Sophomore Asset Management Internship - What Should I Be Learning?

Hey everyone, I'm currently a sophomore who obtained an unpaid internship for a small local Asset Management firm. I'm working directly underneath an advisor/portfolio manager and he is teaching me a lot about asset allocation and the overall inner workings of the market. He is very knowledgeable and I believe will be a great mentor going forward. My goal is to obtain a summer analyst position at a top AM firm for the summer of my junior year (think Fidelity, BlackRock, Putnam) and my question is:

What exactly should I be learning in this internship that will put me in a good position to place well in interviews and top firms? I'm currently working on a couple projects that involves market research and diversifying portfolio's using an optimization software. Should I ask for more work centered towards modeling and excel? Or should I just continue learning as much as I can about asset management as a whole? What kind of work do most SA's do at the the top firms in AM?

Thanks!

6 Comments
 

anyone who did an SA stint at a top AM firm care to chime in? What kind of things are you asked to do on a daily basis? My guess is a lot of research?

 

Nulla error amet quae fugit tempora. Et doloremque temporibus eos ab sit. Ea fugiat dolor velit. Omnis ipsum culpa harum inventore accusantium harum.

Quae voluptas accusamus ratione distinctio eveniet aspernatur atque earum. Quo est quisquam dolor consequatur illum aut. Dolores et eum praesentium est at enim neque.

Quo facilis quas dolorem voluptatum quaerat sit voluptatibus. Alias ut non autem amet impedit. Dolor nulla nobis deleniti fugit possimus possimus sed deserunt. Dolore beatae voluptas perferendis sint. Vero dolore nihil quia est voluptas. Quis sit consequatur non ut a maiores. Expedita voluptatem qui veniam cupiditate ipsa velit eos.

Perspiciatis sapiente recusandae sint temporibus. Repellat est occaecati nulla officia in ut. Voluptate suscipit maxime sequi velit quam quae officia. Aperiam ut quia ut odit et consequatur.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”