Teenage Intern's Hedge Fund Experience Shapes Future Finance Career
Teenage Intern’s Experience at Hedge Fund Shapes Career Path
Yi Ke Cao, a 20-year-old sophomore at Singapore’s Nanyang Technological University, credits her first internship at a hedge fund at age 16 as a pivotal moment in her career development. The two-week stint, though brief, not only confirmed her interest in finance but also motivated her to pursue a business degree.
Cao’s journey into the world of finance began early, influenced by her parents who both worked in the industry. “The stories about corporate finance intrigued me,” Cao said. While money was a factor, she was also drawn to the prospect of a positive work-life balance and a great work environment.
At 16, Cao secured an internship with Modular Asset Management, a Singapore-based hedge fund, through a school work experience program. Despite the ongoing COVID-19 pandemic, the internship was conducted on-site. “I applied with a resume and video introduction, and secured the position after an interview,” Cao explained.
As the youngest intern, Cao initially struggled with imposter syndrome. “The first few days were terrifying and overwhelming,” she admitted. Lacking prior knowledge and technical skills, she had to quickly adapt and learn advanced Excel techniques.
Despite the challenges, Cao contributed by compiling profit and loss sheets and gained valuable insight into hedge fund operations. “I observed strategic discussions and decision-making processes, which gave me a real understanding of how different departments work together,” she said.
The experience solidified Cao’s decision to attend business school and pursue a career in finance. She now advises other teenagers to seek early internships for exposure to the corporate world.
This article is based on a conversation with Yi Ke Cao. Business Insider has verified her education and employment history.
