Equities Asset Management Undergrad Intern Summ...
@ Principal Financial Group

New York, NY
$3,000
On Site
Intern
Posted 5 hours ago

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XXXXXXXX XXXXXXXXXXX XXXXXXXXXX***** @principalam.com
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Job Details

About the Role

Principal Asset Management is hosting interns in its equity investment division for Summer 2026. You will join the equity research analyst team in an environment managing over $120 billion USD in assets. This internship provides exposure to multiple equity styles, including US, International, and Emerging Markets.

What You’ll Do

The intern will:

  • Learn the comprehensive equity investment process including stock valuation modeling and discounted cashflow analysis.
  • Support the Research Analyst team in generating ideas and constructing outperforming strategies.
  • Participate in special projects to identify buy/sell candidates, attend analysis meetings, and develop investment theses.
  • Engage with global equity research teams during daily meetings and sector discussions.
  • Potentially work on quantitative projects for custom analytical insights.

Who You Are

You are an undergraduate pursuing a degree in economics, finance, accounting, engineering, business analytics, math, statistics, or a related field. You have completed coursework or gained experience in security analysis and equity valuation, and you have exposure to equity investments. Advanced Excel skills and strong communication, leadership, and organizational skills will set you apart.

Internship Details

This internship is offered onsite at Global Headquarters in Des Moines, New York, or Seattle, with a preference for Des Moines, IA. You will work full-time during the summer and receive a lump sum stipend of $3,000, alongside additional benefits such as paid company holidays and support for incidental expenses.

Additional Information

Principal Asset Management is a subsidiary of Principal Financial Group, a Fortune 500 company with over 140 years of trusted leadership. Applicants must be authorized to work onsite in the United States without sponsorship. Learn more about the company and internship culture here.

Key Skills/Competency

  • Equity Analysis
  • Financial Modeling
  • Investment Strategy
  • Valuation
  • Excel
  • Research
  • Quantitative Analysis
  • Portfolio Construction
  • Fundamental Analysis
  • Communication

How to Get Hired at Principal Financial Group

🎯 Tips for Getting Hired

  • Customize your resume: Highlight relevant finance and equity research experiences.
  • Network: Connect with Principal Financial Group employees on LinkedIn.
  • Research company: Understand Principal Asset Management values and mission.
  • Prepare technical skills: Brush up on Excel and financial modeling.
  • Practice interview questions: Develop clear, concise answers about investment processes.

📝 Interview Preparation Advice

Technical Preparation

Review financial modeling fundamentals.
Practice Excel financial functions.
Study equity valuation methods.
Familiarize with investment analysis tools.

Behavioral Questions

Describe past teamwork experiences.
Explain time management techniques used.
Discuss problem-solving approaches.
Share experiences of handling feedback.

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