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Joel Weiss

UAT Undergraduate Summer Internship Development Program (USID) UAT

 

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.

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.

DEVELOPMENT OPPORTUNITIES


Accepting and Giving Constructive Feedback

Bloomberg Certification

Community Service

Equity 101

Excel Training

Financial Modeling

Fixed Income Basics

Interview Prep and Practice

Making the Most of Your Linked-In

Meditation

Negotiating Job Offers

Personal Branding

Professional Communications

Resume Writing Workshop

Teamwork and Collaboration

Executive Functioning

Financial Literacy

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 175 students and has created a richly diverse pool of potential job candidates for the future. So far, 23 have been hired as full-time Loomis Sayles or Natixis employees.

Prerequisites

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



SUMMER 2023: JUNE 7TH - AUGUST 13TH

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:

  • Alpha Strategies
  • Accounting
  • Community Investments
  • Corporate Communications
  • Credit Research
  • Equity Investment Team
  • Fixed Income Teams

  • Full Discretion
  • Human Resources
  • Investment Operations
  • Legal & Compliance
  • Marketing Information
  • Quantitative Research
  • Risk Management
  • Strategic Marketing

WHAT MAKES THIS INTERNSHIP DIFFERENT

This 10-week, paid summer internship is offered to undergraduate students. The program offers a holistic approach to the student's work experience and professional development. Most importantly, we seek applicants interested in growing ALL of their professional capacities.

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.

Students gain hands-on work experience on a team, and also participate in a series of regular workshops. The internship aims to strengthen each intern's personal, professional, and technical capabilities in preparation for the workforce.

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

  • 10,000 Degrees
  • Bottomline
  • CFA Society Boston
  • Fenway High School
  • SEO
  • SquashBusters

  • Summer Search
  • The Crimson Summer
  • Academy at Harvard Universtiy
  • The Partnership
  • uAspire
  • UNCF Lighted Pathways

OUR APPROACH

Work experience is coupled with a professional development program focused on verbal and written communication, creative thinking, work ethic, teamwork, networking, decision-making, flexibility, problem-solving, critical thinking, and conflict resolution. Workshops are held two days a week and include both mandatory and optional offerings.

In addition, students participate on a team project with a pre-assigned topic. Projects cover an array of investment and non-investment topics. Interns present their findings to supervisors and senior management at the conclusion of the internship in August, and compete for the most effective presentation.

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