The Schwab Intern Academy is a nine-week paid summer program across 13 business tracks, from investor services and finance to technology and internal audit. Every position is on site at a Schwab office or branch, with no remote and no international placements, which makes it a different shape of program than most tech-company internships.
Schwab Intern Academy tracks
| Track | What it covers |
|---|---|
| Investor Services | Branch network, core service and support, and international services |
| Finance, Wealth & Advice Solutions | Corporate finance and advisor-facing analysis work |
| Technology | Software engineering and infrastructure supporting Schwab's platforms |
| Corporate Risk Management | Risk analysis and compliance-adjacent projects |
| Human Resources, Marketing, Internal Audit, Operations, Strategy | Business-function tracks open across corporate teams |
Schwab lists more tracks than most company internship programs, since it runs the Academy as one shared onboarding structure across every business function rather than separate programs per team. Which tracks are actually open in a given cycle depends on hiring need, so check the live board below and schwabjobs.com for what's posted right now.
What Charles Schwab actually does
Schwab is a large brokerage and wealth management company. It holds and manages investment accounts, retirement plans and banking products for individual investors and the financial advisors who serve them. That's a different business than an investment bank's trading floor, so most Schwab interns end up working closer to end clients and advisors than to markets.
Pay and timeline
Schwab describes the Intern Academy as paid without publishing one fixed rate across every track. Past cycles have reported hourly pay roughly in the $15 to $30 range depending on track and level. Recruiting for the following summer typically opens in the fall before, with technology roles often posted first and other tracks following through the season, so it's worth checking schwabjobs.com regularly starting late summer rather than waiting for one single opening date.
Eligibility and how to apply
You need to be enrolled in an undergraduate or graduate program tracking toward a bachelor's, master's or PhD, with a graduation date within roughly a year of the internship's end. The program requires full-time availability, five days a week, for the entire nine weeks, so it isn't a fit for students taking summer classes or holding another job at the same time.
Apply directly through schwabjobs.com once postings for your track go live, and check back every few days during the fall recruiting window since Schwab's own guidance says positions don't reopen once they close. Mention a referring employee's name on your application if you have one, since Schwab's own application guidance calls that out as worth including.
Because every position is on site with no remote option, factor housing into your decision before you accept an offer, especially if the role lands you somewhere other than Schwab's main hubs like Westlake, Texas or Phoenix, Arizona. The on-site requirement also means the interview process usually includes a real conversation about relocation logistics, not just the standard behavioral and technical questions. For a broader look at finance and banking internship timing, see our finance internships 2027 guide, and for how Schwab's pay compares to other finance-track internships, see our highest paying internships 2027 guide.
Openings at Charles Schwab right now
212 roles live right now
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Frequently asked questions
Does Charles Schwab have a summer internship program for 2027?
Yes. The Schwab Intern Academy is a nine-week paid summer program on site at a Schwab office or branch, no remote and no international placements. Tracks include investor services, finance, technology, marketing, human resources, internal audit, corporate risk management and retirement business services, among others.
What does Charles Schwab actually do?
Charles Schwab is a large brokerage and wealth management company, holding and managing investment accounts, retirement plans and banking products for individual investors and financial advisors. It's a consumer-facing financial services company more than an investment bank, so interns work closer to end clients than trading desks.
What does a Schwab internship pay and when should I apply?
Schwab describes the Intern Academy as paid, and past cycles have reported hourly rates in the $15 to $30 range depending on track and level, though the company doesn't publish one fixed number. Recruiting for the summer cycle typically opens in the fall before, with technology roles often posted first, so watch schwabjobs.com starting late summer.
What background do you need for the Schwab Intern Academy?
You need to be enrolled in an undergraduate or graduate program tracking toward a bachelor's, master's or PhD, graduating within roughly a year of the internship's end. The program requires full-time availability, five days a week, for the entire nine weeks, so it isn't a fit for students taking summer classes.