Investment Intern

State of Montana • Helena, MT

4d • Onsite

About The Position

The Montana Board of Investments (BOI), which manages more than $31 billion in assets, offers a summer internship providing hands-on experience in institutional investing. Interns work alongside investment professionals in Fixed Income, Public Markets, Private Investments, Real Estate & Real Assets, Investment Operations, and Risk Management. Through structured projects and ad hoc assignments, interns develop independent insights and gain exposure to the full institutional investment cycle, including regular interaction with external managers and participation in meetings and real investment decisions. Interns are expected to represent BOI professionally. The position is hourly and based in person at the BOI office in Helena, Montana. Office attire is business casual. A background check is required before employment. Housing assistance and relocation support are not provided. Applications must be submitted through the State of Montana careers website by January 31, 2027, with a resume and cover letter explaining the applicant’s interest in institutional investing and the Montana Board of Investments.

Requirements

• Be a full-time student pursuing a four-year undergraduate degree in business, finance, accounting, economics, or a related field.
• Demonstrate interest in institutional investing or the financial industry.
• Show professionalism and initiative, and be able to manage multiple projects simultaneously.
• Have basic proficiency with Microsoft Office Suite, especially Excel and PowerPoint.
• Be willing to work in person in the Helena, Montana office.
• Have experience gathering and summarizing large data sets in Excel.
• Have a minimum 3.0 GPA.

Nice To Haves

• Junior or senior standing is preferred.
• Enrollment in, or intent to pursue, the CFA program is preferred.

Responsibilities

• Work alongside BOI investment professionals in investment teams such as Fixed Income, Public Markets, Private Investments, Real Estate & Real Assets, Investment Operations, and Risk Management.
• Complete structured projects and ad hoc assignments, developing independent insights.
• Analyze and present investment opportunities and form opinions on portfolio suitability.
• Communicate ideas and findings in written and verbal formats.
• Participate in meetings and real investment decisions.
• Interact with external managers and consultants and represent BOI professionally.
• Use investment research and data tools, including Bloomberg, FactSet, eVestment, and Pitchbook.
• Potentially conduct sector and credit analysis, assist with public-market manager selection and monitoring, update private-investment due diligence questionnaires, map real estate holdings using GIS technologies, or trade fixed-income securities under supervision.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern