Summer Internship Program (Jun 2024)

About Blackrock

BlackRock is trusted to manage more money than any other investment manager in the world, helping millions of people and the world’s biggest institutions and governments reach their investing goals. They challenge businesses to reach higher standards by leading with purpose and promoting policies and practices that support long-term value creation.

Your role

Job description

The Summer Internship Program is a nine-week internship taking place June through August.

This program is designed to provide students with a challenging, meaningful, and supportive internship experience that replicates, as closely as possible, the experience of being a full-time BlackRock Analyst. The program begins with an orientation that offers a thorough overview of the firm and the opportunity to hear from several senior leaders.

Following orientation, interns receive on-the-job training and are given day-to-day responsibilities to contribute to their teams throughout the summer. Programming also features a speaker series, mentoring, and various networking opportunities, including activities with our employee networks.

Training & development

BlackRock's Summer Internship Program spans 9 weeks from June to August, offering a supportive and engaging experience mirroring the life of an Analyst. Tailored events, including discussions and talks by senior leaders, provide interns with industry insights and networking opportunities. Mentors are available to support interns throughout their journey and beyond.

Salary & benefits

For California state and New York City only:

The salary ranges for these positions are below. Please note, that salary rates for a role are determined by the department or team within a Business Area, as well as the location of the role.

Business Areas - Salary Range (hourly rate)       

• Client & Product Functions: $38.46 - $55.25
• Corporate & Strategic Functions: $38.46 - $48.07
• Investment: $38.46 - $56.49
• Operations: $36.05 - $56.49
• Technology: $43.26 - $56.49

For Washington state only:

The salary ranges for these positions are below. Please note, that salary rates for a role are determined by the department or team within a Business Area, as well as the location of the role.

Business Areas - Salary Range (hourly rate)       

• Client & Product Functions: $36.05 - $48.07
• Corporate & Strategic Functions: $36.05 - $45.67
• Investment: $36.05 - $54.08
• Operations: $33.65 - $54.08
• Technology: $38.46 - $54.08

The rewards and benefits offerings are customized for each location. Specific packages vary by location. If you join as a full-time employee, you'll have access to the following benefits:

• Employee Assistance Program – free, confidential counseling
• Retirement savings
• Student loans and college savings
• Commuter savings
• Tuition assistance
• Financial counseling and education
• Life, accident, and travel insurance
• Investing with BlackRock
• Employee Stock Purchase Plan
• Medical plans
• Dental and vision plans
• Health savings and spending accounts
• Telemedicine
• Flexible Time Off
• Sick and bereavement leave
• Parental leave for birth or adoption
• Child, special needs, and elder care support
• Adoption support
• Fertility benefit program
• Nursing mothers program

Career progression

At BlackRock, career development is a cultural cornerstone, offering robust support for progression in diverse paths such as research, trading, or portfolio management, nurturing professional advancement.

Work-life balance

BlackRock is revolutionizing work-life balance with its Flexible Time Off (FTO) policy, allowing employees unlimited paid time off while emphasizing work obligations. This move, not typical for finance, reflects BlackRock's commitment to attracting top tech talent and fostering employee engagement through flexibility and understanding of personal needs.

Culture & vibe

The global networks at BlackRock serve as vibrant communities shaped by shared experiences, intersectionality, and allyship, embodying the firm's inclusive culture. Sponsored by senior leaders, these employee-driven networks empower individuals to contribute to and shape our inclusive environment.

About you

• Undergraduate or master’s students graduating between August 2025 and July 2026.

How to apply

Important:

Candidates can apply for only one program (e.g., Summer Internship Program or Quantitative Master’s Internship Program) and up to two functions within that program (e.g., Investment Research and Analytics & Modeling). You must apply for both opportunities using the same program application.

If you withdraw your application, you cannot submit another application for this program this year.

Next steps:

Once you submit your application, you will receive an email to complete a pre-interview assessment. You have up to five days to submit your pre-interview assessment; if you fail to do so, your application will be automatically withdrawn.

Sources

The following sources were used in researching this page.

• careers.blackrock.com/life-at-blackrock-2/who-we-are/
• careers.blackrock.com/life-at-blackrock-2/learning-and-development/
• careers.blackrock.com/life-at-blackrock-2/rewards-and-benefits/
• careers.blackrock.com/early-careers/Americas/
• careers.blackrock.com/2021/11/11/category1/how-blackrock-prioritizes-career-growth/
• youtube.com/@blackrock