What Is a Financial Analyst Internship and How to Become One

A financial analyst internship opportunity allows you to intern with a business and gain hands-on experience in the financial world. It enables you to use the economic concepts you learned in school and apply them to the industry. You work under the supervision of a senior financial analyst to learn the different aspects of the job and improve your analytical skills. Specific job duties vary, depending on the company and your supervisor, but general responsibilities may include evaluating finance reports, handling cash flow, budget development, conducting research, developing economic modeling improvements and strategies, and tracking risks and opportunities. A financial analyst intern also collaborates with other departments to review financial decisions.

To get a financial analyst internship, you must either be a current student or recent graduate with a bachelor's degree in finance, accounting, business, statistics, or a similar field. You need to be proficient with financial systems and analysis tools, such as Microsoft Office, or QuickBooks, and have an understanding of accounting principles, though most employers provide more training on the job. Most internships prefer students with excellent grade point averages and good standing in school, as well as reference letters from teachers. Additional qualifications include the ability to learn new material quickly, analytical thinking, and strong written and verbal communication skills.