2028 Investment Associate Internship

Dodge & Cox•San Francisco, CA
•Hybrid

About The Position

The Summer Associate program is a ten-week internship for students graduating between December 2028 and June 2029. Summer Associates work alongside investment professionals in an apprenticeship role, evaluating investments in companies around the world. Organized by industry, the program rotates interns among industry teams to assess current and potential investment opportunities. The program targets candidates with exceptional academic achievement across a range of disciplines. Interns are expected to work in their assigned office Monday through Thursday under Dodge & Cox’s 4:1 hybrid work model, with the option to work remotely on Fridays. The monthly compensation is $10,000. Dodge & Cox provides a relocation package or optional housing for summer interns. Employees must adhere to the Firm’s security policies and Code of Ethics.

Requirements

  • Matriculating between December 2028 and June 2029.
  • An excellent academic record.
  • Coursework in accounting and economics.
  • Strong quantitative and analytical skills.
  • Experience with Excel, PowerPoint, and Word.
  • Demonstrated interest in financial markets and investing.
  • Initiative and ability to manage multiple projects simultaneously.
  • Excellent communication skills and desire to work in a team-oriented environment.
  • Intellectual curiosity and genuine interest in understanding businesses and industries in depth.
  • Detail-oriented and conscientious, with the ability to produce high-quality analysis.
  • Coachable and eager to learn, able to absorb feedback and build independent judgment over time.
  • Poised and professional in meetings with company management teams and sell-side analysts.
  • Familiarity with AI tools such as Claude or Copilot, and willingness to apply them to research workflows.

Nice To Haves

  • Statistics coursework.
  • Coursework or demonstrated experience in corporate finance or valuation.

Responsibilities

  • Collect and analyze financial and industry data and metrics.
  • Build and maintain financial models and databases.
  • Attend meetings with senior management teams and sell-side analysts.
  • Participate in weekly training sessions.
  • Rotate among industry teams to evaluate current and potential investment opportunities.

Benefits

  • Monthly compensation of $10,000.
  • Relocation package or optional housing for summer interns.
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