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What does an Equity Research Associate do?

Learn all about Equity Research Associate duties, skills and much more. Get expert advice on how to become an Equity Research Associate.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

An equity research associate is responsible for providing support to the equity research team in the form of analysis, modeling, and market research. They are also responsible for assisting with the preparation of reports and presentations.

Equity Research Associate job duties include:

  • Research and analyze economic, industry, and company trends
  • Develop financial models to value companies and estimate future earnings
  • Prepare detailed reports on companies and industries for internal and external clients
  • Make recommendations on whether to buy, sell, or hold specific stocks
  • Monitor stock portfolios and make adjustments as needed
  • Meet with company management teams and visit company facilities
  • Attend industry conferences and events
  • Stay up-to-date on regulatory changes affecting the securities industry
  • Build and maintain relationships with clients

Equity Research Associate Job Requirements

An equity research associate is typically a college graduate with a degree in business, finance, or accounting. Certification from the Financial Industry Regulatory Authority (FINRA) is also required. Equity research associates must have strong analytical and communication skills. Prior experience in the financial industry is preferred but not required.

Equity Research Associate Skills

  • Analytical skills
  • Profit and loss analysis
  • Financial analysis
  • Finance
  • Asset management
  • Real estate
  • Banking
  • Business administration
  • Investment banking
  • Financial modeling
  • Business strategy
  • Equity research

Related: Top Equity Research Associate Skills: Definition and Examples

How to become an Equity Research Associate

An equity research associate is a professional who provides analysis of publicly traded stocks and bonds. They work in the securities industry.

Most equity research associates have a bachelor’s degree in business, economics, or accounting. Some also have a master’s degree in business administration (MBA) or a master’s degree in finance. Many equity research associates start their careers as analysts or accountants.

Most equity research associates work for investment banks, mutual funds, hedge funds, or securities firms. They may also work for rating agencies, such as Standard & Poor’s or Moody’s.

Equity research associates typically work on teams of two to four people. They work closely with senior equity research analysts and portfolio managers.

The job of an equity research associate is to provide analysis of publicly traded stocks and bonds. They use financial statements, company filings, and other data to make recommendations about whether to buy, hold, or sell a security. Equity research associates also write reports that are distributed to clients.

Equity research associates typically work long hours, including evenings and weekends. They may travel to meet with company management or attend industry conferences.

Related: Equity Research Associate Resume Example

Related: Equity Research Associate Interview Questions (With Example Answers)