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Type of Role: Investments

Experience Level: Intern - Undergraduate

Location: Pittsburgh, Pennsylvania

Salary: $50K - $60K

Carnegie Mellon University (CMU) is a private research university in Pittsburgh, Pennsylvania. The institution was originally established in 1900 by Andrew Carnegie as the Carnegie Technical Schools. In 1912, it became the Carnegie Institute of Technology and began granting four-year degrees. In 1967, it became the current-day Carnegie Mellon University through its merger with the Mellon Institute of Industrial Research, founded in 1913 by Andrew Mellon and Richard B. Mellon and formerly a part of the University of Pittsburgh.

Reporting to the Chief Investment Officer, the Undergraduate Investment Analyst Intern role at Carnegie Mellon University is an exciting opportunity for a motivated current student, who is interested in gaining broad-based investment analysis and portfolio reporting experience in a fast-paced, entrepreneurial environment.

 

The right candidate will be someone who is incredibly detailed and comfortable with day-to-day analytical work, but who can also think creatively, research new investment opportunities and generate innovative ideas in support of the University’s investment objectives. This person must also be confident in their ability to effectively communicate and present those thoughts and ideas to senior leadership.

 

Carnegie Mellon’s goal is to become a leader in endowment management, overseeing a comprehensive global portfolio invested with premier managers across major asset classes, including public equities, hedge funds, private equity, venture capital, real estate, natural resources, distressed opportunities, and fixed income.

 

Overview of Internship:

 

Working closely with Carnegie Mellon’s Investment Office staff, the successful candidate will play a key supporting role in the management and oversight of the University’s endowment and other long-term financial investments.

 

The Investment Analyst Intern’s responsibilities will focus on supporting the investment staff in the following areas:

  • Managing the development of systems and models for monitoring the investment portfolio
  • Conducting extensive due diligence, both qualitative and quantitative, on various investment managers
  • Preparing presentations for the University’s senior administration and Investment Committee
  • Performing research on new and existing investment strategies and market opportunities, as appropriate
  • Other duties as assigned

 

Knowledge and skills required to perform these responsibilities include:

  • Familiarity and utilization of Microsoft Office products
  • Excellent written and verbal communication skills
  • Ability to work effectively both on an independent basis and within a collaborative team environment
  • Outstanding interpersonal, listening and presentation skills
  • Knowledge of investment management concepts and global current events and market conditions

 

Inclusion, teamwork, and cultural sensitivity are valued proficiencies at within the Investments Office at CMU. Therefore, we are in search of a team member who can effectively interact with a varied population of internal and external partners at a high level of integrity and polish even under stress. We are looking for someone who shares our values and who will support the mission of the university through their work.

 

 

Qualifications:

  • Must be currently enrolled as an undergraduate student (Sophomore, Junior or Senior) with a major in Real Estate, Consulting, Mathematics, Statistics, Accounting, Business Administration & Management, Business Analytics, Economics, Entrepreneurship, Finance & Financial Management, or International Business.
  • GPA: 3.25 minimum

 

Additional Information:

  • Timeframe: Summer 2024 (~10 week internship)
  • Internship Location: Pittsburgh, PA (on-site)
  • Work Posture: This position is operating on a hybrid schedule, with an on-campus/ in office presence of 3 days a week, 2 days remote (Greater Pittsburgh region based)
  • Sponsorship: Applicants for this position must be currently legally authorized to work for CMU in the United States. CMU will not sponsor or take over sponsorship of an employment visa for this opportunity.

 

The deadline to express interest and/or apply is Friday November 17, 2023.

 

Are you interested in this opportunity?! Apply today!

 

 

 

Location

Pittsburgh, PAJob Function

Non-CMU StudentsPosition Type

Intern (Fixed Term)Full Time/Part time

Full timePay Basis

Hourly