Equity Research Internship

Equity Research InternValemont Capital — Research & Insights
Location: Hybrid
Type: Internship
Duration: 3 Months
About Valemont Capital
Valemont Capital is a research-driven platform focused on the Indian equity markets. We study the macroeconomic, sectoral and business-level changes shaping Indian markets and aim to identify emerging trends, structural opportunities and long-term growth stories before they become obvious.
As an early-stage venture, we are building our research culture from the ground up. We are looking for curious, driven individuals who want to learn by doing and build something with us.
The Role
As an Equity Research Intern, you will work closely with our research team across the investment research process.
Your work may include:
Conducting company and sector research across Indian equities.
Understanding business models, competitive advantages and industry dynamics.
Analysing financial statements, annual reports, investor presentations and management commentary.
Tracking macroeconomic and market developments that can affect sectors and companies.
Building basic financial models and valuation frameworks.
Screening for under-researched companies and emerging growth opportunities.
Developing investment theses supported by data and primary/secondary research.
Monitoring companies after the initial research and identifying what has changed.
Contributing to research reports, market insights and LinkedIn content published by Valemont Capital.
Presenting your findings clearly and defending your investment thesis.
Educational Background
We are open to candidates from:
B.Com / BBA / BMS / Economics
CA / CFA / FRM candidates
MBA — Finance
Engineering / Mathematics / Statistics / Economics students with a strong interest in finance
Other relevant academic backgrounds with demonstrable interest in equity markets
Students in their 2nd, 3rd or final year and recent graduates are welcome to apply.
What We Look For
You don't need to know everything.
We care more about your thinking ability, curiosity and willingness to learn.
Ideal candidates should have:
Strong interest in Indian equities and businesses
Good understanding of basic financial concepts
Ability to read and interpret financial statements
Strong research and analytical skills
Good Excel / Google Sheets skills
Strong written and verbal communication
Attention to detail
Ability to form an independent opinion and back it with evidence
Willingness to question assumptions rather than simply follow the crowd
Genuine curiosity about why markets and businesses behave the way they do
Conduct & Work Ethic
Because we are a startup, attitude matters as much as ability.
We expect every intern to:
1. Take ownership
If you are given a company or sector, don't wait to be told every next step. Explore it, ask questions and come back with findings.
2. Think independently
We don't want people who simply repeat brokerage reports or market opinions. We want you to develop your own view.
3. Be intellectually honest
If the data contradicts your thesis, change the thesis. Never manipulate research to support a predetermined conclusion.
4. Question everything
A good researcher doesn't just ask “What happened?” They ask “Why did it happen, what changes next, and who benefits?”
5. Be accountable
Deadlines, accuracy and quality matter. If something goes wrong, communicate early and take responsibility.
6. Respect confidentiality
Internal research, discussions, data and work products must be treated professionally and confidentially.
7. Be coachable
You will receive feedback. The ability to absorb criticism, improve and come back stronger is essential.
What You Will Learn
This internship is designed to give you practical exposure to:
Equity research
Company analysis
Sector analysis
Financial statement analysis
Valuation
Investment thesis building
Macroeconomic analysis
Market research
Research writing
Identifying long-term investment themes
More importantly, you'll learn how to think like a researcher rather than simply how to analyse a stock.
Who Should Apply?
If you spend your free time asking:
“Why is this stock moving?”
“What is changing in this industry?”
“Which businesses could be much bigger five years from now?”
—you'll probably fit in well here.
We are looking for people who want to build, learn and think differently.
Valemont Capital
Research & Insights
Research. Identify. Understand. Look Ahead.

Work arrangement
No