2027 Investment Banking Summer Associate Program – Chicago, Industrials Group

About the role

Jefferies offers a 10-week Investment Banking Summer Associate Program in Chicago focusing on Industrials. Associates work closely with senior bankers on live deals, gaining hands-on experience in financial analysis, modeling, and client deliverables.

Program Responsibilities

• Perform financial valuation, discounted cash flow, and comparable company analyses.
• Build and use financial models for pitch books and deal materials.
• Prepare offering memorandums and prospectuses for live deals.
• Conduct industry and product research to support transactions.
• Analyze detailed corporate and financial information.
• Participate in execution of financings, M&A, restructuring, and recapitalization transactions.

Candidate Requirements

• Currently completing first year of a two-year MBA or equivalent.
• Graduating between December 2027 and June 2028.
• Strong academic background; accounting or finance helpful but not required.
• Ability to multitask and manage multiple projects simultaneously.
• Strong technical, written, and verbal communication skills.
• Professionalism, client management skills, and ability to work under pressure.

Program Details

• 10-week summer program with orientation and training.
• Formal performance reviews provided during the program.
• Social and educational events to enhance professional development.
• Opportunity to work as a full-time Associate post-program.
• Salary is $175,000 pro-rated for the duration.
• Located in Jefferies' Chicago office, focusing on Industrials group.

About the Team

• Chicago Industrials group covers industrial services, multi-industrials, and capital goods.
• Focus on M&A and full suite of equity and debt products.
• Executed over $100bn of M&A transactions in 15 years.
• Team of ~10 bankers from Analyst to Managing Director.
• Emphasis on career development and internal talent growth.
• Close partnership with Diversified Industrials team in New York.