Program Analyst Internships
Program analyst internships give university students, recent graduates, and early-career switchers hands-on project experience, mentorship from working program analysts, and, at many employers, a path toward a full-time offer. Openings are concentrated across Fintech, Banking & Financial Services, and Investment & Asset Management, with American Express, GEICO, and Barclays among the employers posting roles now.
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Company:
MarshDescription:
Marsh is seeking motivated students to join our Summer 2027 Investment Analyst Internship in Boston.
As a summer intern, you’ll participate in the Investment Analyst Academy, our structured early-career development experience designed to introduce students to investment consulting and prepare them for future opportunities as Investment Analysts.
Over 10 weeks, you’ll combine structured learning with live training, investment simulations, case studies, shadowing, mentorship, and networking with investment professionals across the firm.
What You’ll Experience
During the internship, you will:
- Participate in live training on investment markets, portfolio construction, manager research, performance and risk, and investment consulting
- Complete investment simulations and case studies designed to develop analytical and problem-solving skills
- Shadow investment professionals and learn how our teams support institutional clients
- Gain exposure to Investment Advisory and OCIO Consulting across various segments including Defined Contribution, Defined Benefit, Insurance, Health Care, and Endowments & Foundations
- Learn directly from investment professionals and subject-matter experts
- Develop analytical, communication, and presentation skills
- Receive ongoing coaching, mentorship, and feedback
- Build relationships with fellow interns, analysts, and colleagues across the firm
The internship emphasizes learning and development. Interns will primarily participate in training, simulations, case studies, and shadowing.
Who We’re Looking For
We’re looking for students who demonstrate:
- Strong analytical and quantitative skills
- Intellectual curiosity and an interest in investments and financial markets
- Strong written and verbal communication skills
- The ability to analyze information, identify key insights, and communicate them clearly
- Attention to detail and sound judgment
- A collaborative mindset and ability to work effectively with others
- Initiative, adaptability, and a willingness to learn
Previous investment-industry experience is not required. We welcome candidates from a variety of academic backgrounds who are interested in investments, markets, and solving complex problems.
Qualifications
- Currently pursuing a bachelor’s degree, Master of Finance (MFin), or other relevant business related degree
- Expected graduation date of Fall 2027 or Spring 2028
- Strong academic record
- Available to work in Boston for the full 10-week program (June 7th – August 13th 2027)
- Permanent, ongoing U.S. work authorization without the need for sponsorship now or in the future.
Compensation
Interns will earn $27 per hour and receive a housing bonus to help offset housing and commute expenses associated with participating in the Boston-based program.
Additional information regarding the housing bonus will be provided during the selection process.
Future Full-Time Opportunities
The Summer Investment Analyst Internship is designed to help build our future Investment Analyst talent pipeline.
Strong-performing interns may be considered for future full-time Investment Analyst opportunities in 2028 based on individual performance and business needs.
Because future full-time opportunities may be available across multiple U.S. offices, applicants will be asked to rank their top three preferred U.S. office locations for a future full-time role.
Location preferences will be considered alongside business and staffing needs and do not guarantee placement in a particular office.
WHAT’S NEXT?
Candidates must apply by submitting an application on our website. Selected candidates will be invited to complete a first round digital interview via the Phenom video interview platform. Video interview submissions are due no later than December 31st 2026 . You will be contacted if you are selected to participate in final round interviews on target to take place in January. Final round interviews will be focused on analytical thinking, communication, collaboration, learning agility, and interest in investment consulting.
We encourage students to apply even if they have not previously worked in investments. We are looking for candidates with the curiosity, foundational skills, and potential to develop into successful investment professionals.
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X. Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
Program Analyst Internship Market
Who's Hiring



Top Industries Hiring
- Fintech
- Banking & Financial Services
- Investment & Asset Management
Tips for Your Program Analyst Internship Search
Apply in the fall for summer program analyst internships
Large employers, federal agencies, consulting firms, and major contractors, open summer cohort applications as early as September. Waiting until spring means the structured programs are already closed. Set a calendar reminder at the start of the academic year and treat fall as your primary application season.
Build a project portfolio before you apply
Program analyst intern screens have no work history to assess, so recruiters look for documented project work instead. Put together two or three complete examples, a process analysis, a data dashboard, or a policy research brief, and make them accessible online. The artifact is your substitute for experience.
Work your campus network alongside direct applications
Campus career fairs surface structured internship programs tied to your university, and career center staff often know which employers recruit from your school before roles post publicly. Apply directly to companies running smaller cohorts at the same time, combining both channels widens the pool you reach and improves your odds of landing an interview.
Practice your program analyst intern interview out loud
Program analyst intern screens typically involve a structured case conversation, walking through a problem, framing an approach, and defending your reasoning. Practice out loud before you apply, not after. Interviewers weigh how you think through ambiguous situations as much as the final answer, so articulating your logic clearly is the skill to develop.
Target structured rotational programs built for new analysts
Many large employers, federal agencies, consulting firms, and defense contractors, run cohort or rotational internship programs designed to train people with no prior program analyst experience. These programs recruit early and fill fast. Identify the ones that fit your background and apply in the first wave of their cycle.
Set your work-type filter before you start searching
On-site roles are 27% of the program analyst internships listed here. Decide what you can realistically commit to before you start sorting through listings, location, commute, and housing all affect whether an on-site role is viable. Filter by work type first so you are only reviewing roles you can actually take.
Program Analyst Internships: Frequently Asked Questions
How do I get a program analyst internship?
Lead with coursework and personal projects rather than work history, hiring teams expect limited experience at the intern level. A portfolio of documented analyses, process improvement write-ups, or data dashboards gives recruiters something concrete to assess. Combine direct applications with campus career fairs, where recruiters often move faster for students they meet in person.
Can a program analyst internship turn into a full-time job?
Many employers extend return offers to strong interns, but conversion is never guaranteed. What actually drives it for program analyst interns is consistent performance on real deliverables, available headcount on the team, and knowing when return-offer decisions happen so you can ask about the timeline early. Position for one without counting on it.
When should I apply for program analyst internships?
Earlier than most expect. Large employers, federal agencies, defense contractors, and major consulting firms, recruit summer interns the preceding fall, sometimes as early as September or October. Smaller companies and co-op programs post closer to start dates, so openings appear year-round and it pays to check regularly rather than waiting for a single hiring season.
Are program analyst internships paid?
Most professional program analyst internships in the U.S. are paid. Compensation varies by company size, industry, and location, a federal government internship pays on a different scale than a large consulting firm or a startup. Where an employer discloses pay, the listing will show it so you can factor it into your decisions.
What should a program analyst internship resume include?
Lead with projects, not work history. Include two or three complete, documented projects that name the tools used and link to the work where possible, published analyses, process flowcharts, data models, or case study write-ups are the role-specific proof program analyst recruiters look for. Add relevant coursework, keep it to one page, and place contact information at the top.
Are there remote program analyst internships?
Yes. Remote and hybrid roles make up 73% of the program analyst internship listings here, with the rest on-site. Remote cohorts fill fast because they draw applicants from outside a single metro area, so apply early once you decide remote works for you, and filter by work type to see only those listings.
What is a Presidential Management Fellows (PMF) internship for program analysts?
The Presidential Management Fellows program is a well-known structured federal pathway that places recent graduate-degree recipients in two-year rotational analyst roles across government agencies. It targets people new to federal service, recruits on a competitive annual cycle, and opens applications in the fall. If federal program analyst work interests you, identify the cycle dates early and apply in the first wave.
Can international students get program analyst internships?
Yes. F-1 students can intern through CPT while enrolled or through OPT work authorization after finishing a degree, and the employer does not have to file anything for either, so many companies are open to international interns. Confirm your eligibility and timing with your university's international student office before accepting an offer.
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