Position: Term-time Analyst - Spring 2026

Are you excited by the prospect of meeting best-in-class investment managers, venture capitalists, and hedge fund managers? Are you intellectually curious, analytical, personable, and eager to work for a meaningful cause? If so, this is a position unlike any other in finance.

Yale Investments is widely regarded as one of the top institutional investors in the world, achieving market-leading returns over the past 30 years. Term-time Analysts work closely with the full-time investment professionals who run the University’s $44 billion endowment. Unlike narrowly defined internships on Wall Street, this experience offers the unique opportunity to learn about a wide variety of asset classes and investment strategies. Term-time Analysts work on analytical projects across asset classes and take part in Yale’s engagements with potential investment managers. In addition to offering full-time positions for successful interns, we have helped facilitate opportunities to work for Yale’s world-class investment partners. Past interns have gone on to internships and full-time positions with Yale’s hedge fund, venture capital, real estate, and natural resources managers.

In the past, interns have worked on various projects, including:

1. Facilitating the screening, selection, and monitoring of investment managers through background research, manager meetings, and portfolio analysis
2. Assessing the Asian venture capital and biotech landscape for potential opportunities
3. Exploring the viability of investments in emerging markets such as South America
4. Analyzing the performance of Yale’s venture capital investments after going public
5. Evaluating the economic and environmental merits of peat bogs as a potential investment

The internship consists of project work with our private- and public-market asset class groups, roughly ~10 hours per week. Successful interns have been offered full-time positions upon graduation and/or the opportunity to continue interning at the office during the following school year(s).

We are looking for interns with excellent analytical abilities and writing skills as well as a sense of humor. All majors are encouraged to apply. Applications are due by 11:59 PM ET on January 2nd, 2026. Interviews will take place over Zoom and in person at the Yale Investments office in January. The internship will start in late January / early February. 

For your application, please include the following:

• Answer only one application question (in 250 words or less). Note there are two questions for applicants to choose from. 
• Resume and Transcript: Upload your most recent academic transcript (unofficial is acceptable) and your resume as a single document using the "Resume/CV" field below. You can use Adobe's website to combine pdf files.

We encourage all potential candidates to visit the Yale Investments website.

Yale does not discriminate in admissions, educational programs, or employment against any individual on account of that individual’s sex, race, color, religion, age, disability, status as a protected veteran, or national or ethnic origin; nor does Yale discriminate on the basis of sexual orientation or gender identity or expression.

University policy is committed to affirmative action under law in employment of women, minority group members, individuals with disabilities, and protected veterans.