2027 MBA /MFE Summer Intern - Associate, Portfolio Management

pimco; Newport Beach (CA); On-site; USD 34,000 - 55,000; Full time

Benefits offered by this job

Mentorship

Job summary

PIMCO offers a 10-week MBA/MFE Summer Intern program in Newport Beach, focused on supporting portfolio management strategies and client outcomes. You will collaborate with traders and analysts to develop and present investment ideas, with access to AI-powered tools and mentorship throughout the summer.

The role requires an MBA or Master’s with relevant finance-focused study, 1–2 years of prior experience, and fluent English. Applications must be received by November 14, 2026, for the 2027 cycle.

Qualifications

• MBA or Master’s degree with finance/economics/financial engineering emphasis
• 1–2 years of prior work experience preferred
• Fluent in English

Responsibilities

• Develop, present, and execute investment strategies within the firm's portfolio management framework.
• Prepare daily research notes and market updates on news and trading levels.
• Contribute to short- and long-term financial forecasts and strategy development.
• Support account managers by updating client bases and performance analyses

Skills

Quantitative analysis

Data analysis

Financial modeling

Time series

Education

MBA/Master's in Finance/Economics/Financial Engineering

Tools

SQL

Python

MATLAB

SAS

C++

Job description

PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

2027 MBA /MFE Summer Intern - Associate, Portfolio Management

Internship positions are located in PIMCO's Newport Beach Office.

Requirements

• MBA or Master's degree with relevant work experience, with an emphasis in Finance, Economics, Financial Engineering, or a related quantitative/analytical field from an accredited, leading business school or university, completion expected between Dec 2027 - June 2028 .
• Preference for candidates whose field of study provides exposure to finance/capital markets, econometrics, applied mathematics, or whose business experience and knowledge is aligned with the position.
• Preference for candidates with 1-2 years of prior work experience.
• Fluent in English.

All applications for this role must be received by November 14, 2026.

Portfolio Management

The Portfolio Management Associate is responsible for supporting the development, presentation, and execution of investment strategies across various sectors that are part of our overall investment strategy. The most important function of this role is to maximize return consistent with client objectives . Other functions of this role include:

• Developing, presenting, and executing thoughtful trading strategies to achieve specific objectives and/or recommend alternative strategies in order to optimize investment performance over the long run.
• Preparing daily research notes and frequent market updates on news and trading levels.
• Participating in the development of the firm's short- and long-term financial forecasts, as well as the strategies on which they are based.
• Supporting account managers by updating existing account base on market conditions, philosophy, process, and performance.

Skills and Characteristics

• Outstanding analytical and mathematical skills, with a strong quantitative orientation.
• Experience preparing and working with large data sets; familiarity with SQL and Python is highly valued.
• Ability to apply finance theory, portfolio theory, and asset allocation techniques in practical settings.
• Comfortable learning and using programming languages (e.g., Python, Matlab , SAS, C++) for financial analysis.
• Exposure to econometric methods and time series analysis (e.g., vector auto regression, error correction models, Kalman filtering) is a plus.
• Ability to articulate ideas and strategies clearly, both verbally and in writing.
• Well-organized, high-energy, self-starter, focused, goal-oriented, accountable, results-driven.
• Enjoy working collaboratively across the organization in a team environment, including senior level management.
• Ethical, intellectually curious, flexible, and humble.
• Desire to make contributions and grow with the organization through a variety of developmental/promotional assignments (the nature of which will be based on available opportunities and actual performance in the current role).
• Demonstrate curiosity and experience in using new emerging technologies and AI tools in your work or school projects to solve problems and drive better outcomes.

The PIMCO Internship Experience

• The PIMCO Internship is a 10-week program that runs from early June to mid-August, with the expectation that you will be available for the full duration of the program
• During Week 1, you'll participate in PIMCO Fundamentals Training, providing you with the skills, knowledge, and relationships that will prepare you for success
• Alongside your colleagues, participate in PIMCO's Global Month of Volunteering , developed to heighten the impact of our employees' worldwide volunteer efforts
• Join us for a variety of cross-divisional education, networking & social events!
• Your supervisor, peer mentor, senior leaders and team offer guidance and mentorship throughout the summer
• You will gain hands-on experience with AI-powered tools from day one, with training and resources that help build future ready skills and make an impact from the start
• You will receive f