2025 Fixed Income – Credit Research Pre-MBA Summer Internship

At T. Rowe Price, we identify and actively invest in opportunities to help people thrive in an evolving world. As a premier global asset management organization with more than 85 years of experience, we provide investment solutions and a broad range of equity, fixed income, and multi-asset capabilities to individuals, advisors, institutions, and retirement plan sponsors. We take an active, independent approach to investing, offering our dynamic perspective and meaningful partnership so our clients can feel more confident. 

We believe doing the right thing for our clients and our associates is good business. With a career at the firm, you can expect opportunities to create real impact at work and in your community. You’ll enjoy resources to support your career path, as well as compensation, benefits, and flexibility to enrich your life. Here, you’ll find a collaborative culture that respects and values differences and colleagues who share a spirit of generosity.  

Join us for the opportunity to grow and make a difference in ways that matter to you. 

Role Summary 

The accelerated three-week internship program engages MBAs before entering their first year of business school and is a great way to get immersed in a research project, network and learn from seasoned investment professionals.  

Responsibilities

• Conduct fundamental credit research and perform hands-on fieldwork.
• Receive mentoring from experienced analysts and portfolio managers.
• Engage with company management.
• Make a call; initiate on one stock, or a credit/bond.
• Present your findings. Internship culminates in a final presentation aimed at communicating recommendation to our analysts and portfolio managers.

 

Qualifications

Required: 

• 1st year MBAs who are enrolled, or will be enrolled by this Fall, in a 2-year program graduating in May 2027

 

Preferred:

• Interest in investing
• Strong background in finance and accounting (preferred)
• Good communication skills
• Proficiency in working with MS Excel and PowerPoint
• Intellectual curiosity
• Disciplined approach to analysis 

FINRA Requirements 

FINRA licenses are not required and will not be supported for this role. 

 

Work Flexibility  

This role is eligible for hybrid work, with up to one day a week from home.

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$165,000 for the location of: Maryland, Colorado, Washington and remote workers
$165,000 for the location of: Washington, D.C.
$165,000 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role.  Base salary is only one component of our total compensation package.  Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our g