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2024 Asset Management Internship

ONE application for 40+ internship opportunities
 
At STREAM our mission is to educate, train, mentor, and provide scholarship and internship opportunities to students from underrepresented groups in the area of asset management, with the ultimate goal of increasing industry representation.
For 2024, we are expecting 40+ internships in Dallas, Ft. Worth, Houston, Austin, Charlotte, Cincinnati, Denver, & New York. When you apply, you will be considered for all opportunities. Once you submit your application, essay questions, and transcript through the HR Breezy link, a team of industry professionals will review your application, we will then reach out to schedule an interview with the STREAM team if you are selected. Based on feedback from your interview we will match you to 2-3 firms for interviews, we will also coach you and offer resume insight. From there, you will rank the opportunities and the firms will select their interns. STREAM will guide you through the process.
If selected, you will receive a minimum of $10,000 in pay/scholarship, a 2-year license to Wall Street Prep a Housing/Travel stipend, access to exclusive educational content, networking opportunities with industry executives, and career-long support/annual alumni events.
Each opportunity is different, and you will be able to ask questions and gain insight into their expectations. A sample job description for an asset management intern is below. However, we also place interns in other areas such as middle office, investor relations, research, and more.
Position: Asset Management Intern
As an Asset Management Intern, you will have the opportunity to gain practical experience in the field of asset management, working closely with professionals in the industry. This internship will provide you with exposure to the various aspects of managing and optimizing assets, including financial investments, real estate, infrastructure, and other tangible or intangible resources.
Responsibilities:
1. Research and Analysis: Assist in conducting research and analysis on different asset classes, market trends, and investment opportunities. This may involve analyzing financial statements, market data, and economic indicators to support decision-making processes.
2. Portfolio Management: Support the asset management team in monitoring and evaluating existing investment portfolios. Help identify areas for improvement, assess risk profiles, and propose strategies to enhance portfolio performance.
3. Due Diligence: Participate in due diligence processes for potential asset acquisitions or divestitures. This may involve reviewing financial documents, conducting site visits, and assisting in the preparation of investment memos or presentations.
4. Reporting and Documentation: Assist in preparing reports, presentations, and other relevant documentation for internal and external stakeholders. Help maintain accurate records and ensure compliance with regulatory requirements.
5. Market Research: Stay up-to-date with industry news, market developments, and emerging trends in asset management. Contribute to market research efforts by gathering information on competitors, industry benchmarks, and best practices.
6. Collaborative Projects: Work collaboratively with cross-functional teams, such as finance, legal, and operations, to support various asset management initiatives. Participate in team meetings, brainstorming sessions, and contribute ideas to improve processes and procedures.
7. Professional Development: Take advantage of learning opportunities provided during the internship to enhance your understanding of asset management principles, investment strategies, and financial markets. Seek guidance from mentors and supervisors to develop your skills and knowledge in the field.
Qualifications:
- Currently pursuing a bachelor’s or master’s degree.
- Strong analytical and quantitative skills, with the desire to learn to interpret financial data and perform data analysis using tools like Excel or financial software.
- Knowledge (or interest in learning) of investment concepts, financial markets, and asset valuation methods is beneficial.
- Excellent communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner.
- Detail-oriented and organized, with the ability to prioritize tasks and manage time effectively.
- Prior experience or coursework in asset management, investments, or related fields is a plus, but not mandatory.
*Please note that the above description is a general overview of the responsibilities typically associated with an asset management internship. The specific duties and qualifications will vary depending on the organization and internship program.