Biotechnology Equity Research Fellowship

The Role:

Kennedy Capital is seeking a Biotechnology Equity Research Fellow to work with members of our investment team. The fellow is responsible for fundamental research on small- and mid-cap companies in the biotechnology industry in order to assist our healthcare analysts and portfolio managers in making investment decisions. This fundamental research will primarily take the form of reports that include an analysis and interpretation of a company’s therapeutic areas, scientific data, and financial statements. During the fellowship, the fellow will have the opportunity to meet with C-suite executives of leading biotechnology firms to supplement investment research.

No prior business experience is necessary for the position as KCM’s healthcare analysts will provide the mentorship necessary to develop financial literacy and investment acumen. The fellow will have a unique opportunity to take advantage of the firm’s resources, structure, and training to become an independent, biotech investment idea generator and analyst.


  • MD and/or PhD candidate, post-doctoral researcher, or scientifically-trained MBA student (priority will be given to those who complete the course Business Concepts for Life Scientists)
  • Interest in expanding one’s skillset beyond the laboratory
  • Strong passion for biomedical innovation and entrepreneurial drive
  • Technical scientific knowledge to facilitate interpretation of biomedical data
  • Analytical and skeptical mindset
  • Professional disposition suited to a business environment
  • Exceptional communication skills, with the ability to succinctly summarize complex ideas
  • Knowledge or experience in business is a plus but not necessary; enthusiasm and interest are imperative
  • Ability to work ten hours per week as schedule allows

Kennedy Capital Management is an Equal Opportunity Employer.