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 runs a 10-week Investment Banking Summer Analyst Program paying $1,920 per week, and roughly 70-80% of interns convert to full-time offers.

Key facts

  • The Investment Banking Summer Analyst Program runs 10 weeks from June to August.
  • Weekly pay is $1,920, about $99,840 annualized, plus a $5,000 housing stipend.
  • Roughly 70-80% of Lincoln interns convert to full-time offers.
  • Domestic relocation assistance is up to $1,500.
  • Return offer decisions come in the final week of the internship.

Compensation

Summer analysts are paid $1,920 per week, which works out to about $99,840 on an annualized basis. Lincoln adds a $5,000 housing stipend rather than providing housing directly, and offers up to $1,500 for domestic relocation.

Conversion And Return Offers

About 70-80% of interns convert to full-time offers. Lincoln uses the internship as a primary pipeline for full-time hiring. Return offer decisions are delivered in the final week of the program.

The Experience

Interns join deal teams and start contributing to live sell-side mandates, valuation engagements, and pitch materials within the first week. Small class sizes mean every summer analyst gets meaningful interaction with senior bankers and real ownership of work product. Because the firm constantly runs middle market sell-side processes, interns see multiple transactions at different stages, which builds a fuller picture of the M&A lifecycle. Cross-border deal flow adds exposure to international dynamics in offices that handle European transactions.

Training And Mentorship

The program includes structured training on financial modeling, valuation, and M&A processes, with regular check-ins and feedback sessions. Mentorship is central: formal mentor assignments are supplemented by relationships that develop through daily collaboration. The summer is demanding but supportive, with senior bankers invested in developing the next generation of middle market advisors.

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.

Sources

  1. Lincoln International - Careers. Lincoln International (accessed 2026-05-14)
  2. Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)

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