Allen & Company Summer Analyst Internship
Everything you need to know about the Allen & Company summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.
Last updated April 2026 · By the Superday AI editorial team
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$2,115/week
10 weeks
~70-85%
Overview
Allen & Company runs a 10-week Summer Analyst Program that hires often fewer than five interns through personal connections, making it the least structured and hardest to access program of any major advisory firm.
Key facts
- The Summer Analyst Program runs 10 weeks from June to August.
- Interns earn roughly $2,115 per week, about $110,000 annualized, plus a $6,500 housing stipend.
- The conversion rate to full-time offers is approximately 70-85%.
- The firm often hires fewer than five summer analysts each year.
- Domestic relocation assistance covers up to $1,500, and return offer decisions come in the final week of the internship.
Compensation
Interns are paid roughly $2,115 per week, which annualizes to about $110,000. On top of weekly pay, the firm provides a $6,500 housing stipend and up to $1,500 for domestic relocation. Housing itself is not provided.
The Experience
This is more apprenticeship than program. There are no formal training sessions, rotation schedules, or cohort activities. Interns work directly alongside senior bankers on whatever mandates are active, with proximity to decision-makers and exposure to high-level strategic conversations that would be inaccessible at larger institutions. Because the firm values discretion, interns quickly learn the importance of confidentiality and professional judgment.
Conversion & Return Offers
The conversion rate to full-time offers runs approximately 70-85%, and return offer decisions arrive in the final week of the internship. The firm invests significant time in selecting interns and treats the summer as a mutual evaluation period. Networking during the program differs from any other bank, since the firm's connections span the most influential figures in media and technology.
Recruiting & Timing
The firm hires an extremely small number of summer analysts, often fewer than five. Recruiting relies almost entirely on personal connections and referrals rather than campus recruiting. The challenge is access: without a referral or connection to the firm, breaking into the program is exceptionally difficult.
Internship Compensation
Weekly Pay
$2,115
Annualized Salary
$110,000
Housing Stipend
$6,500
Relocation
Up to $1,500 for domestic relocation
Meals: Dinner expense coverage when working late
Transport: Car service for late nights
Recruiting Timeline
Applications Open
August-October (year before)
First Round Interviews
September-November
Superdays
October-December
Offers Extended
November-January
Application Tips
- Emphasize long-term relationship building and discretion
- Research Allen's history and Sun Valley Conference significance
- Demonstrate maturity and judgment beyond technical skills
- Prepare for behavioral questions about handling confidential information
What to Expect
Allen & Company's summer program is one of the most exclusive and selective in banking, with an exceptionally small intern class (often fewer than 10 students) chosen for cultural fit and long-term potential. Interns gain extraordinary exposure to senior bankers and iconic clients in the media and technology industries. The program emphasizes relationship skills, strategic thinking, and discretion over pure modeling horsepower. Allen's culture values independent judgment and the ability to contribute to high-level strategic discussions with clients who are often household names. The intimate team environment means interns work directly with partners and gain insights into decades-long client relationships. Conversion rates depend on cultural fit and firm headcount needs, with the Allen pedigree opening unique doors in both finance and operating roles.
Intern Perks
- Exposure to ultra-high-net-worth clients
- Media and tech industry networking
- Small intern class with exceptional mentorship
- Potential Sun Valley Conference attendance
Frequently Asked Questions
How much do Allen & Company summer analysts make?
Allen & Company summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.
What is the Allen & Company intern conversion rate?
The conversion rate for Allen & Company summer analysts to full-time offers is approximately ~70-85%. Final week of internship.
When should I apply to Allen & Company?
Applications for the Allen & Company Summer Analyst Program typically open August-October (year before). First round interviews are held September-November, with Superdays October-December.
More Allen & Company Resources
Sources
- Allen & Company - Careers. Allen & Company (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)