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Jefferies Summer Analyst Internship
Everything you need to know about the JEF summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.
$2,115/week
10 weeks
~75-85%
Internship Compensation
Weekly Pay
$2,115
Annualized Salary
$110,000
Housing Stipend
$7,000
Relocation
Up to $2,000 for domestic relocation
Meals: Seamless dinner stipend when working past 7pm
Transport: Car service after 9pm on weekdays
Recruiting Timeline
Applications Open
August-September (year before)
HireVue Deadline
October
First Round Interviews
September-November
Superdays
October-December
Offers Extended
November-January
Application Tips
- Research Jefferies' positioning as the largest non-bulge bracket bank
- Demonstrate interest in the firm's entrepreneurial culture and product breadth
- Prepare for technical questions across M&A, capital markets, and restructuring
- Highlight ability to thrive in dynamic, growth-oriented environments
What to Expect
Jefferies' summer program provides exposure to a full-service investment banking platform with the culture and access of a smaller firm. Interns work across M&A advisory, capital markets, and restructuring, gaining broader product exposure than many elite boutique programs. Class sizes are moderate (40-60 interns), providing balance between resources and individual attention. The program includes structured rotations allowing interns to experience multiple groups before full-time placement. Jefferies emphasizes technical training, deal execution skills, and relationship building. The firm's entrepreneurial culture and growth trajectory create opportunities for high performers to advance quickly. Conversion rates are strong, with the Jefferies platform offering flexibility to explore different product areas post-internship.
Intern Perks
- Rotational exposure to coverage and product groups
- Capital markets training
- Restructuring advisory experience
- Networking across global offices
- Comprehensive technical training program
Frequently Asked Questions
How much do JEF summer analysts make?
Jefferies summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.
What is the JEF intern conversion rate?
The conversion rate for Jefferies summer analysts to full-time offers is approximately ~75-85%. Final week of internship.
When should I apply to Jefferies?
Applications for the Jefferies Investment Banking Summer Analyst Program typically open August-September (year before). First round interviews are held September-November, with Superdays October-December.