The Industry

Are you looking for finance internships for the summer? The financial services industry is made up of businesses that manage money—and a lot of it. Dominant in the U.S. economy, the financial services industry is extremely profitable and globalized. Finance is an area of business in which decisions are made based on an evaluation of equity, transactions, accounts, ratios, market strength, stock holdings, and more. The profession aims to maximize corporate value and equities while keeping financial risks low. Financial internships are concentrated in financial centers such as New York City, London, and Tokyo.

The Internship

Landing a summer finance internship is a great way to gain relevant industry experience and learn what skills are needed for your position. While internships can be very competitive in this field, internship roles such as asset management or financial analyst positions will allow you to learn a great deal about the industry and help determine which types of finance jobs interest you.

Finance interns typically have an aptitude for mathematics; can interpret what the accounts say; and love number crunching, especially using tools like Excel. A finance internship will give you insight into business dealings on various scales, from small businesses to large corporations. This type of internship can lead to networking within the industry, entrepreneurship, or a career in financial services or financial fraud investigation. If you’re not already familiar with Microsoft Excel, Word, PowerPoint, Outlook and Access, be sure to get familiar with these computer software programs before finance internship.

The Career Options

Many students who want to go into finance start their path by earning a bachelor’s degree in business administration or finance. You could work for a financial company that provides commercial banking services, hedge funds, private equity funds, insurance, accounting services, currency exchange, or debt resolution.

Obtaining securities licenses will also help you advance your career, with the most common being The Series 7. The exams can be challenging and require significant preparation. Certain financial careers may also require that you pass additional exams to advance your career. For example, if you want to advance from an analyst position to a hedge fund, mutual, or portfolio manager, you’ll likely need to pass the Series 16 supervisory analyst exam and the Chartered Financial Analyst Exam.

The Outlook

According to the Bureau of Labor Statistics, the number of jobs in business and financial operations occupations is expected to grow 8% over the next decade, which is a little faster than average.

Ready for a career started in finance? Search through our finance internships below!


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