Careers

Graduate and summer intern FAQs

 

 

How do I apply for a graduate or internship position?

Applications are accepted online. Please do not email your application

What is the selection process for graduate and internship recruitment?

The selection process for each Macquarie business varies but will typically involve:

  • applications received online and reviewed by the Macquarie Recruitment team
  • at least two rounds of interviews conducted by human resources and/or business representatives
  • psychometric assessment
  • background checking, including reference checks and pre-employment screening
  • offer of employment is made.

Who should I address my cover letter to?

Your application will be reviewed by one of our recruiters, so it’s best to address your cover letter to the 'Macquarie Graduate Recruitment Team'.

How many graduate positions are available and in which groups are these positions available?

The number of roles available varies within each of our business groups, and may change due to shifting business and market requirements, as well as the quality of the applications received.

Where are the graduate and internship positions available?

The majority of our graduate positions are located in Sydney and Melbourne with some recruitment in our other offices within Australia/New Zealand. This will be indicated on our website once applications are open.

Does Macquarie offer a graduate rotation program?

With the exception of some opportunities within the Financial Management Group and Market Operations and Technology, we do not offer rotation programs. Instead, we work hard to ensure you are placed in the right role from day one. Our recruitment process takes into account your interests and skills and matches these to the appropriate position.

What tasks does a typical graduate do?

Graduates are quickly integrated into the business and given real responsibility from day one. Most graduates find this challenge to be one of the most enjoyable aspects of their role at Macquarie.

Please visit the What will I be doing? page for more information on graduate responsibilities.

What tasks does a typical intern do?

The contribution of our interns is valued and they are given real and meaningful work during their internship.

Please visit the What will I be doing? page for more information on internship responsibilities.

What type of people are you looking for?

We are seeking high calibre candidates who have a strong interest in the financial services sector, knowledge of current market activity and the desire to be inspired as part of a successful team.

Specifically we look for:

  • high levels of motivation
  • above average analytical skills
  • excellent communication skills
  • an entrepreneurial spirit
  • creativity and innovation
  • genuine interest in financial services.

What university degree do I require to obtain a graduate or internship position’?

Macquarie recruits graduates from a variety of tertiary disciplines for a broad range of roles across the organisation. Some areas of Macquarie have specific requirements for the qualifications they seek, but others place less emphasis on the type of degree and look for graduates who have the desired general skills and abilities, as well as high levels of motivation.

Relevant disciplines include: Actuarial, Accounting, Business, Commerce, Computer Science, Computer/Software Engineering, combined Commerce disciplines such as Commerce/Law, Commerce/Engineering, Engineering, Economics, Finance, Financial Planning, Information Technology, Law, Marketing, Maths, Physics and Science.

Please refer to our What are you studying at University? page for more information.

Within my undergraduate degree, what are the best majors to undertake?

There are not any specific majors that will guarantee you employment with Macquarie. We recommend you choose a major that you have a genuine interest in and that will provide you with some basic technical skills such as financial modelling, investment theory, accounting, and writing and research skills. If you are focused on a career in finance you will need to demonstrate initiative, strong numerical and analytical skills, an understanding of financial markets and a client service approach.

Please refer to our What are you studying at University? page for more information.

Are overseas students eligible for the graduate recruitment program?

Macquarie cannot guarantee sponsorship for graduate positions, and visa conditions can often make it difficult for overseas students to work permanently in Australia.

Macquarie offers counterpart programs in London, New York and some locations in Asia and you are encouraged to apply for the graduate program in our offshore offices.

Overseas students are eligible to apply for the summer internship program providing they have the appropriate right to work full time over the internship period.

Can I lodge my application directly with a recruiter?

All applications for our graduate and summer internship program must be submitted online through the Macquarie website.

Do graduates transfer between groups?

When recruiting graduates, groups and divisions expect a minimum two-year commitment. This allows you to develop your skills and gain a strong understanding of the business into which you are recruited. Opportunities to transfer between businesses and groups are available as your career progresses.

If I secured a graduate position, when would I have to start?

New graduates generally commence in February of each year. However we do take on students at varying times throughout the year, and this is determined on a case by case basis.

For more information about Macquarie’s graduate program, please email the Graduate Recruitment team. 

What are the dates of your summer internship program?

Our internship typically runs for 12 weeks from the end of November to February. There may be variations to this based on each business group and their individual requirements.

What GPA must I get?

We seek well rounded individuals and therefore marks are not the only factor we consider. Generally, successful applicants have a credit average or higher, however we also take into consideration other factors such as work experience and extra curricular activities.

I am looking for an opportunity to obtain some work experience. Does Macquarie offer this?

Outside of our formal summer internship program we don’t offer other opportunities for work experience.

What are your application dates?

Australian Graduate program

  • 2013 Australian Graduate program: Applications have now closed. Applications for the 2014 Australian Graduate program will open early 2013.

Australian Summer Internship program

  • 2012/13 Summer Internship program (Melbourne): Applications open 4 June 2012 and close 28 June 2012, 12pm EST
  • 2012/13 Summer Internship program (all other locations): Applications open 2 July 2012 and close 26 July 2012, 12pm EST