- StepStone
- Posts
- StepStone Job Bulletin 1.30.25
StepStone Job Bulletin 1.30.25

📢 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.
💡Key Hiring Trends
✔ Skills assessments and real-world experience are replacing GPA as a hiring filter.
✔ AI and data literacy are among the most sought-after skills, along with analytical thinking and resilience.
✔ 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 StepStone’s simulations provide opportunities to gain and showcase practical experience. Staying ahead of these trends will better prepare you for the evolving job market.
🐋 DeepSeek Has Entered The Chat
If you haven’t heard all the hype around DeepSeek, here’s the TLDR: It’s 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 ChatGPT—yet their performance is nearly identical. This efficiency breakthrough proves that cutting-edge AI doesn’t 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 DeepSeek’s 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
📊 Key Takeaways
⚡ Market sentiment is powerful. The same enthusiasm that drives stocks up can cause rapid declines when competition or policy changes emerge.
🌎️ Global dynamics matter. China’s advancements in AI are a reminder that innovation is a global race with real financial implications.
🏛️ 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… 🔥
Investment Banking Simulation
Sign up for our Investment Banking Simulation to gain a "day in the life" experience, build essential investment banking skills, and stand out to top employers with a performance score and LinkedIn certificate. No experience necessary!
📆 Upcoming Simulation Dates:
Monday, February 3rd @ 7:00 PM ET
🎯 The Latest Internships and Jobs
For a complete list of internships, check out our master job board spreadsheet—your 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 👇️ to access!
⭐️ 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
⌛️ Closing This Week
MUFG - 2026 Corporate, Investment Banking and Markets (CIBM) Summer Analyst Program | SFO & LA | Class of 2027 | $45/hr