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.
There is more than meets the eye when it comes to being an equity research internship. For example, did you know that they make an average of $34.25 an hour? That's $71,236 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 20,300 job opportunities across the U.S.
There are certain skills that many equity research interns have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, math skills and analytical skills.
If you're interested in becoming an equity research internship, one of the first things to consider is how much education you need. We've determined that 75.0% of equity research interns have a bachelor's degree. In terms of higher education levels, we found that 21.4% of equity research interns have master's degrees. Even though most equity research interns have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an equity research internship. When we researched the most common majors for an equity research internship, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on equity research internship resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an equity research internship. In fact, many equity research internship jobs require experience in a role such as internship. Meanwhile, many equity research interns also have previous career experience in roles such as finance internship or investment banking internship.