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Internship - Equity Asset Management Research Analyst, Growth Team (Summer 2027)

Baird · Milwaukee, WI · Full time

Posted Aug 21, 2026 · We last checked this listing on Oct 6, 2026

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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

Tell me about something you researched deeply because you were curious, not because it was assigned.

What they are checking: The curiosity this posting names as a requirement.

Baird also posted a securities processing internship and a year-round accounting and finance internship. Why equity research for you?

What they are checking: Self-placement among the three internships posted together.

This is a Summer 2027 internship, full time onsite in downtown Milwaukee, for May 2028 graduates with a grade point average of at least 3.5, and Baird states it will not sponsor a visa now or in future. Do those fit, and what do you want to know about how much independent work an intern actually gets?

What they are checking: Direct check on the stated academic bar, term and eligibility.

What would you do

How would you start researching an industry you know nothing about?

What they are checking: Research method from a standing start, which is most of the job.

You present an idea to the investment team and a portfolio manager disagrees. What do you do?

What they are checking: Holding or revising a view in front of people more experienced.

How do you decide when you have done enough work on a name to form a view?

What they are checking: Knowing when research stops, which separates analysts from readers.

About the work

Pitch me a stock. Walk me through the thesis and what would prove you wrong.

What they are checking: Investment thinking and, more importantly, whether they can state a disconfirming condition.

This team runs mid cap and small to mid cap growth strategies. What do you understand about what makes a company a growth investment rather than a cheap one?

What they are checking: Understanding of the specific style this team runs.

What have you used FactSet or Bloomberg for, and what did you learn about the data's limits?

What they are checking: Tool familiarity plus skepticism about the numbers.

What would you listen for on a company earnings call that would not show up in the numbers?

What they are checking: Qualitative judgment beyond the model.

Practice this interview out loud.

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The full job description

As published by Baird.

About the Role: Baird’s Equity Asset Management Growth team currently manages over $1 billion in two long-only, institutional strategies: Mid cap growth and Small/Mid cap growth. The team’s five portfolio managers and two research analysts focus on investing in high-quality, profitable growth companies over a long-term investment time horizon. Interns will be expected to be active participants in a variety of research projects and discussions throughout the summer. They will also have the ability to gain knowledge of the equity asset management industry (the “buyside”) via regular interactions with research analysts and portfolio managers, including attending research meetings to discuss portfolio holdings and construction. Learn more about the team here . This internship requires working full time during the summer, 37.5-40 hours per week, Monday-Friday in our downtown Milwaukee, WI office. We are seeking a student who can start in June 2027. The Impact You’ll Make: • Shadow and participate in various research projects as directed by both analysts and portfolio managers • Research specific stocks and industries based on current portfolio needs • Use either FactSet or Bloomberg data and information to supplement or create company and portfolio analysis • Present investment findings to the investment team and discuss the thesis on an idea, potentially completing a full write-up of a stock pitch utilizing the team’s PRIME process • Prepare and potentially participate in company and analyst meetings and conference calls • Bring energy to the team and actively contribute to our culture of continuous improvement What You’ll Bring to Baird: • Pursuing a bachelor’s degree in finance, accounting, business or another quantitative discipline, applied investment programs preferred • Anticipated graduation date of May 2028 and minimum GPA of 3.5 or higher • Curiosity and interest in researching and understanding businesses, along with a general appreciation for the stock market and investing • Strong interpersonal communication skills, both oral and written; A high level of professionalism is mandatory • Strong organizational skills and the ability to work with minimal supervision, yet willingness to take direction; Detail-oriented individual with ability to handle multiple tasks simultaneously • Knowledge of FactSet or Bloomberg is a plus About Our Intern Program: Jumpstart your career with Baird’s high-impact summer intern program! You’ll gain real-world experience, connect with inspiring leaders and grow through hands-on projects, mentorship and dynamic events. From our Intern Welcome and Baird Gives Back Day to firmwide networking and professional development, you’ll be part of a vibrant, collaborative culture that values your voice and fuels your future. 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.

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