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Positive Experience as an SDE Intern at Fidelity Investments | PPO Offered

Software Development Intern
Former Employee
Worked at Fidelity Investments for 1 year
August 20, 2021
Bengaluru, Karnataka
5.0
RecommendsPositive OutlookApproves of CEO
Pros

The projects assigned are completely random, for example, Data Science, NLP, Full Stack with maybe Angular, SpringBoot, or NodeJS, Cloud, and AWS.

So you have to learn something new within a short time frame and also deliver a project on it. Thus, it's a great learning experience.

The people there are really friendly and helpful, truly worth the hype of Fidelity being a great workplace.

The stipend was Rs. 35,000 for 2021 interns and Rs. 40,000 for 2020 interns.

Fidelity has around 95% PPO conversion rate (this was so for all years other than 2020).

Cons

There are no cons, to be very honest.

If I am being very nit-picky, then they don't send goodies or anything to their interns, which most of the other companies do.

So, interns had to work from their own laptop (at least this happened during the 2021 interns' duration).

The PPO offered was 12.93 LPA CTC, with around 9.83 in hand (this is after all types of tax deductions), which is a little less than the rest of the financial industry standards.

Advice to Management

It's going well.

Perhaps the CTC could be made a little more competitive, even if it means sacrificing the PPO conversion rate.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
5.0
Diversity, Equity, and Inclusion
5.0
Career Opportunities
5.0
Compensation and Benefits
3.0
Senior Management
5.0

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Fidelity Investments Interview Experiences