Macroeconomics Internship Programme

5 months ago

Cape Town, South Africa Krutham Full time

This is a unique position for a macroeconomist starting out to take a step to launch their career at a respected, dynamic and fast-growing company.

The internship will be for a mutually agreed period depending on your availability and studies. Remuneration is market related. The internship will allow you to have full exposure to our business, the clients we support and our role in contributing to important debates in South Africa.

You will be given a variety of shorter term (data analysis, desktop research etc) and long term (in-depth research assignments and report writing) to undertake. Modelling and forecasting the macroeconomy will be an important component of the role as well as supporting other researchers to answer client questions. Building interesting products (combining data, analysis and modelling) that unlock answers about South Africa's macroeconomy will be a crucial part of the role and so an enquiring mind and innovative thinking will be important.

Modelling and generating insights on the macroeconomic impact of reforms, looking at inflation and its drivers and forecasting the impacts of inflation and commodity cycles on tax revenue are examples of likely projects.
- An undergraduate honours degree in economics - or if studying this at an advanced degree level have a quantitative-heavy undergraduate degree
- Studying towards or have a masters degree in macroeconomics or similar specialising in macroeconomics, macro-econometrics or similar topics (including monetary policy, trade, international finance etc)
- Excellent writing abilities with past evidence of essays or articles
- Excellent proficiency in excel
- Excellent presentation, debating or similar skills
- A working knowledge of in Eviews, Stata or similar econometrics software
- A deep understanding of and strongly held opinions about the current macroeconomic issues in South Africa
- An interest in the political economy of South Africa
- A strong interest in regional and global macroeconomic issues

Preferred requirements are:

- Coding skills in R or similar
- Some previous internship experience, secondments or years in industry in a similar role or with exposure to similar issues - especially macroeconomic forecasting

Note we will consider people studying towards or having completed a PhD for this position.

Intellidex offers a unique environment that draws together top academic skills, financial markets research and insight on South Africa's financial sector. We work with investors, financial institutions and domestic and international policymakers to improve outcomes for South Africans and other emerging and frontier markets. Intellidex is well-recognised for high quality research and you will become a core part of a highly skilled team, providing significant learning opportunities to advance your career.

We have offices in Sandton, where this position will be based, London and Boston. The position will report to the head of capital markets research.

We offer a small company environment in which you will have considerable latitude to step up and show your value during your internship. Whilst we make no guarantees of the ability of the firm to make a full time offer at the end of this internship (which will depend on hiring needs and the performance of the company), we would hope we are able to do so for anyone successfully completing the internship. Performance will be judged by the delivery of high-quality research projects and reports, as well as some exposure with clients and other audiences.

Our standards are high. You will be working with MBAs, CFA charterholders and PhDs on our team to ensure that Intellidex delivers high levels of client satisfaction and responds dynamically to new business opportunities.

The role can start immediately but can have a delayed start of up to six months depending on the successful applicant studies.

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