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Upstox

Equity Research Intern

InternshipIn OfficeLucknow, Uttar Pradesh4 months16K/mo1 openingImmediate / Rolling
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About this internship

Start your career in finance with Upstox as a Equity Research Intern in Lucknow. You will sit with a working broking & capital markets team, use the same systems and reports they do, and own a defined piece of work from day one. About the role As a Equity Research Intern at Upstox, your core focus…

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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 broking & capital markets 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 Lucknow, Uttar Pradesh

Perks & benefits

Pre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior finance professionalsInternship CertificateLetter of Recommendation

Interview & selection process

2 rounds — typical selection flow for this role:

  1. 1Application screening & resume shortlisting by the talent team
  2. 2Online aptitude & numerical reasoning assessment

About Upstox

Upstox is a broking & capital markets operating in India's banking and financial services sector, with an active presence in Lucknow. 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…
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