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What is a financial analyst internship and how to become one

Updated January 8, 2025
4 min read
Quoted expert
Nate Peach Ph.D.
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Financial analyst interns get the chance to dip their toes into the waters of financial services by temporarily supporting a firm's finance department's work. They might still be enrolled students or graduates straight out of college making their first career move.

As a financial analyst intern, you will collect data, prepare reports, research trends, analyze performance impact, create financial models, and forecast results. You will contribute to the documentation of processes and the implementation of strategic plans.

You might get a taste of various segments of financial activities as an analyst intern. You might support the sales team assisting marketing or customer service activities, analyzing competitors, or operating expenses. You can work as a controller for internal audits in a corporate function or contribute to financing product development or distribution, working on cost planning or procurement.

What general advice would you give to a financial analyst internship?

Nate Peach Ph.D.

Associate Professor of Economics, George Fox University

Try to stay optimistic. You've invested your time, energy, and money on a precious degree. The pandemic has not changed the value of the skills you've acquired. What it has done is to make it challenging to find a job for the moment. Things are weird right now. Many companies are redesigning their hiring practices, which is bound to cause challenges for job seekers. The skills that you developed as an economist are precious to employers, be diligent in your job search, and you will be rewarded with a great career.
ScoreFinancial Analyst InternshipUS Average
Salary
3.0

Avg. Salary $38,827

Avg. Salary $59,228

Stability level
5.8

Growth rate 9%

Growth rate 0.3%

Diversity
5.5
Race

American Indian and Alaska Native 0.10%

Asian 14.09%

Black or African American 5.64%

Hispanic or Latino 7.67%

Unknown 4.50%

White 68.00%

Gender

female 29.80%

male 70.20%

Age - 38
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38
Stress level
5.8

Stress level is manageable

7.1 - high

Complexity level
8.4

Complexity level is challenging

7 - challenging

Work life balance
4.3

Work life balance is poor

6.4 - fair

Financial analyst internship career paths

Key steps to become a financial analyst internship

  1. Explore financial analyst internship education requirements

    Most common financial analyst internship degrees

    Bachelor's

    76.5 %

    Master's

    16.6 %

    Associate

    4.0 %
  2. Start to develop specific financial analyst internship skills

    SkillsPercentages
    Financial Models9.00%
    Data Analysis5.54%
    Market Research4.35%
    Financial Data4.29%
    R4.19%
  3. Complete relevant financial analyst internship training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New financial analyst interns learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a financial analyst internship based on U.S. Bureau of Labor Statistics data and data from real financial analyst internship resumes.
  4. Research financial analyst internship duties and responsibilities

    • Accomplish project accounting functions including project costing, time reporting, project accruals and proper capitalization of development costs.
    • Create spreadsheet or SQL database to store raw data and generate statistical reports.
    • Create the new program using VBA to optimize efficiency and accuracy of the work.
    • Modify VBA base financial modeling system to maintain the high quality of refine sustainable income in volatile capital markets.
  5. Prepare your financial analyst internship resume

    When your background is strong enough, you can start writing your financial analyst internship resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a financial analyst internship resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable financial analyst internship resume templates

    Build a professional financial analyst internship resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your financial analyst internship resume.
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
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    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
    Financial Analyst Internship Resume
  6. Apply for financial analyst internship jobs

    Now it's time to start searching for a financial analyst internship job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first financial analyst internship job

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Average financial analyst internship salary

The average financial analyst internship salary in the United States is $38,827 per year or $19 per hour. Financial analyst internship salaries range between $28,000 and $52,000 per year.

Average financial analyst internship salary
$38,827 Yearly
$18.67 hourly

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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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