Investment Intern

Job Description - Investment Intern )

Position Title:

Investment Intern - (  )

Gain hands‑on institutional investment experience through Montana’s Board of Investments’ (BOI) summer investment internship. The BOI is responsible for managing over $31 billion in assets. BOI’s summer internship offers an immersive opportunity to work directly with investment teams, build a professional network in finance, and contribute to real projects that impact Montanans.

Interns work side‑by‑side with BOI investment professionals in the following groups:
Fixed Income, Public Markets, Private Investments, Real Estate & Real Assets, Investment Operations, and Risk Management. Both structured projects and ad hoc assignments allow interns to innovate and develop independent insights. This is a hands‑on role providing exposure to the full cycle of institutional investing, regular interaction with external managers, and access to Bloomberg, Fact Set, eVestment, Pitchbook, and comparable investment research tools.

Interns will be part of meetings, participate in real investment decisions, and will represent BOI professionally at all times.

• Learn how investment decisions are made in an institutional pension environment.
• Gain familiarity with BOI’s organizational structure and investment teams.
• Use leading investment technologies (Bloomberg, Fact Set, eVestment, Pitchbook).
• Analyze and present investment opportunities, forming independent opinions on portfolio suitability.
• Communicate ideas and findings in both written and verbal formats.
• Build a professional network, including with external managers and consultants.

• Conducted sector and credit analysis for fixed‑income opportunities.
• Used eVestment & Fact Set data to assist in the selection and monitoring of external public market managers, directly informing BOI’s investment process.
• Updated private investment due diligence questionnaires to align with industry standards (ILPA guidelines).
• Mapped all BOI real estate holdings using GIS technologies.
• Traded fixed‑income securities via the Bloomberg platform (under supervision).

Join the Montana BOI team and launch a meaningful career in institutional finance!

• Full‑time student pursuing a 4‑year undergraduate degree in business, finance, accounting, economics, or a related field.
• Junior or senior standing preferred.
• Demonstrated interest in institutional investing or the financial industry.
• Professionalism, initiative, and the ability to manage multiple projects simultaneously.
  
  Basic proficiency with Microsoft Office Suite, especially Excel and PowerPoint.
• Willingness to work in‑person in the Helena, MT office.
• Experience gathering and summarizing large data sets in Excel.
• Enrollment in, or intent to pursue, the CFA program preferred.

• Background check required prior to employment.
• This position is hourly.
• Office attire is business casual.
• Housing assistance or relocation support not provided.

Applicant Pool Statement :
If another department vacancy occurs in this job title within six months, the same applicant pool may be used for the selection. Training Assignment :
Not Applicable

Required Application Materials :
Cover Letter, Resume

Contact Name :
Peggy Mac Ewen | Contact Email : peggy.macewen | Contact Phone :  Anyone who needs to request a reasonable accommodation in the application or hiring process should contact the HR staff identified on the job listing or by dialing the Montana Relay tana Job Service Offices also offer services including assistance with submitting an online application.

State government does not discriminate based on race, color, national origin, religion, sex, sexual orientation, gender identity or expression, pregnancy, childbirth or medical conditions related to pregnancy or childbirth, age, physical or mental disability, genetic information, marital status, creed, political beliefs or affiliation, veteran status, military service, retaliation, or any other factor not related to merit and qualifications of an employee or applicant.