Still searching for that coveted summer internship opportunity? Poets&Quants For Undergrads is here to help.
Over the next few weeks, we’ll be highlighting the 10 Best Internships for a variety of industries geared to young business students. The internships were evaluated and ranked by Firsthand.co, a career engagement and mentoring platform for college students and alumni, acquired by Vault in January 2021. Formerly known as Career Insider, Vault offers a large database of career and industry guides for a variety of disciplines.
In case you missed it, check out Vault’s 10 Best Consulting Internships for 2022. This week, we’re counting down the top 10 internships for investment banking. Take it away …
10: Houlihan Lokey Internship
Vault score: 8.546
Academic level: Sophomores, juniors and seniors
Compensation: Paid
Duration: 10 weeks
Houlihan Lokey is a global investment bank specializing in mergers and acquisitions, capital markets, financial restructuring, and valuation. Vault also ranked this internship #20 in Best Internships for Finance and #96 in its 100 Best Internships.
About the internship: After a week of training, Houlihan Lokey interns work alongside full-time staff for genuine hands-on experience working on financial deals. One past intern called it “a fantastic learning opportunity with team members who really care about your development.” Another said it provided “an in-depth look into the investment banking space with strong training, learning, and responsibility.”
9: Perella Weinberg Partners Advisory Summer Internship Program
Vault score: 8.552
Academic level: Seniors
Compensation: Paid
Duration: 10 weeks
Perella Weinberg Partners is a leading global independent advisory firm, providing strategic and financial advice across a range of the most active industry sectors and international markets. With more than 580 employees, PWP maintains offices in New York, London, Houston, Calgary, Chicago, Denver, Los Angeles, Munich, Paris, and San Francisco. Vault ranked this internship #16 Best Internships for Finance and #95 in its 100 Best Internships.
About the internship: This internship is designed to mimic real world experience as a PWP employee. Interns work directly with admivory M&A and restructuring senior bankers.
Responsibilities:
- Building financial valuation models
- Creating client presentations
- Actively engaging on complex transaction, including live deals
- Participating in broad modeling and quantitative analysis
- Engaging in due diligence processes
- Conducting company and industry research
Intern opportunities available in New York, London, Houston, Calgary, Chicago, Los Angeles, Munich, Paris and San Francisco offices.
8: Guggenheim Securities Summer Analyst Internship Program
Vault score: 8.638
Academic level: Juniors
Compensation: Paid
Duration: 6-12 weeks
Guggenheim Securities is the investment banking arm of Guggenheim Partners, employing more than 2,400 worldwide. Headquartered in Chicago and New York, it provides advisory, sales and trading, research, and financing services. Vault ranked this internship #24 Best Internships for Finance and #90 in its 100 Best Internships.
About the internship: Summer analysts are exposed to the day-to-day operations of key business units within the company while receiving mentorship, performance evaluations, networking opportunities, and a speaker series. Investment banking internship opportunities are available in New York and Houston.
Next page: Best Investment Banking Internships, Nos. 7-4