What Do Financial Analyst Interns Do?

Financial analyst interns are individuals who are interested in working in the finance industry and gaining experience in financial analysis. These interns are typically enrolled in undergraduate or graduate programs in finance, economics, accounting, or a related field. Financial analyst internships offer a great opportunity for students to gain hands-on experience in the field and to develop their skills and knowledge.

The role of a financial analyst intern can vary depending on the company and industry. However, in general, financial analyst interns are responsible for collecting and analyzing financial data, creating financial models, and preparing reports for management. Some specific tasks that financial analyst interns may perform include:

  1. Conducting financial analysis: Financial analyst interns may analyze financial statements, financial ratios, and other financial data to determine the financial health of a company. They may also perform research on industry trends and market conditions to help inform their analysis.
  2. Creating financial models: Financial analyst interns may use software such as Excel or specialized financial modeling software to create financial models that can be used to make financial projections or to evaluate different scenarios.
  3. Preparing reports: Financial analyst interns may prepare reports that summarize their analysis and recommendations for management. These reports may include financial statements, charts, and graphs.
  4. Supporting senior analysts: Financial analyst interns may assist senior analysts in their work, which can include conducting research, analyzing data, and preparing reports.
  5. Participating in team meetings: Financial analyst interns may participate in team meetings where they can contribute ideas, ask questions, and learn from other members of the team.

Overall, the role of a financial analyst intern is to support the financial analysis function of the company and to gain experience in financial analysis. The internship provides an opportunity to learn about the finance industry, gain practical skills, and develop a network of contacts that can be valuable in future job searches.

If you are interested in pursuing an internship in financial analysis, it is important to research different companies and industries to find the right fit for your interests and skills. You should also prepare your resume and cover letter, and be ready to interview for internship positions. With hard work and dedication, a financial analyst internship can be an excellent stepping stone to a successful career in finance.