Nomura

Equity Research Intern

InternshipHybridIndore, Madhya Pradesh3 months24K/mo2 openingsImmediate / Rolling

About this internship

Nomura is hiring a Equity Research Intern in Indore. This is a hands-on, mentor-led BFSI internship built for students and 2026 freshers who want real exposure to how a investment bank actually runs its numbers — not a certificate-only programme. About the role As a Equity Research Intern at…

Skills you'll use

Equity ResearchFinancial Statement AnalysisMS ExcelSector ResearchValuationBloomberg / Refinitiv BasicsReport WritingCapital MarketsData VisualisationCritical Thinking

What you'll do

Support company and sector research, earnings analysis and investment notes alongside the core investment bank team
Work in Excel and internal systems on live financial data
Prepare schedules, reconciliations and reports for senior review
Research companies, customers, products or regulations as required
Present analysis clearly in notes and decks for stakeholders
Follow documentation and control standards required in a regulated business

Who can apply

Pursuing or recently completed MBA (Finance)/CFA L1/M.Com/B.Com (Hons)/Economics — 2026 freshers & final-year students welcome
Working knowledge of Equity Research, Financial Statement Analysis, MS Excel (or a genuine willingness to learn them)
Strong numerical ability and comfort working in MS Excel
Care with detail and the discipline to document work properly
Clear written and verbal communication in English
Based in or willing to work from Indore, Madhya Pradesh

Perks & benefits

Internship CertificateLetter of RecommendationMentorship from a named finance mentorLive project experience on real financial dataExposure to BFSI systems and reporting tools

Interview & selection process

4 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Excel / case-study exercise with a short walkthrough
3Discussion with the hiring manager on the function and your fit
4HR discussion — stipend, start date, expectations and offer

About Nomura

Nomura is a investment bank operating in India's banking and financial services sector, with an active presence in Indore. Its work sits inside a regulated environment — which means interns here learn not just how a number is produced, but why it has to be produced that way, documented that way…

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