Summer 2023 Equity Research Associate Internship

At Fidelity, we build better futures and seek to deliver better outcomes for the customers and businesses we serve by constantly innovating and challenging the status quo. Throughout our history, we've dedicated nimble, hardworking, empowered teams in solving some of our customers' biggest challenges. To do this well, as a privately held company, we place a high degree of value in nurturing a work environment that attracts the best talent and reflects our commitment to being an employer of choice. It is our customer obsession, work towards thinking differently, and commitment to our people, communities, and business that has allowed Fidelity to grow from a small mutual fund company, to one of the largest and most diversified financial services firm in the world. For more information about Fidelity Investments, visit www.fidelity.com.

Looking for a best-in-class opportunity to obtain hands-on experience with fundamental analysis and the investment research process? The Equity Research Associate internship program gives interns the chance to obtain and develop the core research skills needed to jumpstart a successful and lucrative career in investment management.

Fidelity's Equity Division is responsible for handling more than 130 diversified mutual funds and more than 78 industry specific funds. Assets under management total approximately $788 billion.

Equity Research Associate interns support real investment decisions by building financial models, completing financial analysis, and conducting proprietary research. This internship gives maximum exposure into the comprehensive research process through collaboration with our managing director of research, analysts and portfolio managers.

Responsibilities

Interns will have the opportunity to conduct research to make investment recommendations on three stocks across different sub-sectors. Interns will have the freedom to do their own analytical research, communicate with corporate management teams, industry experts, and Wall Street analysts, in order to develop investment recommendations for our funds. The stock recommendations will be solely attributed to the intern and communicated to all of our portfolio managers. The research is primarily autonomous, with the opportunity to collaborate with fellow interns and use the Fidelity network around you. The program is led by our director of research, and each intern will be paired with a peer in the research department who will mentor them throughout the summer.

 

Boston, MA

June 5th 2023 - August 11th 2023

Fidelity offers competitive compensation and benefits.

As part of the summer experience, interns are matched with a member of the research department who will mentor and coach them throughout their assignment. Interns are also encouraged to attend various networking and social events where they can expand their network and deepen their knowledge of Fidelity.

Prior to starting, interns are encouraged to participate in an online training offered by Fidelity to help set you up for success. We will also provide in-depth practical skills training in the first week of the internship, as well as informal training and support throughout.

 

Top-performing interns may receive a full-time offer into our high-potential Equity Research Associate program. Upon acceptance, you would join a small class of full-time associates to continue your development after graduation. This includes regular check-ins with the Managing Director of Research, monthly meetings with your class, and ongoing mentorship. These programs begin in Boston with 4 weeks of economics, accounting, modeling, valuation, applied corporate finance and credit analysis training and culminate in a coverage assignment.