How to hire a financial analyst internship

How to hire a financial analyst internship, step by step

Here's a step-by-step financial analyst internship hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a financial analyst internship job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new financial analyst internship
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   Before you start hiring a financial analyst internship, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   Hiring the perfect financial analyst internship also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.

   The following list breaks down different types of financial analyst interns and their corresponding salaries.

   Type of Financial Analyst Internship	Description	Hourly rate
   Financial Analyst Internship	Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.	$13-25
   Investment Banking Analyst	An Investment Banking Analyst reviews and analyzes data for investment banking portfolios. They work with individuals and businesses to suggest potential investments for their clients.	$16-50
   Summer Analyst	Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information... Show more	$20-49

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Financial Models
   • Data Analysis
   • Market Research
   • Financial Data
   • R
   • Financial Statement Analysis
   • Due Diligence
   • Pivot Tables
   • Journal Entries
   • Balance Sheet
   • Real Estate
   • Financial Performance
   • SQL
   • Variance Analysis

   Check all skills

   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.
   • Create a DCF model on a potential capital expenditure project for a combined-cycle natural gas power plant in Minnesota.
   • Prepare enhanced financial statements and reports utilizing ERP systems.

3. Make a budget

   Including a salary range in your financial analyst internship job description is a great way to entice the best and brightest candidates. A financial analyst internship salary can vary based on several factors:

   • Location. For example, financial analyst interns' average salary in kansas is 34% less than in connecticut.
   • Seniority. Entry-level financial analyst interns earn 46% less than senior-level financial analyst interns.
   • Certifications. A financial analyst internship with a few certifications under their belt will likely demand a higher salary.
   • Company. Working for a prestigious company or an exciting start-up can make a huge difference in a financial analyst internship's salary.

   Average financial analyst internship salary

   $38,827yearly

   $18.67 hourly rate

   ---

   Entry-level financial analyst internship salary

   $28,000 yearly salary

   Updated December 15, 2025

4. Writing a financial analyst internship job description

   A financial analyst internship job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a financial analyst internship job description:

   Financial analyst internship job description example

   We heard you knock!
   
   Internship Learning Outcomes:
   The GBS Financial Analyst Intern will support the GBS Center of Excellence team on design, building, testing, and implementation of new business processes as part of the transformation initiatives. The position requires advanced Microsoft Excel and VBA knowledge as well as thinking outside of the box. In addition, you will be participating in a program that encompasses:
   Approximately ten-week summer assignment at Masonite's corporate headquarters in Tampa, FloridaDevelopment of personal and professional skills through training, networking and mentoring relationships Interactions with senior leaders during intern activities such as lunch-and-learn events and leadership dialogues The opportunity to build teamwork skills through interaction with other interns and colleagues
   
   Leadership Relationships:
   This role will include exposure to leaders and team members within all of Masonite's GBS pillars both in the US and UK (Accounting, Accounts Payable, Accounts Receivable, Customer Service, and Center of Excellence). Some assignments may involve the broader Finance and Accounting organization or Operations teams.
   
   Responsibilities and Accountabilities:
   Enhances and supports Masonite's Robotic Process Automation (RPA) program Provide in depth analysis and tracking on variances as well as other financial analysis and ad hoc reporting as required Research into data sources and financial metric calculations to build a data model. Development will include back-testing, accuracy checks, model verification, and variance analysis. Forges relationships and partners/collaborates with customers - helping to maintain service level expectations of the CoE. Participates in the continuous improvement activities of the CoE team - identifying issues, problem-solving as well as automation opportunities Exchange information clearly and concisely and to present ideas, report facts, and other pertinent information Will work effectively both autonomously and within a team environment
   
   Minimum Qualifications and Experience Requirements:
   Currently enrolled in a university at the Junior or Senior level Major: Finance, Accounting or Management Information SystemsGPA: 3.3 minimum Proficient with the Microsoft Office suite and other business applications Exposure to PowerBI or other business visualization tools Aptitude to quickly learn diverse types of software and systems Strong interpersonal communication skills Critical thinking skills Results orientation Business acumen
   #LI-DV1
   
   Open to extraordinary!

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right financial analyst internship for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your financial analyst internship job on Zippia to find and recruit financial analyst internship candidates who meet your exact specifications.
   • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
   • Post a job on free websites.

6. Interview candidates

   During your first interview to recruit financial analyst interns, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.

   It's also good to ask about candidates' unique skills and talents to see if they match your ideal candidate profile. If you think a candidate is good enough for the next step, you can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new financial analyst internship

   Once you've decided on a perfect financial analyst internship candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.

   To prepare for the new employee's start date, you can create an onboarding schedule and complete any necessary paperwork, such as employee action forms and onboarding documents like I-9 forms, benefits enrollment, and federal and state tax forms. Human Resources should also ensure that a new employee file is created.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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