Introduction
This course, Internship for MSc in Quantitative Finance (18 ECTS), is part of the +1 Model for Msc in Quantitative Finance.
The internship is an opportunity to work at a company during your studies, gain professional experience, and develop further and apply the knowledge, methods and skills acquired during the programme, related to a specific topic. This is particularly important for a programme like quantitative finance, an area in which companies have developed state-of-the-art technology and analytical tools for many relevant finance problems. The internship will give you valuable insights into real-world challenges and should help you in applying your academic background toward increasing organizational effectiveness and growth.
Course content
Students will work in groups from 1-2 either 100% for 12 weeks or 80% for 15 weeks (450-500 hours) in a selected company and the quantitative finance-related tasks are assigned by the company.
The internship position should:
- provide the students with real-world challenges in the area of quantitative finance and help them to put academic learning into practice and perspective
- expose the students to practices and problems in quantitative finance as well as how decisions are made
- give the students the opportunity for hands-on application of theoretical and technical knowledge to specific tasks and problems.
- give room for independent work, with supervision/mentoring available from the company
- give the students the opportunity to work on a couple of bigger projects, ideally one big project, rather than on a series of smaller tasks/projects.
The internship should be approved prior to the student registering for the course.
The company should be in business for at least 3 years, have 5 or more employees, and a turnover of NOK 5 million or more. Students must attend work as agreed upon with the company they are assigned to. Students are obliged to attend a compulsory CV/application/interview workshop before finding their internship. Each student is entitled to a maximum of 3 hours of supervision. Part of the supervision is a mandatory follow-up meeting with the academic supervisor (and other internship students) half-way through the semester.
As part of this course, it is compulsory to participate in an employability course.
The internship may be paid or unpaid.