Investments Graduate Development Programme 

Duration: 

2 years 

Location: 

Hybrid with regular attendance to the 215 Euston Road office (set days each week to be confirmed) 

Salary and benefits: 

£47,000 in the first year, plus a host of benefits designed to promote your work-life balance and make your time at Wellcome enjoyable and rewarding 

About Wellcome’s Investments team

Wellcome is an independent foundation which supports science to solve the urgent health challenges facing everyone. We fund a wide array of grants and initiatives to support new discoveries in science and health, and to help find solutions for three of the world’s greatest health challenges: climate change and health, infectious diseases and mental health. 

Our work is entirely funded by our £37.6 billion investment portfolio. Wellcome has generated strong, long-term returns from a wide range of financial assets around the world, including public equity, private equity, venture capital, property and hedge funds.  

The portfolio is managed by our Investments team, led by our Co-CIOs Lisha Patel and Fabian Thehos. Over the last ten years, this team’s work has generated around £29bn for our mission.  

What you’ll be doing

Joining the Wellcome Investments Team provides an opportunity to delve into investment analysis, engage in financial markets, develop your investment judgment, and understand how our long-term philosophy seeks to generate returns to support Wellcome’s mission.  

Over the two-year programme, you will have the opportunity to contribute to new investment recommendations across a variety of asset classes, assist in ongoing diligence on existing assets in our portfolio and research investment ideas. You will also have the chance to meet high calibre management teams and investment professionals from some of the best performing investment firms in the world.   

Participants gain invaluable insight by participating in our Investment Decision Meeting, which convenes weekly. This forum is where key portfolio decisions are debated and made. Interaction with the broader team deepens graduate knowledge, offering expansive insight into financial markets and the asset classes across which Wellcome invests. 

Learning and Development  

Early into your tenure, you will collaborate with your manager to map out a tailored personal development plan. This blueprint will outline the specific training and developmental objectives to be achieved through practical involvement as well as specialised training delivered by both internal and external facilitators.  

Training possibilities include, but are not limited to: 

• Investment Management Certificate (IMC) accreditation 

• Financial analysis and forecasting 

• Effective communication and presentation skills 

• Critical thinking and negotiation techniques 

As one of our recent graduates commented: 

“Wellcome’s Investments Graduate Scheme allows individuals to work on a wide range of projects across various asset classes and learn about what it means to be a truly long-term investor. The team has a very collaborative culture, and it is extremely rewarding to know that you are contributing to Wellcome’s mission.”  

You will also be matched with a mentor to guide your growth and optimise your experiences within Wellcome. 

What are we looking for? 

We encourage applications from analytical individuals who show initiative and the ability to adapt quickly, relish intellectual challenges and are eager to introduce and apply their thoughts and creativity from day one. We do not require a particular degree background but are looking for a motivated and curious individual who has a keen interest in investing and financial markets. Candidates should have strong verbal and written communication skills.  

You are invited to apply if you: 

• Possess an Undergraduate or Master’s degree achieving at least an upper second-class honours (2:1) or its international equivalent. 

• Graduated, or are scheduled to graduate between 2024 and 2026. 

• Can commence employment from September 2026. 

Key dates 

Virtual Open Evening: 1st October 2025

Applications open: 15th September 2025

Applications close: 15th October 2025

Video interviews: 23rd October 2025 to 29th October 2025

Assessment centre: 20th November 2025

Final interviews: 2nd December 2025

These dates are provisional and subject to adjustments. 

Please note that if you are invited to final interview, you will be asked to provide a CV at this stage.

We are committed to creating an inclusive workplace and strongly encourage applications from all qualified candidates, regardless of background or personal characteristics. We support equal opportunities and are dedicated to enhancing diversity and inclusion throughout our organisation.