Job Description

Investments Student Intern - Summer 2026

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25142526

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Gain hands-on institutional investment experience through Montana's Board of Investments' (BOI) summer 2026 investment internship. The BOI is responsible for managing over $28 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.

About the Internship

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, FactSet, 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.

Learning Outcomes & Activities

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, FactSet, 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.

Recent Intern Projects:

Conducted sector and credit analysis for fixed-income opportunities. Used eVestment & FactSet 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!

How to Apply

Applications must be submitted online through the State of Montana careers website by January 31, 2026. Please include a resume and cover letter explaining your interest in institutional investing and the Montana Board of Investments.

Qualifications

Full-time student pursuing a 4-year undergraduate degree in business, finance, accounting, economics, or a related field. Rising junior or senior standing as of Fall 2026 semester. 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. Minimum 3.0 GPA. Enrollment in, or intent to pursue, the CFA program preferred.

Additional Information

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

Salary: $

25.00 - 25.00 Hourly

Telework Eligibility

Not Telework Eligible

Benefits Package Eligibility

Retirement Plan Optional

Number of Openings

2

Employee Status

Short Term

Schedule

Full-Time

Job Type

Internship

Shift

Day Job

Travel

No

Primary Location

Helena

Agency

Board of Investments

Union

000 - None

Posting Date

Oct 27, 2025, 2:12:46 PM

Closing Date (based on your computer's timezone)

: Feb 1, 2026, 12:59:00 AM

Required Application Materials

Cover Letter, Resume

Contact Name

Peggy MacEwen |

Contact Email

peggy.macewen@mt.gov |

Contact Phone

406.444.1365