My Experience as an Intern with Zolio Investment Management

Zolio Investment Management Internship

In the last month I’ve participated in an internship via Zolio Inc. The company basically has an online trading platform with “imaginary” money but real market time data. So, it has about the same effect of keeping track of your investments in an Excel document except it basically updates the values of your stocks for you.

What are your responsibilities as a Zolio intern?

I should be ideally doing 3-4 hours a week on the platform. They seem to only want students to test their platform. It doesn’t really seem like something you have to actively participate in. So long as you put in a little effort (less than an hour a week), you can definitely manage. There are weekly webinars about helping things you can do while trying to create your own portfolio. However, this program is not very intense so after I go through a few other questions, you’ll get the gist of what this is.

How hard is it to get an interview, the position, etc?

If you have 10 minutes to spare in your day, that’s all it takes. I literally filled out a questionnaire essentially and showed interest in trading when it came to the answers. I didn’t have to hand in a resume or note that I was from some sort of business school.

What value does Zolio serve?

Not a whole lot. It’s unpaid and it’s minimal to zero work. But, what you do that doesn’t follow the standard at an internship can always be noteworthy on a resume. So implementing strategies you learned and implementing them to create “fake” financial gains can be something worth mentioning in an interview. However, this is really only good at taking up space if you need something for that purpose.

What audience should look for Zolio?

Those who are actually interested in learning more about the financial markets, who are undergrads, and have almost zero experience with investing.

That’s all for now, good luck to you fellow undergrads looking for internships!