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.
How to Become an Equity Research Internship
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.
What Does an Equity Research Internship Do
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.
How To Become an Equity Research Internship
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.
Equity Research Internship Career Paths
As you move along in your career, you may start taking on more responsibilities or notice that you've taken on a leadership role. Using our career map, an equity research internship can determine their career goals through the career progression. For example, they could start out with a role such as analyst, progress to a title such as consultant and then eventually end up with the title finance vice president.
Average Salary for an Equity Research Internship
What Am I Worth?
Top Colleges for Equity Research Internships
1. University of Pennsylvania
Philadelphia, PA • Private
2. Northwestern University
Evanston, IL • Private
3. University of Southern California
Los Angeles, CA • Private
4. San Diego State University
San Diego, CA • Private
5. Boston University
Boston, MA • Private
6. SUNY Stony Brook
Stony Brook, NY • Private
7. New York University
New York, NY • Private
8. University of Notre Dame
Notre Dame, IN • Private
9. University of Minnesota - Twin Cities
Minneapolis, MN • Private
10. Stanford University
Stanford, CA • Private
Top Skills For an Equity Research Internship
The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 26.1% of equity research interns listed financial models on their resume, but soft skills such as computer skills and math skills are important as well.
Choose From 10+ Customizable Equity Research Internship Resume templates
Zippia allows you to choose from different easy-to-use Equity Research Internship templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Equity Research Internship resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Equity Research Internship Demographics
Equity Research Internship Gender Distribution
After extensive research and analysis, Zippia's data science team found that:
- Among equity research interns, 25.9% of them are women, while 74.1% are men.
- The most common race/ethnicity among equity research interns is White, which makes up 58.8% of all equity research interns.
- The most common foreign language among equity research interns is Spanish at 21.7%.
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How Do Equity Research Internship Rate Their Jobs?
Top Equity Research Internship Employers
Most Common Employers For Equity Research Internship
| Rank | Company | Average Salary | Hourly Rate | Job Openings |
|---|---|---|---|---|
| 1 | Citi | $145,666 | $70.03 | 7 |
| 2 | UBS | $141,218 | $67.89 | 18 |
| 3 | Credit Suisse | $138,726 | $66.70 | 10 |
| 4 | State Street | $135,377 | $65.09 | 5 |
| 5 | Morgan Stanley | $132,895 | $63.89 | 13 |
| 6 | J.P. Morgan | $132,862 | $63.88 | 7 |
| 7 | Piper Jaffray | $131,335 | $63.14 | 7 |
| 8 | Oppenheimer & Co | $129,494 | $62.26 | 8 |
| 9 | Janney Montgomery Scott | $125,584 | $60.38 | 5 |
| 10 | Bank of China USA | $124,168 | $59.70 | 8 |