Learn the skills, strategy and craft of investing at a preeminent financial firm. In this highly selective program, world-class investment professionals will be your coworkers and teachers.
The Citadel Associate Program teaches foundational skills to early-career investment professionals in our equities strategies. Our summer internship sets up participants for our full-time graduate program.
Rotations are available globally, with our New York City team serving as your lead instructors.
We are looking forward to meeting prospective CAPs on November 1, 2024, at the ENGAGE Undergraduate Investment Conference.
Learn More
Our internship is open to rising seniors. For 11 weeks, you’ll receive hands-on, foundational instruction from firm leaders. Rotating among investment teams, you’ll conduct bespoke research projects, initiate coverage of companies and present a stock pitch with a team of peers.
You’ll start with a one-week offsite to foster relationships with peers and develop problem-solving and leadership skills. Next, you’ll learn modeling and financial analysis fundamentals as you prepare for the first of two team rotations. You’ll build connections with investment professionals who will help hone your investment approach.
Begin your first team rotation and initiation project, while continuing to learn and train. In your sixth week, you’ll complete your first set of initiation presentations. In week seven, you’ll return to the classroom to hone more skills and prepare for your second rotation.
During the last phase of the program, you’ll complete your second team rotation and initiation project. As you enter your last week, you’ll return to the classroom for final sessions and review. You will also have opportunities to give back through community service while networking with the people you’ve met.
As a graduate participant, you’ll spend three months honing a strong financial analysis and investment diligence process. You will build lasting relationships across the investment teams, aided by extensive communication and leadership training.
Learn how to analyze the future prospects of a company or an entire industry through rigorous modeling and analytics.
Refine a differentiated investment process, leveraging our world-class primary research resources to help build conviction in your alpha view.
Get expert insights on personal growth and development. Demonstrate leadership through volunteering opportunities with local community partners and programs.
Insider
Citadel has a very meritocratic culture where the people who show they can take on responsibility get that responsibility. Even from day one, my team treated me like a full-time associate. I was doing real work and I was able to contribute things that we’ll be able to use going forward.
I was impressed with the CAP curriculum’s harmony between learning and doing, where our rotation projects allowed us to put what we studied during classroom lectures into practice and truly hone our skills on the job.
ENGAGE Undergraduate Investment Conference When: November 1, 2024 Where: University of Michigan
Interested in meeting our team at the conference? Let us know!
Our full-time applications are now closed. Our internship applications will open January 2025.