Summer 2024 Investments Internship
Job Description
Discover a rewarding internship opportunity with the Indiana University Foundation that is tailored for mission-driven, collaborative, and passionate students aspiring to build a future in fund management or investments.
As the investments intern at the IU Foundation, you'll embark on an immersive journey led by our seasoned non-profit professionals, gaining hands-on experience in the dynamic world of higher education fundraising. Witness the transformative impact of a donor's contribution as it evolves into life-changing research, scholarships, and advancements in higher education through the lens of our investments team, who help maximize the endowment portfolio at an acceptable level of risk. Collaborate closely with our investments team, where you'll receive personalized mentorship from two industry experts. Immerse yourself in the real-world intricacies of various asset categories, including stocks, bonds, hedge funds, real assets, and private capital.
Your internship will provide firsthand exposure to a diverse range of activities, such as managing investment operations, participating in meetings with investment managers, summarizing reports, analyzing portfolio data, and contributing to large-scale projects. Join us and be an integral part of shaping a future where your passion meets purpose.
About the Program:
The Daniel C. Smith Internship program runs from May 13th to August 5th, 2024. You and a cohort of interns work 40 hours per week for 12 weeks and will be, competitively compensated for your time. As an intern, you are integrated into your individual host unit teams and can network with the IU Foundation’s professional staff and the rest of the intern cohort.
About our Investments Division:
The Investments Division helps to maximize the endowment portfolio returns at an acceptable level of risk. Primary responsibilities include managing due diligence, asset allocation, Pooled Long Term Fund pricing and transactions, and liquidity management. The investments team also participates in meetings, conversations, and inquiries from donors, student groups, IU units, deans, faculty, and others about IUF investment strategies and practices.
Program Highlights:
Learning Series on the Fundraising Process: You’ll join IU Foundation and IU development leadership for this multi-faceted learning series. You will learn the people, processes, and foundation in place that led to the recent success of Indiana University’s Bicentennial Campaign, which raised just over 3.9 billion dollars for IU.
Case Competition: Team up with members of your intern cohort for an intense competition to solve a real-life business problem in the fundraising community! You will be grouped with a team of interns, with a development executive as your mentor, as you put your heads together to innovate the world of fundraising through this lively competition!
Networking Opportunities: One of the IU Foundation’s core values is collaboration. Throughout the summer, you will have access to 260+ fundraising and fundraising support professionals who are here to help you in your internship journey. We will connect you to important donors and friends of IU and will encourage and push you to make meaningful connections throughout your 12 weeks as an intern.
Signature events experience: You will be able to attend signature events and learn about how donor societies operate. Scholars attend dean’s advisory meetings, frequently attend development staff meetings, and gain exposure to annual giving, annual fund, stewardship, etc. students should play an active role.
Board of Directors Meetings: You will have the opportunity to attend Indiana University Foundation’s Board of Directors meetings, which take place in June each summer. See behind the scenes how the Foundation boards operate and meet some of IU Foundation’s most treasured donors and friends.
Capstone Presentation : After 12 weeks of contributions to your host unit, you will have the opportunity to present to a large audience of development leadership, a presentation of your summer projects and learnings. This is a great opportunity to leave a lasting impression on your potential future employer!
Qualifications
Your Professional Attributes:
Your Qualifications:
Additional Information
While this program may be on-site or hybrid, candidates must reside in, or be willing to relocate to, Indiana for the duration of the internship program.
Make sure to submit your resume and cover letter by January 15th, 2024. A cover letter is highly recommended for consideration.
For questions regarding the internship program, please contact Lawrence Hammer, Associate Talent Acquisition Specialist, at iuftalen@indiana.edu.
The IUF is committed to providing a safe, respectful, and professional work environment that is free of discrimination and harassment. The IUF will not tolerate any form of discrimination or harassment based on the Individual’s race, ethnicity, religion, color, sex, age, national origin, genetic information, sexual orientation, disability, gender identity or expression, ancestry, marital status, protected veteran status, pregnancy, or any other basis prohibited by law.