Internships are the surest path to a full-time job.

Here's what you need to know.  

By Levels.fyi Team

2022

The next few semesters of college are going to be different. Like many other students, you can use this opportunity to find a great internship for Fall and Winter to get paid instead of going to school. We're here to help you find great programs to have a successful Fall, Winter, and Summer.

A successful internship can result in a return internship or full-time offer for upcoming graduates. At some companies, conversion rates exceed 70%. We've summarized the key insights you'll need to secure an internship and get a full-time offer below.

Timing

Begin applying to Summer internships by July of the previous year. At the latest, apply to your top choices by October. Many will have filled up their intern quota by December. You can always apply to open opportunities and startups later in the new year. Typically these are last minute positions or startups without formal programs.

For smaller companies without a formal program, try cold emailing an employee or recruiter with your resume and why you're passionate about the company. Even if nothing comes of it, the conversation may come in handy when looking for full-time opportunities. For more insights, join our community! (Early Access)

Prepare

Internship interviews are typically heavily focused on raw skills. Especially high paying FAANG+ (Facebook/Meta, Amazon, Apple, Netflix, Alphabet/Google) and financial companies. For software internships, this means coding ability.

Practice solving coding problems. Try using Leetcode, InterviewBit, HackerRank, Cracking the Coding Interview, etc. Side projects demonstrate raw skills and are a great way to make your resume stand out.

Although you may not always have a choice, communicate the components or systems you're most passionate about. Internship assignments can vary significantly across teams / companies and managers are often willing to give interns experimental, interesting projects. Although we list salaries, internships are for learning and generally salary should not be the deciding factor.

Succeed

Your mentor will have the most frequent contact with you. Managers typically rely on mentors to decide whether a return offer will be given. Chat regularly with your mentor and provide substantial project updates frequently (ex. once a day). Participate in team discussions and take interest in other projects your team is working on. Make it easy for your manager / mentor to vouch for you by delivering projects ahead of schedule and going above and beyond. At the end of your internship, you may be asked to present your project to the team. Ensure you're preparing for this presentation by gathering presentable material throughout your internship.

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Company
Location - Season / Year
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Monthly Salary
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Five Rings

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$143.75 / hr

$24,917 / mo

Apply

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Corporate housing, Sign-on bonus

Quantitative Researcher

Apply

D.E. Shaw

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$126.92 / hr

$22,000 / mo

Apply

Undergrad (Senior)

$10,000 Housing, company provided relocation, $20,000 sign-on bonus, $3,300 self study stipend, $4,000 technology stipend

Apply

Tower Research Capital

New York City, NY - Summer / 2024

$125 / hr

$21,724 / mo

Not Open

Quantitative Trader

Not Open

Citadel Securities

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$122.31 / hr

$21,200 / mo

Apply

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Undergrad (Junior)

$5,450 Housing, company provided transportation and relocation, $20,000 sign-on bonus

Quantitative Trader

Apply

Jane Street

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$120.19 / hr

$20,833 / mo

Apply

Undergrad (Junior)

Corporate housing, company provided transportation, $25,000 sign-on bonus, free breakfast and lunch.

Quantitative Trader

Apply

Citadel

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$120 / hr

$20,800 / mo

Not Open

Undergrad (Junior)

$5,909 / mo housing, $275.8 transportation, company provided relocation, $10,000 sign-on bonus

Quantitative Developer

Not Open

Hudson River Trading

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$120 / hr

$20,800 / mo

Apply

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Corporate housing, paid meals

Quantitative Researcher

Apply

Virtu Financial

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$110 / hr

$19,067 / mo

Apply

Undergrad (Junior)

$3,333 / mo housing, $15,000 sign-on bonus, GrubHub credits for lunch and dinner, free snacks & breakfast

Quant Trader

Apply

Schonfeld

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$105.77 / hr

$18,333 / mo

Apply

Quantitative Researcher

Apply

Two Sigma

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$95 / hr

$16,467 / mo

Apply

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Undergrad (Junior)

Corporte housing, $5,000 Relocation, $15,000 sign-on bonus

Apply

PDT Partners

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$81.73 / hr

$14,167 / mo

Not Open

Undergrad (Junior)

$6,800 Housing, $10,000 bonus split over multiple paychecks, unlimited metro card, roundtrip flights covered

Not Open

Verition Fund Managment

New York City, NY - Summer / 2024

$80 / hr

$13,867 / mo

Not Open

Undergrad (Senior)

Corporate housing, $3,000 sign-on

Not Open

Flow Traders

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$72.12 / hr

$12,501 / mo

Apply

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Undergrad (Junior)

Corporate housing, company provided relocation, $10,000 sign-on bonus

Quantitative Trader

Apply

Alchemy

New York City, NY - Summer / 2025

$67 / hr

$11,613 / mo

Apply

Apply

Ramp

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$65 / hr

$11,267 / mo

Apply

Undergrad (Junior)

$1,333 / mo housing

Apply

Blackstone

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$60.1 / hr

$10,417 / mo

Apply

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Undergrad (Junior)

Free Lunch and Dinner

Apply

Braze

New York City, NY - Summer / 2024

$60 / hr

$10,400 / mo

Not Open

Undergrad (Junior)

Not Open

MarketAxess

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$60 / hr

$10,400 / mo

Apply

Undergrad (Senior)

Quantitative Researcher

Apply

Radar

New York City, NY - Summer / 2024

$60 / hr

$10,400 / mo

Not Open

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Undergrad (Junior)

Company Provided Relocation

Not Open

BlackRock

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$59 / hr

$10,227 / mo

Apply

Undergrad (Junior)

Apply

Notion

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$59 / hr

$10,227 / mo

Apply

Apply

Arcesium

New York City, NY - Summer / 2025

$57.69 / hr

$10,000 / mo

Not Open

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Undergrad (Junior)

$8,000 Housing

Not Open

Uniswap Labs

New York City, NY - Summer / 2024

$57.69 / hr

$10,000 / mo

Not Open

Security

Not Open

Plaid

New York City, NY - Summer / 2025

$55.96 / hr

$9,700 / mo

Not Open

Undergrad (Junior)

$10,000 Relocation

Not Open

Goldman Sachs

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$55.29 / hr

$9,584 / mo

Apply

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Undergrad (Senior)

$750 Transportation, $5,000 relocation

Apply

Affirm

New York City, NY - Summer / 2024

$55 / hr

$9,533 / mo

Apply

$3,000 Relocation

Apply

CVS Health

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$55 / hr

$9,533 / mo

Apply

Masters

$3,000 / mo housing

Apply

DoorDash

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$55 / hr

$9,533 / mo

Apply

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Apply

SeatGeek

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$55 / hr

$9,533 / mo

Apply

Undergrad (Junior)

$6,000 Housing, company provided transportation and relocation, free lunch, $120 / mo to spend on tickets

Apply

SMBC

New York City, NY - Summer / 2024

$54.95 / hr

$9,525 / mo

Not Open

Undergrad (Junior)

$2,000 sign-on bonus

Not Open

American Express

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$54.4 / hr

$9,429 / mo

Apply

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Undergrad (Junior)

$5,000 Housing

Apply

Squarespace

New York City, NY - Summer / 2024

$54 / hr

$9,360 / mo

Not Open

Undergrad (Senior)

$1,800 / mo housing

Not Open

Morgan Stanley

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$52.89 / hr

$9,168 / mo

Apply

Undergrad (Junior)

$500 Transportation, $2,000 Relocation

Apply

Viam

New York City, NY - Summer / 2025

$52.88 / hr

$9,166 / mo

Apply

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Undergrad (Sophomore)

$7,500 Housing, $1,500 transportation

Apply

Flatiron Health

New York City, NY - Summer / 2024

$52.08 / hr

$9,028 / mo

Not Open

Undergrad (Junior)

$1,500 / mo housing, company provided transportation

Not Open

Pinecone

New York City, NY - Summer / 2024

$54 / hr

$9,013 / mo

Not Open

$4,500 Housing

Not Open

Balyasny Asset Management

New York City, NY - Fall / 2024

More Locations / Seasons More Data
$51.92 / hr

$9,000 / mo

Not Open

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Undergrad (Senior)

$10,000 Sign-on bonus

Not Open

Figma

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$51.06 / hr

$8,850 / mo

Apply

Undergrad (Senior)

$2,000 / mo housing, company provided relocation

Apply

Cockroach Labs

New York City, NY - Summer / 2024

$50.48 / hr

$8,750 / mo

Not Open

Not Open

Nomura

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$50.48 / hr

$8,750 / mo

Apply

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Masters

$1,000 / MO Housing

Apply

Bloomberg

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$50 / hr

$8,667 / mo

Not Open

Undergrad (Sophomore)

$9,400 Housing, $2,000 relocation

Not Open

Garda Capital Partners

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$50 / hr

$8,667 / mo

Not Open

$2,500 sign-on bonus

Not Open

Munich Re

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$50 / hr

$8,667 / mo

Not Open

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Undergrad (Junior)

$2,000 / mo housing

Not Open

Sigma Computing

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$50 / hr

$8,667 / mo

Not Open

Undergrad (Junior)

$5,000 Relocation, $20 / day in Uber Eats

Not Open

Deutsche Bank

New York,NY - Summer / 2025

More Locations / Seasons More Data
$48 / hr

$8,320 / mo

Apply

Undergrad (Junior)

Company Provided Relocation

Apply

Twitter

New York City, NY - Winter / 2025

More Locations / Seasons More Data
$48 / hr

$8,320 / mo

Not Open

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Undergrad (Junior)

$2,000 / mo housing, $600 transportation

Not Open

PayPal

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$46 / hr

$7,973 / mo

Not Open

Undergrad (Junior)

$8,000 lumpsum housing

Not Open

Circle

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$45 / hr

$7,800 / mo

Not Open

Undergrad (Junior)

Not Open

Mark43

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$45 / hr

$7,800 / mo

Not Open

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Undergrad (Senior)

Not Open

Spotify

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$45 / hr

$7,800 / mo

Not Open

Not Open

DV Trading

New York City, NY - Summer / 2025

More Locations / Seasons More Data
$42 / hr

$7,280 / mo

Apply

Apply

Deloitte

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$41 / hr

$7,107 / mo

Not Open

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Undergrad (Junior)

Not Open

Emerson Collective

New York City, NY - Summer / 2024

$40 / hr

$6,933 / mo

Not Open

Undergrad (Junior)

$7,000 Housing, $1,000 Transportation

Not Open

ICapital Network

New York City, NY - Summer / 2024

$40 / hr

$6,933 / mo

Not Open

Undergrad (Junior)

$1,000 / mo housing

Not Open

TD Securities

New York City, NY - Summer / 2024

$40 / hr

$6,933 / mo

Not Open

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Undergrad (Junior)

$5,000 sign-on bonus

Not Open

Arena Investors

New York City, NY - Summer / 2025

$38.46 / hr

$6,666 / mo

Not Open

Undergrad (Sophomore)

Not Open

Beacon Platform

New York City, NY - Summer / 2024

$37 / hr

$6,413 / mo

Not Open

Not Open

Dassault Systemes

New York City, NY - Summer / 2024

More Locations / Seasons More Data
$37 / hr

$6,413 / mo

Apply

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$3,500 sign-on bonus

Apply

L'Oreal

New York City, NY - Summer / 2024

$35 / hr

$6,067 / mo

Not Open

IT

Not Open

New York Life Insurance

New York City, NY - Summer / 2024

$35 / hr

$6,067 / mo

Apply

$2,000 lumpsum housing

Apply

Justworks

New York City, NY - Summer / 2024

$33.65 / hr

$5,833 / mo

Not Open

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Undergrad (Sophomore)

Not Open

Cohen & Co

New York City, NY - Summer / 2024

$33 / hr

$5,720 / mo

Not Open

Undergrad (Junior)

Not Open

Capstone Investment Advisors

New York City, NY - Summer / 2024

$32 / hr

$5,547 / mo

Not Open

Not Open

Intradiem

New York City, NY - Summer / 2024

$30 / hr

$5,200 / mo

Not Open

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Masters

Not Open

Con Edison

New York City, NY - Summer / 2024

$29.4 / hr

$5,096 / mo

Apply

Masters

Apply

Zurich

New York City, NY - Summer / 2024

$26.97 / hr

$4,675 / mo

Not Open

Hybrid

Not Open

Scholastic

New York City, NY - Summer / 2024

$26 / hr

$4,506 / mo

Not Open

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Not Open

National Grid

New York City, NY - Summer / 2024

$25 / hr

$4,333 / mo

Not Open

Undergrad (Junior)

Not Open

The Clearing House

New York City, NY - Summer / 2024

$24 / hr

$4,160 / mo

Not Open

Undergrad (Sophomore)

Not Open

1Fort

New York City, NY - Summer / 2024

$20 / hr

$3,467 / mo

Apply

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Undergrad (Senior)

Apply

Tapestry

New York City, NY - Summer / 2024

$20 / hr

$3,467 / mo

Not Open

Undergrad (Sophomore)

IT

Not Open

Partiful

New York City, NY - Summer / 2024

Hybrid

Product Engineer

Not Open

CertiK

New York City, NY - Summer / 2024

Not Open

BTIG

New York City, NY - Summer / 2024

Not Open

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