Learn critical investing skills from world-class investment professionals at the world's leading hedge fund.
The Citadel Associate Program teaches foundational equities investing skills to aspiring early career talent through classroom learning and on-the-desk rotations. This highly selective program focuses on a small cohort each year to enable the best training. Successful graduates earn an associate role on one of Citadel’s equities investing teams.
Rotations are available globally, with our New York City team serving as your lead instructors.
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Our summer internship is open to rising seniors for eleven weeks of hands-on instruction from firm leaders and rotations across investment teams.
You’ll start with a one-week offsite to foster relationships with peers and develop problem-solving and leadership skills. Next, you’ll learn modeling and financial analysis fundamentals as you prepare for the first of two team rotations. You’ll build connections with investment professionals who will help hone your investment approach.
Begin your first team rotation where you’ll conduct bespoke research and initiate coverage of companies. In week six, you’ll complete your first set of initiation presentations. In week seven, you’ll return to the classroom for more skills development and preparation for your second rotation.
During the last phase of the program, you’ll complete your second team rotation and initiation project. As you enter your last week, you’ll return to the classroom for final sessions and review. You will also have opportunities to give back through community service while networking with the people you’ve met.
As a graduate participant, you’ll spend three months honing a strong financial analysis and investment diligence process. You will build lasting relationships across the investment teams, aided by extensive communication and leadership training.
Learn how to analyze the future prospects of a company or an entire industry through rigorous modeling and analytics.
Refine a differentiated investment process, leveraging our world-class primary research resources to help build conviction in your alpha view.
The world’s leading investment professionals are your mentors, while communication experts, career coaches and other specialists help uncover insights toward your personal development.
Insider
Citadel has a very meritocratic culture where the people who show they can take on responsibility get that responsibility. Even from day one, my team treated me like a full-time associate. I was doing real work and I was able to contribute things that we’ll be able to use going forward.
I was impressed with the CAP curriculum’s harmony between learning and doing, where our rotation projects allowed us to put what we studied during classroom lectures into practice and truly hone our skills on the job.