2028 Investment Banking Summer Analyst Program – Chicago, Mergers & Acquisitions Group

About the role

Ten-week Investment Banking Summer Analyst internship in Jefferies’ Chicago M&A Group. Analysts support live mergers and acquisitions and financing transactions for biotechnology and pharmaceutical clients, performing valuation, financial modelling, research, and transaction materials preparation while working closely with senior bankers in a fast-paced, collaborative environment.

Responsibilities

• Perform financial valuation, discounted cash flow, and multiples-based analyses.
• Build and use financial models for transaction and company analysis.
• Prepare pitchbooks, offering memorandums, prospectuses, and other live deal materials.
• Conduct industry and product research and analyze detailed corporate and financial information.
• Participate in financing and mergers and acquisitions transaction execution.

Team and Exposure

• Work within Jefferies’ Chicago M&A Group, serving biotechnology and pharmaceutical clients globally.
• Gain exposure to buyside, sellside, activism and shareholder defense, and strategic alternatives situations.
• Collaborate with Healthcare Group colleagues across United States and international offices.
• Work closely with senior bankers on pitches and live deals in lean deal teams.

Program Experience

• Complete an orientation and training program before beginning day-to-day responsibilities.
• Receive support from colleagues serving as instructors and mentors throughout the internship.
• Attend social and educational events supporting professional development and networking.
• Receive formal performance reviews during the program.

Candidate Profile

• Complete the junior year of a four-year Bachelor’s degree or equivalent program.
• Graduate between December 2028 and June 2029.
• Demonstrate a strong academic background, professionalism, and client management skills.
• Show strong technical, written, and verbal communication skills.
• Manage multiple projects, work under pressure and tight deadlines, and adapt effectively.
• Work independently and collaboratively with integrity in a fast-paced environment.