Cornell University

Credit Internship Program

119 Ives Hall, 607-255-2266

Fidelity Business Services India, Ltd.

Location:

Bangalore, India

Company Background:

Fidelity Investments is one of the world's largest providers of financial services, with assets under administration of $3.8 trillion, including managed assets of $1.7 trillion, as of November 30, 2012. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. FMR (Fidelity Marketing & Research) India is the flagship captive unit of Fidelity US.

Headquartered at Bangalore, where operations commenced in 2003, FMR India has another fully-functional unit at Chennai. FMR India collaborates with its parent organization in strengthening Fidelity’s endeavors to enable clients in achieving lifelong financial independence and peace of mind. Firm focuses on investment management & IT support operations in India.

The HR division at Fidelity has 80 professionals and supports 2-3 interns per year.

Job Description:

  • Projects could be in any of the traditional HR functions
  • Specific project would be designed around student’s interest & HR division's needs
  • Second project could focus on their high profile corporate & social responsibility initiative which receives a high degree of focus.  They use CSR projects to engage and retain employees in general, and also structure CSR projects in ways that allow them to develop high-potential employees as part of its Accelerated Leadership Development Program.  Their underlying CSR philosophy is to help make NGOs more sustainable (rather than simply donate money; thus, they involve employees to help develop structures and programs that NGOs will then be able to sustain.

Application Process:

Inquire with Brigid Beachler and submit resume and cover letter

Stipend:

Approximately 25,000-30,000 Indian Rupees per month ($500-600).

Housing:

Fidelity does not provide housing, but they would assist students with finding suitable housing.