Equity Research Analyst Programme

Please note you can only make one application per recruitment season; duplicate profiles cannot be considered.

Recruitment Timelines

Start Date: We are looking for a July/August 2027 start. You will be based in our London office.

Deadline: Applications for this opportunity will close on 31 January 2027; as we will recruit for this program on a rolling basis there may be a delay in screening and online testing, however we will endeavor to get back to all applicants on the outcome of their application in a timely manner.

About Jefferies

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

Equity Research

Jefferies' Global Equity Research effort consists of over 200 Analysts covering more than 3000 stocks from research centers across the globe. The firm's global coverage includes Economics & Strategy, Business Services, Consumer, Energy, Financial Services, Insurance, Healthcare, Industrials, Internet and Interactive Entertainment, Maritime, Media, Metals & Mining, MLPs, REITs, Technology, Telecommunications, Travel & Leisure and Utilities.

The Equity Research team at Jefferies is responsible for conducting fundamental research on companies across this broad range of industries, including collecting and analyzing data, researching suppliers, vendors and customers, etc. Summer Interns engaged in the Equity Research program will work for a Senior Equity Research Analyst and will be involved in due diligence, financial modeling and writing research reports, among other duties.

Full-Time Analyst Programme Details

Our Research Analyst Programme provides a practical springboard for graduate students to develop skills and apply them in real business situations. The programme emphasizes on-the-job-learning backed up by training tailored to the skills most urgent to acquire, be that financial modelling and valuation or writing and presenting skills. We also ask our experienced staff to host regular internal training around the strengths that have led to their success in order to support your development.

The EMEA research department runs a mentor scheme for junior analysts, an Associate Council, a charity working party, alongside many firmwide employee resource groups that you can become involved in.

The key, though, is joining your sector team and immediately starting to help them meet their commercial goals as you set out on the work of a research analyst. Our research brand is serious, we seek to find differentiated information to be able to draw conclusions that challenge the stock market consensus and thus impact our client's vision of the future for their investments. To do so requires hard graft, a real interest in the story that numbers can tell us, and an ability to articulate a complex conclusion or investment idea to a specialist and generalist audience.

At Jefferies, you'll have the opportunity to make an immediate impact, whilst working with both senior and junior employees across our organization.

What you can expect

Responsibilities may include, but are not limited to:

• Support team in meeting targets as set out in the analyst scorecard

• Support Senior Analysts in the provision of fundamental research, maintaining and deepening stock coverage

• Demonstrate core skills of primary research: information gathering and analysis, modelling, writing

• Respond to analyst requests accurately and in a timely fashion

• Develop relationships with IR executives at corporates

• Update sales/trading on key news

• Respond to and follows up on internal and external client queries

• Potential for stock and client coverage

• Maintain up-to-date sector databases

• Contribute to reports, presentations, and miscellaneous thematic pieces

• Continually improve sector knowledge

• Manage projects relating to marketing, collaboration, and desk optimisation

• Regular attendance at Associate Stock Call and Training sessions

What we look for in a candidate

Successful Jefferies Analysts are able to multitask and handle a variety of projects simultaneously. Candidates must demonstrate professionalism and client management skills together with strong technical, written and verbal communication skills. The work is fast paced, challenging and intellectually stimulating. The ability to work under pressure and tight deadlines, be adaptable and work both independently and as part of a team are essential traits of a successful candidate.

Although a background in accounting or finance can be helpful, we hire Analysts who have studied a variety of degree disciplines.

Equal Employment Opportunity and Reasonable Accommodations

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.