Investment Analyst – MBA Internship

Zuckerman Investment Group; Chicago (IL); On-site; USD 112,000 - 167,000; Full time

Job summary

Zuckerman Investment Group in Chicago offers a graduate internship focused on investment research and portfolio management. You will work closely with experienced professionals on equity ideas, financial modeling, and research materials.

The role requires pursuing a Master’s degree with a GPA of 3.5 or higher and an interest in CFA certification. The program provides hands-on exposure to markets, with mentorship and opportunities to engage with high-net-worth clients.

Qualifications

• Pursuing or recently completed Master's degree (MBA/MS in Finance/Economics)
• Minimum GPA 3.5 on a 4.0 scale (overall or major)
• Pursuing CFA® Charter (preferred)

Responsibilities

• Exemplify the core values of Zuckerman Investment Group.
• Assist in sourcing, researching, and evaluating new equity investment ideas within the firm’s investment process.
• Support the development and maintenance of detailed financial models, including company forecasts and valuation analyses.
• Contribute to the preparation of investment memorandums and internal research materials.
• Help maintain and develop research relationships by assisting with interactions with company management, industry contacts, and research vendors.
• Perform fundamental analysis of companies across a variety of sectors under the guidance of senior investment professionals.
• Develop actionable insights by consuming and distilling large quantities of information from a variety of sources.
• Conduct research on broad market trends, industry developments, economic conditions, and policy to inform decisions.
• Gain exposure to client portfolio discussions and high-net-worth client communications.
• Participate in marketing meetings with consultants, advisors, clients, and prospects.
• Build foundational knowledge of financial markets and assist in developing tailored investment insights.
• Support risk analysis in client portfolios and ensure regulatory compliance.

Skills

Investment research

Financial markets

Portfolio management

Financial modeling

Microsoft Office

Financial data platforms

Education

Master's degree (MBA/MS/ Economics)

GPA 3.5/4.0

CFA Charter (preferred)

Tools

FactSet

Bloomberg

Job description

Zuckerman Investment Group is a family owned and independent wealth management firm based in Chicago, IL. Established in 2005 by its founders Daniel Zuckerman and Sherwin Zuckerman, today the firm has grown to oversee $2.1 billion in AUM, spanning over 300 families and individuals across multiple generations.

Zuckerman Investment Group offers a holistic spectrum of services, including comprehensive wealth management, proprietary asset management, and family legacy planning. The firm is fully engaged with clients in respect to their needs and desires around capital preservation, cash flow requirements, risk tolerance, efficient wealth transfer, philanthropy initiatives, and legacy.

We are a results-driven firm with high achieving, motivated employees who value opportunities to take on complex problems, interesting projects, and share innovative ideas. We believe in cultivating relationships both internally and externally and are looking for someone to join our team who is committed to developing strong connections in a truly collaborative environment.

JOB DESCRIPTION

Zuckerman Investment Group is seeking motivated and intellectually curious graduate interns with a strong interest in investment research and financial markets. The ideal candidate is a driven, hardworking continuous learner who is passionate about in-depth fundamental analysis and understanding how businesses and markets operate.

This internship offers hands-on exposure to equity research and portfolio management. Interns will develop strategic thinking, investment and business knowledge, and analytical skills while working closely with experienced investment professionals.

JOB FUNCTION RESPONSIBILITIES:

• Exemplify the core values of Zuckerman Investment Group.
• Assist in sourcing, researching, and evaluating new equity investment ideas within the firm’s investment process.
• Support the development and maintenance of detailed financial models, including company forecasts and valuation analyses
• Contribute to the preparation of investment memorandums and internal research materials.
• Help maintain and develop research relationships by assisting with interactions with company management, industry contacts, and research vendors.
• Perform fundamental analysis of companies across a variety of sectors under the guidance of senior investment professionals.
• Develop actionable insights by consuming and distilling large quantities of information from a variety of sources, including, but not limited to, research reports, industry news, news publications, company press releases and presentations, social media, primary sources, subject matter experts, etc.
• Conduct research and analysis on broad market trends, industry specific developments, economic conditions, and regulatory, fiscal and monetary policy to inform decision-making.
• Gain exposure to client portfolio discussions, including observing or assisting in communications with high-net-worth clients regarding their investment portfolios.
• Participate in marketing meetings with consultants, advisors, clients and prospects under the guidance of senior investment professionals.
• Build foundational knowledge of financial markets and assist in developing tailored investment insights and solutions.
• Support risk analysis efforts in client portfolios, managing exposure to various asset classes and ensuring compliance with regulatory requirements.

SKILLS & EXPERIENCE:

• Demonstrated interest in investment research, financial markets, and portfolio management through coursework, internships, academic projects, or personal investing.
• Exposure to researching companies, including financial analysis, valuation, or industry research.
• Previous experience researching software and technology companies preferred but not required.
• Highest standards of professionalism, integrity, and confidentiality.
• Outstanding work ethic, attention to detail and ability to work well on a team and cross functionally.
• Proven ability to grasp and comprehend highly complex, widely varied problems and concepts and then communicate them in a simple, straightforward manner.
• Insatiable intellectual curiosity and an unrelenting desire to learn and understand “how things work.”
• Demonstrated ability to build strong relationships and communicate clearly and effectively with all members of the firm, including firm leadership and Partners.
• Proficiency with Microsoft Office.
• Familiarity with financial data platforms such as FactSet and/or Bloomberg preferred, but not required; willingness and ability to learn is essential.

EDUCATION QUALIFICATIONS:

• Currently pursuing or recently completed a Master's degree, such as an MBA, MS in Finance, or MS in Economics.
• Minimum GPA of 3.5 on a 4.0 scale required (overall or major GPA); academic excellence strongly preferred.
• Pursuing or interest in pursuing CFA® Charter holder (preferred).

COMPENSATION:

The salary range for this position is $10,000 to $15,000 per month, depending on factors such as relevant experience, skills, job-related knowledge, individual performance, job level, and market location. Actual compensation offered may vary based on these factors.

Visa sponsorship is not available for this position.