Stone Street Advisors LLC is seeking 2-3 undergraduate (exceptions made for graduate students on a case-by-case basis) interns interested in fundamental equity research (value-oriented, mostly bottom-up). This position is geared towards those interested in pursuing careers in investment research, investment banking, and asset management, to name a few. Ideal candidates will have coursework in accounting and finance as well as other business/law classes. Candidates do not need to have previous investment research experience however it would be nice. There are no university, GPA, test score, etc. limitations for intern positions. Candidates must be extremely self-directed as the role involves a large degree of autonomy and self-teaching. There will be a significant amount of education and instruction involved as well. Interns will largely work remotely with ~weekly in-person meetings and as-needed voice/video calls. Internships are part-time (approximately 20 hours/week +/-) and start in July and extend through the end of summer, with the option to be extended into the Fall. The position is unpaid.
Responsibilities include but are not limited to:
- Financial statement analysis
- Financial modeling and valuation
- Developing and performing stock screens
- Industry/company research
- Preparation of research reports and supporting material
- Data collection
- Ad-hoc assignments (no food/coffee trips, don’t worry)
Resume/cover letter not required although strongly encouraged. Be creative, don’t be afraid to use whatever material/approach you think appropriate to demonstrate your qualification for the position. If your initial application suggests you may be a good fit, you will be given approximately a week to identify an investment opportunity that you think will return 50%+ over the next 1-3 years and to provide analysis to support your conclusion. We are looking to gauge your base knowledge/experience, resourcefulness, and thought process rather than the particular outcome, although we are, naturally, looking for good ideas with solid analytical support as well.
If you want to learn, are teachable, and hungry, please apply here.