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This ain’t your typical summer school: New York City’s Lerer Ventures today announced Summer School VC, a new program that will show students what it’s like to be a venture capitalist.

Applications for Summer School VC are being accepted until May 24, after which the firm will choose 15 to 20 students to participate. It’s a month-long program — running from June 25 to July 23 — at Lerer’s New York City offices.

Max Stoller, the Lerer Ventures analyst heading up Summer School VC, describes it as an “intensive training program for venture capitalists.” Students will learn about the day-to-day operations of a VC firm and gain an insider’s perspective on the mysterious world of the people bankrolling startups.

“If you want to be a part of the next round of VC analysts or associates, it’s a great program for you,” Stoller said in an interview this morning. “[Similarly] if you’re a student thinking about starting a company and raising capital.”

The firm has been thinking about running a summer program for a while now, and the task fell to Stoller after joining Lerer Ventures in January. Upon completion of the program, he told me, students will also be able to take advantage of the firm’s contacts within the VC and startup community.

Once Summer School VC is over, Stoller says, Lerer Ventures may end up open sourcing some of the teaching materials. NYC’s ff Venture Capital also recently announced the ff Fellows Program, its own summer program for budding entrepreneurs.

Photo: Devindra Hardawar/VentureBeat