internships for finance students
Citi
Citi is one of the world’s largest financial institutions, with over 200 million customers across 140 countries. The company offers a wide range of services, including retail banking and investment banking.
Citi offers internships for both undergraduate and graduate students in fields like accounting and finance. If you are interested in working at Citi but don’t have any experience yet, you can still apply for an internship by submitting a resume. It’s important to note that Citi does not accept applications from students currently enrolled in school or who graduated within the last 18 months; applicants must have been out of college for at least one year before they can be considered eligible.
Bank of America
Bank of America is one of the largest banks in the world, with more than 5,000 retail banking branches and 16,000 ATMs. It offers internships in all areas of finance, including investment banking, commercial banking and wealth management. Internships are open to undergraduate students who have completed their junior year or higher and have at least a 3.0 GPA.
You can apply online at http://campus.bankofamerica.com/internships/. The application usually opens in September for internships starting after May 1st on an annual basis; if you’re interested in summer internships start looking earlier!
Barclays
- Barclays offers a 10-week summer internship program for undergraduate students.
- Interns work in teams on real business projects with senior staff and get to experience what it’s like to work in the field they aspire to enter.
- They also participate in networking events, training sessions and social activities with other interns from all over the world.
- The stipend is $5,000 USD, plus housing and travel expenses (if needed).
- The application deadline is January 15th!
JP Morgan
JP Morgan Chase is one of the Big Four banks of the United States, along with Bank of America, Wells Fargo and Citigroup. JP Morgan Chase is the largest bank in the United States and is headquartered in New York City.
Interns at JP Morgan work on projects such as building financial models using Excel to assess market risk, valuing assets based on real-time data sets or researching new markets. The internships run for 10 weeks during summer break and are unpaid.
Goldman Sachs
If you’re interested in working for Goldman Sachs, you’ve already got the right idea. Known as “The Firm,” this financial powerhouse is often considered a leader among other banks and financial services companies. For example, if you want to work in investment banking (IB), it would be hard to find another company with better resources or more experience than Goldman Sachs.
Interns at the firm will have the opportunity to work on projects related to everything from securities offerings and mergers and acquisitions (M&A) deals to advising clients on their pension plans. They may also gain experience analyzing companies’ balance sheets or helping them figure out how they can make themselves attractive takeover targets by using various types of financing strategies such as leveraged buyouts (LBOs).
Candidates should be prepared for a rigorous application process: You’ll need a GPA above 3.5/4.0 or higher depending on your major; relevant coursework; extracurricular activities; strong test scores; excellent references; good communication skills; leadership qualities when applicable; teamwork skills – both written and verbal communication ability are essential
Morgan Stanley
If you’re interested in investment banking, the Morgan Stanley internship program is an excellent opportunity to learn about the field. The 10-week program includes a variety of activities including team competitions and networking opportunities with senior executives. In addition to having fun, you’ll also receive structured training that will help prepare you for a career in finance.
US Treasury Department
The US Treasury Department is the government agency responsible for promoting economic prosperity and ensuring the financial security of the United States. The Treasury manages government finances, issues all forms of money, collects taxes and enforces U.S. laws. The Secretary of the Treasury serves as its top official, but there are many other important roles within this department that students can apply for as well!
In order to apply for an internship with the US Treasury, you will need to submit an application package that includes your resume along with a cover letter explaining why you want to intern at this organization and what skills or interests make you a good fit for it (for example: “Because I am interested in finance”). You will also need two letters of recommendation from professors from school who know about your academic performance; these letters should highlight any personal traits or characteristics that might be relevant for working as an intern at such an organization!
Federal Reserve Bank of New York
The Federal Reserve Bank of New York offers internships for undergraduate and graduate students. Interns can work in the Division of Research and Statistics, the Division of Monetary Affairs, or the Division of Supervision and Regulation.
In addition to an interesting experience, you’ll be able to gain valuable insight into how central banks operate by working with their employees. This can be helpful if you want to transition into a career that’s related to finance after graduation.
The World Bank
The World Bank is an international financial institution that provides loans to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The IBRD offers loans at market-related interest rates to middle-income developing countries, while the IDA provides grants or zero interest credits to low income countries.
The World Bank is a component of the World Bank Group, which includes five other specialized agencies: International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), International Centre for Settlement of Investment Disputes (ICSID), International Centre on Trade and Sustainable Development (ICTSD) and Multilateral Fund for Sustainable Development.
KPMG Financial Advisory Services
Internships last 10-12 weeks, and are accessible to undergraduate students. You should be able to work in the New York office, but you may have to travel for some of your assignments.
Interns will be allocated to different teams depending on their skillset, and will complete a training program before being assigned any actual projects.
There are several large banks and organizations offering great internship opportunities for finance students.
As a finance student, you may have noticed a lack of opportunities within the field. However, there are several large banks and organizations offering great internship opportunities for finance students. These internships will provide you with real-world experience and help you get your foot in the door to explore career opportunities.
Internship programs vary by company: some offer paid internships, while others pay only in college credit hours that can be used toward graduation requirements. Others still don’t pay at all but do give their interns access to valuable networking events and exclusive interviews that might not otherwise be available to them (for example, Goldman Sachs).