Research career paths

How Do I Get A Trading Internship?

Wondering how to get trading internships while still in university? Check out our tips for finding and securing trading internships.

If you’re into a fast paced environment, have an interest in stock, and desire a lot of hands-on learning, then a summer 2021 trading internship might be for you.

What does a trading intern do?

As a trading intern, you’ll be exposed first hand to your firm’s procedures and some insider knowledge. You’ll sit in on meetings, create summaries, shadow the people at your desk, and generate trade ideas from what you observe. 

How do I find a trading internship?

If you’re wondering how to get a trading internship for summer 2021, try looking on Handshake under filtered searches like “trading internships near me.” Handshake allows you to focus on employers you want to work for and even network with past interns who may also be alumni from your school. And if you’re looking for a trading internship in a particular location for summer 2021, try searching for openings by using filters like “stock trading internship London” or “sales and trading internship.”

How do I get a trading internship with no experience?

If you’re interested in getting a trading internship, but have no prior experience, it’s key to play to your strengths and show employers that you’re eager to learn. You can search for trading internships on Handshake to first get a feel of the requirements they usually list for internships. After that, list your resume and cover letter experiences and previous roles you’ve had where the skills translate over. For example, if you’ve taken a trading strategies course or have had experience in an applicable school project, mention it and how it relates to your desired role! 

When should I start applying for trading internships?

For most positions, start searching for your internship sooner rather than later! If you are planning to have a summer trading internship, we recommend starting to look for internship positions no later than the season prior. Many industries prefer to recruit as early as the fall, so staying up to date on fall virtual career fairs will be helpful in securing a role! Each company has different deadlines for applications, so sooner is usually better! If you’re searching for a role during the school year, it’s best to get on applying 3-6 months prior so you can inform your internship of your other obligations and classes.

It’s also really important to keep in mind that your university’s career services center will have great insight about specific recruitment periods at your school. Make sure to sign up for a meeting with your career advisor at the start of the school year for additional help in planning ahead!

How much do trading interns make?

Because the internship roles that require trading interns vary, there’s no standard answer for a trading internship payscale. If you’re wondering how much your trading internship will pay, it might be best to inquire directly with the company you’re considering taking an internship with.. Some internship programs will offer only class credits, while many others are more keen to compensate their interns with an hourly rate or a set stipend.

What skills are relevant for trading interns?

  • Background in finance
  • Strong knowledge of market trends
  • Great displays of both leadership and teamwork
  • Good communication skills

Where do trading interns work?

Trading interns can take their learnings and work into a few different roles like Financial Sales & Trading Agents, Personal Finance Advisors, and Accountants. They also can work for many different types of companies, like our constantly growing list of employers hiring now.

How do I write a cover letter for an internship?

Take a look at some great cover letter writing tips to boost your confidence and ace your internship application! And if you need a place to start, try our free cover letter template download here, or reach out to your school’s career center for personalized cover letter guidance.