Summer internship in South America for an Asian?

Hello everyone!
I have a friend in India who wants to get into finance ( asset management, equity research)

He is a pre-final year student in a top university in India (IIT Madras) and he is pursuing Majors in Materials Engineering and Minors in Economics. He has an overall GPA of 3.2/4.0 and 4.0/4.0 in Minors. He has previously interned at a prop trading firm in India.

He has no connections in the Latin Americas but he really wants to get into it.

Any recommendations as to how to progress into the above in Latin America.

  • Do you have to recruit through website and get placed in an office down there? Or do you have to compete with the the graduates from over there?

  • Does having connections help?

  • What type of students get placed Latin American offices?

Thank you very much for your help.

 

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