Investment Research Graduate Programme

Investment research is about understanding where value lies. We look at opportunities from every angle and use creativity for in-depth qualitative and quantitative analysis of businesses, industries and broader societal changes. Working to find investments that will grow clients' funds over the long term.

Recruitment for our 2027 programmes is now live. Applications close on 3rd November 2026.

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Having an inquiring spirit and unique perspective is where we see the value in you. We understand that teams thrive when various backgrounds and interests come together with a curiosity about the world and a desire to learn. So, whether philosopher, mathematician, politics graduate or career changer, you can find your value here.

After an induction to the firm and our investment culture, the programme offers three one-year rotations in different teams before finishing with a two-year placement in another.

You’ll find that each team has its own distinct approach and investment philosophy, but all have the same purpose: to drive positive returns for our clients. So, whether those are councils, pension funds or governments, we’re dedicated to helping them meet their income and savings goals.

There are many Equity teams at Baillie Gifford - including Long Term Global Growth, Global Alpha and Global Income. They provide the thinking behind our Scottish Mortgage, Monks Trusts and Scottish American Investment Company (SAINTS). We have geographical teams such as Japan and US, as well as others with distinct themes such as Positive Change and Private Companies. You won’t have the chance to work with every team, but varied rotations will ensure you develop a broad understanding of the different approaches to equity investing.

As you research and imagine the long-term prospects for various companies, industries, and societal changes, we expect you to form robust opinions and write insightful reports. For example, we might ask you to research a mining company one month, semiconductors the next, and a fashion house after that.

Investing in equities carries an asymmetric risk: good decisions can make our clients many times their original investment, while failure is limited to what they put in.

All our roles are permanent. You don’t need to have graduated recently to apply. When you join us, we’ll support you as you drive your career and development from the start.

From the start, you’ll have a clear path and the support you need to develop.

You’ll have a manager in each rotation and a mentor throughout, so there’s always someone to turn to for advice.

You’ll build your skills through a mix of formal learning, on-demand modules, feedback on your research and regular conversations with colleagues.

In your first two years, you’ll work towards the IMC (Investment Management Certificate) and CFA (Chartered Financial Analyst) Level 1, with training, fees and study leave provided.

Alongside this, you’ll continue learning on the job and through in-house training, with opportunities to attend conferences and industry events.

You’ll take ownership of your development, and your growth won’t stop after your initial training. You might move into fund management or join our Clients Department, and many of our partners started their careers in investment research.

We are looking for curiosity about the world, a breadth of thinking, an ability to join the dots of seemingly unrelated topics to identify hidden investment opportunities and find those companies which can grow into the future.

We are looking for curiosity about the world, a breadth of thinking, an ability to join…