Off-Cycle Internship Programme Germany 2025

BlackRock’s purpose is to help more and more people experience financial well-being. As a global investment manager and a leading provider of financial technology, our clients—from grandparents, doctors, and teachers to large institutions—turn to us for the solutions they need when planning for their most important goals. We are building a culture of innovation, curiosity, and compassion, one that enables every employee to make an impact.

The internship program

Offered in our Continental Europe offices, our off-cycle internship is suited for students from any academic background who are looking to secure a 6-month internship. You’ll have real-world responsibility from day one and contribute to our success in helping to meet the evolving needs of our clients.

The Off-cycle Internship Program acts as a feeder to the Full-Time Analyst Program.

To succeed at BlackRock, you should be curious and motivated to solve some of the world’s most complex challenges. You should be willing to step outside your comfort zone, open to new ways of thinking and passionate about helping people from all walks of life build a better financial future.

Eligibility 

Candidates should be in their penultimate year of studies and graduating from an undergraduate or a master’s degree program in 2026. We welcome applications from candidates studying any degree subject.

Please note that local language fluency is required to work at our Continental Europe locations. When applying, you’ll have to answer one virtual cover letter question in the local language. However, only English is required for Budapest or for a position within Equity Private Markets in Zurich.

Application deadline

Applications are reviewed on a rolling basis and we encourage students to apply as soon as they feel ready.

Our business areas

At BlackRock, you can have a career that’s exciting, rewarding and full of possibilities. BlackRock offers off-cycle internships in the following business areas in Germany:

Investments - Alternatives - Credit

• As allocations grow, Alternative investments play an increasingly critical role in portfolios. BlackRock offers access to a broad spectrum of alternative investments in Alternative Solutions, Hedge Funds, Credit, Private Equity, Real Estate and Infrastructure. Each business is responsible for strategic planning and oversight as well as investment management activities.
• Credit is comprised of liquid and illiquid credit products designed to meet specific client risk, return and liquidity profiles across all geographies. BlackRock has expertise in opportunistic and distressed debt, specialty finance, middle market investing, high yield, leverage loans and CLOs. Our team is global with investment professionals in Americas, Europe, and Asia.
  • Location: Munich

Sales & Relationship Management - iShares & Wealth

• Develop and deliver investment products and solutions for clients worldwide. Create marketing strategies around these solutions and use them to build new client relationships.
• The iShares & Wealth sales team establishes and maintains relationships with clients across numerous distribution channels. The iShares & Wealth team has two target segments: Wealth and Institutional.
  • Location: Munich

Application

Once you’ve submitted your online application, you will be asked to complete a virtual cover letter. Think of this as an opportunity to give us your elevator pitch – it is not an interview but will be considered along with your resume. This must be completed within 5 calendar days of submitting your initial application, for each business area you apply for.