Arizona State University (ASU), in collaboration with State Farm, is inviting applications for Paid 2026 Summer MAGNet Internship Program

Tempe, Arizona:

Arizona State University (ASU), in collaboration with State Farm, is inviting applications for the 2026 Summer MAGNet (Modeling and Analytics Graduate Network) Internship Program. This prestigious program is designed for graduate students in highly quantitative disciplines who are aiming for a long-term career in data science and analytics.

The MAGNet program is not a short-term internship but a multi-semester, renewable opportunity that runs alongside a student’s graduate studies and prepares participants for full-time roles at State Farm, a Fortune 50 company.

📌 Highlights – 2026 Summer MAGNet Internship

• Program Name: MAGNet (Modeling and Analytics Graduate Network) Internship

• University: Arizona State University

• Industry Partner: State Farm

• Internship Type: Graduate-level, Multi-semester (Renewable)

• Semester Hiring: Summer 2026

• Duration: 18 May 2026 – 7 August 2026

• Location: Hybrid – Tempe, Arizona (Marina Heights)

• Eligible Majors: Statistics, Mathematics, Actuarial Science

• Work Hours: 38.75 hrs/week (Summer)

• Compensation: Paid internship + Full tuition assistance

• Work Authorization: U.S. work authorization required (No visa sponsorship)

About the MAGNet Internship Program

The MAGNet Program at Arizona State University is a unique graduate-level internship that allows students to apply predictive modeling, statistical analysis, and data science techniques to real-world business problems. Interns work closely with experienced data scientists while continuing their academic coursework.

Unlike traditional summer internships, MAGNet is structured to last throughout the duration of a student’s master’s program, with renewals each semester based on performance and progress.

Internship Duration & Work Schedule

• Summer 2026 Duration: 18 May 2026 – 7 August 2026

• Work Hours:

  • Spring & Fall: 20 hours per week

  • Summer: 38.75 hours per week

• Location: Hybrid (Tempe, Arizona – Marina Heights office)

• Relocation Assistance: Not provided

Eligibility Criteria

Applicants must:

• Be accepted or currently enrolled in an in-person Master’s program at Arizona State University

• Major in:

  • Statistics

  • Mathematics

  • Actuarial Science

• Have 3–6 semesters remaining in their graduate program

• Be legally authorized to work in the United States (visa sponsorship not available)

Skills & Experience Required

• Statistical modeling and predictive analytics

• Data mining and data analysis

• Programming skills in Python, R, or SAS

• Ability to communicate and present technical work

• Willingness to work in a hybrid on-campus format

What MAGNet Interns Will Work On

MAGNet interns contribute to real data science projects across multiple business areas, including:

• Pricing and underwriting risk modeling

• Claims automation analytics

• Sales forecasting and econometric modeling

• Competitive analysis and data mining

• Evaluation of new statistical tools and methods

Benefits & Compensation

MAGNet is comparable to a 50% graduate assistantship, offering:

• Competitive hourly pay

• Full tuition assistance for the duration of the internship

• Access to selected State Farm benefits, including:

  • Health, dental, and vision insurance

  • 401(k) retirement plan

  • Paid time off and community service leave

  • Professional development and mentoring

Why This Internship Matters

The MAGNet Internship Program provides students with industry-level experience while still in graduate school and offers a direct pathway to full-time data science roles at State Farm locations in Arizona, Illinois, Texas, and Georgia.

This makes MAGNet one of the most valuable long-term internship opportunities in the U.S. for data science-focused graduate students.