Deutsche Bank Internship Programme - PhD Research Intern - 2027

About the role

A ten-week London internship for PhD students in economics, finance, econometrics, financial mathematics or statistics. You will analyse market events, develop models and investment strategies, manage datasets, support financial research publications, and collaborate with macroeconomics and finance specialists across Deutsche Bank.

Role and Responsibilities

• Analyse and explain market events affecting financial markets, the economy and society.
• Develop models and investment strategies to support research and client-facing analysis.
• Manage large datasets and apply empirical research techniques to real-world market issues.
• Assist with publishing a wide range of financial research.
• Collaborate with teams across Deutsche Bank and interact with clients.

Division

• Deutsche Bank Research provides economic and financial analysis across asset allocation and major industry sectors.
• The division identifies risks and opportunities and advises the bank, clients and stakeholders.
• The internship provides exposure to global macroeconomics, finance and the Investment Bank’s research activities.

Programme Details

• The programme includes formal training, continuous support and practical, on-the-job experience.
• Interns develop research skills, understand team culture and build a professional network.
• Successful interns may be offered a full-time Research or Rates division role in 2028, subject to performance.

Eligibility and Skills

• Applicants must be PhD students in economics, finance, econometrics, financial mathematics, statistics or a related discipline.
• Applicants must complete their studies between 1 May 2026 and 30 November 2027.
• Applicants need a 2:1 or First undergraduate degree and a pass, merit or distinction postgraduate result.
• Applicants must have no more than 12 months of relevant full-time work experience.
• Preferred skills include empirical research, large-dataset management, AI-supported research and statistical programming.
• Strong communication skills, technical ability and programming experience in Python, EViews or similar are preferred.

Application

• The internship is based in London and starts between June and August 2027.
• Only one UK application may be submitted per recruitment season.
• Applications are reviewed on a rolling basis and the role may close before the stated deadline.
• Applicants should apply early because early closure will be communicated 48 hours in advance.