Fixed Income Part-Time Academic Year Internship (2025-2026)

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 T. Rowe Price Fixed Income Undergraduate Internship offers an opportunity to gain valuable work experience while building a foundation in credit research and investing. The internship runs from early October through March and is primarily virtual with three days in-person in our Baltimore offices over the course of the internship. This is internship is part-time (10 hours per week) and the position is paid

 

Responsibilities

Develop foundational skills for credit research, including: ​

• Develop foundational skills for credit research, including: 

  o   Industry analysis 

  o   Financial analysis and key credit metrics 

  o   Three-statement financial modeling 

  o   Evaluating management and strategy 

  o   Relative value analysis 

• Spend time learning from our Analysts, Traders, and Portfolio Managers 

• Receive support and mentorship from our Fixed Income Associate Analyst team 

• Complete several group and independent projects, including a capstone credit pitch 

Qualifications

Required: 

• Minimum sophomore status in college with a expected graduation of December 2026 or later.  
• Minimum 3.5 GPA or higher 
• Strong academic background and intellectual curiosity 
• Highly motivated, self-starter with ability to work independently and with others 
• Strong communication skills (verbal and written) 

Preferred:

• Strong interest in the markets and investing preferred 
• Strong Interest in Credit

FINRA Requirements

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

Work Flexibility

This role is eligible for full time remote work.

Base Salary Ranges

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

$0.00 - $350,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$0.00 - $350,000.00 for the location of: Washington, D.C.
$0.00 - $350,000.00 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 el