering internship.  

 

The Fellowship is a hybrid experience based out of our Chicago office. The summer program includes numerous opportunities to network with peers from across the country during a summer full of experiences such as excursions to enjoy Chicago traditions, trading and coding challenges with prizes, speaker series, and other opportunities for professional development.

 

Qualifications: 

  • Currently pursuing an undergraduate degree in computer science or a related field

  • Passionate about technology, problem solving, and continuous learning

  • Good communication skills

  • Attention to detail

Only students who are affiliated with the following programs are eligible to apply*: 

  • CME Foundation Scholars 

  • CME Star Scholars 

  • Arrupe College Students/Alumni 

  • Braven Fellows 

  • Chicago Scholars

  • City Colleges of Chicago School of Excellence for Engineering and Computer Science Students/Alumni 

  • College Possible Students/Alumni

  • Genesys Works Alumni 

  • Posse Foundation Scholars 

  • Rock the Street Wall Street Alumni 

*Please be sure to indicate your affiliation with one or more of these groups on your resume to ensure consideration for this Fellowship.

Opportunities/Intern Expectations:  

  • Real Development Experience: Be embedded on a software development team and participate in the full life cycle of projects from inception to delivery. 

  • Enrichment: Attend technical talks by CME Group employees from across the organization, learn about CME’s coding practices and team dynamic, gain insight into technical interview preparation, and develop other skills that will set you up for success in future endeavors. 

  • Mentorship: Receive coaching and mentorship from a team of managers who are invested in your success and skill development. 

  • Lasting Connections: Build personal networks and friendships with students from around the country who share your passion for technology. 

Sponsorship Qualifications:

Please note that our company is unable to provide employment sponsorship for this position and can only consider candidates who are legally authorized to work in the United States without sponsorship assistance (CPT, H1B, F1, L etc.).

CME Group is committed to offering a competitive pay package for our employee interns. The pay range typically applicable to our intern roles is $21.68--$36.10. Actual pay offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education, location of the internship, and the internship area of focus. Through our benefits program, we offer our employee interns the opportunity to participate in select offerings. This includes our comprehensive health coverage and a mental health benefit.

CME Group: Where Futures are Made

CME Group is the world’s leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we’re looking for more.

At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone’s perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.

Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.

Skills Required

  • Currently pursuing an undergraduate degree in computer science or a related field
  • Passion for technology, problem solving, and continuous learning
  • Good communication skills
  • Attention to detail
  • Affiliation with at least one of the listed eligible scholarship, fellowship, or student programs
  • Legally authorized to work in the United States without employment sponsorship assistance

CME Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about CME Group and has not been reviewed or approved by CME Group.

  • Retirement Support U.S. offerings include both a 401(k) and a company-funded cash-balance pension, strengthening long-term financial security. This dual-track structure is highlighted as a notable differentiator among private employers.
  • Leave & Time Off Breadth PTO and holiday schedules are described as generous, with ample time off and carryover commonly highlighted. This breadth of leave meaningfully enhances perceived total rewards.
  • Flexible Benefits A flexible, hybrid work model applies to many roles, increasing day-to-day usability of the package. Flexibility is framed as a standard feature rather than an exception.

CME Group Insights

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The Company
HQ: Chicago, IL
3,291 Employees

What We Do

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex® electronic trading platform and its trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the world’s leading central counterparty clearing provider in the world, which offers clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort®. These products and services ensure that businesses everywhere can substantially mitigate counterparty credit risk in both listed and over-the-counter derivatives markets.

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