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You will be updated with latest job alerts via emailWHO WE ARE:
With the Investment Management Division (IMD) you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 2 million public education employees and retirees throughout Texas.
Navigating the current market environment takes innovation and were passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $200 billion in public and private investments. Our success starts with you.
The IMD Student Intern Public Markets performs entry levelinvestment research and analysis work. The incumbent will assist investmentstaff with investment-related research and analysis and perform specialprojects with a primary focus on gaining practical work experience forpersonal development or to satisfy educational requirements. This position willproactively work with the Public Markets team and IMD staff.
Note: This position is a paid full-time limited termassignment that offers interns the opportunity to gain substantive hands-onexperience. Interns enjoy the opportunity to get training and mentoring fromexperienced professionals in one or more areas. There is potential for full time hire post graduation for candidates meeting qualifications and where there is mutual interest.
The Intern position is scheduled to start the firstweek of June and will end on August 7th 2026. We require that all IMD internslive in Austin TX for the duration of their internship. Additionally weare targeting students who will be graduating between December 2026 and June2027.
Salary will be dependent upon education level:
Undergraduate Student (Senior) - $40.89/hour
5 Year Masters Student - $44.52/hour
WHAT YOU WILL DO:
Research and Analysis
Assists in performing fundamental and statistical investment analysis forpotential investment opportunities including investment computations ( valuation multiples correlations volatility analysis attributionanalysis etc.) using any reliable printed or electronic media and contactwith external managers.
Assists investment managers in conducting quantitative investment research.
Assists in conducting investment research on various companies industriesor countries.
Assists investment managers in performing due diligence research and analysisfor potential investment opportunities.
Projects and Communication
Conducts projects with support from Public Markets team in the followingareas: internal global equity portfolios both quantitative and discretionaryfundamental; external manager global equity and hedge fund portfolios; creditand special situation portfolios.
Participates in group projects as assigned.
Consults or coordinates with investment managers analysts investmentaccounting legal counsel custodian and third-party advisors and consultants.
Provides timely written or oral reports of analysis and recommendations toinvestments staff and management.
Ensures that the agency Ethics Policy is adhered to in relationships withgeneral partners external managers brokers research suppliers and othervendors.
Performs related work as assigned
WHAT YOU WILL BRING:
Required Education:
Must meet one of the following criteria:
Currently enrolled in and actively attending an accredited college oruniversity as an undergraduate student with a declaredmajor in businessadministration finance accounting operations research math informationtechnology liberal arts or a related area. Must complete their junior year (90hours) by the start of the internship. This includes candidates considering a5-year masters program; OR
Currently enrolled in and actively attending a graduate program in financeaccounting business administration or closely related area.
GPA at or above 3.25.
Applicant will be required to submit a copy of official college transcripts.
Experience:
None.
Registration Certification or Licensure:
None.
Preferred Qualifications
Experience or education in institutional investmentresearch accounting financial analysis statistical analysis or a relatedfield.
Familiarity with basic coding in Python or similar language.
Knowledge Skills and Abilities
Knowledge of:
Investment concepts terminology styles models strategies and fundamentalinvestment factors.
Statistical concepts methods and models and their application toinvestments.
Skill in:
Using a computer in a Windows environment with wordprocessing spreadsheet presentation database and other business software toprepare correspondence spreadsheets charts and reports.
Conducting data searches and evaluations of largeamounts of information performing complex statistical analysis of the dataand preparing concise and accurate reports and written/oral recommendations.
Planning organizing and prioritizing workassignments to manage a high-volume workload in a fast-paced and changingenvironment and in completing detailed work with a high degree of accuracy.
Verbal and written communication of complexinformation that is accurate timely and based on sound judgment
Ability to:
Establish and maintain harmonious workingrelationships with co-workers agency staff and external contacts.
Work effectively in a professional teamenvironment.
For more about our Investment Management InternshipProgram please visit:
Occupational Specialty (MOS) Codes:
Veterans Reservists or Guardsmen with experience in the Military Occupational Specialty ( ) along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Talent Acquisition at with questions or for additional information.
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Required Experience:
Intern
Intern