2027 Investment Banking Summer Associate Program – San Francisco, Technology, Media & Telecom Group

About the role

Jefferies offers a 10-week Summer Associate Program in Investment Banking within the Technology, Media & Telecom Group in San Francisco. Associates work closely with senior bankers on live deals, gaining hands-on experience in financial analysis, modeling, and client deliverables.

Program Responsibilities

• Perform and review financial valuation, DCF, and comparable company analyses.
• Build and use financial models for various transactions.
• Prepare pitch books and live deal materials like offering memorandums.
• Conduct industry and product research relevant to client sectors.
• Analyze detailed corporate and financial information.
• Participate in execution of financings, M&A, restructuring, and recapitalization transactions.

Candidate Profile

• 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 internship with formal orientation and training.
• Support from instructors and mentors throughout the program.
• Includes social and educational events for professional development.
• Formal performance reviews provided to maximize experience.
• Salary is $175,000 pro-rated for the 10-week duration.
• Location: San Francisco, CA in the Technology Group.

About the Team

• Jefferies Global TMT Group is a large franchise with over 215 bankers worldwide.
• Provides full investment banking services including M&A, ECM, leveraged finance, and restructuring.
• Focuses on sectors like software, internet, fintech, semiconductors, media, and telecom.
• Offices in New York, San Francisco, London, Mumbai, Singapore, and Hong Kong.
• Team has experienced tremendous growth in recent years.
• Offers exposure to growth stage and established public and private companies.