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What is Internship?
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What is Internship?
Internship is a short-term position in a company, typically taken to test waters, as in
a student is able to judge his/her suitability in the chosen industry.
Internships usually happen in summer vacations or while studying, and each intern is
paid a stipend (optional) for their contribution.
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Even so, you do get experience and understand if finance is truly for you.
While evaluating an internship opportunity, you must think through these factors:
nature of job description
company profile
application and interview process
conduct
These four factors will help a lot.
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6. Bajaj Holdings
7. L & T Finance Ltd.
8. SE Investments
9. Religare Enterprise
10. TATA Investment Corporation
11. Karvy Group
12. LIC Finance Ltd.
13. ICICI Group
14. PNB Housing Finance Ltd.
15. SBI Capital Markets Ltd.
16. DSP Merrill Lynch Ltd.
17. Birla Global Finance Ltd.
18. Housing Development Finance Corporation
19. Aditya Birla Money Ltd.
20. Abirami Financial Services Ltd.
21. Bajaj Finserv
22. Muthoot Capital Services
23. PS IT Infrastructure Services
24. Trinity Trade
25. Urja Global
26. BCB Finance Ltd.
27. Bulls & Bears Portfolios Ltd.
28. Blue Chip India Ltd.
29. Burlington Finance Ltd.
30. CFL Capital Financial Services Ltd.
31. Canara Bank Ltd.
32. City Union Bank Ltd.
33. DJS Stocks and Shares Ltd.
34. Delta Leasing & Finance Ltd.
35. Edelweiss Capital Ltd.
36. Empower India Ltd.
37. Future Capital Holdings Ltd.
38. Global Capital Markets Ltd.
39. HGI Finance and Leasing Ltd.
40. HDFC Bank Ltd.
41. Himalayan Finance Services Ltd.
42. India Finance Ltd.
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and experience which cant be explained in resume. If you dont have that, like in this
case, the cover letter acts as an introduction. Check out the cover letter below.
Covering Letter
You will notice how the applicant shares her knowledge and expresses interest
towards working for the organisation. Use it as an example for your cover letter.
Resume
An interviewer wont devote more than a minute scanning a resume. You have to
make the best impact. Here are two resume samples.
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Moving on, here are some resume writing tips to secure finance internship.
always mention facts
even if you dont have internship experience, mention other contributing factors
scoring high in finance classes or being a part of finance / investment clubs in
college
dont depend on MS Word to proofread resume; always do manual editing or
get it done by an experienced person because your resume shouldnt have any
errors
send the application ahead of the deadline
Lastly, dont send out the same cover letter to every employer. Tweak it
depending on the internship requirements.
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Not only in India, try to seek an internship position abroad too. Since you wont be
visiting the foreign lands, all communication will be done through emails.
Youve already learnt about writing resume and covering letter. You can also easily
search for finance internship opportunities abroad. Apart from that, you need to
follow these tips:
resume should be in PDF format
be resilient as first contacts may not elicit any response
email during weekday because weekends are off and recruiter might miss your
email
contact the right person (very essential)
start searching months in advance
target the right country; a country that will benefit your long-term career
dont hesitate to ask about internship scholarships or funding
dont send bulk emails (never!)
be regular with email follow-up and responding to emails
Start at least 6 months in advance searching, short-listing companies and
concerned person contact email and keep track of openings.
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Comments
Arun Kumar says
June 6, 2015 at 4:16 pm
Hello,
This year I am completing my BBA-Management. I have interest in finance field. I
want
to get a entry level job in finance industry in Pune so that I can gain practical
insight of finance subject. I am good at academics. How and in which company
should I apply. And also tell me about how to prepare for selection process.
Please guide me.
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Thank you
Reply
Hi Arun Kumar,
Please read this and this article to clear your queries.
Reply
Will passing CFA level I with only graduation get a good internship?
Reply
Sir is it also possible to start preparing for frm or caia after CFA level 1?
Would it be advantageous in a search for an internship?
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Reply
No.
Reply
Sir , are there internship opportunities available after passing CFA level I?
Reply
Hello sir!
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Hi Sehaj,
Is it learn while you earn program? Whats the job profile and salary during
these 2 years?
Reply
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Hi Sehaj,
If your work is primarily into Mortgage, and you want to move to
other financial KPOs in equity research and investment banking,
you may need to acquire skills required to perform such jobs.
Reply
jatin says
March 27, 2015 at 8:41 pm
hii sir, Ive read your post and it is very good but very few of these companies
seem to offer internship opportunities in delhi. Also i havent found any company
offering internship to students that dont belong to ivy league colleges. i am in
third year of b.com and last year also i searched for companies but never found
anyone. if you guide me through this it would be very helpful.
Reply
Hi Jatin,
Did you check companys eligibility criteria for internships?
Reply
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Hi,
I am currently working in a broking firm, basically am a intern now. Here I am
learning arbitrage trading. I am preparing for CFA and will take up financial
modeling course also. I want to know what are the prospectives in India of
getting into financial research analysis specially equity research with cfa and after
knowing financial modeling???
Reply
Hi Maumita,
After CFA and Financial Modeling course, youll have excellent prospects in
India in Equity Research and Portfolio Management roles.
Please read this article for the use of financial modeling and this for CFA.
Moreover, you can make a career in equity research without going for CFA.
Check our 6-week program for this.
Reply
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