The Gutenberg Financial Modeling Virtual Intern Program
Join us in Disrupting the Traditional Wall Street Internship Experience
What is Gutenberg Research?
Gutenberg Research provides earnings models for publicly traded companies to our users. Our Financial Modeling Intern Program is a part-time, virtual internship, which simulates the experience one would receive working as a sell-side Research Associate at an investment bank. We teach our interns how to use models to estimate a company's future earnings, and publish their work to showcase their modeling skills to future employers.
Gutenberg Research provides earnings models for publicly traded companies to our users. Our Financial Modeling Intern Program is a part-time, virtual internship, which simulates the experience one would receive working as a sell-side Research Associate at an investment bank. We teach our interns how to use models to estimate a company's future earnings, and publish their work to showcase their modeling skills to future employers.
How does the intern program work?
If you accepted into our program, you will be given access to our free intern training, which teaches the basics of modeling and shows you exactly how to use an earnings model. You will also be invited to attend a live training session over Google Hangouts. Training dates are scheduled to align with earnings seasons. During these training sessions we use a real world modeling example, and take questions from the interns.
We will also provide a textbook (delivered as a PDF file). This curriculum will give you the basic foundation required for the program. After you have read the curriculum, you will take an exam to demonstrate your understanding of the modeling approach.
Next, you will input your own forecast into an existing model. All students within an earnings season cohort will work on the same subject company. After you have created your forecast in the model, you will upload your model with a summary of your forecast, or an article about the company, and we will publish it for our community members to download. After you complete the program, you may contribute a model for any company you wish as a Community Contributor.
If you accepted into our program, you will be given access to our free intern training, which teaches the basics of modeling and shows you exactly how to use an earnings model. You will also be invited to attend a live training session over Google Hangouts. Training dates are scheduled to align with earnings seasons. During these training sessions we use a real world modeling example, and take questions from the interns.
We will also provide a textbook (delivered as a PDF file). This curriculum will give you the basic foundation required for the program. After you have read the curriculum, you will take an exam to demonstrate your understanding of the modeling approach.
Next, you will input your own forecast into an existing model. All students within an earnings season cohort will work on the same subject company. After you have created your forecast in the model, you will upload your model with a summary of your forecast, or an article about the company, and we will publish it for our community members to download. After you complete the program, you may contribute a model for any company you wish as a Community Contributor.
Who can apply?
We have found that the most successful interns in our program are graduate students, or undergrads who have already completed the fundamental finance and accounting courses; however, we allow any student who is interested in a career in investment analysis to apply. The program will be limited to 15 participants per round. Not every student who applies will able to participate. In the past we have had relatively low completion rates of the students who have applied to the program. To improve the rate going forward, we are assigning priority to students who have the highest probability of successfully completing the program.
This assessment is based on the following criteria:
We have found that the most successful interns in our program are graduate students, or undergrads who have already completed the fundamental finance and accounting courses; however, we allow any student who is interested in a career in investment analysis to apply. The program will be limited to 15 participants per round. Not every student who applies will able to participate. In the past we have had relatively low completion rates of the students who have applied to the program. To improve the rate going forward, we are assigning priority to students who have the highest probability of successfully completing the program.
This assessment is based on the following criteria:
- Professor recommendations.
- Prior financial modeling experience.
- Prior completion of fundamental accounting courses (The classes typically taken by undergraduate business majors within their first two years of study, i.e. Financial Accounting & Reporting, Financial Statement Analysis).
- Prior completion of fundamental finance courses (The classes typically taken by undergraduate business majors within their first two years of study, i.e. Corporate Finance, Investments).
- High Grade Point Average (GPA).
What’s in it for me? What’s in it for you?
We see our Intern Program as mutually beneficial. This is a unpaid internship, however, you will get free training, modeling experience for your resume, and a platform to display your abilities to future employers. We benefit by expanding our earnings modeling community...it's a win-win!
We see our Intern Program as mutually beneficial. This is a unpaid internship, however, you will get free training, modeling experience for your resume, and a platform to display your abilities to future employers. We benefit by expanding our earnings modeling community...it's a win-win!
Still Unsure About Our Program?
Reach out to one of our Gutenberg Ambassadors. Ambassadors are Gutenberg Intern Alumni who excelled at constructing their earnings model, and can provide insight about their experience in the program.
Reach out to one of our Gutenberg Ambassadors. Ambassadors are Gutenberg Intern Alumni who excelled at constructing their earnings model, and can provide insight about their experience in the program.
What Past Interns Have to Say...
"The program is extremely useful for those of all skill levels looking to learn more about financial modeling and forecasting. John structures the program to be accommodating to his interns, his material is concise and easy to understand for first time learners, and he is eager to answer any questions you may have regarding your work or his learning guides."
- Michael Pesenti, Rutgers University
- Michael Pesenti, Rutgers University
"John was very helpful and responsive throughout the internship which made modeling easy and interesting."
- Raag Shah, University of Texas
- Raag Shah, University of Texas
"The Gutenberg Internship Experience allowed me to learn a lot about the fundamentals of financial modeling and equity research. It allowed me to learn about the fundamentals of earnings forecasting and how each segment of a business will affect a company through extensive research. Overall, would recommend the program to anyone interested"
- Jake Zeidman,Syracuse University
- Jake Zeidman,Syracuse University
“I learned a lot about financial modeling, and I look forward to using these skills in the workplace.”
- Ahmad Yousef, Stony Brook University
- Ahmad Yousef, Stony Brook University
"Gutenberg's Financial Modeling Internship is a great opportunity for both new and experienced students with an interest in finance. It allows you to do granular work, and to develop a strong understanding of investments from a modeling perspective."
- Nick Sunderland, Stevens Institute of Technology
- Nick Sunderland, Stevens Institute of Technology
"I gained a lot of modeling experience in a collaborative, low pressure environment."
- Josh Egan, Cornell University
- Josh Egan, Cornell University
"This program gave me a great opportunity to learn financial modeling outside of the traditional Wall Street internship."
- John Groshek, Duquesne University
- John Groshek, Duquesne University
"I really enjoyed the program and I found it extremely valuable while being the perfect level of challenging. I would recommend the program."
- Greyson Sklba, Syracuse University
- Greyson Sklba, Syracuse University
Meet the Intern Instructor - John Moschella, CFA, CPA
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Welcome new interns! I will be your financial modeling instructor. I have changed the program a bit to incorporate feedback from the first round of Gutenberg interns: Rather than having new interns build a model from scratch, our program now focuses on using existing models and teaching our students how to use the model to incorporate their own assumptions, project future earnings, and calculate a target share valuation. I am happy to report that we have received very positive feedback from our first round of successful interns, who generally found the virtual internship to be helpful in developing modeling experience. Looking forward to working with you during the next earnings season!
John.Moschella@GutenbergResearch.com
linkedin.com/in/john-moschella |
About Gutenberg Research
We are an interactive earnings modeling community, driving the evolution of equity research. Our mission is to make dynamic earnings models, available to everyone. We are currently building an inventory of models covering companies...continue reading