Undergraduate Summer Internship Development Program

Mission

To offer broad access and exposure to a career path in financial services by creating a candidate pool of first-generation college students and/or those under-represented in the investment management industry.

The Program

The Undergraduate Summer Internship Development (USID) Program was piloted in the summer of 2016 and became an official diversity intitiative in 2018. Since its initiation, the program has served 195 students and has created a richly diverse pool of potential job candidates for the future. So far, 25 have been hired as full-time Loomis Sayles or Natixis employees.

Prerequisites

  • GPA of 3.0 or above
  • Rising Sophomores, Juniors and Seniors
  • First-generation college students
  • Under-represented in the investment industry
Learn more

Our Approach

For 10 weeks, interns gain direct experience in a professional setting completing meaningful project-based work. To support them, interns receive industry-specific professional development aimed at giving them the knowledge and tools to advance in a corporate environment.

In addition, students participate on a team project with a pre-assigned topic. Projects cover an array of investment topics. At the conclusion of the internship in August, interns present their findings to supervisors and senior management.

Contact Us

Undergraduate Summer Internship Development Program (USID)

The USID program at Loomis Sayles provides students with a deep 10-week learning experience in the financial services sector that changes lives and opens up doors for a lifetime.

What Makes this Internship Different?

The program offers a holistic approach to the student's work experience and ongoing development. Most importantly, we seek applicants interested in growing ALL of their professional capacities. The program is broken down three main components:

Direct Experience

Students get direct experience by spending 10 weeks learning meaningful, practical, project-based work in a professional setting.

Ongoing Development

Students receive industry-specific and personal development aimed to give knowledge and tools to advance in a corporate environment.

Mentorship

Students are matched with an employee to support connecting experience and development to a potential career by sharing knowledge, experience, and career advice.

The internship is a first-generation college program. We seek a diverse range of students who are currently under-represented in the investment industry. Students who receive 50% or more need-based financial aid are also encouraged to apply.

Interns are recruited through a variety of sources, including Loomis Sayles' partnerships, such as:

  • 10,000 Degrees
  • Bottomline
  • CFA Society Boston
  • Fenway High School
  • Sapere Aude Consortium
  • SquashBusters
  • Summer Search
  • The Crimson Summer Academy at Harvard University
  • uAspire
  • UNCF Lighted Pathways

Development Opportunities Include, but Are Not Limited to:

  • Bloomberg Certification
  • Basics of Financial Market Structure
  • Cover Letter and Resume Writing
  • Equity Investing Basics
  • Excel Training
  • Executive Functioning
  • Financial Literacy
  • Financial Modeling
  • Fixed Income Basics
  • Interview Prep and Practice
  • Industry Knowledge Training
  • Making the Most of Your Linked-In
  • Negotiating Job Offers
  • Personal Branding
  • Social Media and Personal Branding
  • Teamwork and Collaboration

Summer 2024: June 3rd - August 9th

Each summer, approximately 20 positions are offered internships in a variety of departments throughout the company, including investment and non-investment teams. Positions may include:

  • Accounting
  • Client Relationship Management
  • Communications
  • Consultant Relations
  • Equity Research
  • Fixed Income Research
  • Human Resources
  • Investment Operations
  • Legal & Compliance
  • Marketing
  • Trading