Equity Research Summer Internship Program

Job Description

Here is the enriched job description:

About the Job: Equity Research Summer Internship

This job posting is promoted by Lensa, a career site for job seekers in the US. Lensa is not a staffing firm and does not hire directly for this role. Instead, it promotes jobs on behalf of direct clients, recruitment ad agencies, and marketing partners. Lensa partners with DirectEmployers to promote this specific job for T. Rowe Price. Clicking “Apply Now” or “Read more” will redirect you to the job board/employer site, where any information collected will be subject to their terms and privacy notice.

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About T. Rowe Price

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with over 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident.

We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity. Join us for the opportunity to grow and make a difference in ways that matter to you.

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Role Summary: Equity Research Summer Internship Program

The Equity Research Summer Internship program is a ten-week undergraduate internship designed to provide associates with a comprehensive experience in the investment management industry. The primary goal of the internship is to evaluate the associate’s potential to return after graduation for our full-time Associate Analyst program. Rising juniors who demonstrate strong performance will be eligible for return internship offers for the following summer.

Key Opportunities and Responsibilities:
• Conduct fundamental research on an assigned industry and 1 – 2 companies within that industry.
• Receive training and mentorship from our experienced investment platform.
• Analyze financial statements, industry trends, and competitive landscapes.
• Build 3-statement financial models to inform investment recommendations.
• Provide strategic investment insights, moving beyond mere number crunching.
• Present investment ratings and recommendations to senior investment professionals.

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Qualifications

Required:
• Minimum sophomore status (2025-2026 school year) at an accredited four-year university.
• A strong academic record with a 3.5 GPA or higher.
• Undergraduate students matriculating (graduating) between December 2026 and June 2028 are eligible to apply.

Preferred:
• Strong interest in the markets and equity research.
• Strong academic background and demonstrated intellectual curiosity.
• Highly motivated, self-starter with the ability to work independently and collaboratively.
• Effective verbal and written communication skills.

FINRA Requirements:
• FINRA licenses are not required and will not be supported for this role.

Work Authorization:
• Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States (e.g., H1-B visa, F-1 visa (OPT), TN visa, or any other non-immigrant work status).

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Work Flexibility

This role is eligible for hybrid work, allowing for up to one day per week from home.

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What To Expect After Applying

1. Eligibility Verification (3-5 minutes): You will receive an email and text message prompting you to answer a few questions to verify your eligibility. If you apply for multiple jobs, you will receive separate invitations for each role and will need to respond to each.
2. Video Responses via HireVue (20-30 minutes): If deemed eligible, you will be asked to record video responses to introductory questions using our vendor partner, HireVue. Please read all instructions carefully before responding. Some questions may have set time limits or limited retakes. This is an opportunity to share more about your background and interest than a resume alone can convey.

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Base Salary Ranges

The base salary for this internship is consistent across specified locations:
• $90,000 – $90,000 for the location of: Maryland, Colorado, Washington and remote workers
• $90,000 – $90,000 for the location of: Washington, D.C.
• $90,000 – $90,000 for the location of: New York, California

Placement within this range is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

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Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. Our company culture thrives on inclusion, sustaining a work environment where associates can bring their best selves to work every day. The diverse backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives, driving our business priorities forward and enabling strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

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Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.

Featured Employee Benefits To Enrich Your Life:
• Competitive compensation
• Annual bonus eligibility
• A generous retirement plan
• Hybrid work schedule
• Health and wellness benefits, including online therapy
• Paid time off for vacation, illness, medical appointments, and volunteering days
• Family care resources, including fertility and adoption benefits

Learn more about our benefits: T. Rowe Price Benefits

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Equal Opportunity Employer Statement

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.

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Questions?

If you have questions about this posting, please contact support@lensa.com.