Considering a Career in Entertainment finance?
Hi Reddit,
I’m a college junior and just landed an internship at a major Hollywood movie studio as a Studio finance intern, with pay ranging from $25-35/hr. This company specializes in providing sound and production services for big films and shows. I’m curious to hear from anyone with experience in finance within the movie or entertainment industry. What’s the career path like? Is this internship a good opportunity to pursue? Looking forward to your insights!
One response
Congratulations on landing the internship! That’s an awesome opportunity and can be a significant stepping stone in your career.
Working in Studio finance is a great way to gain insight into the financial side of the entertainment industry. Here are a few things to consider:
Networking: This internship will allow you to connect with professionals in the industry. Make the most of it by getting to know your colleagues and seeking mentors—as they can be invaluable as you progress in your career.
Skill Development: You’ll likely be working with budgeting, forecasting, and financial analysis. These skills are applicable in various finance roles, both within the entertainment sector and beyond, which provides versatility in your career.
Industry Insight: Being at a big studio means you’ll be exposed to various projects and financial strategies. Understanding how financing works for different types of projects will give you a unique perspective on the business side of filmmaking.
Career Progression: Many professionals in entertainment finance start as interns or entry-level analysts and can move up to roles like financial analyst, finance manager, or even into executive positions such as CFO in production companies. It can be competitive, but having relevant experience from a reputable studio can set you apart.
Long-term Value: The compensation rate for your internship is reasonable, especially considering it’s a foot in the door at a prominent company. Internships like this can lead to full-time offers, so do your best to leave a positive impression.
Overall, it sounds like a fantastic opportunity! Embrace it, learn as much as you can, and keep an eye on the bigger picture regarding your long-term career goals. Good luck!