Upstox

Equity Research Intern

InternshipHybridSurat, Gujarat2 months25K/mo1 openingImmediate / Rolling

About this internship

Join Upstox in Surat as a Equity Research Intern. This entry-level internship is designed for finance, commerce and analytics students who want practical, resume-ready experience inside a regulated broking & capital markets. About the role As a Equity Research Intern at Upstox, your core focus…

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 Surat, Gujarat

Perks & benefits

Flexible working hoursNetworking with senior finance professionalsInternship CertificateLetter of RecommendationMentorship from a named finance mentor

Interview & selection process

3 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Discussion with the hiring manager on the function and your fit
3HR discussion — stipend, start date, expectations and offer

About Upstox

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