Investment Banking Analyst Jobs in Minnesota
Investment Banking Analyst jobs in Minnesota are concentrated in Minneapolis and its western suburbs, with additional activity in St. Paul, where firms such as Piper Sandler, U.S. Bancorp, and Ameriprise Financial maintain established investment banking operations. Demand is strongest for analysts with expertise in middle-market M&A, financial institutions coverage, and healthcare sector transactions, reflecting Minnesota's deep base of medical device, insurance, and regional bank clients. The market supports a full seniority range, from entry-level associates through senior analysts with dedicated deal experience. Scan the live roles below and apply to whichever ones fit.
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Job Description:
At Piper Sandler, we connect capital with opportunity to build a better future.
We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.
We are currently looking for a first year Analyst to join our Equity Private Placements team in the Minneapolis, MN office. Piper Sandler’s Equity Private Placements team is one of the longest tenured private placement groups on Wall Street. We leverage the experience and market knowledge gained across all Piper Sandler focus industries to tailor effective and efficient fundraising processes for each of our clients. The Analyst can expect to receive immediate exposure to a variety of transactions, such as, but not limited to, late-stage growth, minority recap, acquisition capital, and strategic financings.
The Analyst will help support the team’s effort in sourcing a variety of private capital, ranging from common equity to preferred equity to structured capital, and from a broad array of reputable institutional investors.
On a day-to-day basis our Analysts:
Provide critical support during all phases of transaction execution
Assist in developing operating financial models and valuation analyses
Build extensive pro forma cap table and waterfall analyses
Coordinate transaction due diligence
Conduct various research specific to industry, company, and growth / structured equity
Interface directly with senior bankers, clients, and investors
Develop a versatile skillset that will serve as a strong foundation for achieving career goals
A successful candidate will possess the following characteristics:
Prior experience in investment banking or a related financial field preferred; recent graduates with relevant internships or coursework will also be considered.
Bachelor’s degree in finance, business, economics, or other related degrees required
Strong work ethic, with an ability to work in a fast-paced environment, multi-task, and learn quickly
Detail-oriented and analytical mindset
Strong verbal and written communication skills
Previous experience with financial modeling or formal training
Positive attitude with a desire to work with and contribute to the culture of a close-knit team
U.S. work eligibility is required. Candidates must be work authorized in the United States on a full-time basis without the need for employer sponsorship now or in the future. For this role, we cannot offer employment to F-1 (student) visa holders who require employer sponsorship in the future or cannot work now on a full-time basis.
As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.
Our investment banking clients have access to unparalleled guidance through our deep product and sector expertise and ready access to global capital. We take pride in providing our clients with thoughtful advice and diligent execution, no matter the economic environment. Our investment banking group partners with corporate clients and financial sponsors to provide advisory and financing services related to mergers and acquisitions, equity and debt capital markets, private placements, restructuring and corporate & venture services. We offer in-depth knowledge and industry relationships in our core sectors of chemicals, consumer, services & industrials, energy & power, financial services, healthcare and technology. Learn more about our investment banking team here.
Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee’s health, well-being, our benefits program and how we are here for our employees and their families today, tomorrow and beyond here.
The anticipated starting salary range for individuals expressing interest in this position is $110,000 per year. Placement within this range is dependent upon level of experience, location and other factors. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.
All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.
See All 9 Investment Banking Analyst Jobs in Minnesota
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Find JobsInvestment Banking Analyst Jobs by City in Minnesota
Where Minnesota roles are concentrated, by current openings.
Investment Banking Analyst Job Market in Minnesota
A snapshot from current Minnesota openings, updated as new roles post.
Who's Hiring



Top Industries Hiring
- Investment & Asset Management
What Minnesota Employers Look For
The qualifications that appear most often in investment banking analyst jobs across Minnesota.
- Bachelor's degree in finance, economics, or accounting from an accredited institution
- Series 79 and Series 63 licenses required or expected within six months of hire
- Demonstrated proficiency in financial modeling, DCF analysis, and valuation techniques
- Prior internship or co-op experience at a bank, advisory firm, or corporate finance team
- Strong command of Excel and PowerPoint for pitch books and client presentations
- Effective written and verbal communication skills for client-facing deal work
Investment Banking Analyst Jobs in Minnesota: Frequently Asked Questions
How do you become a investment banking analyst in Minnesota?
Most investment banking analyst roles in Minnesota require a bachelor's degree in finance, economics, or a related field, followed by passing the FINRA Series 79 and Series 63 exams, which are administered nationally but required for registered representatives working in Minnesota. Licensing is typically sponsored by the hiring firm. Candidates who complete structured internship programs at Minneapolis-based banks or advisory firms during school are the most competitive for full-time analyst positions.
How much do investment banking analysts make in Minnesota?
Investment banking analysts in Minnesota earn a median of about $102,990 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $65,290 for the lowest 10% to over $161,580 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire investment banking analysts in Minnesota?
Employers hiring investment banking analysts in Minnesota right now include Piper Sandler, Houlihan Lokey, and Wipfli, based on current listings on Migrate Mate as of September 2026. Minnesota's investment banking market is anchored by a mix of regional boutiques, middle-market advisories, and the capital markets divisions of large financial institutions headquartered in the Twin Cities.
Which Minnesota cities have the most investment banking analyst jobs?
Minneapolis account for the most investment banking analyst openings in Minnesota. Minneapolis dominates because it is home to the headquarters and regional offices of the state's largest financial services firms and corporate clients, while suburban markets such as Minnetonka and Edina attract smaller advisory shops and wealth management operations that also hire analysts.
Are there remote investment banking analyst jobs in Minnesota?
Yes, but they are less common than in purely analytical or technology roles, since investment banking analysts are regularly expected to be present for client meetings, deal closings, and internal deal-team work. About 100% of investment banking analyst openings tied to Minnesota are remote or hybrid as of September 2026, and those that are remote tend to be in financial modeling, research, or due-diligence support functions rather than full client-coverage roles.
How can I get hired as a investment banking analyst in Minnesota with little or no experience?
The most realistic entry path is securing a structured summer analyst internship at a Minneapolis firm such as Piper Sandler or a regional bank's capital markets division while still in school, then converting to a full-time offer. Candidates without internship experience can apply to rotational associate programs at Minnesota-based financial institutions, or move laterally from corporate finance, accounting, or equity research roles. Earning the Series 79 license before applying, even if not yet sponsored, signals genuine commitment and gives applicants a measurable edge.
Where can I find and apply to investment banking analyst jobs in Minnesota?
You can find and apply to investment banking analyst jobs in Minnesota on Migrate Mate, which lists current openings from employers hiring in the state. Search the available roles, identify the ones that match your background and target firm type, and apply directly to each listing that fits.
See All 9 Investment Banking Analyst Jobs in Minnesota
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