Our investment teams create portfolios of equity securities through collaboration with portfolio managers, analysts, associates and traders. Our Investment Associates (IAs) focus on a small number of stocks and learn everything they can about those companies. They build and maintain detailed financial models; work with data sources to build their insight into company fundamentals; and perform many other forms of primary and analytical research to help their team understand each company as thoroughly as possible.
Successful summer internship participants will receive an offer for full time employment in our newly launched Citadel Associate Program. The Citadel Associate Program seeks to train and develop junior talent into successful investment professionals on Citadel’s platform.
As a participant in our summer program, you will experience first-hand long-short equities investing from the inside of one of the world’s most preeminent hedge funds. Participants will learn through three different avenues: instructor led classroom training, rotations on investment teams, and a team-based summer long stock pitch.
• Classroom instruction will be led by a former Citadel Portfolio Manager, Jacob Grossman. The curriculum will focus on key Associate building blocks – basic financial modeling, dissecting a company’s future business prospects, and distinguishing between good and bad businesses and attractive and unattractive investment opportunities, among other areas. It will also provide extensive exposure to Citadel’s best-in-class infrastructure, allowing participants to understand how the right technology investing applications and risk management systems help drive repeatable investing process and best in class performance.
• Investment team rotations will give our interns the chance to perform bespoke research projects while reporting directly to analysts and portfolio managers across different industry groups.
• Our team stock pitch will expose interns to what executing an investment process looks like – identifying an attractive investment opportunity and learning how to build and then convey conviction in front of a panel of program leaders and other Citadel investment professionals.