The Centre for International and Professional Experience (CIPE) at Yale-NUS offers internship opportunities for the most prominent and varied places: finance sector, non-governmental organisations (NGOs), public sector, consulting firms, etc. You can find details on all these opportunities here.
I had the opportunity to take up a market research internship in Buenos Aires, Argentina after my first year. It was my most memorable experience in college as I had never left Asia before this and I didn’t speak any Spanish when I landed in Argentina.
As an intern for the Global Equities team, I had the opportunity to study several stocks in several industries, including medical devices and semiconductors. The experience was very thrilling as I had to constantly keep up with market developments. A highlight of my internship was the opportunity to visit a rare earth refining facility owned by the biggest non-Chinese rare earth producer, right after China hinted at the possibility of weaponising rare earths in the trade war.
QNB is the largest financial institution in the Middle East and Africa. I supported a relationship manager on evaluating feasibility studies relating to project financing, credit evaluation of new requests and regular credit appraisals. A memorable moment for me was when I had the opportunity to go through studies on financing infrastructure developments around the country, as it was exciting to learn about the rationale behind the pricing of funded and non-funded facilities, and to learn about the ecosystem surrounding places that I had previously taken for granted.
Conjunct Consulting is a non-profit firm that provides consulting services to other non-profits. As an intern, I assisted the company in sourcing and scoping eleven consulting projects independently and handed over five of them to the consulting teams. I also facilitated a full-day workshop on volunteer management with over 100 participants, and represented Conjunct at the Social Service Summit exhibition organised by the Singapore National Council of Social Service (NCSS). Over my summer internship, I learned a lot about social service organisations in Singapore; and I am glad that my mentor entrusted me with the responsibility of communicating with clients and sourcing consulting projects.
Outside the classroom, I have been able to see the real-world applications of many economic concepts through internships and co-curricular activities. My most recent internship was at a multinational investment management and advisory firm, where I was given the opportunity to learn about fund management and market concepts.
I knew early on that I was interested in social impact, so most of my time at Yale-NUS has been used to understand more about that space and how I would be able to bring value to that space as an individual. I mainly work in strategy and business development, a journey that started in my first year with part- and full-time internships at the Singapore office of Ashoka, an NGO that pioneered the field of social entrepreneurship. I’ve also done several other internships in education companies based in Singapore and abroad, and these experiences have helped me tremendously in identifying gaps in my skill set, as well as redefining my goals for the future.
Fortman Cline Capital Markets is a boutique investment bank in the Philippines with a specialisation in M&A deals. During my time at Fortman Cline, I gained hands-on exposure to the creation of a pitchbook that detailed many different aspects of the deals that the team was working on. Given the lean team, I had the chance to take the lead on industry research and conducting due diligence with clients. I also had the opportunity to apply the skills I learned in college, such as using geospatial analysis to conduct market sizing research for a potential client.
As an intern with Deloitte’s M&A Strategy division, I assisted in producing the investment proposal for a multinational company in the commodities sector seeking to raise their Series A capital funding. I also worked on a thought leadership publication about agribusiness, which explored the relationship between mining practices and their impact on sustainable agriculture. In this role, I learnt about the motivations of mining executives and to the methods of incorporating more sustainable practices into the mining industry without damaging bottom-line performance.
As a Principal Investments Summer Analyst with Macquarie Capital, I performed due-diligence tasks for several live transactions in the Asia-Pacific (APAC) renewable energy sector. I was also a member of a team which advised on a bid for an Indonesian toll company. As a member of the Infrastructure & Energy Group, the majority of deals I worked on were related to investments in critical infrastructure and clean energy solutions. Additionally, I assisted to prepare power purchase agreements (PPAs) for utility-scale solar offtakers. I also worked on pricing structures and preparing reports for several PPAs involving blue-chip corporations in collaboration with Macquarie’s renewable-energy-focused subsidiaries: the Green Investment Group and Conergy Pte Ltd.
“I had the opportunity to work on market research data from various fields, such as the hospitality industry and the medical sector. It was a fulfilling experience as my supervisors progressively trusted me with larger responsibilities. I was fortunate to have had the opportunity to liaise with both internal and external clients. At one point, I had to conduct a corporate social responsibility (CSR) workshop for the entire office!”
“One memorable moment was when I found out that much of the research I had been doing was being distributed through weekly newsletters. I also did presentations on fintech startups and structured products which SGX will be building on. Not much more can be said because of compliance issues.”
“My experience at Asia IIX and Shujog opened my eyes to the possibilities of impact investing that empower social enterprises to achieve their potential. Organising the Impact Forum was the most memorable experience for me, as investors, entrepreneurs and intermediaries from across the globe convened in Singapore and Paris to discuss ways to deepen and accelerate social finance.”
“Financial markets were exceptionally volatile during my three-month stint at Macquarie and I was fortunate enough to learn about the effects of the Greek crisis, China’s stock market meltdown, the commodity glut and the El Niño etc. on the FX market. It was an exciting period as talks on the impending fed rate liftoff continued against the tumultuous backdrop. Shortly after, I flew to Manila to join Fortman Cline Capital Markets. Interning abroad has been an incredible experience thus far and I have learnt so much more than I could have ever imagined over this summer.”
“Green Marine Capital is a private equity firm investing in the maritime and cleantech sectors. The most memorable moment is when a live deal that I was working on, a USD$5 million strategic investment in Corvus Energy, was approved by the investment committee and subsequently closed. It was very satisfying to see our hard work paid off, and to know that the company is currently doing well for the portfolio.” “Albizia Capital is a long-only equity fund manager specialising in ASEAN consumer stocks. I initially joined the company during the 2013 winter break to initiate macroeconomic research for the launch of their second fund, and subsequently returned a few times over the next year to assist with the actual launch. I am very happy to see the fund launch successfully and am honoured to have had the chance to influence the second fund’s investment focus since the very beginning.”
“Golden Equator Capital is an asset and wealth management firm that has over US$160 million in assets under management, spread across a few funds. Whilst there, I worked with the venture capital and private equity teams to source and evaluate deals. Similar to my previous internship, I was fortunate to be heavily involved in a few of the deals that closed. But beyond that, I especially enjoyed the camaraderie and friendship within the team, which manifests in the weekly team exercises (sprint and calisthenics) and futsal sessions.”
“I handled two live deals and completed the pitch books from scratch during my time there. Also, getting to learn more about the unique culture and cuisines in the Philippines is something I really enjoyed. More memorably, I was thrilled to start a small sporting culture in the firm itself, where we played soccer on the weekends during my time there and everyone enjoyed it. The culture has since continued after I left.”
“Working at Leap Philanthropy, a Singapore based grant-maker, gave me an insight into the venture philanthropy industry in Asia. Over the course of my internship, I worked to create the Annual Report which involved working directly with the Executive Director and the Board of Directors of the organization. This gave me the opportunity to work closely with our grantee organization and learn more about macro and micro issues – from on the ground challenges and obstacles to success, to the price of drip irrigation systems in different rural districts of Cambodia. Research was an essential part of my internship and I got to deeply engage with some of the new developments in the social sector. I worked to conduct a review of the impact measurement tools that are becoming increasingly popular with non-profits and investors alike. The previous alien and faintly daunting acronyms like IRIS, PULSE, GIIRS and SROI started to make a lot more sense. In conjunction, I also researched the current development issues, opportunities and challenges of Myanmar and Cambodia and looked at how other grant-making organizations operating in different spheres measure impact and evaluate grantee pitches.”
“Over the summer, I worked on a randomized controlled experiment at IFMR, a think-tank which researches access to financial services for low-income individuals in collaboration with the MIT based Poverty Action Lab. Funded by the Ford Foundation and University of California—Irvine’s Institute for Money, Technology and Financial Inclusion, my project focused on finance and tested the impact of various inexpensive tools on increasing access to formal financial institutions and altering savings behavior. While analyzing the data from the field, I enjoyed the thrill of being the first person to uncover the impact of our experiment. The most exciting moment came when I found that a simple and inexpensive lockbox has the ability to significantly increase the savings of a household.”
“As a business development intern at GLG, I supported various sales projects. In August, I represented Singapore at the South America Business Forum in Argentina.”
“I spent seven weeks in Singapore then three weeks living in Dhaka, Bangladesh. I would say the three weeks in Dhaka were the most memorable, having not been there prior to the internship.”