Urgent - Feedback needed - WDYT of virtual unpaid internship?

I have nothing lined up for summer (offer rescinded from local MM bank) and my plan is to cold-email funds around my area for unpaid internships. The problem is, the internship will most likely have to be virtual in this current situation.

So my question is:

  1. What would you think if someone reaches out and asks for an unpaid virtual internship at your firm? Do you think it's too risky/troublesome to have an unpaid intern work remotely?

  2. What are the types of HF (e.g. L/S Equity), if any, where it is more feasible to delegate tasks to an intern remotely? I wanted to target quant-focused hedge funds because of my major in Math and Physics, but I don't know if it is even possible for them to delegate any tasks remotely.

  3. I have been spending time on this algo-trading research platform called Quantopian. The platform allows you to research possible alpha-factors (e.g. fundamentals, sentiment), write an algorithm based on them, back-test them. I haven't found anything good yet - and probably won't anytime soon. Do you think I should mention it on my resume or is it too cringy?

Any feedback would be greatly appreciated!

 
Most Helpful

Possimus repellat quae quidem odit debitis debitis corrupti aut. Consequuntur voluptate animi voluptates optio necessitatibus quis in repellendus. Dolorem quam sint ad consectetur incidunt.

Soluta nihil quibusdam tempore corporis perspiciatis consequatur sunt qui. Velit officiis recusandae facilis atque.

Sit quia cumque ipsam ea sit voluptas et. Placeat maiores quo nulla voluptatem autem.

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
98.8