Associate Equity Research Analyst – Equity Research

Morningstar Development Program – Equity Research | Morningstar The Tone:

This is an early career, full-time role at Morningstar, located in a hybrid capacity in Chicago, IL. Morningstar is one of the largest independent sources of fund, equity, and credit data and research globally, advocating for investors’ interests. This position is a crucial part of the Morningstar Development Program, designed to prepare recent college graduates for successful, long-term careers within the company.

As an Associate Equity Research Analyst, you will contribute to impartial ratings on stocks and provide original, influential, thoughtful, and unbiased research that empowers investors.

• Role:
  Early Career
• Type:
  Full-time
• Location:
  
  Hybrid, Chicago, IL
• Pay: $83000 yearly
• Team:
  Equity Research team, specifically a sector team
• Mission:
  Facilitate coverage of stocks and contribute materially to topical and thematic research within a sector.

• Understand:
  Acquire a deep understanding of the companies and industries your team covers by gathering and interpreting relevant research, news, and data.
• Model:
  Help teammates develop and maintain company and industry models to build your modeling expertise.
• Master:
  Develop high proficiency with Morningstar’s equity research methodologies and disciplines, including financial statement analysis and corporate finance.
• Publish:
  Support your team’s efforts to publish timely and insightful research updates aimed at a broad audience of investors.
• Collaborate:
  Work with teammates on “deep dive” research that is differentiated, substantiated, and clearly communicated.
• Advocate:
  Sharpen your awareness of behavioral biases and embody an “investors first” mindset at all times.

• Background: A bachelor’s degree, to be completed no later than May 2027, from any field of study, preparing you for an Associate Equity Research Analyst role.
• Experience:
  
  Zero to two years of full-time work experience.
• Skills:
  
  Strong reasoning and writing skills, irrepressible curiosity, high personal standards for thoroughness and attention to detail, and the ability to communicate complex ideas clearly and succinctly.
• Bonus:
  An interest in investing, coupled with a willingness to learn and a penchant for experimenting with new ways to approach questions and puzzles.