2026 Summer MBA Intern – Fixed Income (Credit Research) at T. Rowe Price

Baltimore, Maryland, United States

T. Rowe Price Logo
Not SpecifiedCompensation
InternshipExperience Level
InternshipJob Type
UnknownVisa
Asset Management, Investment ManagementIndustries

Requirements

  • First year MBA student scheduled to graduate in May 2027
  • Work authorization in the US that does not now or in the future require sponsorship of a visa for employment authorization (e.g., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant work status)
  • Strong background in finance and accounting (preferred)
  • Proficiency in working with MS Excel and PowerPoint (preferred)
  • Good communication skills (preferred)
  • Intellectual curiosity and a disciplined approach to analysis

Responsibilities

  • Conduct research that includes interviews of company executives and management teams, competitors, suppliers, etc., as well as industry experts, Wall Street analysts, and credit rating agencies
  • Possible travel and industry conference attendance
  • Conduct fundamental credit analysis of a specific industry or sector to identify investible ideas for various portfolio strategies
  • Culminate in a final presentation and research paper aimed at communicating recommendations to investment professionals within the firm

Skills

Key technologies and capabilities for this role

Credit AnalysisFixed IncomeMS ExcelPowerPointFinanceAccountingFinancial ResearchIndustry Analysis

Questions & Answers

Common questions about this position

What is the base salary for this internship?

The base salary range is $180,000 - $180,000 for locations including Maryland, Colorado, Washington, remote workers, Washington D.C., New York, and California. Placement within the range is based on the individual’s relevant experience and skills.

Is this internship remote or hybrid?

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

What are the required qualifications for this internship?

Candidates must be first-year MBA students scheduled to graduate in May 2027 and have work authorization in the US that does not require visa sponsorship.

What is the company culture like at T. Rowe Price?

T. Rowe Price offers a collaborative culture that respects and values differences, with colleagues who share a spirit of generosity, along with resources for career support, compensation, benefits, and flexibility.

What skills make a strong candidate for this role?

Preferred skills include a strong background in finance and accounting, proficiency in MS Excel and PowerPoint, good communication skills, intellectual curiosity, and a disciplined approach to analysis.

T. Rowe Price

Global asset management and investment advisory services

About T. Rowe Price

T. Rowe Price provides investment advisory services and retirement solutions to individual investors, financial intermediaries, and institutions. The firm employs a disciplined investment approach supported by extensive research to deliver long-term value. It generates revenue mainly through management fees based on the assets it manages, which amounted to $1.569 trillion as of June 30, 2024. T. Rowe Price serves a wide range of clients, including individual investors, retirement plan sponsors, and institutional investors like endowments and foundations. Its global reach and experienced investment teams enable the firm to offer various investment strategies and products, helping clients achieve their financial goals.

Baltimore, MarylandHeadquarters
1937Year Founded
$78,115.8MTotal Funding
IPOCompany Stage
Quantitative Finance, Financial ServicesIndustries
10,001+Employees

Benefits

Paid Volunteer Time
Parental Leave
Learning & Growth Resources
Matching Charitable Gifts
Health Care Benefits
Generous Retirement Plan

Risks

Increased competition from AI-powered platforms challenges T. Rowe Price's traditional strategies.
Departure of key personnel may impact T. Rowe Price's wealth management capabilities.
High valuations of AI startups could divert capital from traditional asset management firms.

Differentiation

T. Rowe Price offers a comprehensive range of investment strategies across various asset classes.
The firm emphasizes long-term value through disciplined investment and extensive research capabilities.
T. Rowe Price's global reach and diverse client base enhance its market position.

Upsides

Growing interest in AI-driven investment strategies presents new opportunities for T. Rowe Price.
The rise of quantum technology aligns with T. Rowe Price's focus on tech startups.
Collaboration trends in biotech offer potential investment opportunities in genetic medicine.

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