2028 Investment Banking Summer Analyst Program – New York, Equity Capital Markets Group

About the role

The 10-week Jefferies Equity Capital Markets Summer Analyst internship in New York provides hands-on experience supporting equity offerings, equity-linked financings, and related banking activities. Interns rotate across ECM sector and product teams, work with senior bankers on live transactions, and develop valuation, modeling, research, and presentation skills.

Responsibilities

• Perform financial valuation, discounted cash flow, and multiples-based analyses.
• Build and maintain financial models and databases supporting banking activities.
• Prepare pitchbooks, offering memorandums, prospectuses, proposals, and presentation materials.
• Conduct industry, product, corporate, and financial research.
• Support financings, M&A transactions, refunding analyses, and restructuring analyses.
• Work with senior bankers and interface with underwriters, salespeople, and traders.

Program Details

• The 10-week program takes place at Jefferies’ headquarters in New York.
• The program rotates across ECM sector origination teams and product areas.
• Orientation and training include presentations, coursework, networking, and senior-leader sessions.
• Formal mentorship, colleague support, social events, and educational events support development.
• Summer Analysts receive formal performance reviews during the program.

Equity Capital Markets Group

• ECM originates and executes private and public equity offerings for global clients.
• The team works on IPOs, follow-ons, block trades, private placements, and convertible securities.
• ECM partners with investment banking industry professionals advising corporations, private companies, and financial sponsors.
• The group collaborates with sales, trading, research, and buy-side investment professionals.

Requirements

• 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.
• Have strong technical, written, and verbal communication skills.
• Manage multiple projects, work under pressure and tight deadlines, and adapt effectively.
• Work independently and collaboratively with a high level of integrity.

Helpful Background

• An accounting or finance background can be helpful, although candidates from varied academic disciplines are considered.