You’re a grad student, a young professional or university student who is eager to get the experience necessary to land a great finance job in China. Doing an internship is one of the best ways to integrate into the workforce, especially if you are interested in learning more about the following internships for the financial sector.
Here’s what you can expect in these three finance industry internships.
Accounting Internships
Accounting internships are designed to train you to handle these three main areas of accounting: audit, financial and tax reporting. Mastering these skill sets is essential to progressing as an accounting professional. If you choose an accounting internship, you get to learn how to create financial statements and even how to present financial information to executives and shareholders of large companies. Other common tasks: creating audit documents, generating expense reports, learning the ins-and-outs of invoicing and payment processing. All of this happens under the supervision of a senior accounting executive, which is an experience in itself.
After successfully completing an accounting internship, you can find employment opportunities in public accounting firms, governmental agencies or business consulting firms.
Finance Internships
Finance internships are varied, especially if you do have prior experience working with the finances of a company. You will be working on day-to-day financial reports, helping the treasury department, and doing some project research. You might also find yourself preparing yearly/monthly/quarterly schedules, doing operations on a general ledger account, handling treasury functions, reconciling banking operations and applied cash, logging journal entries and taking care of end-of-the-month closing processes. There are many more tasks you might find yourself doing, as it depends on the type of company.
After completing a finance internship, you can find job opportunities through your network within the finance industry, entrepreneurship, financial services or financial fraud investigation.
Investment Banking Internships
Investment banking interns are often intent on landing a dream job at top investment banks, like Goldman Sachs, Morgan Stanley or JPMorgan Chase. Investment banking interns often get to work in one of the departments of the firm, which allows you to rapidly build expertise and participate in many other specialized tasks. Expect to work in teams comprised of managing directors, vice presidents, associates and analysts. As an intern, you get to be mentored by senior professionals, while getting the opportunity to demonstrate your leadership skills. On a daily basis, you will find yourself creating client presentations, researching, finding information, financial modeling and assisting banking teams with routine activities.
After completing an investment banking internship, you will have opportunities within the investment banking industry at leading banks.
Are you ready to take the next step and learn more about starting your finance internship in China? Find out more about our internship programs and contact us to get started.