2025 Fixed Income – Credit Research Pre-MBA Summer Internship at T. Rowe Price in Baltimore, Maryland

Job Description:

There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. ​ We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.

Role Summary 

The accelerated three-week internship program engages MBAs before entering their first year of business school and is a great way to get immersed in a research project, network and learn from seasoned investment professionals.  

Responsibilities

• Conduct fundamental credit research and perform hands-on fieldwork.


• Receive mentoring from experienced analysts and portfolio managers.


• Engage with company management.


• Make a call; initiate on one stock, or a credit/bond.


• Present your findings. Internship culminates in a final presentation aimed at communicating recommendation to our analysts and portfolio managers.

Qualifications

Required: 

• 1st year MBAs who are enrolled, or will be enrolled by this Fall, in a 2-year program graduating in May 2027

Preferred:

• Interest in investing


• Strong background in finance and accounting (preferred)


• Good communication skills


• Proficiency in working with MS Excel and PowerPoint


• Intellectual curiosity


• Disciplined approach to analysis 

FINRA Requirements 

FINRA licenses are not required and will not be supported for this role. 

Work Flexibility  

This role is eligible for hybrid work, with up to one day a week from home.

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$165,000 for the location of: Maryland, Colorado, Washington and remote workers
$165,000 for the location of: Washington, D.C.
$165,000 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role.  Base salary is only one component of our total compensation package.  Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.

Benefits

We value your goals and needs, at work and in life. As an associate, you’ll be supported with resources, benefits, and work-life balance so you can thrive in ways that matter to you.   

Featured employee benefits to enrich your life:   

• Competitive compensation  

• Annual bonus eligibility  

• A generous retirement plan  

• Hybrid work schedule  

• Health and wellness benefits, including online therapy  

• Paid time off for vacation, illness, medical appointments, and volunteering days  

• Family care resources, including fertility and adoption benefits  

Learn more about our benefits.  

Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.