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Investment Banking Summer Analyst Program

Lincoln International Summer Analyst Internship

Everything you need to know about the Lincoln International 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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Weekly Pay

$1,920/week

Duration

10 weeks

Conversion Rate

~70-80%

Overview

Lincoln International's summer analyst program provides an intensive introduction to middle market M&A advisory within a supportive and collaborative environment. Interns are placed into deal teams and begin contributing to live sell-side mandates, valuation engagements, and pitch materials within the first week. The program includes structured training on financial modeling, valuation, and M&A processes, along with regular check-ins and feedback sessions. Lincoln's relatively small intern class sizes ensure that every summer analyst has meaningful interaction with senior bankers and genuine ownership of work product. Mentorship is a core part of the experience, with formal mentor assignments supplemented by organic relationships that develop through daily collaboration. Conversion rates are strong, as Lincoln uses the internship as a primary pipeline for full-time hiring. One advantage of the Lincoln program is the volume of deal exposure: because the firm is constantly running middle market sell-side processes, interns see multiple transactions in different stages throughout the summer, accelerating their understanding of the complete M&A lifecycle. The firm's cross-border capabilities also provide interns with exposure to international deal dynamics, particularly for those in offices that handle European transactions. The culture during the summer is demanding but genuinely supportive, with senior bankers who are invested in developing the next generation of middle market advisors. For candidates seeking substantial deal experience within a positive team environment, Lincoln's internship is an excellent option.

Internship Compensation

Weekly Pay

$1,920

Annualized Salary

$99,840

Housing Stipend

$5,000

Relocation

Up to $1,500 for domestic relocation

Meals: Dinner expense coverage when working late

Transport: Car service for late nights in major cities

Recruiting Timeline

1

Applications Open

March-June of sophomore year

2

HireVue Deadline

June-August of sophomore year

3

First Round Interviews

June-September of sophomore year

4

Superdays

August-November of sophomore year

5

Offers Extended

September-December of sophomore year

Application Tips

  • Research Lincoln's global platform and middle market focus
  • Demonstrate interest in cross-border M&A and valuation advisory
  • Prepare for technical questions on valuation methodologies
  • Highlight language skills or international experience if applicable

What to Expect

Lincoln International's summer program provides exposure to global middle market M&A and specialized valuation advisory services. Interns work on cross-border transactions and complex valuations, gaining technical skills and international market perspective. The program emphasizes analytical rigor and professional development across Lincoln's global office network. Class sizes are moderate (25-40 interns globally), with opportunities for cross-office collaboration. The culture values technical excellence, independent thinking, and long-term career development. Interns typically work on multiple concurrent transactions, building modeling skills and client exposure. Lincoln's employee-owned structure means interns interact regularly with senior bankers who have direct equity stakes in firm success. Strong performers receive return offers with potential international rotation opportunities.

Intern Perks

  • Global deal exposure
  • Valuation advisory training
  • Cross-border M&A experience
  • International office interaction
  • Technical skill development focus

Frequently Asked Questions

How much do Lincoln International summer analysts make?

Lincoln International summer analysts earn $1,920 per week, which annualizes to approximately $99,840. The program typically runs for 10 weeks.

What is the Lincoln International intern conversion rate?

The conversion rate for Lincoln International summer analysts to full-time offers is approximately ~70-80%. Final week of internship.

When should I apply to Lincoln International?

Applications for the Lincoln International Investment Banking Summer Analyst Program typically open March-June of sophomore year. First round interviews are held June-September of sophomore year, with Superdays August-November of sophomore year.

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