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BMO Capital Markets Summer Analyst Internship
Everything you need to know about the BMO summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.
$1,850/week
10 weeks
~65-70%
Internship Compensation
Weekly Pay
$1,850
Annualized Salary
$96,000
Housing Stipend
$3,000
Relocation
Available for Canadian and US candidates
Meals: Meal allowance
Transport: Transportation support
Recruiting Timeline
Applications Open
August-October (year before)
HireVue Deadline
October
First Round Interviews
October-December
Superdays
November-February
Offers Extended
December-March
Application Tips
- Emphasize interest in natural resources, energy, or industrials
- Highlight work-life balance values alongside deal experience
- Prepare technical questions on M&A and valuation
- Show awareness of BMO's Canadian roots and US growth strategy
What to Expect
BMO Capital Markets' summer program combines US investment banking training with Canadian bank culture. The first week includes modeling, valuation, and presentation skills training. Interns work on live transactions, often in natural resources or cross-border M&A, gaining exposure to BMO's sector strengths. The culture emphasizes collaboration and sustainability, with more predictable hours than top bulge brackets. Performance is evaluated through mid-summer and final reviews, with return offers based on technical ability, teamwork, and cultural fit. Exit opportunities include corporate development at resource companies and middle-market private equity.
Intern Perks
- Natural resources sector exposure
- Work-life balance focus
- Cross-border banking training
Frequently Asked Questions
How much do BMO summer analysts make?
BMO Capital Markets summer analysts earn $1,850 per week, which annualizes to approximately $96,000. The program typically runs for 10 weeks.
What is the BMO intern conversion rate?
The conversion rate for BMO Capital Markets summer analysts to full-time offers is approximately ~65-70%. Final week of program.
When should I apply to BMO Capital Markets?
Applications for the BMO Capital Markets Investment Banking Summer Analyst typically open August-October (year before). First round interviews are held October-December, with Superdays November-February.