2027 NY Summer Associate - Restructuring

About the role

The 2027 New York Summer Associate Program offers MBA and/or JD candidates exposure to restructuring advisory work, including distressed situations, financial analysis, valuation, due diligence, and client presentations. Associates receive formal training, mentoring, and on-the-job experience while working with clients, senior bankers, and deal teams.

Team

• The Restructuring team advises clients in complex turnaround, distressed, and bankruptcy situations.
• The team uses a multidimensional approach to generate optimal outcomes for all stakeholders.

Responsibilities

• Analyze and research company-specific and industry-specific financial information.
• Conduct complex quantitative analysis and financial valuation.
• Create client presentations and develop strategic business ideas based on industry knowledge.
• Participate in due diligence processes and oversee advisory mandate execution within deal teams.

Program

• Receive one week of training followed by an ongoing curriculum covering analytical, relationship-building, and client-facing skills.
• Gain meaningful project responsibility and exposure to clients and senior bankers.
• Participate in formal mentor and buddy programs, wellness initiatives, volunteer activities, and team-building events.
• The program aims to offer successful interns full-time Associate positions.

Requirements

• Complete an MBA and/or JD degree by June 2028.
• Have relevant prior work experience and demonstrated interest in industry participants, drivers, trends, and challenges.
• Demonstrate intellectual curiosity, problem-solving ability, numerical aptitude, and a strong grasp of financial concepts.
• Show a strong work ethic, personal integrity, initiative, clear communication, and a collaborative attitude.

Application And Compensation

• Wharton, Booth, CBS, and Stern candidates should check their school websites for application deadlines.
• Candidates from all other schools must apply by November 5, 2026, at 11:59 PM ET.
• Applicants should apply to only one program.
• The annualized base salary is $185,000, pro-rated for 10 weeks; additional compensation may apply.