Vanguard

Vanguard

Client-owned investment manager offering low-cost funds

Data Scientist Intern - Data Science

Summer 2027
No salary listed
Internship
Master's, PhD
Malvern, PA, USA
Hybrid

Hybrid working model with in-person learning, collaboration, and connection.

No H1B Sponsorship

About the job

Requirements
  • Be enrolled in a master's degree or PhD program, or advanced graduate study, in Data Science, Analytics, Applied Mathematics, Statistics, Economics, Computer Science, or a related quantitative field.
  • Have experience through coursework, research, internships, or projects using SQL, Python, statistical methods, machine learning libraries, or cloud-based analytics tools.
  • Have a strong interest in advanced analytics, machine learning, artificial intelligence, and using data to solve complex business problems.
  • Demonstrate leadership skills or leadership aspirations.
  • Have strong analytical, communication, interpersonal, and problem-solving skills.
  • Be able to work independently and in a collaborative, team-oriented environment.
Responsibilities
  • Support advanced analytics work to identify patterns, predict outcomes, and improve decision-making at scale.
  • Prepare, transform, and analyze data for machine learning, statistical modeling, and artificial intelligence-driven solutions.
  • Contribute to model development, testing, validation, and experimentation with data scientists and business stakeholders.
  • Communicate analytical findings, implications, and recommendations to support business action.
  • Gain exposure to applied artificial intelligence and advanced analytics work, including automation, model operationalization, and insight generation.
  • Build foundational leadership skills by taking ownership of work, collaborating across teams, and contributing ideas.
  • Build relationships with program managers, alumni, senior leaders, and peers across the program.
  • Receive coaching and mentorship from the department manager and program leaders.
Desired Qualifications
  • A cumulative GPA of 3.2 or higher.

About the company

Vanguard offers low-cost investment products and advisory services for individuals, financial advisors, and institutions, including mutual funds, ETFs, IRAs, and 401(k) rollovers. It earns fees based on assets under management and is owned by the funds, which are ultimately owned by the investors, aligning its interests with clients. This client-owned structure helps keep costs down and emphasizes long-term wealth growth and careful risk management. The goal is to help clients achieve their financial goals through prudent investing and cost-efficient management.

Company Size

10,001+

Company Stage

Private

Total Funding

$11.2M

Headquarters

Kline Township, Pennsylvania

Founded

1975

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Simplify Jobs

Simplify's Take

What believers are saying

  • VOO crossed $1 trillion on June 2, 2026, showing relentless demand.
  • August 2026 custom model portfolios expand advisor stickiness and lower servicing costs.
  • The Altruist deal on August 26, 2026 gives Vanguard custody reach into RIAs.

What critics are saying

  • SEC's January 2025 tax-disclosure case still drives payments and compliance scrutiny in 2026.
  • Altruist integration after the August 26, 2026 acquisition risks culture clashes and regulatory delay.
  • Texas settlement and passivity commitments constrain ESG influence, weakening Vanguard's stewardship brand.

What makes Vanguard unique

  • Client-owned structure keeps Vanguard's incentives tied to investors, not external shareholders.
  • Vanguard's 2026 ETF engine spans U.S., European, and UCITS global index products.
  • Its low-cost model portfolios and advisor technology deepen distribution beyond plain indexing.

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Benefits

Best-in-class medical, dental & vision coverage

Onsite health clinic & fitness center

Health Smart Rewards program

Vanguard Retirement Savings Plan

Education Benefits

PTO

Family Planning Benefist

Parental leave

Personal development opportunities

Volunteer Time Off

Growth & Insights and Company News

Headcount

6 month growth

8%

1 year growth

8%

2 year growth

8%
PR Newswire
Sep 9th, 2026
Council for Economic Education launches National Investment Challenge with Vanguard's My Classroom Investor simulation

The Council for Economic Education has launched the National Investment Challenge, a new competition designed to teach high school students foundational investing skills. The challenge will use Vanguard's free My Classroom Investor simulation, where students manage mock 30-year portfolios and respond to market shifts and unexpected events. Early access opens in November, with the competition starting in January 2027. It will include qualifying rounds, state rounds, and culminate in a national final in Philadelphia in May, with teams competing for cash prizes. In the simulation, students choose characters with financial goals and manage portfolios containing stocks, bonds, and ETFs. The programme aligns with CEE Standards and the CFA Investment Foundations exam, helping students build credential-ready skills whilst learning long-term investment principles.

Kalkine Media
Sep 4th, 2026
Vanguard Group Acquires 5.002% Voting Stake in Qantas Airways as Substantial Holder

Catch the latest updates from Australia's premier stock exchange & market indices.

Axios
Aug 26th, 2026
Vanguard pays $4.6B for RIA software startup Altruist

Vanguard is pushing into Fidelity's turf.

PR Newswire
Aug 26th, 2026
Vanguard to acquire AI-forward wealth platform Altruist to expand financial advice reach

Vanguard has entered a definitive agreement to acquire Altruist, an AI-forward wealth technology and custody platform serving financial advisors. The deal, expected to close later this year pending regulatory approvals, aims to expand access to financial advice by enabling advisors to serve more clients efficiently. Vanguard first invested in Altruist in 2020 to increase competition in the registered investment advisor custody space. Following the acquisition, Altruist will operate as a standalone business, retaining its leadership, brand, and operating model whilst gaining access to Vanguard's resources and investment expertise. The transaction terms were not disclosed. Altruist will continue focusing on providing integrated technology solutions for independent financial advisors, combining custody services with portfolio management tools.

Yahoo Finance
Aug 25th, 2026
Vanguard's VOO draws $4.3B in red week, nears test from Nvidia and Apple

Vanguard's S&P 500 ETF (VOO) attracted $4.3 billion during a week when the index fell 0.92%, extending its buy-the-dip pattern. The fund has pulled in roughly $69 billion in net inflows this year, more than any other ETF globally. VOO became the first ETF to cross $1 trillion in net asset value on 2 June 2026. It overtook SPY as the world's largest ETF early in 2025, aided by its 0.03% expense ratio versus SPY's 0.09%. The fund's top 10 positions control approximately 37.6% of total assets. Nvidia, its largest holding at 7.55%, reports earnings on 26 August. Apple, the second-largest position at 7.05%, faces a CEO transition on 1 September when John Ternus replaces Tim Cook.