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Entry Level Hedge Fund Internship Jobs (NOW HIRING)

The successful individual will gain a deep understanding of the hedge fund business and develop ... Relevant experience/internships at an investment management firm is strongly preferred * Ability to ...

Learn more about the Anders internship program Who Should Attend Explore Anders: * College students still deciding on a major that have an interest in the accounting profession * Students who have ...

$60 - $85/hr

Relevant accounting internship experience in either an Audit Firm, Hedge Fund, Hedge desirable * Experience working in a Fund Administrator, Mutual Fund, or other financial institution where you have ...

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Entry Level Hedge Fund Internship information

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How much do entry level hedge fund internship jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for entry level hedge fund internship in the United States is $19.31, according to ZipRecruiter salary data. Most workers in this role earn between $16.11 and $20.91 per hour, depending on experience, location, and employer.

What is the difference between Entry Level Hedge Fund Internship vs Investment Banking Analyst?

AspectEntry Level Hedge Fund InternshipInvestment Banking Analyst
Required CredentialsUndergraduate degree, some finance or economics courseworkUndergraduate degree, finance or related field, often with some certifications
Work EnvironmentFast-paced, research-focused, smaller teamsHigh-pressure, client-focused, larger teams
Employer & Industry UsageHedge funds, asset management firmsInvestment banks, financial advisory firms
Common Search & Comparison IntentUnderstanding internship roles in hedge fundsComparing entry-level finance roles

While both roles are entry-level finance positions, a Hedge Fund Internship focuses on investment research and portfolio analysis within hedge funds, whereas an Investment Banking Analyst role emphasizes financial modeling, deal execution, and client advisory in investment banks. The internship provides exposure to asset management strategies, while the analyst role prepares for a career in corporate finance or M&A.

More about Entry Level Hedge Fund Internship jobs

What are the most commonly searched types of Hedge Fund Internship jobs?

The most popular types of Hedge Fund Internship jobs are:

Infographic showing various Entry Level Hedge Fund Internship job openings in the United States as of August 2026, with employment types broken down into 12% Internship, 58% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 85% Physical, 2% Hybrid, and 13% Remote job distribution, with an average salary of $40,174 per year, or $19.3 per hour.

Fund Accountant, Alternative Investment Funds

SEI Investments

New York, NY • On-site

$68K - $83K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago


SEI Investments rating

8.8

Company rating: 8.8 out of 10

Based on 11 frontline employees who took The Breakroom Quiz


Job description

The Investment Manager Services Division (IMS) at SEI is growing rapidly and is seeking new members on our Alternative Investment Funds accounting team. Our primary goal is to provide exceptional accounting and administration servicing for our clients' assigned hedge and private equity funds. As a Fund Accountant, you will act as an intermediary between the funds and their investment managers and serve as the official record keeper for the funds.

What you will do:

  • Your skills in accounting will be used by pricing and maintaining timely records for hedge and private equity holdings using various external pricing resources. You will perform timely reconciliations regarding Net Asset Values and provide accounting reports. You are responsible to communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages

  • As the record keeper for the fund, you will be involved in the coordination and support of various year-end audit engagements in accordance with GAAP accounting standards. We will need you to perform due-diligence to ensure clients are in compliance with government laws and regulations

  • You will correspond with external investment managers regarding day-to-day fund inquiries including fee payments, cash position breaks, and reconciliations. Client engagement and a dedication to quality service is a must for success

  • We want you to succeed and look for future solutions! Through attending and participating in various IMS and corporate professional development sessions, you will acquire the tools to identify processes across the division and organization. You will have the opportunity to partner with a diverse team and grow your career

What we need from you:

  • BA / BS in Accounting, Finance, Economics, Mathematics or equivalent work experience

  • Internship experience preferred

  • Intermediate skills in Microsoft Excel

  • The self-motivation and drive to monitor multiple client deliverables without sacrificing excellence or quality

  • Strong written and verbal communication skills as you will primarily support your clients through email and/or phone calls

  • Strong customer service skills as you will be communicating daily with internal clients and your clients

What we would like from you:

  • A drive to broaden one's knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments

  • Collaboration with internal and external stakeholders. As the needs of our clients change, we need to be flexible to change with them

  • Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment

  • Curiosity, critical thinking and attention to detail: Whether it's to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business

  • Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information. https://www.seic.com/

Compensation:

The base salary pay for this role is $68,950-$83,000 per year.

For this position, SEI is not hiring individuals who require sponsorship for employment or continued employment now or anytime in the future.


SEI's competitive advantage:


To help you stay energized, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, a strong retirement plan, tuition reimbursement, support for working parents and flexible Paid Time Off (PTO) so you can relax, recharge and be there for the people you care about.


Benefits include healthcare (medical, dental, vision, prescription, wellness, EAP, FSA), life and disability insurance (premiums paid for base coverage), 401(k) match, education assistance, commuter benefits, up to 11 paid holidays/year, 16 days PTO/year pro-rated for new hires which increases over time, paid parental leave, back-up childcare arrangements, paid volunteer days, a discounted stock purchase plan, investment options, access to thriving employee networks and more.


We are a technology and asset management company delivering on our promise of building brave futures (SM)-for our clients, our communities, and ourselves. Come build your brave future at SEI.


The position title reflected in this job description is aligned with SEI's current internal job architecture. As part of SEI's role and career framework, internal job titles may not directly correspond to external market titles and may differ from titles previously assigned during an employee's tenure or at the time of hire.


SEI is an Equal Opportunity Employer and so much more...


After over 50 years in business, SEI remains a leading global provider of investment processing, investment management, and investment operations solutions. Reflecting our experience within financial services and financial technology our offices encompass an open floor plan and numerous art installations designed to encourage innovation and creativity in our workforce. We recognize that our people are our most valuable asset and that a healthy, happy, and motivated workforce is key to our continued growth. At SEI, we're (literally) invested in your success. We offer our employees paid parental leave, back-up childcare arrangements, paid volunteer days, education assistance and access to thriving employee networks.


SEI is an equal opportunity / affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.


AI Acceptable Use in the application and interview process:


SEI acknowledges the growing integration of artificial intelligence (AI) tools into individuals' personal and professional lives. If you intend to incorporate the use of any AI tools at any stage of the application and/or interview process, please ensure you have reviewed and adhere to our AI use guidelines.


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