Equity Research Associate Analyst Internship – Summer 2026

T. Rowe Price • Baltimore, MD

1d • $90,000 - $90,000 • Hybrid

About The Position

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 more than 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. Role Summary The Equity Research Summer Internship program is a ten-week undergraduate internship offering associates the opportunity to: Conduct fundamental research on an assigned industry and 1 – 2 companies within the industry, supported by training and mentorship from our investment platform Analyze financial statements, industry trends, and competitive landscapes Build 3 statement financial models to inform investment recommendations Provide strategic investment insights, not just number crunching Present investment ratings and recommendations to senior investment professionals The goal of the internship is to evaluate the associate’s potential to return after graduation for our full-time Associate Analyst program. Rising juniors will be eligible for return internship offers for the following summer pending strong performance.

Requirements

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

Nice To Haves

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

Responsibilities

• Conduct fundamental research on an assigned industry and 1 – 2 companies within the industry, supported by training and mentorship from our investment platform
• Analyze financial statements, industry trends, and competitive landscapes
• Build 3 statement financial models to inform investment recommendations
• Provide strategic investment insights, not just number crunching
• Present investment ratings and recommendations to senior investment professionals

Benefits

• 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

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed