Fidelity Investments Internship: Everything You Need to Know

 Admin Admin       May 08, 2023

If you're a college student or a recent graduate looking to gain some valuable experience in the financial services industry, you may be considering an internship at Fidelity Investments. Fidelity Investments is one of the largest financial services firms in the world, with over $10 trillion in assets under management. In this blog post, we'll provide you with all the information you need to know about the Fidelity Investments internship program, including whether or not Fidelity pays their interns, the stipend for the summer internship, the length of the interview process, and more.

Does Fidelity Pay Their Interns?

Yes, Fidelity Investments pays their interns. In fact, Fidelity is known for offering competitive compensation packages to their interns. According to data from Glassdoor, Fidelity interns make an average hourly wage of $24. This is well above the national average for intern salaries, which is around $15 per hour.

What is the Stipend for Fidelity Summer Internship?

The stipend for the Fidelity Investments summer internship varies depending on a number of factors, including the position and location of the internship. However, according to data from Glassdoor, Fidelity summer interns can expect to make an average monthly salary of around $5,500. This is based on reviews from former interns, so it's important to note that actual salaries may vary.

Fidelity Investments Internship Questions

If you're considering applying for an internship at Fidelity Investments, you may be wondering what the interview process is like. According to Glassdoor, the interview process at Fidelity can take anywhere from a few weeks to a few months, depending on the position. The process typically involves an initial phone interview with a recruiter, followed by one or more in-person interviews with hiring managers and other members of the team. Some positions may also require candidates to complete a skills assessment or other tests as part of the interview process.

What is Fidelity's Top Salary?

Fidelity Investments is known for offering competitive salaries to their employees, including top performers. However, the specific salary range for any given position will depend on a number of factors, including the employee's experience, education, and performance. According to data from Glassdoor, the average salary for a software engineer at Fidelity is around $110,000 per year, while the average salary for a financial advisor is around $56,000 per year.

How Much is Fidelity Bank Salary?

Fidelity Bank is a separate entity from Fidelity Investments, and as such, the salaries for employees at Fidelity Bank may be different from those at Fidelity Investments. However, according to data from Glassdoor, the average salary for a teller at Fidelity Bank is around $12 per hour, while the average salary for a branch manager is around $60,000 per year.

What is the Salary of a Quantitative Research Analyst in Fidelity?

Quantitative research analysts are responsible for developing and implementing complex mathematical models to analyze financial data and make investment decisions. These analysts typically have a background in mathematics, statistics, or computer science, and are highly sought after by financial services firms like Fidelity Investments.

According to data from Glassdoor, the average salary for a quantitative research analyst at Fidelity Investments is around $116,000 per year. However, this is based on a small sample size of just a few reviews, so actual salaries may vary.

Fidelity Investments Summer Internship

The Fidelity Investments summer internship program is a highly competitive program that offers college students and recent graduates the opportunity to gain valuable experience in the financial services industry. The program typically lasts around 10-12 weeks, and interns are assigned to a specific business area based on their interests and qualifications.

During the Fidelity Investments summer internship program, interns will have the opportunity to work on real projects and assignments that are directly related to the business area they are assigned to. Interns will work alongside experienced professionals and will have the opportunity to learn from their mentors and colleagues.

In addition to their day-to-day work, interns will also have access to a variety of training and development opportunities, including workshops, seminars, and networking events. These opportunities are designed to help interns develop new skills and build their professional network.

At the end of the internship, interns will have the opportunity to present their work to senior leaders at Fidelity Investments. This provides interns with valuable exposure and allows them to showcase their skills and accomplishments.

Overall, the Fidelity Investments summer internship program is a great opportunity for college students and recent graduates to gain practical experience in the financial services industry and to develop their professional skills. The program is highly competitive, so candidates should be prepared to put in the time and effort required to stand out and secure a position. 

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