2027 Capital Markets, Global Investment Banking Summer Associate

About the role

RBC Capital Markets offers a 10-week Summer Associate Program in Global Investment Banking for rising second-year MBA students. Participants gain hands-on experience in live transactions, financial modeling, and client engagement within various industry and product groups in New York.

Program Details

• 10-week summer program for rising second-year MBA students.
• Location: New York, NY at RBC Capital Markets.
• Work 40 hours per week in a full-time, salaried position.
• Focus on Global Investment Banking platform.
• Engage in live transactions and client-facing initiatives.
• Mentorship provided by full-time Associates or Vice Presidents.

Responsibilities

• Work on live transactions and business development initiatives.
• Develop and maintain complex financial models.
• Contribute to client meetings and presentations.
• Conduct market trend research and analysis.
• Analyze future business opportunities.
• Gain exposure to nine industry groups and M&A product group.

Industry Groups

• Communications, Media and Entertainment (CME).
• Consumer/Retail.
• Financial Services (FIG).
• Healthcare.
• Industrials.
• Power, Utilities and Infrastructure.

Additional Industry Groups

• Real Estate.
• Technology.

Candidate Requirements

• Enrolled in an accredited 2-year MBA program, penultimate year.
• Minimum 2 years post-undergraduate work experience.
• Ability to manage multiple priorities in a fast-paced environment.
• Strong collaboration, communication, and relationship-building skills.
• Demonstrate integrity and inclusive mindset.
• Well-rounded interests beyond academics.

Compensation and Application

• Expected salary around $175,000, depending on experience.
• Application deadline: 2026-12-11, 11:59 PM.
• Program posted on 2026-08-28.
• Equal opportunity employer committed to diversity and inclusion.
• Work location: Brookfield Place, 200 Vesey Street, New York.
• 40 hours per week, full-time, salaried internship.