At Franklin Templeton were advancing our industry forward by developing new and innovative ways to help our clients achieve their investment goals. Our dynamic firm spans asset management wealth management and fintech offering many ways to help investors make progress toward their goals. Talented teams working around the globe bring expertise thats both broad and unique. And our welcoming respectful and inclusive culture provides opportunities to help you reach your potential while helping our clients reach theirs.

Come join us in delivering better outcomes for our clients around the world!

Putnam Investments a Specialized Investment Manager (SIM) of Franklin Templeton is a diversified equity-only asset manager with roots dating back to 1937. We manage a range of active equity portfolios with a focus on stock-specific opportunities. Our approach stock-driven rather than style-driven is designed to produce consistent outperformance regardless of the market environment. As of June 30 2025 the firm managed over $135 billion in assets under management in strategies covering the style geography and capitalization spectrum as well as sustainable solutions. We offer these strategies in a number of vehicles to meet the investment needs of our global clients and investors. Available vehicles include mutual funds institutional separate accounts SMA/model portfolios ETFs CITs and UCITS.

Position Overview

This is a great opportunity for rising Sophomores and Juniors to learn more about Putnam investment research and career paths in the investment field. Over the course of the three-day Externship in Putnams Boston office candidates will experience first hand the day to day responsibilities of a Putnam Equity Analyst. Upon arriving Externs are paired into small groups with other similarly hard-working self-driven and passionate people. These small groups are each supported by an analyst mentor who helps them leverage Putnams internal and external resources as they conduct bottoms up fundamental research into a company. Throughout the three days the externs will also have the chance to meet and engage with numerous Putnam Associates Analysts and Portfolio Managers. At the end of the program each Extern group will present a stock pitch with a Buy Sell or Hold recommendation to a broader group of Putnam the past the Externship has acted as a funnel into our full summer Internship.

The 3-day Externship at Putnams Boston office will take place May 27 May 29 2026.

Position Responsibilities

• Analyze a business and industry Utilizing Putnams internal and external resources perform analysis on your assigned company and its industry. Study everything from the business management team to their suppliers customers and competitors. Use this knowledge to make judgements about the quality and outlook of the company and industry.

• Identify key stock drivers Begin to apply your view of the companys outlook to the stock price. Figure out what matters for each stock and perform analysis to support your view around likely outcomes for the business and stock.

• Present and communicate your findings effectively Prepare a power-point presentation that covers the analysis you have done and the conclusion you have drawn. Communicate your thesis and stock rating clearly and link your conclusion to your analysis.

Education Work Experience and Key Traits

• Previous work in Finance is not required or expected for the Externship.

• Candidates with superior undergraduate academic records from all majors are encouraged to apply.

• Self-driven individuals who thrive in an autonomous environment and are excited about the opportunity to make a meaningful impact.

• We are looking for a demonstration of passion that can be applied to investing.

• Strong work ethic coupled with the desire to win.

• Ability to learn quickly and to effectively convey conclusions.

• Team player; additive to overall process with positive attitude leadership by example and active involvement at all levels to advance the investment dialogue.

Experience our welcoming culture and reach your professional and personal potential!