Barclays Summer Analyst Internship
Everything you need to know about the Barclays 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
~70-75%
Overview
Barclays runs a 10-week Investment Banking Summer Analyst program paying $2,115 per week, and its smaller intern class plus London connection give interns transatlantic deal exposure and direct visibility to senior bankers.
Key facts
- Barclays' Investment Banking Summer Analyst program runs 10 weeks, from June to August.
- Interns earn $2,115 per week, about $110,000 annualized, plus a $3,500 housing stipend.
- The program converts roughly 70-75% of interns to full-time offers, with return offers decided in the final week.
- Relocation assistance is available on a case-by-case basis; housing itself is not provided.
- Barclays runs a smaller intern class than US-headquartered bulge brackets, creating greater visibility to senior bankers.
Compensation
Interns earn $2,115 per week, which annualizes to about $110,000, plus a $3,500 housing stipend. Housing is not provided directly, but relocation assistance is available on a case-by-case basis. The weekly rate sits in line with bulge bracket norms.
Conversion & Return Offers
The program converts roughly 70-75% of interns to full-time offers. Return offer decisions are delivered in the final week of the program. A mid-summer review gives interns candid feedback before that decision, so there is a clear checkpoint to course-correct.
The Experience
Interns work on live transactions and are staffed alongside full-time analysts, with expectations to contribute to pitch materials and financial models. Training covers technical fundamentals plus Barclays' strengths in credit markets and leveraged finance, giving interns a more diversified skill set than M&A-only programs. The smaller class size means interns get more visibility to senior bankers and can build genuine relationships with MDs during the summer. Those in the leveraged finance group often work on some of the most visible transactions of the summer.
Recruiting & The London Connection
Recruiting follows the standard bulge bracket cadence, but Barclays' smaller class means fewer interview slots and a more competitive process. Evaluation criteria emphasize technical aptitude, attention to detail, and cultural fit. What sets the internship apart is the London connection: interns may work with UK-based teams on cross-border deals, gaining exposure to European deal dynamics that is hard to replicate at purely American firms. Speaker series and networking events add access to senior leaders across geographies.
Internship Compensation
Weekly Pay
$2,115
Annualized Salary
$110,000
Housing Stipend
$3,500
Relocation
Available on case-by-case basis
Meals: Dinner allowance after 7pm
Transport: Car service for late nights
Recruiting Timeline
Applications Open
July-September (year before)
HireVue Deadline
September
First Round Interviews
September-November
Superdays
October-February
Offers Extended
November-March
Application Tips
- Highlight interest in Barclays' sector strength (energy, healthcare, FIG)
- Emphasize collaborative work style in behavioral responses
- Prepare technical questions on valuation and M&A
- Show awareness of Barclays' European heritage and global platform
What to Expect
Barclays' summer program emphasizes hands-on learning in a supportive environment. The first week includes technical training covering modeling, valuation, and presentation skills. Interns are placed with deal teams and typically work on 2-3 live transactions throughout the summer. The culture is collegial, with analysts and associates providing regular mentorship and feedback. Performance reviews occur mid-summer and at program end, with return offers based on technical proficiency, work ethic, and team fit. Social events and networking sessions with senior bankers are frequent, helping interns understand the firm's culture. While deal flow can be more variable than at top American banks, interns gain meaningful exposure to transaction execution.
Intern Perks
- Mentorship program with VPs and MDs
- Social events and networking
- Barclays research access
Frequently Asked Questions
How much do Barclays summer analysts make?
Barclays summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.
What is the Barclays intern conversion rate?
The conversion rate for Barclays summer analysts to full-time offers is approximately ~70-75%. Final week of program.
When should I apply to Barclays?
Applications for the Barclays Investment Banking Summer Analyst typically open July-September (year before). First round interviews are held September-November, with Superdays October-February.
More Barclays Resources
Sources
- Barclays - Early Careers. Barclays (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)