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Indian Railways RITES logo — Indian Railways RITES Quantitative Analyst Intern at Indian Railways RITES
Indian Railways RITES

Quantitative Analyst Intern

InternshipHybridMumbai, Maharashtra4 months31K/mo4 openingsImmediate / Rolling

About this internship

Indian Railways RITES is hiring a Quantitative Analyst Intern in Mumbai — a hands-on, mentor-led internship built for students and 2026 freshers who want real exposure to quantitative analysis and modelling rather than a certificate-only programme. About the role As a Quantitative Analyst Intern…

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Skills you'll use

PythonQuantitative ModellingStatistics & ProbabilityTime-Series AnalysisBacktestingNumPy & PandasRisk MetricsFinancial Markets BasicsSQLModel Documentation

What you'll do

  • Work on building and backtesting quantitative models against market or pricing data alongside the core team
  • Apply Python, Quantitative Modelling, Statistics & Probability, Time-Series Analysis to live, production-facing problems
  • Document your work clearly for reviewers and stakeholders
  • Participate in reviews and act on the feedback you receive
  • Collaborate across engineering, product, design or business as required
  • Follow the team's quality, testing and documentation standards

Who can apply

  • Pursuing or recently completed B.E./B.Tech, M.Sc (Mathematics / Statistics / Financial Engineering), MBA (Finance) or CFA-track
  • Graduating batch 2026, 2027 or 2028 — final-year students and recent graduates welcome
  • 60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
  • Working knowledge of Python, Quantitative Modelling, Statistics & Probability (or a genuine willingness to learn them)
  • Exposure to Time-Series Analysis, Backtesting, NumPy & Pandas is an advantage
  • Clear written and verbal communication in English, and care with detail in your work
  • No prior work experience required — this is a fresher-friendly internship
  • Based in Mumbai, Maharashtra or willing to work from there for the internship period

Perks & benefits

Exposure to professional tools and workflowsPre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior professionalsInternship Certificate

Interview & selection process

2 rounds — typical selection flow for this role:

  1. 1Application screening & resume shortlisting by the talent team
  2. 2Technical interview on fundamentals and your projects

About Indian Railways RITES

Indian Railways RITES operates in the transport infrastructure consultancy sector and has an active presence in Mumbai. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to…
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