If you’re studying finance and looking to kickstart your career, internships and work experience are invaluable. They provide practical insights, help you develop industry-specific skills, and boost your chances of landing that dream graduate role. But here’s the big question: when should you start applying for internships in Australia?

If you’re wondering how to time your applications for finance internships and finance work experience, this guide has all the details you need.

Timing is everything

When it comes to finance internships, knowing when to apply is crucial. Here’s a breakdown:

University Semester Cycles

Summer Internships (December to February): Applications typically open in March or April. These are highly competitive, so start preparing early.

Winter Internships (June to August): Applications for mid-year internships often open in February or March.

Graduate Programs and Large Organisations

• Many large finance organisations, such as investment banks, accounting firms, and consulting firms, offer structured graduate and internship programs.

• Applications for these programs often open a year in advance. For example, if you’re targeting a summer 2025 internship, applications may open in early 2024.

Smaller Firms and Flexible Opportunities

• Smaller firms, startups, and boutique companies don’t always follow strict timelines.

• Keep an eye on platforms like Seek, LinkedIn, and GradConnection year-round for these opportunities.

How to Prepare for Internship Applications

Before applications open, take these steps to make your application stand out:

• Polish Your Resume and Cover Letter: Highlight your coursework, academic achievements, and any previous experience (even part-time work—transferable skills count!).

• Build Your Network: Attend finance-related events, join professional groups, and connect with people on LinkedIn. A strong network can lead to great opportunities.

• Enhance Your Skills: Learn tools like Excel, Tableau, or Bloomberg Terminal. Certifications in financial modeling or data analysis are also highly valued.

• Research Companies: Identify your top choices and research their values, culture, and internship programs so you can tailor your applications.

What If You Miss Deadlines?

If you miss major application windows, don’t worry. Many smaller companies and independent professionals recruit on a rolling basis throughout the year. Be proactive by:

• Checking job boards frequently.

• Reaching out directly to companies with a personalised email expressing your interest in their organisation. Sometimes being proactive can open doors you didn’t expect!

Think Beyond Traditional Finance Roles

While large organisations like banks and accounting firms dominate the finance internship space, don’t overlook other industries where you can gain valuable experience:

• Real Estate Finance: Work on managing property investments.

• Nonprofits: Gain insights into budgeting and financial planning for a cause.

• Technology Startups: Combine finance with tech innovation in a dynamic environment.

• Government Agencies: Learn about public budgeting and economic planning.

Exploring different sectors can give you a unique perspective and diversify your skill set.

FThree Work Experience Program

Miss the deadline for your ideal company or not make the cut? Never fear! Our Work Experience Program is designed to help students and graduates bridge the gap between study and the professional world.

Here’s what you’ll get:

• Hands-on experience working on real-finance projects.

• Opportunities to connect with industry professionals and expand your network.

• Practical skills that will set you apart in future applications and interviews.

Whats even better is that we accept student applications on a rolling basis as well!

If you’re interested learn more here if you’re a university student and here if you’re a school student.

The Takeaway

The best time to apply for finance internships in Australia depends on the type of role and organisation you’re targeting. For structured programs with large organisations, start early—March or April is critical for summer internships. For smaller firms and flexible roles, opportunities can arise throughout the year.

Preparation is key: polish your application materials, hone your skills, and explore diverse roles to maximise your chances. And if you’re ready to kickstart your career, FThree’s Work Experience Program is here to help you take the first step. Good luck!