Summer 2027 MBA Research Analyst Intern

Pzena Investment Management; New York (NY); On-site; USD 134,000 - 162,000; Full time

Job summary

Pzena Investment Management, LLC is seeking MBA students for a summer Research Analyst internship in New York. Over 10 weeks, you will perform bottom-up fundamental analysis, evaluate potential deep-value opportunities, and present findings to the portfolio management team.

On-site schedule Monday–Thursday with an option to come in Fridays, you will receive extensive mentorship and build broad investment skills. The program aims to fill full-time hiring needs through the summer cohort.

Qualifications

• MBA candidate graduating in December 2027 or June 2028.
• Strong analytical and communication skills.
• Ability to work on-site at our New York office.

Responsibilities

• Conduct bottom-up analysis of potential opportunities.
• Prepare investment write-ups and present findings to portfolio managers.
• Collaborate with senior analysts and mentors throughout the internship.

Skills

Team player

Humility

Intellectual curiosity

Education

MBA

Job description

Overview:

Pzena Investment Management, LLC is a registered investment adviser and broker‑dealer managing approximately $85 billion in global equity assets. We provide equity investment management services for institutional investors, leading corporate, public and individual clients on a world‑wide basis by way of separate accounts, sub‑advised mutual funds, and other commingled vehicles since our firm founded in 1995.

Our team of over 170 employees is mostly based in our headquarters in Manhattan, and we have additional offices in London, Dublin and Melbourne. We are a growing company, in the size of our team, our locations, and our assets under management. We seek partners, not just employees, at every level in the firm and are looking for an exceptional new team member to grow with us. At Pzena, we invest in your career and have a strong track record of internal mobility.

Pzena Investment Management is a long‑only deep value manager with a successful 30‑year track record headquartered in New York. The firm currently manages over $85 billion in AUM and has experienced robust growth over time. Our mission is to be considered among the premiere value investing firms globally, and we attribute our historical success to an unwavering commitment to our value investing discipline and a relentless focus on investment excellence. We build concentrated portfolios of deeply undervalued companies by performing in‑depth, bottom‑up fundamental analysis applied to some of the most controversial and intellectually challenging investment opportunities in global equity markets.

Our team is passionate about our mission and investment process, but we also take pride in our culture of partnership and support. We hire with the goal of developing Partners who will spend their careers at Pzena, and we are proud to be consistently rated one of the best places to work in the industry.

Key Responsibilities

The Opportunity: Over 10 weeks, the summer internship is an opportunity to work as a Research Analyst on our team evaluating potential new deep value investment opportunities and presenting them to our portfolio management team.

This will involve fundamental, bottoms‑up analysis and likely interactions with company management and industry experts. Interns will receive extensive mentorship and support from experienced investors throughout the summer to help build broad investment skills and learn our differentiated approach to value investing. Our goal is to fill our full‑time hiring needs through our summer program.

Requirements

Who You Are:

• Currently pursuing an MBA graduating in December 2027 or June 2028.
• We are open to a wide range of backgrounds and value team players with humility, intellectual curiosity, and a passion for understanding businesses.
• Must be able to be on‑site at our New York office Monday‑Thursdays with the option to come in Fridays as well.

Salary Range

$12,000-$14,500 USD Monthly

The actual base salary may vary depending on factors, including, but not limited to location, work experience, education, training, skill level, and market conditions.

At this time, Pzena Investment Management will not sponsor an applicant for employment authorization for this position.

Working at Pzena

Pzena Investment Management is an affirmative action and equal opportunity employer.

We value diverse perspectives and are committed to building an inclusive environment where all employees can thrive.

We welcome and encourage candidates from all backgrounds and experiences to join our team.

To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

For a reasonable accommodation request, please contact [e-mail].

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