Research Analyst Associate Program (Summer 2027 Start)

Capstone•Washington, DC

42d•Hybrid

About The Position

Capstone’s Research Analyst Associate Program is designed for recent graduates and early-career professionals to gain experience in policy research and strategy. Participants are placed with one of Capstone’s sector teams—energy, healthcare, financial services, TMT, national security, or special situations—based on their interests and team needs. They work primarily on client engagements for private equity, capital markets, and corporate clients, taking on significant responsibility with support from senior analysts and mentors. The program begins August 23, 2027. The position is based in Capstone’s Washington, DC office. Employees work in person Monday through Thursday and have flexible work-from-home arrangements on Fridays. Compensation starts at a minimum of $85,000, depending on experience, with eligibility for Capstone’s annual bonus pool.

Requirements

Be a current senior graduating by Summer 2027 or an early-career professional up to one year post-graduation.
Have a strong academic record.
Be eligible to work in the United States without current or future employer sponsorship.
Demonstrate analytical ability to solve business and policy research problems using quantitative and qualitative thinking.
Have strong analytic writing and PowerPoint skills, and the ability to articulate insights and recommendations clearly.
Have strong teamwork skills and the ability to adapt to new team arrangements.
Show a strong work ethic, attention to detail, and ability to ask insightful questions.
Have an interest in how policy or regulatory changes affect investments.

Nice To Haves

M&A experience.
Data analytics or data visualization skills, such as Excel, SQL, Python, VBA, or Tableau.
Financial modeling experience.
Statistics or econometrics skills.

Responsibilities

Conduct policy research and strategy work for client engagements.
Use quantitative and qualitative analysis, primary and secondary research, large datasets, public records, and stakeholder interviews to develop insights.
Develop and clearly communicate insights and recommendations from complex information, including through analytic writing and PowerPoint presentations.
Explain insights to clients and respond effectively to their questions.
Collaborate with teams that may change frequently to complete projects averaging three weeks.

Benefits

Health insurance.
Vision insurance.
Dental insurance.
Paid vacation.
Professional development stipend.
401(k).
Eligibility for Capstone’s annual bonus pool.
Structured mentoring and training opportunities.
Exposure to a wide range of industries, geographies, and deals.
Access to client relationships and conversations.
Entrepreneurial, collaborative environment that values intellectual curiosity and superior research.