Finance Summer Internship 2012
07.12.2011
Apply for a summer 2012 internship at the Finance Faculty. Application deadline January 27, 2012.
What would I do during the internship?
You would be working with the faculty on scientific research projects during the summer months. Exact dates are flexible. You would participate in data collection and organization for research projects. Literature reviews are another possible job. If you are a good programmer, there are many things where you could contribute. Whatever research-related skills you have, we will try to tailor your work to make the best out of those skills.
What’s in it for me?
As a member of our community, you will have the opportunity to learn research skills on the job. These skills will not only be helpful in your Master’s thesis but are also in demand in many finance and consulting sector occupations. If you want to pursue an academic career, you will greatly benefit from an early integration into the research community. And of course, you will get flexible working hours and a salary.
What is required?
We are primarily looking for Finance students in their second to fourth year of studies. Completion of a Bachelor’s thesis or other relevant experience is a plus. In previous years the majority of our interns have come from Finland, but we have also had interns from abroad, including Bulgaria, China, India, Iran, Nepal, and the United States. First and foremost, we want dedicated people who fit well into our community, who are interested in the financial world and financial research, and who have the potential to develop into excellent researchers.
How can I apply?
Contact Professor Matti Keloharju. Include in your application a personal coverletter, CV, and a transcript of your university grades. The application deadline is January 27, 2012.
Download this call for applications as a pdf file.
Frequently Asked Questions
What is the duration of the internship?
We are flexible with the starting and ending dates as long as the internship lasts at least two months. The first intern usually arrives in mid-May and the last intern leaves in early September.
How many interns do you hire?
This depends on the strength of the applicant pool and faculty needs. In recent years, we have usually hired four interns.
How many applications do you get?
Last year we received 100 applications from 20 countries.
When do you process the applications?
We expect the selection process to last for a week or at most two weeks. Interviews will probably take place on week 5.
Which universities do the interns come from?
The vast majority of the interns come from Aalto University. Foreign interns have come from the Indian Institute of Technology, LSE, MIT, Queens University, and Vanderbilt University.
How much do you pay for the interns?
We expect the salary to be 1800 euros per month.
Do you pay for the interns’ travel, possible visa or work permit, or housing?
No. Interns are expected to pay for their own costs. So far, foreign interns have found affordable housing through HOAS.
What is the placement record of the internship program?
Below is an exhaustive list of the first jobs of our interns after graduation (generally with a Master’s degree).
- Banking: Deutsche Bank (1), Nomura (1), Nordea (1)
- Consulting: Bain (2), BCG (1), KPMG (1), McKinsey (3)
- PhD studies: Aalto Univ. (2), Boston College (1), Columbia Univ. (1).
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