2027 Investment Associate

About the Role

The Investment Associate will work directly alongside an Industry Analyst in an industry-focused team responsible for evaluating investments in companies globally. The firm targets candidates with high levels of academic and professional achievement and leadership ability, recruiting undergraduates from various academic disciplines as well as candidates with previous work experience. Dodge & Cox's well-established reputation provides unparalleled access to corporate management teams, regularly hosting Fortune Global 500 executives at its San Francisco offices.

Responsibilities

• Researching, analyzing, and performing due diligence on potential investments
• Monitoring portfolio investments, competitors, and industry developments
• Building and maintaining financial and valuation models
• Engaging with company management teams, industry experts, and sell-side analysts
• Creating investment-related presentation materials

Qualifications

• One to two years of related work experience or an undergraduate experience that demonstrates exceptional potential
• B.A. or B.S. degree and an excellent academic record
• Basic accounting knowledge; coursework in economics and statistics is a plus
• Strong quantitative and analytical skills, including experience with financial modeling
• Proficiency with MS Excel and PowerPoint
• Coursework or demonstrated experience in corporate finance or valuation is a plus
• Familiarity with AI tools (e.g., Claude, Copilot) and willingness to apply them to research workflows

Skills

• Demonstrated interest in financial markets and value investing
• Initiative and ability to manage multiple projects simultaneously
• Excellent communication skills and desire to work in a team-oriented environment
• Intellectually curious with a genuine appetite for understanding businesses and industries in depth
• Comfortable engaging with senior company executives, industry experts, and sell-side analysts
• Detail-oriented and conscientious, producing analysis of exceptional quality
• Coachable and eager to learn, able to absorb feedback and build independent judgment over time

Schedule

Dodge & Cox has a 4/1 hybrid work model. Employees are required to be in their assigned office Monday - Thursday each week, with the option to work remotely on Friday.

Pay

The salary range for this position is $155,000 - $180,000. The listed pay scale denotes only the base salary and does not include discretionary bonus compensation, which may make up an important portion of the total remuneration.

Benefits

• Coverage of 100% of all healthcare premiums for employees and their families
• Fully funded retirement plan at 25% of total compensation to the IRS limit
• Commuter benefits
• Health & wellness programs
• Backup care
• Matching gift program
• Employee assistance program
• Life and disability insurance