FactSet Research Systems: Launching Your Career Through Internships

FactSet Research Systems Inc. (NYSE:FDS | NASDAQ:FDS) stands as a prominent global provider of integrated financial information, analytical applications, and industry-leading services, catering to the investment and corporate communities. Headquartered in Norwalk, CT, with a widespread presence encompassing offices in 35 locations worldwide, FactSet has established itself as a key player in the FinTech industry. The company's commitment to innovation and client success is reflected in its comprehensive suite of solutions, designed to empower investment professionals with the insights and tools needed to outperform in today's dynamic markets.

FactSet: A Company Overview

FactSet helps the financial community to see more, think bigger, and work better. The company's digital platform and enterprise solutions deliver financial data, analytics, and open technology to more than 8,200 global clients, encompassing over 200,000 individual users. These clients span the buy-side and sell-side, wealth managers, private equity firms, and corporations. FactSet equips them to achieve more every day through comprehensive and connected content, flexible next-generation workflow solutions, and client-centric specialized support. As a member of the S&P 500 index, FactSet demonstrates its commitment to sustainable growth.

FactSet creates flexible, open data and software solutions for over 200,000 investment professionals worldwide, providing instant access to financial data and analytics that investors use to make crucial decisions. FactSet's solutions include analytics, mobile applications, and comprehensive data feeds.

The Significance of Internships at FactSet

Internships at FactSet provide invaluable opportunities for students and recent graduates to gain practical experience, develop professional skills, and explore potential career paths within the financial technology sector. These programs are designed to immerse interns in FactSet's culture, solutions, and client base, offering exposure to various teams and projects.

Buy-Side Analytics Internship Program

The Buy-Side Analytics Internship Program specifically introduces interns to FactSet’s solutions, clients, industry, and various teams within our client-facing and product organizations. Interns gain insight into FactSet’s buy-side users and clients, assist in resolving clients’ technical requests, and obtain exposure to high-value, project-based engagements. The program will include opportunities to share new ideas and foster creative thinking to add value and have a lasting impact on the greater team.

What to Expect During a FactSet Internship

Interns at FactSet can expect a dynamic and engaging experience that combines hands-on learning with opportunities for professional development. Here's a glimpse into what a FactSet internship might entail:

Real-World Projects

Interns are typically assigned to specific teams or projects, where they contribute to ongoing initiatives and tackle real-world challenges. For example, during the summer of 2021, an intern completed a Software Engineering Internship at FactSet. The project was to help aid the cloud migration of some components that provided key functionality to this tool. Interns also got to collaborate with both Software Engineering and Consulting interns on a Mergers and Acquisitions project.

Mentorship and Guidance

FactSet provides interns with mentorship and guidance from experienced professionals who offer support, feedback, and career advice. In the team of six engineers, some of whom had over ten years of experience and some who had only graduated the year before. The team was split between both the London and Manila offices and oversaw an internal tool that was used by FactSet engineers millions of times an hour.

Exposure to Different Teams and Functions

Internships often involve opportunities to interact with different teams and departments within FactSet, providing a broad understanding of the company's operations and culture.

Professional Development

FactSet is committed to the professional development of its interns, offering training sessions, workshops, and networking events to enhance their skills and knowledge.

Contributing to Innovation

Interns are encouraged to share new ideas and contribute to FactSet's culture of innovation. The best ideas can come from anyone, anywhere, at any time, and that curiosity is the key to anticipating our clients’ needs and exceeding their expectations.

The Application Process

The application process for FactSet internships typically involves the following steps:

Online Application: Submit your resume and cover letter through FactSet's career website.
Telephone Interview: A phone screening to assess your qualifications, motivation, and interest in the role. The telephone interview comprised of questions about motivation and previous projects, as well as a few technical questions.
Online Face-to-Face Meeting: A more in-depth interview, often involving technical questions and discussions about your experience and skills. The final stage was an online face-to-face meeting, involving two technical interviews and a more detailed look into the company.

FactSet's Commitment to Diversity and Inclusion

FactSet is committed to fostering a diverse and inclusive workplace where all employees feel valued, respected, and empowered to contribute their best. FactSet celebrates diversity of thought, experience, and perspective. The company is committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. FactSet participates in E-Verify.

Benefits of a FactSet Internship

A FactSet internship can provide numerous benefits, including:

Gaining practical experience: Apply your academic knowledge to real-world projects and develop valuable skills.
Building your network: Connect with industry professionals and expand your professional network.
Exploring career paths: Discover your interests and strengths and gain insights into potential career paths within the financial technology sector.
Enhancing your resume: Add valuable experience to your resume and increase your competitiveness in the job market.
Potential for full-time employment: Many FactSet interns receive offers for full-time employment after graduation.

FactSet's Culture and Values

At FactSet, our values are the foundation of everything we do. They express how we act and operate, serve as a compass in our decision-making, and play a big role in how we treat each other, our clients, and our communities. As a globally inclusive community unified by the FactSet spirit of going above and beyond for each other, we enable our people to bring their whole selves to work and to join in, be heard, contribute, and grow.

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