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This position has closed. Baird removed this listing from their careers page on Oct 6, 2026. The interview prep below is still useful, and there are similar open roles at the bottom of this page.

Equity Capital Markets Analyst

Baird · Milwaukee, WI · $110,000–$125,000 a year · Full time

Posted Sep 1, 2026 · We last checked this listing on Oct 4, 2026

Likely interview questions for this role

Written from this job description, not a generic list. Each one notes what the interviewer is really checking.

About your past

This is an analyst role supporting public offerings and financing transactions in equity capital markets. Why equity capital markets rather than coverage banking?

What they are checking: Whether they have a genuine reason for choosing equity capital markets specifically, rather than just wanting any banking job.

You'd provide analytical support and contribute to business development through research and pitch preparation. What makes a pitch book persuasive rather than thorough?

What they are checking: Whether they know a pitch book persuades through a clear story, not by including every possible chart and number.

What would you do

The posting names using artificial intelligence tools to streamline pitch books and models. Where would you trust one of those tools, and where would you check every number yourself?

What they are checking: Whether they use AI tools with care and check every number that reaches a client, rather than trusting output blindly.

You find an error in a model an hour before it goes to a client. What do you do?

What they are checking: Whether they flag an error immediately even under deadline, because a wrong number in front of a client damages trust badly.

This is based in Milwaukee. What is your honest expectation of the hours, and what would you want to know about the desk's deal flow before you took it?

What they are checking: Whether they have a realistic view of the hours and ask sensible questions about deal flow before taking the job.

About the work

Walk me through what happens in an initial public offering from mandate to pricing.

What they are checking: Whether they understand the full IPO process from mandate to pricing, since an analyst supports every step of it.

How would you think about pricing an offering — what drives where it lands?

What they are checking: Whether they understand what drives offering price, such as demand, comparables and market conditions, which is the desk's core judgment.

It also names using data visualization software to generate insight. What have you built, and what did it show?

What they are checking: Whether they have actually built visualizations that revealed something useful, rather than just listing software on a resume.

You'd partner across investment banking and sales and trading. What does the trading side know that banking does not?

What they are checking: Whether they understand what the trading side sees about investor demand and market conditions that bankers often do not.

You'd facilitate due diligence. What does an analyst actually do in a diligence session?

What they are checking: Whether they know what analysts actually do in diligence, like preparing questions and tracking answers, rather than only the term.

Practice this interview out loud.

Offer builds a real interview for this exact role at Baird from your resume and this job description, asks the questions one at a time, and tells you what landed. The first one is free.

Practice this out loud

The full job description

As published by Baird.

High-profile deals, major growth, the right people behind you. Grow far at Baird. ​ Baird offers a different kind of start to a career in investment banking, built on high-performing teams and a culture that supports your growth. ​ Here, you’ll build skills through real transactions, close collaboration with peers and mentors, and a culture focused on shared success.​ ​ ​What You’ll Do​ Learn by doing and be trusted with meaningful work from the jump​ • Provide analytical support on public offerings, financing transactions and other financial advisory services for our clients • Contribute to business development efforts through research, analysis, and preparation for client meetings and pitches​ • Work side-by-side with both junior and senior investment bankers, gaining hands-on experience across every stage of a deal ​ • Partner across the investment banking and sales & trading platforms to drive transaction advisory and deal execution • Use AI tools like Rogo and auxi to streamline the creation of pitch books and models, and employ data visualization software like Power BI to generate data-driven insights and reports for client materials What You’ll Gain​ The kind of environment that turns early talent into lasting careers​ • Contribute to every stage of a transaction, from conducting research to facilitating due diligence​ • Gain insight into how teams collaborate across geographies, sectors, and specialties to support client objectives​ • Take on meaningful responsibility and contribute to conversations with investor and corporate management clients around the world​ • Grow in a culture built on respect and shared values, where ambition and collaboration go hand-in-hand and hard work is recognized through opportunity​ What It Takes​ We’re looking for people who want to go far, and go together​ • A candidate energized by learning, teamwork, and real responsibility​ • 12–24 months of full-time work experience (investment banking preferred)​ • A proven academic record and a passion for finance (a finance degree is helpful, but not required)​ • Drive, resilience, and a strong work ethic​ • Ability to work independently and thrive in a collaborative setting​ • Strong mathematical, writing, and verbal skills; relevant software proficiency​ • SIE and Series 79 licensing preferred (or the ability to obtain them quickly)​ • Experience with AI tools such as Rogo, CoPilot, and auxi is preferred • Familiarity with data visualization tools such as Power BI, Tableau, or similar Compensation and Benefits: • $110,000 - $125,000 annual salary with bonus potential • Compensation and bonus are commensurate with experience, performance and/or GIB profitability In addition to a strong culture that is focused on health and well-being, our organization offers competitive total compensation packages and comprehensive benefits including: protected Friday night and Saturdays, periodic sabbaticals during career, shareholder opportunities, mandatory paid time off (PTO) and robust 401k match and profit-sharing contribution Note to External Recruiters / Search Firms: Baird does not accept unsolicited resumes and will not compensate for any placement resulting from such submissions. Any unsolicited resumes received will not be treated as valid applications. Baird is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status. Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law.