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- StepStone Job Bulletin 1.30.25
StepStone Job Bulletin 1.30.25

š¢ Skills-Based Hiring: The New Standard in Recruitment
The job market is shifting as employers place greater emphasis on skills over degrees. According to the World Economic Forum, 85% of companies plan to upskill their workforce, and 70% expect to hire candidates based on in-demand skills rather than academic credentials.
š”Key Hiring Trends
ā Skills assessments and real-world experience are replacing GPA as a hiring filter.
ā AI and data literacy are among the most sought-after skills, along with analytical thinking and resilience.
ā Employers want candidates who can learn quickly, solve problems, and work effectively with AI.
For students, demonstrating skills is becoming essential. Case studies, internships, and real-world applications like StepStoneās simulations provide opportunities to gain and showcase practical experience. Staying ahead of these trends will better prepare you for the evolving job market.
š DeepSeek Has Entered The Chat
If you havenāt heard all the hype around DeepSeek, hereās the TLDR: Itās a low-cost, open-source Chinese AI model that rivals major AI models like ChatGPT.
Why does this matter? DeepSeek claims to have built its model for just $6 million, while OpenAI has spent hundreds of millions training ChatGPTāyet their performance is nearly identical. This efficiency breakthrough proves that cutting-edge AI doesnāt require massive spending and signals that China is advancing in AI faster than expected.
The AI stock rally came to a halt this week as DeepSeekās emergence sent Nvidia and other AI stocks tumbling, wiping $1 trillion from the market as investors questioned whether U.S. firms could maintain their lead. The selloff was compounded by new U.S. tariffs on semiconductor imports, adding further uncertainty
š Key Takeaways
ā” Market sentiment is powerful. The same enthusiasm that drives stocks up can cause rapid declines when competition or policy changes emerge.
šļø Global dynamics matter. Chinaās advancements in AI are a reminder that innovation is a global race with real financial implications.
šļø Policy shapes markets. New tariffs on semiconductor imports highlight how government decisions can directly impact industries and valuations.
For students interested in markets, M&A, or trading, this is a clear example of how geopolitics, innovation, and investor psychology intersect to move markets.
More to come as the AI wars heat up⦠š„
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šÆ The Latest Internships and Jobs
For a complete list of internships, check out our master job board spreadsheetāyour go-to resource for all opportunities in one place. Not all new opportunities will be featured below, so make sure to check out the full job board!
Click šļø to access!
āļø Fresh & Featured Internships
Bridgewater Associates - Investment Associate Intern - 2026 | NYC | Class of 2027 | $128/hr
HarbourVest - 2026 Summer Analyst, Secondary | NYC | Class of 2027
MUFG - 2026 Corporate, Investment Banking and Markets (CIBM) Summer Analyst Program | New York | Class of 2027 | $45/hr
Rockefeller Capital Management - 2026 Summer Analyst - Investment Banking | NYC | Class of 2027 | $48/hr
RSM US LLP - US Transaction Advisory Services Intern Summer 2026 | Multiple Locations | Class of 2027 | $33 - $39/hr
Santander Bank - Santander CIB 2026 Corporate Banking Summer Analyst Program | NYC | Class of 2027 | $53/hr
Santander Bank - Santander CIB 2026 Global Markets (Sales & Trading) Summer Analyst Program - US | NYC | Class of 2027 | $53/hr
āļø Closing This Week
MUFG - 2026 Corporate, Investment Banking and Markets (CIBM) Summer Analyst Program | SFO & LA | Class of 2027 | $45/hr