{"id":2165,"date":"2012-05-24T01:22:21","date_gmt":"2012-05-23T19:52:21","guid":{"rendered":"https:\/\/internshala.com\/blog\/?p=2165"},"modified":"2012-06-11T14:15:04","modified_gmt":"2012-06-11T08:45:04","slug":"summer-internship-mumbai-financial-strategies-tesseract-financial-services","status":"publish","type":"post","link":"https:\/\/internshala.com\/blog\/summer-internship-mumbai-financial-strategies-tesseract-financial-services\/","title":{"rendered":"Summer Internship in Mumbai – Financial Strategies – Tesseract Financial Services"},"content":{"rendered":"

Please note that this internship is ONLY for Mumbai based students<\/strong><\/p>\n

\"Finance<\/a>Calling all the future Warren Buffetts. An exciting, once in a lifetime opportunity for Engineering students to work in an emerging area of Asset Management with a team with a combined experience of 30+ years with financial giants on Wall Street. This internship promises to provide an experience with the creation, testing and roll-out of investment strategies, especially from a quantitative view. The last date to apply is 10th June 2012<\/strong> <\/strong>– hurry!<\/p>\n

<\/p>\n

\"\"About Tesseract Services : –<\/strong>\u00a0Tesseract Financial Services, a start-up\u00a0 by an IIT Madras alumnus and an IIT Bombay alumnus, is aiming to create a quantitative asset management\/hedge fund. They are working on rolling out both structured (derivative) products and quantitative stock picking strategies for onshore and offshore investors.<\/p>\n

About the Internship: –<\/strong>\u00a0The candidate is expected to assist the team on multiple levels including understanding strategies, checking data integrity, write-ups, Excel based financial modeling and power point presentations. The candidate will be working with financial professionals with over 30+ years experience together in global markets. This is an excellent opportunity for someone looking to do cutting-edge financial work.<\/p>\n

Who can apply: – The candidate must be based out of Mumbai and should be able to join immediately. <\/strong>Any graduate or post graduate with a quantitative (Math \/ Engineering \/ pure Science) background and decent programming skills (VBA \/ Java \/ MATLAB). Curiosity about financial markets is a bonus.<\/p>\n

Number of internships available: – <\/strong>1<\/p>\n

Location: –<\/strong>\u00a0 Mumbai, India<\/p>\n

Duration: –<\/strong> 4-6 weeks<\/p>\n

Start date: –<\/strong> June 2012<\/p>\n

Stipend <\/strong>: –<\/strong> Rs. 10,000\/- per month.<\/p>\n

Internship specific question: \u2013 <\/strong>Along with your application please upload\u00a0 answers to the following internship specific questions (.pdf, .doc, .rtf, <1MB):-<\/p>\n

\n

Answer the following questions to the best of your understanding. \u00a0You will be assessed based on your approach followed to arrive at conclusions.<\/p>\n

    \n
  1. What factors affect the trading price of an equity security?<\/li>\n
  2. What are the various exchanges enabling secondary market trading in India? Which instruments\/securities do they specialize in?<\/li>\n
  3. Compare the following two websites:\n