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Overview

The Summer Internship Programme (“SIP”) is one of the initiatives of the Pilot Programme.  It aims to raise the awareness of undergraduate students to the wide spectrum of career opportunities in the front, middle, back offices or "mixed" job functions of the asset and wealth management (WAM) sector, and allow them to gain early exposure to these different functional roles. Interested students may consider joining the WAM sector after graduation.

Under the SIP, undergraduate students will be offered an internship position by employers in the WAM sector for a period of 4 to 8 weeks (“the internship period”) during summer of 2020, 2021 and 2022 in their front, middle, back offices or mixed* of these job functions involving WAM-related work.  This offers an opportunity for students to apprehend the career prospect and nature of the WAM sector.

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Eligibility (Student)

The SIP is open to students who are:
  1. residents of the HKSAR;
  2. lawfully employable in the HKSAR; and
  3. studying at one of the 22 accredited degree-awarding higher education institutions listed below during the internship period, and will continue his/her undergraduate study after the internship period:-

 

  • Caritas Institute of Higher Education;
  • Centennial College;
  • Chu Hai College of Higher Education;
  • City University of Hong Kong;
  • Gratia Christian College;
  • HKCT Institute of Higher Education;
  • Hong Kong Academy for Performing Arts;
  • Hong Kong Baptist University;
  • Hong Kong Nang Yan College of Higher Education;
  • Hong Kong Shue Yan University;
  • Lingnan University;
  • Technological and Higher Education Institute of Hong Kong of Vocational Training Council;
  • The Chinese University of Hong Kong;
  • The Education University of Hong Kong;
  • The Hang Seng University of Hong Kong;
  • The Hong Kong Polytechnic University;
  • The Hong Kong University of Science and Technology;
  • The Open University of Hong Kong;
  • The University of Hong Kong;
  • Tung Wah College;
  • UOW College Hong Kong; and
  • Yew Chung College of Early Childhood Education

 

Job Category:

Functional Role

Wealth Management

Asset Management

Front Office

WF

AF

Middle Office

WM

AM

Back Office

WB

AB

Mixed*

WX

AX

 

*If PE plans to arrange job rotation to different functions or the assigned jobs are not confined to a single function, this position shall be defined as “mixed”.

 

For the avoidance of doubt, students who reneged on their acceptance of offers will be deemed to have participated in that year's SIP.

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Honorarium

Each student intern taking up an internship under the SIP will enter into an employment relationship with a participating employer in the WAM sector and shall be paid a monthly honorarium by the participating employer. The student intern shall commit to completing the entire internship period and submitting evaluation on the internship experience and the overall SIP.

 

Student interns will be invited to attend a “Readiness Briefing Session” prior to commencement of internship. Students will be assigned a mentor by the PE, through which they can benefit from industry practitioners’ experience and knowledge and maintain contact after completion of their internship.