Investment Banking Analyst Internships
Investment banking analyst internships give university students, recent graduates, and early-career switchers hands-on deal and financial modeling experience, mentorship from working investment banking analysts, and, at many employers, a path toward a full-time offer. Accounting & Auditing and Technology & Software are driving the most openings, with ComCap Holdings, Baird, and Loop Capital among the employers posting roles now.
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Showing 5 of 17+ Investment Banking Analyst Internships
At Northland, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.
Summary of the Job:
About This Role:
The Investment Banking Analyst Internship is the first step in Northland's investment banking career path and precedes the full-time Analyst position. Interns work on live deal teams under the guidance of Analysts and Associates, alongside senior bankers, across public equity offerings, private placements, PIPEs, convertible securities transactions, and M&A advisory engagements. The work is demanding and requires the ability to perform under pressure, meet tight deadlines, and produce accurate work on short notice. Interns build and update comparable company, precedent transaction, capitalization, and dilution analyses; prepare pitch books, management presentations, and transaction materials; conduct company, industry, and market research; and support due diligence and transaction tracking. Interns are expected to contribute meaningfully from the start, and exceptional performance is the primary pathway to a full-time Analyst offer.
The Ideal Candidate for This Role:
- Recent graduates of bachelor's or master's programs, or students graduating by December 2026, with a strong preference for candidates holding degrees in finance, accounting, engineering, mathematics, statistics, computer science, physics, or another quantitative discipline
- Strong academic record, ideally from a top-tier university with a rigorous quantitative curriculum
- Minimum 3.5 cumulative GPA
- Prior internship or relevant experience in investment banking, private equity, equity research, credit, transaction advisory, valuation, or another role involving financial analysis and modeling
- Demonstrated financial modeling proficiency, including the ability to independently build a three-statement model, trading comparables, precedent transactions, and a DCF
- Strong command of accounting, valuation methodologies, and financial statement analysis, with the ability to articulate and defend key assumptions
- Working understanding of capital structure, including equity and debt instruments, leverage, dilution, and liquidity
- Familiarity with equity-linked securities, convertible and preferred securities, capitalization and dilution analysis, credit analysis, or other complex financing structures
- Advanced Excel proficiency and comfort working with large financial, market, and transaction data sets; experience with Python, SQL, or other analytical tools is a plus
- Demonstrated ability to conduct rigorous company and industry research and translate quantitative analysis into clear, concise client- and investor-facing materials
- Strong analytical reasoning, attention to detail, intellectual curiosity, and the ability to perform under pressure and meet tight deadlines
- Maturity and judgment to work directly with senior bankers, client executives, boards, and investors
- Demonstrated interest in investment banking and the capital markets
- SIE, Series 7, 79, and 63 required, or ability to obtain within 180 days of start
- Must meet the firm's U.S. work-authorization requirements; applicable sponsorship restrictions should be clearly stated in the posting
Preferred Candidate Profile
The ideal candidate combines a strong quantitative academic background with hands-on financial modeling experience, exceptional analytical ability, and a demonstrated interest in capital markets. Candidates who can independently build, interpret, and defend financial models and apply quantitative skills to complex financing transactions are especially encouraged to apply.
Candidates must possess unrestricted work authorization and not require future sponsorship.Work Environment:
It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs.Compensation and Benefits Overview:
We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:
Medical, Dental, Vision Insurance
401k, With Matching Contributions
Time Off Programs
Health Savings Account (HSA)/Dependent Care
Employee Banking
Growth Opportunities
Tuition Assistance
Short-Term/Long-Term Disability Insurance
Learn more about our benefits here: https://www.fnbo.com/careers/benefits/ .
To obtain compensation and benefit information related to this specific role, e-mail First National at TAGAdmin@fnni.com . To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.
Job number: R-20261938Equal Opportunity & Belonging:
We believe that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves—no matter their role or where they are in their journey.
Learn more here.
Northland is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity.
Click here to download 'EEO is The Law' Self-Print Poster
Click here to download 'EEO is The Law' Supplement for Federal Contractors
Click here to download 'EEO is The Law' GINA Supplement
Northland is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDIC
Northland follows federal law regarding the use of marijuana (this applies to all non-California applicants)
Application Deadline:
All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants.
At Northland, our employees are the heart of our story—and we’re committed to their success! Please see below the details of this career opportunity and how it fits into our organization’s success.
Summary of the Job:
About This Role:
The Investment Banking Analyst Internship is the first step in Northland's investment banking career path and precedes the full-time Analyst position. Interns work on live deal teams under the guidance of Analysts and Associates, alongside senior bankers, across public equity offerings, private placements, PIPEs, convertible securities transactions, and M&A advisory engagements. The work is demanding and requires the ability to perform under pressure, meet tight deadlines, and produce accurate work on short notice. Interns build and update comparable company, precedent transaction, capitalization, and dilution analyses; prepare pitch books, management presentations, and transaction materials; conduct company, industry, and market research; and support due diligence and transaction tracking. Interns are expected to contribute meaningfully from the start, and exceptional performance is the primary pathway to a full-time Analyst offer.
The Ideal Candidate for This Role:
- Recent graduates of bachelor's or master's programs, or students graduating by December 2026, with a strong preference for candidates holding degrees in finance, accounting, engineering, mathematics, statistics, computer science, physics, or another quantitative discipline
- Strong academic record, ideally from a top-tier university with a rigorous quantitative curriculum
- Minimum 3.5 cumulative GPA
- Prior internship or relevant experience in investment banking, private equity, equity research, credit, transaction advisory, valuation, or another role involving financial analysis and modeling
- Demonstrated financial modeling proficiency, including the ability to independently build a three-statement model, trading comparables, precedent transactions, and a DCF
- Strong command of accounting, valuation methodologies, and financial statement analysis, with the ability to articulate and defend key assumptions
- Working understanding of capital structure, including equity and debt instruments, leverage, dilution, and liquidity
- Familiarity with equity-linked securities, convertible and preferred securities, capitalization and dilution analysis, credit analysis, or other complex financing structures
- Advanced Excel proficiency and comfort working with large financial, market, and transaction data sets; experience with Python, SQL, or other analytical tools is a plus
- Demonstrated ability to conduct rigorous company and industry research and translate quantitative analysis into clear, concise client- and investor-facing materials
- Strong analytical reasoning, attention to detail, intellectual curiosity, and the ability to perform under pressure and meet tight deadlines
- Maturity and judgment to work directly with senior bankers, client executives, boards, and investors
- Demonstrated interest in investment banking and the capital markets
- SIE, Series 7, 79, and 63 required, or ability to obtain within 180 days of start
- Must meet the firm's U.S. work-authorization requirements; applicable sponsorship restrictions should be clearly stated in the posting
Preferred Candidate Profile
The ideal candidate combines a strong quantitative academic background with hands-on financial modeling experience, exceptional analytical ability, and a demonstrated interest in capital markets. Candidates who can independently build, interpret, and defend financial models and apply quantitative skills to complex financing transactions are especially encouraged to apply.
Candidates must possess unrestricted work authorization and not require future sponsorship.Work Environment:
It is anticipated that the incumbent in this role will work onsite at the posted location. Our onsite environment fosters innovation, mentorship, and a vibrant culture where ideas flow freely and relationships flourish. As part of our team, you'll experience the energy of our collaborative spaces designed to support your professional growth while working alongside talented colleagues who inspire excellence daily. Please note that work location is subject to change based on business needs.Compensation and Benefits Overview:
We offer a variety of benefits designed to keep you and your family physically and financially healthy. Not only do we offer a competitive salary and work-life balance, we offer benefits to match your needs:
Medical, Dental, Vision Insurance
401k, With Matching Contributions
Time Off Programs
Health Savings Account (HSA)/Dependent Care
Employee Banking
Growth Opportunities
Tuition Assistance
Short-Term/Long-Term Disability Insurance
Learn more about our benefits here: https://www.fnbo.com/careers/benefits/ .
To obtain compensation and benefit information related to this specific role, e-mail First National at TAGAdmin@fnni.com . To ensure you receive a response, include the number of this job (listed below) in the subject line of your message.
Job number: R-20261938Equal Opportunity & Belonging:
We believe that the quality of our employee experience is at the heart of our customer experience. One key pillar of our intended employee experience is Belonging. Belonging means we are committed to fostering a workplace culture where employees of all backgrounds feel valued, recognized, and empowered to be their authentic selves—no matter their role or where they are in their journey.
Learn more here.
Northland is an equal opportunity employer for all employees and applicants and makes employment decisions without regard to status or identity.
Click here to download 'EEO is The Law' Self-Print Poster
Click here to download 'EEO is The Law' Supplement for Federal Contractors
Click here to download 'EEO is The Law' GINA Supplement
Northland is an Equal Opportunity/Affirmative Action/Veterans/Disability Employer - Member FDIC
Northland follows federal law regarding the use of marijuana (this applies to all non-California applicants)
Application Deadline:
All our jobs will be posted for a minimum of 5 calendar days. Job postings may come down prior to 5 calendar days based on volume of applicants.
Investment Banking Analyst Internship Market
Who's Hiring
Top Industries Hiring
- Accounting & Auditing
- Technology & Software
Tips for Your Investment Banking Analyst Internship Search
Apply in the fall for summer internships
Bulge-bracket banks and large financial institutions open summer analyst applications as early as August and close first rounds before the year ends. If you wait until spring, most structured cohorts are already full. Set a calendar reminder and treat October as your effective application deadline for large employers.
Build a financial model you can walk through
Without a work history, a completed and documented financial model, discounted cash flow analysis, or equity research report is what gives a recruiter something to assess. Build it on a real public company, document your assumptions, and be ready to defend every line in an interview.
Work your campus network alongside direct applications
Campus career fairs surface structured programs tied to your university, and your finance professors and career center staff often know which banks recruit from your school before roles post publicly. Apply directly to boutique and regional firms running smaller cohorts at the same time so you're not relying on a single channel.
Practice walking through your model out loud
Investment banking analyst intern screens typically involve a technical finance conversation: valuation methods, accounting concepts, or a walk-through of a model you built. Practice explaining your reasoning out loud, not just getting to the right answer, because interviewers weight how you think as much as the conclusion you reach.
Target structured summer analyst programs early
Major banks and financial institutions run formal summer analyst programs designed to bring in candidates new to the field, rotating them across deal teams with structured mentorship. These programs recruit in the fall, fill fast, and are competitive. Identify the ones that match your target firm type and get your application in during the first wave.
Set your work-type filter before you start
On-site roles are 14% of the investment banking analyst internships listed here. Decide what you can realistically commit to before you start sorting listings so you aren't spending time on roles in cities you can't relocate to or formats that don't fit your situation. Filter by location and work type first, then apply.
Investment Banking Analyst Internships: Frequently Asked Questions
How do I get an investment banking analyst internship?
Lead with coursework and completed financial analyses rather than work history, since hiring teams expect limited professional experience at the intern stage. A documented financial model or equity research report gives recruiters something concrete to assess. Submit direct applications through company career portals and attend campus career fairs, where recruiters often extend interviews faster for students they meet in person.
Can an investment banking analyst internship turn into a full-time job?
Many employers extend return offers to strong interns, but conversion is never guaranteed. What actually drives it is performance on live deal work, the team's headcount going into full-time recruiting season, and how early return-offer decisions are made. Treat the internship as an audition, deliver consistently, and build relationships without counting on the offer materializing.
When should I apply for investment banking analyst internships?
Earlier than most candidates expect. Bulge-bracket and large regional banks recruit summer analysts the preceding fall, often closing first-round interviews before January. Boutique firms, regional banks, and co-op programs post closer to their start dates, so openings appear year-round. Watching the pipeline in the fall while keeping an eye on later postings covers both cycles.
Are investment banking analyst internships paid?
Most professional investment banking analyst internships in the United States are paid. Compensation varies by company size, industry focus, and location. Listings show pay where the employer discloses it, so you can compare offers without having to ask upfront.
What should an investment banking analyst internship resume include?
Lead with two or three complete projects, each documenting the problem, your analysis, the tools used (Excel, Python, Bloomberg, SQL), and a link to the finished model or write-up where possible. Add relevant coursework in finance, accounting, and economics. Keep the whole document to one page so recruiters can scan it in the time they actually spend on it.
Are there remote investment banking analyst internships?
Yes. Remote and hybrid roles make up 86% of the investment banking analyst internship listings here, with the rest on-site. Remote cohorts fill fast since they draw a national applicant pool, so apply early and filter by work type to see them before they close.
What is a summer analyst program in investment banking?
A summer analyst program is a structured, cohort-based internship that large banks and financial institutions run specifically to identify and train candidates with no prior full-time banking experience. Programs typically run ten weeks, pair interns with live deal teams, and recruit heavily through on-campus events in the fall. They fill early and are competitive, so applying in the first recruiting wave matters.
Can international students get investment banking analyst internships?
Yes. F-1 students can intern through CPT while enrolled or through OPT work authorization after finishing a degree, and the employer does not have to file anything for either, so many companies are open to international interns. Confirm your eligibility and timing with your university's international student office before accepting an offer.
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