About

The Equity Research Group is a student-run research organization at Northeastern University. Members own coverage of under-followed public companies and produce institutional-quality equity research.

The Gap

$10B

Most equity research happens above this line.
We work below it.

True ownership

Unlike broad investment clubs that rotate members through generic projects, the group gives each member true ownership of a coverage universe.

Original research

The small-cap focus ensures original research rather than regurgitation of Street consensus.

Nowhere to hide

The industry structure creates clear accountability and specialization — every role has a defined owner, and there is nowhere to hide.

Mandate

Investment Universe

Market cap

$300M–$10B

Listing

US-listed companies

Coverage

All sectors, all geographies

Style mandate

None

Value, growth, and GARP are all welcome

Coverage

Industry Coverage

ERG organizes its coverage universe into five industries, each owned by a dedicated industry lead.

View Members

Technology

Software (Enterprise / SaaS) · Semiconductors · Internet & Platforms · Gaming & Interactive Media · Cybersecurity · AI & Data Infrastructure

Industrials & Defense

Machinery & Industrial Equipment · Defense · Aerospace · Transportation & Logistics · Commercial & Professional Services

Financials

Banks · Fintech · Asset & Wealth Management · Real Estate · Capital Markets · Private Credit

Resources & Real Assets

Energy · Materials & Chemicals · Utilities & Renewables · Exploration & Production · Oilfield Services & Equipment

Consumer & Services

Consumer Staples & Agriculture · Consumer Discretionary · Business Services · E-commerce & Retail · Restaurants & Food Service · Travel & Leisure

Interested in joining?

Admission is by application, stock pitch submission, and interview.

Recruitment