Undergraduate Summer Internship Development Program

Our mission is to offer broad access and exposure to a career path in financial services by creating a candidate pool of first-generation college students and/or those underrepresented in the investment management industry.

About the Program.

For 10 weeks, approximately 20 interns gain direct experience in a professional setting in a variety of departments throughout the company, including investment and non-investment teams. Interns receive industry-specific professional peer development aimed at providing knowledge and tools to advance in a corporate environment.

Summer 2025 Program dates: 2 June – 8 August 2025.

Applications are now closed for Summer 2025.

Prerequisites.

The Undergraduate Summer Internship Development Program (USID) is a first-generation college program seeking a diverse range of students who are currently underrepresented in the investment industry. This program seeks undergraduates that are passionate to learn more about the investment management industry and have the following prerequisites:

GPA of 3.0 or above
Rising sophomores, juniors and seniors
First-generation college students
Underrepresented in the investment industry

What You’ll Gain From This Program.

Direct Experience

Students get direct experience by spending 10 weeks learning meaningful, practical and project-based work in a professional setting.

Ongoing Development

Students receive industry-specific and personal development aimed to give knowledge and tools to advance in a corporate environment.

Mentorship

Students are matched with an employee to support connecting experience and development to a potential career by sharing knowledge, experience, and career advice.

Don’t let it be a barrier that you are underrepresented in finance or that you do not have that experience, because this program is really built to help you at every step of the way and to give you that foundation to move on to further opportunities in the finance sector.

Amanda Hulver USID Intern, Massachusetts Institute of Technology

Undergraduate Summer Internship Development Program (USID) Video

Vault 2024 Internship Rankings

The Loomis Sayles Undergraduate Summer Internship Development Program has been recognized by Vault as one of the best internships for 2024 – ranking #15 in the financial services industry and #44 overall in the training and mentoring category.