Research Team Programs - Internship

Eligibility
● CFA Level 1; &
● 6 - 12 months experience in:

Private Equity / Venture Capital
Front-End Investment Banking
Back or Middle Office roles in a bulge bracket investment banking firms
supporting their front-end IB team
Investment Banking KPO
Financial Due Diligence in Big 4
Commercial Due Diligence in top tier Consulting Firm (MBB, Alvarez &
Marsal, AT Kearney, Praxis Global, etc.)
Credit Rating agency

Equity Research
● Candidates not eligible for the Management Trainee Program due to education or
experience, or those unable to meet the cut-off percentile for the Management
Trainee Program, but demonstrating keen interest and a hunger for business,
finance, entrepreneurship, and/or investment toward investment banking.

Program Duration
24 months of the internship program (6 months under Internship Program + 6 months under
Management Training Program + 6 months under the Junior Fellowship Program + 6 months
under the Senior Fellowship Program)

Compensation
• First 0-6 months (Internship Program) ₹30,000 per month
• Next 7-12 months (Management Training Program) ₹40,000 per month
• Final 13-18 months (Junior Fellowship Program) ₹55,000 per month
• Final 19-24 months (Senior Fellowship Program) ₹65,000 per month

Intake : 2 candidates every quarter

What You Can Expect
● Front-end role – direct interaction with start-up founders from Day 1
● Understanding of the full deal cycle – right from first call with the founder to the time
money is in the bank
● Understand Dexter’s thesis unique lens of start-up evaluation

What You Will Work On
● Interaction with start-up founders from day 1 in evaluation of potential deals
● Assisting the deal lead in entire deal execution including being part of Dexter-Investor
calls Company-Investor calls
● Collateral preparation including financial model, IM, Teasers, competition
benchmarking, valuation comps, etc.
● Coordination of various due diligence processes (tax, financial, legal, etc.),
investor/client calls meetings, etc
● Deal documentation closure processes
● Industry/sector research for deal sourcing assist in finalizing M&A/VC/PE mandates
● Preparation and updation of marketing materials for clients, media, conferences, etc.
● Updating internal MIS/databases

How to Apply
● Interested candidates may apply with their resume by filling the form (by clicking in
Apply Now at the bottom).
● Post filling the form, we will share the assessment test link with the selected
candidates. The test would have a moderate difficulty level and would be time-bound
so the candidate(s) may brush up on their knowledge and may give some mock tests
before appearing for the actual test. A percentile method with a minimum cut-off
score would be used to shortlist candidates.
● On clearing the test, the selected candidates thereafter would need to go through a
rigorous interview process with a minimum of 2 rounds which can last up to 4 rounds
before final selection can be made.
● If the candidate does not get shortlisted, he/she may re-apply again after in 3 months
upon improving his/her skillset.
● The selected candidate would be on a contract basis while undergoing training and
would convert into a full-time employee post-successful completion of the program.
● The candidate will be required to enroll in any of the online courses approved by
Dexter.
● The expenses including fees for undergoing the training and taking up online courses
shall be required to be borne by the candidate and the same will be reimbursable on
successful completion of the academic program. i.e when the candidate has not only
completed the program for training purposes but also score a “pass” grade from such
a program. Subject to successful completion of the academic program as defined
above, the expenses/fees incurred for undergoing the above training program will be
reimbursed once the candidate completes the 2 years of continuous employment
with Dexter from the date of initial enrolment in the said academic program.
● While undergoing the study course, in parallel, the candidate would be expected to
work with Dexter team and devote full professional time to complete the expected job
responsibilities.
● The duration of each program i.e internship, management training and the two
fellowships (including the study course) will be 6 months.
● Post successful completion of the internship and based on the supervisor’s
evaluation (2 evaluations every two months and a final evaluation at the end of the
internship), the Internship Program may be converted into the Management Training
Program which post successful completion and upon evaluation may be further
converted into a Junior Fellowship Program. Upon successful completion and
evaluation of performance in Junior Fellowship Program a Senior Fellowship program
may be offered; and on completion of this Senior Fellowship Program and upon
evaluation – a full-time offer of employment for the role of Investment Banking

Analyst may be extended to the candidate.
● In the event, the candidate has not completed the academic program or the
candidate’s performance has not been at the desired level, and a full-time offer is not
extended, the program duration may be extended by 3 to 6 months in which the
candidate would be required to overcome the deficiencies as pointed out in
evaluation and convert this into a full-time position, failing which a full-time offer shall
not be extended.
● The program can be terminated at any point in time in the event of indiscipline; lack
of sincerity towards work or other extraordinary circumstances.
● Candidates are also encouraged to enroll for CFA Level -1/2/3 examination fee for
the same will be initially borne by you and would be reimbursed upon (a) you
successfully scoring a “pass” grade in the said CFA exam and (b) completion of 12
months from becoming a full-time employee or CFA results whichever is later.
● Company does not provide any relocation expenses.
● The candidate while pursuing the program would not have access to Company’s
insurance/health care benefits. However, once the candidate converts into full-time
employment then standard healthcare/insurance benefits which are applicable to all
other team members would be available.
● Note: Please note that any candidate joining one of our programs is required to have
his/her own laptop for work. The company will not be providing laptops.