CareerDC
The financial industry consists of bodies that provide financial services and products to its customers. Such bodies include banks, investment funds, insurance companies and real estate.
JOB TYPE
Internships
LOCATION
Canberra and 5 other locations
Readygrad
Calling all students and graduates: Readygrad’s Finance Generalist Professional Internship Program is open for applicants!
JOB TYPE
Internships
LOCATION
Sydney and 2 other locations
GradConnection
Created in collaboration with InsideSherpa and Development Beyond Learning, this program is designed to arm you specifically with the work-readiness skills that will help you to navigate these challenging times, and empower you to thrive as you seek and secure placements, internships and graduate ro
JOB TYPE
Internships
LOCATION
Canberra and 5 other locations
Premium Graduate Placements
We have placements open now and are immediately looking for eligible graduates and students to commence internships.
JOB TYPE
Internships
LOCATION
Sydney and 4 other locations
Citi
Citibank is committed to giving you every opportunity to learn and develop. As a part of that we have designed this Virtual Internship to help you build the skills and confidence to pursue a career with us!
JOB TYPE
Internships
LOCATION
Regional ACT and 12 other locations
Citi
Join Citi Hong Kong (APAC) Markets Summer Analyst Program - 2022
JOB TYPE
Internships
LOCATION
Hong Kong
POSITION START DATE
Jun 2022 (approx)
accepts international
Yes
KordaMentha
We are currently seeking applications for people with a different mindset to join our Restructuring teams for our 2022/2023 vacationer intake.
JOB TYPE
Internships
LOCATION
Sydney and 4 other locations
NSW Government
The new economics module in our virtual internship program will allow you to develop real skills, and gain insights into the life of an economist in NSW Government.
JOB TYPE
Internships
LOCATION
Australia
NSW Government
The NSW Government Virtual Internship Program allows students to gain insight into the experience of working as a graduate in NSW Government.
JOB TYPE
Internships
LOCATION
Canberra and 5 other locations
Sellcrowd
Our internships offer extensive training, real on-the-job sales experiences and a chance to learn the true art and the science of the modern sales profession.
JOB TYPE
Internships
LOCATION
Canberra and 7 other locations
Sellcrowd
Internship opportunity exists with a small, fast growing e-learning SAAS company based in Sydney with a bright future!
JOB TYPE
Internships
LOCATION
Regional New South Wales and 3 other locations
Project Everest Ventures
Secure practical skills whilst tackling the UN’s Sustainable Development goals with an industry partner...without even leaving your home.
JOB TYPE
Internships
LOCATION
Canberra and 6 other locations
Project Everest Ventures
Apply social entrepreneurship in collaboration with cutting-edge tech companies, to create positive impact in rural communities across Australia.
JOB TYPE
Internships
LOCATION
Canberra and 7 other locations
KPMG
KPMG Tax Virtual Experience program is now live!
JOB TYPE
Internships
LOCATION
Canberra and 7 other locations
Deloitte
Interested in a career within the STEM space? Looking to develop your skills with real business problems? Now’s your chance with our Deloitte STEM Connect Virtual Experience!
JOB TYPE
Internships
LOCATION
Canberra and 15 other locations
accepts international
Yes
EY
Experience the working world during your summer or winter university holiday by joining our Indigenous Intern Program.
JOB TYPE
Internships
LOCATION
Canberra and 5 other locations
Chevron Australia
While applications for our 2021/22 Vacation Program are now closed, you can sign up now to be notified about our 2022/23 Vacation Program.
JOB TYPE
Internships
LOCATION
Perth
VACANCIES
50
POSITION START DATE
Nov 2022 (approx)
Amazon
As an intern, you will help us track and manage our relationships with our internal and external stakeholders.
JOB TYPE
Internships
LOCATION
Adelaide
Amazon
At Amazon, we are looking for a Finance Intern to work alongside, and support managers gaining a deep insight into the financial systems, processes, and controls used to record Amazon’s growing volume of daily, weekly, and monthly transactions.
JOB TYPE
Internships
LOCATION
Sydney
Banking and Finance Internships and Vacation Programs
The lucrative banking and finance industry has an incredibly competitive jobs market, meaning that undergraduate experience is important for students ambitious for a career in this industry. Internships (at a small to medium financial institution, like an investment bank or a wealth management company) are in demand amongst undergraduates, as are summer vacation programs with top banks and financial institutions.
Vacation Programs
A vacation program is a particularly structured and challenging type of internship offered to penultimate and final-year students. They are hotly contested among undergraduates because vacation interns are usually funnelled into graduate positions if they perform well, removing the stress of having to compete against all the graduates the following year and securing a well-paying, fulfilling job with a developed program for professional development. In addition to being an ideal stepping stone to securing a spot in a graduate program, vacation placements offer the intern a much more satisfying and experience-rich work experience than a regular internship. Vacation work often involves the student working within one of the firm’s teams, contributing in a real way to the firm’s operations and “throwing them in the deep end” in a supportive but challenging learning environment. They tend to run for a number of weeks (usually around 12, although Deloitte offers 3-8 weeks) during the summer (or occasionally during the winter) holiday period.
Some of the most highly ranked companies in Australia for vacation programs operate in the finance and banking industry. These include Citigroup (ranked 6th in Australia according to the AAGE 2014), Deloitte (ranked 7th), Suncorp (ranked 21st), EY, PwC, the Reserve Bank and Westpac. As can be seen from the list, these financial institutions perform various functions – from merchant, commercial and investment banking to financial advisory and insurance, among others. Vacationers will typically choose a specialised vacation program within the organisation, since the companies are too large to offer an intern experience across all departments. For example, Citigroup offers vacation programs in investment banking and capial markets; investment research and analysis; transaction services and technology. In contrast, Deloitte offers programs in corporate finance, advisory, analytics and access economics (among others).
Vacation programs are recruitment programs for the financial institutions. As such, they try to give the student a chance to prove themselves a worthy part of the company, and to give them a taste of what the graduate program will be like, should they choose to work for the company after graduation. While the programs involve a lot of work and sometimes long hours, they also provide training, mentoring, networking and social events – and are all extremely valuable.
For more information on the differences between internships and vacation programs, and for tips on how to successfully apply to these programs, check out our general internships and vacation programs guide.
More information about graduate programs in banking and finance can be found here.
