2028 Investment Associate Intern - Macro Research in Markets Immersion

Bridgewater Associates

Posted 7 days ago

Internship

New York, New York

In Person

Smart Summary

Responsibilities

Interns will form their own macroeconomic and market views and translate core logic into data and mathematical expressions for systematic testing. They will participate in the firm's research and investment process by analyzing economic dynamics and forecasting asset prices.

Qualifications

You are a curious, independent, and analytical thinker with a passion for understanding global economies and financial markets. You have the ability to draw insights from diverse backgrounds and collaborate effectively to develop unique investment strategies.

Must Have Skills for ATS

Macroeconomic analysis

Financial markets

Investment strategies

Data analysis

Economic modeling

Quantitative analysis

Systematic investing

Job Description

Applications for this year's Immersion Event are not yet open. Below is last year's Immersion information as reference. If you would like to express early interest, we encourage you to fill out the below. 

Please note, in order to be considered for the Macro Research in Markets Immersion event on March 20th, 2026, you must be interested in and apply to the Summer 2027 Investment Internship by February 25th, 2026. If you have already applied to the Internship, we have your application on file and will reach out directly; you do not need to re-apply for the event specifically. 

Bridgewater is one of the largest, most successful hedge funds of all-time, founded in 1975. We’ve built a unique understanding of global economies and financial markets used to generate high and uncorrelated returns (alpha) in systematic investment strategies.   

We are looking to hire great talent for our Investment Associate roles. Does this sound like you?   

Our Investment Associates (IAs) are the core team focused on developing and delivering alpha—the unique insights that enable us to beat markets and generate high and uncorrelated returns. Our approach is rooted in a fundamental understanding of the drivers of economies and markets and the systemization of those ideas. Our Investment Associates are:   

  • Relentlessly, obsessively—curious. To beat markets, you must have unique insight—but markets are always learning. We need individuals fiercely driven to understand how the world works, uncovering new logical relationships, testing and exploring new data sources, and consistently trying to expand their understanding and constantly improve 
  • Deeply independent—bordering on iconoclastic—thinkers. For decades, Bridgewater has been studying markets and economies and reflecting our best understanding in our investment systems. We need independent-minded individuals who will come in and tell us why what we’re doing and thinking is wrong—and be right about it. 
  • Conceptual and analytical. We need people who are both excited by the challenge of taking abstract concepts and translating them into quantifiable measures in a systematic investment process. 
  • Able to draw insights from a wide variety of backgrounds. Our investment approach draws from multiple disciplines—most obviously economics and finance—but also computer science, mathematics, statistics, political science, history, natural science, and more. To that end, our Investment Associates also come from a wide variety of backgrounds. 
  • Collaborative and tenacious. Our culture of idea meritocracy requires constant, intensive collaboration and exploration of ideas. Grit is essential—many of the problems we try to solve don’t have immediate or clear answers, and wrestling through to the truth alongside others takes enormous perseverance.  

What can I expect in an Investment Associate summer internship?  

Our goal is to provide interns with real and meaningful exposure to a fundamental and systematic investment process. As Investment Associates, we live and breathe markets and want our interns to have the chance to do the same. We hate the concept of “busy work” and try to make the internship as real of a window as possible. From the first week on, you’ll be expected to form your own macroeconomic and market views—including the opportunity to bet with your intern compensation and enter “positions” in actual markets Bridgewater trades, where Bridgewater will take the other side, using our in-house Investor Track Record tool. The internship is structured around the same components as Bridgewater’s research and investment process—you’ll start by looking out at the world and perceiving the most important dynamics for investors related to a specific economy and market. You’ll then synthesize your key views. Finally, you’ll get exposure to systemization—taking your point in time views and working with our investors to translate the core logic into data and mathematical expressions that you can then stress-test through time.   

Throughout the internship, you’ll also receive world class markets and macroeconomic training via an abridged version of our first year Investment Associate class. This will cover the foundational frameworks, introduction to analytical methods we use in our research and some light exposure to our technology stack. Our training ecosystem is designed so that anyone willing to put in the work can get the knowledge and skills they need to succeed in the internship and get a taste of what it’s like to be a real macro investor.   

Compensation 

Total compensation for this position is $51,000 for the 8-week internship (less applicable deductions and withholdings), including a sign on bonus. In addition, our compensation package includes housing.   

This job description is not a contract and confers no contractual rights, privileges, or benefits on any applicant or potential applicant. Bridgewater has the right to change any and all terms of this job description, including, but not limited to, job responsibilities, qualifications and benefits. Nothing in this job description constitutes an offer or guarantee of employment.  

The Investment Associate Intern position requires the candidate is eligible to work in the United States for a minimum of 3 years from the candidate’s start date.  H-1B visa sponsorship and support for post-graduation optional practical training is available only to candidates with a degree in the science, technology, engineering and mathematics (STEM) fields. 

Bridgewater Associates, LP is an Equal Opportunity Employer. 

Macro Research in Markets Immersion Event 

We are looking to for our next generation of investor talent: individuals driven to apply economic thinking to markets via intense collaboration with others.  

Select candidates applying to our 2027 Investment Associate Internship will join us in our New York City office for a full-day immersion of discussion, debate, and exposure to Bridgewater’s research-driven investment process. The event will be led by CIO Karen Karniol-Tambour, who began her career in our internship program, alongside senior members of our investment team. 

Event Highlights:  

  • Hear from Co-CIO Karen Karniol-Tambour on Bridgewater's approach to developing a deep understanding of the world to trade markets. 
  • Work through a case study of an economy — translating coincident economic conditions into forecasts of conditions and asset prices — with Investment Associates. 
  • Connect with recruiters, senior leaders, and investors on career paths, talent development, and our culture. 

Please note that the Macro Research in Markets Immersion invitation-only event is designed for students graduating in 2028 who are exploring a future in markets, trading, or macro research. Bridgewater will provide hotel accommodation for up to two nights (March 19-21, 2026) and cover all travel costs to join us. Please ensure that you have the necessary documentation to travel to the U.S. (i.e., passport or visa), and please feel free to reach out with any questions.  

Bridgewater Associates

Bridgewater Associates is a global macro investment firm, founded in 1975, whose mission is to develop a fundamental, cause-and-effect understanding of how markets and economies work—and translate that understanding into insights, returns, and solutions that help the world’s leading institutional investors solve their most important investment challenges. Over five decades, we have codified our fundamental understanding into a systematic investment process—integrating human judgment with machine intelligence with the goal of applying our thinking consistently, testing it against reality, and continuously improving decision-making over time. We believe this has created a unique platform for applying AI within our process, positioning us at the frontier of integrating technology with investment decision-making. In financial markets—where reality is constantly evolving and outcomes are uncertain—sustained excellence requires continuous learning and improvement. Our culture—anchored in radical truth and transparency—helps us learn faster.
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