2027 Investment Banking Summer Associate Program – Chicago or New York, Industrials Group

About the role

Ten-week Investment Banking Summer Associate program in Jefferies’ Industrials Group, based in Chicago or New York. Associates work with senior bankers on pitches and live transactions, perform valuation and modeling, prepare client materials, and contribute to M&A, financing, restructuring, and recapitalization engagements while developing through training, mentoring, and reviews.

Responsibilities

• Perform and review financial valuation, discounted cash flow, and comparable-company analyses.
• Build and use financial models for pitches and transaction execution.
• Prepare pitch books, offering memorandums, prospectuses, and other live deal materials.
• Conduct industry and product research and analyze detailed corporate and financial information.
• Participate in financings, M&A, restructuring, and recapitalization transactions.
• Oversee Summer Analysts’ work product and contribute to client deliverables.

Program and Team

• Complete orientation and training before beginning day-to-day responsibilities.
• Work closely with senior bankers on pitches and live deals within a lean deal-team structure.
• Receive ongoing support from colleagues serving as instructors and mentors.
• Attend social and educational events supporting professional development and networking.
• Receive formal performance reviews during the program.
• The Chicago team covers industrial services, multi-industrials, and capital goods clients; New York hosts the broader Diversified Industrials team.

Candidate Requirements

• Be completing the first year of a two-year MBA degree or equivalent.
• Demonstrate a strong academic background and professional, client-management, written, verbal, and technical skills.
• Manage multiple projects simultaneously in a fast-paced, intense, and intellectually stimulating environment.
• Work effectively under pressure and tight deadlines, independently and collaboratively.
• Demonstrate adaptability, creativity, excellence, integrity, and a collaborative approach.
• Be graduating with an MBA between December 2027 and June 2028.

Helpful Background

• A background in accounting or finance is helpful, though candidates from varied academic disciplines are considered.