Back to School: Norway SWF Offers Internships

Norges Bank Investment Management (NBIM), which is responsible for the day-to-day running of the Norway Government Pension Fund—Global, has thrown open its Investment Talent Programme 2016.

“You will have access to top management, industry specialists, and professionals to support your professional career.” —NBIMThe managers of the world’s largest sovereign wealth fund (SWF) have invited recent graduates to apply to spend two years honing their investment and banking skills. The programme will start in August 2016.

“The programme is targeted at highly motivated and skilled candidates with recent university degrees who are aiming at an international career in investment management,” said the application page on NBIM’s website. “We offer interesting challenges in an active and stimulating international environment. The programme offers excellent possibilities for personal and professional development.”

The programme lasts for two years. After an initial training period in Oslo, it offers interns 12 months’ investment banking experience alongside one of NBIM’s partner banks in London or New York and the remainder of the programme within one of the company’s international equities offices.

“Within the two-year programme you will be given the opportunity to become a chartered financial analyst charter holder,” NBIM said. “You will have access to top management, industry specialists, and professionals to support your professional career.”

High achievers have the possibility to pursue a Master in Finance qualification at a top business school upon completion of the programme, NBIM said.

The Norwegian SWF has NOK 6.85 trillion ($840 billion) and has announced plans to expand its investment horizons into illiquid alternatives.

A list of candidates’ desired qualities can be found on the NBIM website. The closing date for applications is October 4, 2015.