Best finance internships for sophomores: What does it mean to have a finance internship? Long-term financial planning is a major consideration. An internship may be the best way to get a better perspective on what is happening in your area and to give you a great idea of what is involved in the job. Make sure you understand the role of being an intern, as it may relate to things that you wish you knew before starting, but don’t know where to start. This internship will help you with some important financial literacy concepts that go hand-in-hand with financial planning.