Overview
Introduction
The Undergraduate Summer Intern Development (USID) Program’s goal is to offer access and exposure to a career path in financial services, supporting first-generation college students and those under-represented in the investment management industry.
Internship Program Stats
How To Apply
The application is available on the Loomis Sayles Careers page. Students will need to provide a resume and cover letter. Please reach out to LoomisSaylesUSID@loomissayles.com with any questions.
https://careersloomissayles.com/
Number Of Interns
Featured Rankings
Timing
Hours
Min GPA
About the Program
Loomis Sayles offers a 10-week internship program for first-generation college students to gain direct experience in a professional setting, completing meaningful project-based work. To support them, interns receive industry-specific professional development aimed at giving them the knowledge and tools to advance in a corporate environment.
Approximately 20 positions are offered per summer in various departments across the firm, from accounting to fixed income research to marketing an...
About the Company
Loomis Sayles, established in 1926, is a global investment management firm that’s best known for its expertise in fixed-income investments. Headquartered in Boston, Massachusetts, the firm offers a range of investment solutions to institutional and retail clients worldwide. Loomis Sayles is known for its active management approach and rigorous research into ever-changing markets.
The firm's investment strategies encompass a wide spectrum of fixed-income assets, including corporate bon...
Intern Reviews
- “The firm culture is extremely accepting, and everyone at the firm is always willing to network with and provide advice to interns. In addition, we never have to work outside of our scheduled 40 hours a week, and the office culture encourages having a good balance between work and life.”
- “My quality of life during the internship was great as they prioritized a strong work-life balance while working 35 hours a week as well as bonding with the rest of the internship class. There were many educational and networking workshops that helped us gain connections throughout the firm. The firm culture was great as everyone was willing to speak to me about their background and position as well as answer any questions I had or provide feedback.”
- “Loomis has a great firm culture, and I worked 35 hours a week. We worked [one] day remotely so that added to the quality of life since I had an hour commute each in-person day.”
- “I am very satisfied with my quality of life during the internship. The culture and overall work environment are very welcoming and friendly. All interns were expected to work 35 hours per week (8:45 am - 4:45 pm Mon - Fri). Very strong work/life balance. All projects and work were completed during the internship hours.”
Getting Hired Here
- “I did two interviews, one with members of the team I would be working with and one with the directors of the internship program. They were not overly difficult and were more conversational in nature. My team was looking for specific characteristics in a candidate, and the program was fairly selective this year.”
- “Interview process was a three-step process. Initial written application was required, then moved to first and second-round interviews. I enjoyed my interactions with the interviewers. The process is competitive.”
- “The hiring process of my internship was mostly smooth; there were some long gaps between the application and the interviews. However, the interviewers were very kind and were interested in hearing about my background and answers related to why finance and why Loomis. The interviews were mostly behavioral, but it was important to have a distinct interest in investing or research.”
- “There were two interviews. The first was with who would become my supervisor and the second was with who would be the internship leader. Both of the interviews were fair, and I never felt unprepared.”