How To Become An Equity Research Internship: What It Is and Career Path

What is an equity research internship and how to become one

Updated January 8, 2025

4 min read

Quoted expert

John Lyden

Equity research provides bankers and investors with detailed financial analysis and recommendations regarding whether or not to buy, sell or hold onto specific investments. Many banks and investment firms hire interns to conduct research, and data collection on various companies and investment opportunities, and these interns play a vital part in determining the financial decisions of an investment firm. An equity research intern is often an entry-level employee who works under the direction of an equity supervisor and conducts directed analysis and duties as required.

Most interns who work in equity research are college students or recent college graduates, and many have a degree in finance, business, accounting, or a related field. These individuals should be familiar with how the stock market works, and as interns should be ready to learn the trick of the trade. An equity research intern should have strong mathematical, analytical, communication, and computer skills.

An equity research intern can make up o $122,000 a year in the U.S, and the job market is expected to grow 6% by 2028.

What general advice would you give to an equity research internship?

John Lyden

Professor and Chair of Religious Studies, University of Nebraska - Omaha

Research skills (ability to find and interpret information), oral and written communication skills (ability to present information clearly), data analysis and interpretation, language interpretation and translation. Computer facility will be highly valued. Employers will include those in higher education, government, non-profits, research institutes, and museums.

ScoreEquity Research InternshipUS Average

Salary

7.9

Avg. Salary $113,236

Avg. Salary $59,228

Stability level

5.8

Growth rate 9%

Growth rate 0.3%

Diversity

5.5

Race

American Indian and Alaska Native 0.10%

Asian 14.09%

Black or African American 5.64%

Hispanic or Latino 7.67%

Unknown 4.50%

White 68.00%

Gender

female 25.91%

male 74.09%

Age - 38

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38

Stress level

5.8

Stress level is manageable

7.1 - high

Complexity level

8.4

Complexity level is challenging

7 - challenging

Work life balance

4.3

Work life balance is poor

6.4 - fair

Key steps to become an equity research internship

Explore equity research internship education requirements

Most common equity research internship degrees

Bachelor's

75.0 %

Master's

21.4 %

Associate

1.1 %

Start to develop specific equity research internship skills

Skills	Percentages
Financial Models	22.51%
Portfolio Holdings	5.68%
DCF	4.86%
Fundamental Analysis	3.59%
Valuation Models	3.52%

Complete relevant equity research internship training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New equity research interns learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an equity research internship based on U.S. Bureau of Labor Statistics data and data from real equity research internship resumes.

Research equity research internship duties and responsibilities

Manage trade executions and broker relationships for all portfolio positions across several banks, prime brokerage accounts and electronic commodities exchanges.
Perform stock fundamental analysis applying DCF valuation, multiples valuation and comparable valuation methods.
Utilize FactSet as primary source of data, analysis, and research.
Assist in the researching of equities by looking for risks that may be involve in the investment.

Prepare your equity research internship resume

When your background is strong enough, you can start writing your equity research internship resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on an equity research internship resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable equity research internship resume templates

Build a professional equity research internship resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your equity research internship resume.