3,174 Financial Research jobs in India

Equity Research Intern | Vallum Capital Advisors Pvt. Ltd.

Vallum Capital Advisors Pvt. Ltd. is a SEBI-registered Portfolio Management firm managing ~₹1,500 crore in Indian equities. We’re looking for a driven, curious, and detail-oriented Equity Research Intern to join our Investment Team in Mumbai.

Internship Details

• Role: Equity Research Intern – Investment Team
• Location: Mumbai (in-office only)
• Duration: 6 months (full-time)
• Stipend: Paid
• Perks: Internship Certificate + potential PPO (based on performance and firm requirements)

What You’ll Do

You’ll work closely with the investment team and get hands-on exposure to live portfolio management.

Your work will include:

• Conducting fundamental research on listed Indian companies across sectors
• Building and maintaining financial models, valuations, and earnings projections
• Tracking sectoral and macro trends that impact investments
• Preparing research notes, presentations, and investment recommendations
• Monitoring company results, news flow, and portfolio performance
• Collaborating with senior analysts on live investment theses

Who You Are:

• Graduate (or final-year student) with a strong academic record
• CFA Level II preferred (CFA Level I candidates will also be considered)
• Strong interest in equity research and stock markets
• Prior internship or project experience in finance is a plus
• Analytical, detail-oriented, and comfortable with numbers
• Available for full-time, in-office work in Mumbai

Why This Internship Matters

• This isn’t a data-entry internship — you’ll be part of live research and decision-making. You’ll get to:
• Work directly with an experienced investment team
• Deep-dive into real Indian equity markets
• Develop solid analytical, modeling, and valuation skills
• Build a foundation for a long-term career in investment management

Other Details

• Work Setup: Strictly in-office. We believe in learning by doing, collaborating, and solving real-time challenges together.
• Relocation: Not provided
• Start Date: Immediate (applications reviewed on a rolling basis)

To Apply:

Send your resume to with the subject line: Application – Equity Research Intern | (Your Name)

Key Responsibilities:

1. Conduct in-depth research on companies in the Banking/NBFC or rating sectors.

2. Analyze financial statements, industry trends, and market developments.

3. Build and maintain financial models to estimate company performance and valuation.

4. Assist in providing investment recommendations and insights to institutional clients.

Requirements:

1. 2-6 years of experience in equity research in the Auto sector.

2. Master’s degree in Finance, Accounting, Economics or MBA or CA.

3. Strong analytical, problem-solving, and communication skills.

4. Proficiency in financial modelling, data analysis, and Excel.

5. Ability to work in a fast-paced environment and meet deadlines.

Department

Sell-side Research & Operation

Location

Bangalore

Experience

2+ years of experience in Equity Research

Education

Graduation + CFA L3 cleared OR MBA in Finance

Sectors Experience into Metals & Mining and Luxury Goods will be added advantage.

Key Responsibilities

Workflow could include:

• Building and updating financial models with scenario analysis
• Carrying-out DCF, relative, SOTP and other relevant valuation methods
• Developing accurate assumptions and valuation with rationale
• Screening large datasets to identify investment ideas and assisting PMs/CIOs in their investment decisions
• Discussion investment ideas and stock updates with PM/CIO
• Preparing earnings reviews, preview, attend con calls and management meetings
• Preparing pitch notes/presentations, industry and thematic notes
• Creating and updating databases
• Collecting and analyzing news
• Handling ad hoc research request
• Maintain constant communication with the client and other stakeholders

Key Competencies

The analyst should have

• Excellent financial modeling and research report-writing/presentation making skills
• Should have ability to think through drivers and KPIs across broad range of sectors
• Good client relationship management skills and communication skills
• An eye for details and ability to handle multiple workflows with tight deadlines
• Numerical abilities
• Building complex, error-free models with well-defined revenue/cost driver assumptions
• Carrying out earnings sensitivity analysis
• Providing own valuation views after carrying out relative, DCF-based or industry appropriate valuations
• Writing skills
• Writing in a logical and structured manner that requires minimal rework
• Writing bulletins and one-page summaries
• Linking macro/industry analysis to the output
• Building effective presentations
• Others
• Collecting news; summarizing and providing analysis that adds value; and preparing charts, tables, and databases

Role Overview

We are seeking an experienced Equity Research Analyst with 2– 5 years

of proven expertise in sector and stock research in the Indian Market. The successful candidate will be responsible for conducting in-depth fundamental analysis, developing and maintaining

financial models, conducting channel checks, and producing sector reports and stock

recommendations that support investment decision-making.

Key Responsibilities

• Analyze industries and companies in detail, tracking trends, policies, and performance drivers.

• Build and maintain detailed financial models for earnings forecasting and valuation.

• Conduct on-the-ground channel checks with suppliers, distributors, and industry experts.

• Publish initiating coverage reports, sector notes, quarterly updates, and thematic research.

• Develop actionable stock recommendations and share insights with clients and internal stakeholders.

• Monitor macroeconomic, global, and policy factors affecting coverage sectors.

Requirements

• 2 – 5 years of prior experience in equity/sector research.

• Qualification: CA, CFA, or MBA (Finance) from a premier institution.

• Strong financial modeling and valuation skills.

• Proficiency in research tools and financial databases (Bloomberg, Capital IQ, Ace Equity, etc.).

• Excellent analytical, report-writing, and presentation skills.

• Demonstrated ability to conduct channel checks and derive actionable industry insights.

Sectors

Sector agnostic- Multiple sectors- BFSI, Healthcare, Capital Goods, Power,

Infrastructure, Technology, Consumer discretionary, etc. Each Analyst will cover 15-20

stocks in detail.

About the Role

We are looking for a Sell Side Research Analyst to join our Equity Research team. The ideal candidate should have a strong foundation in financial modeling, valuation, and sectoral analysis, with the ability to deliver actionable investment insights and research reports for clients.

You will be responsible for sector & company coverage, developing financial models, producing thematic reports, and supporting client interactions with impactful investment recommendations.

Key Responsibilities

• Lead, mentor, and review the work of a team of research associates.
• Conduct in-depth sector and company research, including top-down and bottom-up analysis.
• Build and maintain financial models using DCF, relative valuation, and SOTP methods.
• Drive the research calendar - thematic reports, earnings coverage & IPO Notes.
• Engage with clients, media, and conferences to share research insights.
• Collaborate with senior management and the sales/trading desk to align research priorities.
• Ensure adherence to compliance and research standards.

Qualifications

• Education: MBA (Finance) / CA / CFA (preferred). Engineering + MBA (Finance) combinations are welcome.
• Experience: 5–8 years in Sell Side Equity Research, Brokerage Research, or Investment Banking, with team leadership experience.
• Technical Skills:

- Advanced Excel, Bloomberg, AceEquity, FactSet.

- Expertise in financial modeling, valuation, and data-driven research.

- Strong report writing, presentation, and communication skills.

- AI Analytics

• Leadership Attributes:

- Ability to coach and motivate analysts.

- Strong time management, attention to detail, and decision-making under pressure.

Why Join Us?

• Opportunity to lead a high-impact research team.
• Direct access to top management and exposure to institutional clients.
• A platform to build visibility and thought leadership in the equity research domain.

Job Title : Equity Research Associate

Location : Bangalore (Onsite)

Start Date : October

We are seeking an Equity Research Associate to analyze and evaluate businesses in India.

What You Will Work On:

• You will be a generalist researching a variety of business models with great emphasis on primary research and industry conversations.
• In your first year, you will dig through multiple public and private businesses in India to help build your knowledge base and our team’s research on high-quality businesses.
• You will work on diverse companies across industries ranging from green hydrogen to fast fashion to microfinance.

The Best Candidates Will Have:

• Deep intellectual curiosity and an ability to ask thoughtful questions about business models.
• Winning mentality and self-belief to take on any business in any sector and figure out the key drivers and risks.
• Mental + physical stamina to work long hours and manage several projects per month.
• Commitment to their own development and to the firm’s ambition over time.

Eligibility:

• A degree in Business, Economics, or related fields is preferred.
• BONUS points if you have prior equity research or investing experience.

Hiring: Lead Equity Research Analysts – Sell-Side Coverage (Auto, Media, Consumer)

Location: Mumbai

Experience: 3–7 years

Education: MBA / CA / CFA

Sectors -

• Auto & Ancillary
• Media & Entertainment
• Consumer

Role Overview-

An institutional equities desk is looking to onboard analysts to lead coverage across Auto , Media , and Consumer sectors. The role involves publishing high-quality research, building financial models, and engaging with Institutional Clients.

Key Responsibilities:

• Track listed companies and sector trends

• Build and maintain financial models and valuation frameworks

• Publish initiations, earnings reviews, and thematic reports

• Present investment ideas to clients and internal stakeholders

• Collaborate with sales and trading teams

Ideal for candidates with prior sell-side research experience, strong analytical skills, and the ability to generate differentiated investment ideas.

Interested candidates can share their updated CV with CTC and Notice Period on

Job Summary:

We are seeking a detail-oriented Research Analyst with a solid foundation in secondary research and a talent for transforming data into actionable insights. This entry-level role is ideal for candidates who can thoroughly analyze company and industry data, interpret key findings, and develop well-structured reports that inform strategic decisions.

Key Responsibilities:

•Conduct in-depth secondary research on companies, markets, industries, and competitors using credible sources such as regulatory filings, annual reports, databases, journals, and news media.

•Prepare comprehensive research reports with qualitative and quantitative insights tailored to project objectives.

•Extract, clean, and structure raw data from multiple sources into usable formats (Excel, PowerPoint, Word).

•Identify patterns, trends, risks, and opportunities from research data and communicate findings.

•Support internal teams (e.g., marketing, strategy, content) with timely and relevant research deliverables.

•Maintain accuracy, consistency, and attention to detail in all research outputs.

Requirements:

•Must have cleared CFA Level 1 or CA IPCC Group 1.

•6 months – 1 year of experience in secondary research, data analysis, or similar roles.

•Strong analytical and critical thinking skills.

•Proficiency in online research, source validation, and information synthesis.

•Skilled in Microsoft Excel and PowerPoint.

•Strong written communication skills with the ability to present complex data in a clear, structured format.

•Ability to handle multiple projects and deadlines in a fast-paced environment.

•Prior experience in a research agency or consulting environment is a plus.

Key Purpose:

To perform in-depth analysis of specific companies or sectors within the stock market, industry trends, and market conditions. The primary goal is to provide investment recommendations and insights to Retail & Institutional Investors. The role involves conducting Technical & Derivatives Research, generating reports, and making informed forecasts to assist clients or internal stakeholders in making sound investment decisions within the Equity Markets.

Responsibilities:

• Perform daily technical analysis of major indexes such as Nifty & BankNifty to identify trends.
• Expertise in utilizing technical analysis patterns and indicators for informed market assessments.
• Develop and backtest trading systems for performance evaluation.
• Analyze charts to formulate derivative strategies based on open interest and volume trends.
• Execute live market entry and exit decisions guided by rigorously tested strategies.
• Produce daily technical and derivative reports for internal and external dissemination.
• Conduct daily briefings on technical and derivative trends for the sales team.
• Prepare weekly technical reports for individual stocks, assessing their market performance.
• Create hedging options strategies to mitigate risk exposure.
• Provide daily Management Information System (MIS) updates on market insights and trends.
• Proficiency in algorithm development and coding skills is advantageous.

Qualifications:

• MBA / PG degree with NISM Certification (Research Analyst)
• Expertise with Excel, and PowerPoint

Experience: 3 to 5 Years