MBA 2026 Global Healthcare Non-Therapuetics Internship

MBA Fundamental L/S Equities Internship – Global Healthcare – Non-therapeutics

Marshall Wace Founded in 1997, Marshall Wace is a leading global alternatives investment manager with around $70bn in assets under management and over 700 employees working across London, New York, Hong Kong, Singapore, Shanghai, and Abu Dhabi. Operating as a single team across the globe, we are dedicated to creating long-term relationships with our clients built on trust and integrity. We define our culture as one of continuous innovation and a quest for improvement. We instinctively strive to do things differently, with fresh thinking that enables us to create proprietary value and maximize the benefits to our clients.

We manage quantitative, systematic, and fundamental strategies, specializing predominantly in long/short equity. Our strategies are implemented globally, leveraging proprietary systems and processes. Technology and data have been at the core of our business for more than two decades. In 2002, we launched MW TOPS, the world’s first ‘Alpha Capture’ application. Today, we continue to foster an environment focused on innovation and the pursuit of excellence.

MBA Internship Program

Marshall Wace’s fundamental strategies are designed to capture stock-based idiosyncratic alpha and are concentrated in specific regions and sectors. Each fundamental strategy team is managed by a Portfolio Manager and supported by a number of Analysts with distinct areas of expertise. We seek to achieve exceptional returns at all stages of the investment process through creative idea generation, rigorous due diligence, company meetings, detailed financial modeling, disciplined portfolio construction, and efficient trading and implementation.

This internship is designed for MBA students who are looking to apply their academic and professional experience to public markets investing. During the program, interns will gain exposure to the full investment process—idea generation, research, valuation, portfolio construction, and risk management—while working closely with experienced investment professionals.

Responsibilities

• Support the generation of long and short equity investment ideas through in-depth financial modeling, proprietary research, and industry analysis
• Conduct detailed due diligence on companies and sectors, including meetings with management teams, participation in earnings calls, and attendance at industry conferences
• Monitor portfolio holdings and key developments across covered companies, updating models and investment theses as new information emerges
• Contribute to differentiated, bottoms-up financial analysis of companies, business models, industry dynamics, and broader sector trends
• Collaborate with Portfolio Managers and Analysts to refine investment ideas and assist in portfolio construction and risk assessment

Requirements

To be successful in this role, you will need to be highly analytical, intellectually curious, and able to think both critically and creatively. Successful applicants typically demonstrate:

• Enrollment in a top-tier MBA program with a strong academic record
• Prior professional experience in investment banking, equity research, consulting, private equity, or a related analytical field
• Demonstrated interest in public markets investing and fundamental analysis
• Advanced understanding of accounting, financial statements, and valuation techniques, with the ability to identify key drivers of a business and industry
• Strong Excel and financial modeling skills; familiarity with data analysis tools is a plus
• Excellent written and verbal communication skills, with the ability to articulate complex ideas clearly and concisely
• A self-starter mentality with the ability to learn quickly and operate effectively in a fast-paced, collaborative environment

How to Apply

Please submit your resume and a brief cover letter indicating your interest in the Global Healthcare – Non-therapeutics - Fundamental Equities MBA Internship via our online portal https://job-boards.greenhouse.io/mwnaintern/jobs/8323968002 . Applications will be reviewed on a rolling basis, so early submission is encouraged.