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Investment Banking Summer Analyst Program

Guggenheim Partners Summer Analyst Internship

Everything you need to know about the Guggenheim summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.

Weekly Pay

$2,150/week

Duration

10 weeks

Conversion Rate

~75-85%

Internship Compensation

Weekly Pay

$2,150

Annualized Salary

$111,800

Housing Stipend

$8,000

Relocation

Up to $2,000 for domestic relocation

Meals: Dinner stipend for working past 8pm

Transport: Unlimited car service after 9pm

Recruiting Timeline

1

Applications Open

August-September (year before)

2

HireVue Deadline

October

3

First Round Interviews

September-November

4

Superdays

October-December

5

Offers Extended

November-January

Application Tips

  • Demonstrate interest in restructuring and special situations
  • Highlight quantitative skills and distressed analysis experience
  • Research Guggenheim's diversified business model beyond investment banking
  • Prepare for technical questions on bankruptcy processes and capital structure

What to Expect

Guggenheim's summer program offers unique exposure to both traditional M&A and the firm's market-leading restructuring practice. Interns typically staff a mix of advisory and restructuring deals, gaining perspective on complex capital structure work that few elite boutiques can provide. The smaller intern class (15-20 students) ensures substantial responsibility and direct client exposure. Interns participate in weekly educational sessions covering distressed investing, bankruptcy law, and special situations analysis. The program emphasizes building relationships across Guggenheim's broader platform, including asset management and insurance divisions. Strong performers often receive aggressive full-time offers with flexibility to rotate between groups.

Intern Perks

  • Mentorship pairing with senior bankers
  • Exposure to restructuring advisory
  • Access to Guggenheim Partners resources
  • Networking events with asset management teams

Frequently Asked Questions

How much do Guggenheim summer analysts make?

Guggenheim Partners summer analysts earn $2,150 per week, which annualizes to approximately $111,800. The program typically runs for 10 weeks.

What is the Guggenheim intern conversion rate?

The conversion rate for Guggenheim Partners summer analysts to full-time offers is approximately ~75-85%. Final week of internship.

When should I apply to Guggenheim Partners?

Applications for the Guggenheim Partners Investment Banking Summer Analyst Program typically open August-September (year before). First round interviews are held September-November, with Superdays October-December.

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