About the Role: Baird’s Equity Capital Markets group is comprised of more than 500 professionals specializing in research, institutional sales and trading, and investment banking. We deliver high-quality, objective research in sectors where clients seek timely, actionable insights. Dedicated analyst teams provide comprehensive, award-winning coverage of more than 700+ stocks. The quality of our equity research and the strength of our relationships across North America, Europe, Asia, and Australia consistently drive client satisfaction. We connect institutional investors with industry-leading companies worldwide, focusing on delivering unique relationships, resources and sector expertise. Equity Research Analyst interns at Baird gain real-world, meaningful work experience, are treated as valuable team members, and have the ability to directly contribute to the department’s success. This 10-week internship provides an opportunity for us to assess each intern’s skills and fit for the role, while interns evaluate their alignment with the firm’s culture and values. With a strong track record of converting summer interns into successful full-time hires, this program serves as an excellent gateway to a rewarding career. This internship requires working full time during the summer in our Milwaukee, WI office. Significant hours are required. We are seeking students who can start late May 2027. Only December 2027 or Spring 2028 graduates will be considered. The Impact You’ll Make: Play an integral role in the research process Join a focused industry group and work closely with Analysts Provide quantitative support for industry- and company-specific research and assist with field research Work in small teams (2-3 people) to cover group of 15+ stocks Collect industry data and provide a deep level of expertise in a sector that helps clients to decide where to invest Write reports and communicate findings Interact directly with covered company management (CEOs, CFOs) Discuss research findings with Sales & Trading associates and institutional clients (e.g., analysts and portfolio managers at top mutual funds and hedge funds) What You’ll Bring to Baird: Current enrollment in a Bachelor’s degree program required, graduation date of December 2027 or Spring 2028 Finance/Accounting degree strongly preferred Candidates must have a track record of proven academic excellence Have the ability to work within a team and on a self-directed basis Excellent analytical, communication, and presentation skills Advanced computer skills using Microsoft Word, Excel and PowerPoint About Our Intern Program: Jumpstart your career with Baird’s high-impact summer intern program! You’ll gain real-world experience, connect with inspiring leaders, and grow through hands-on projects, mentorship, and dynamic events. From our Intern Welcome and Baird Gives Back Day to firmwide networking and professional development, you’ll be part of a vibrant, collaborative culture that values your voice and fuels your future. Baird is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status. Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, citizenship, national origin, age, disability, military service, veteran status, sexual orientation, gender identity or expression, genetic information, or any other status protected by law. Baird is an employee-owned, international financial services firm specializing in wealth management, capital markets, private equity and asset management. Our mission is straightforward. We strive “to provide the best financial advice and service to our clients and be the best place to work for all.” Our culture is like no other with extraordinary people who make Baird great for our clients and one another. Nationally recognized as a great place to work since 2004, we invite you to learn more about Baird, our culture and our people. Baird is committed to inclusion & diversity for our clients, our associates and the communities where we live and work. This commitment stems from our culture of integrity, genuine concern for others and respect for the individual. We view inclusion & diversity as an ongoing journey – one of shared responsibility, continuous improvement and a focus on progress. We invite you to join us as we work together to foster an environment where diversity unites rather than divides us.