Macquarie Capital Summer Analyst Internship

Macquarie Capital's summer analyst program typically brings in 15-25 interns across its offices, with the largest cohort in New York. The 10-week program includes training on Macquarie's business model, infrastructure and energy fundamentals, and project finance methodologies. Compensation is competitive at approximately $1,900-$2,000 per week, reflecting the specialized nature of the work. The intern experience is differentiated by exposure to Macquarie's unique combination of advisory and principal investing: interns may work on infrastructure transactions, renewable energy project evaluations, or M&A mandates in the firm's core sectors. The entrepreneurial culture means interns are encouraged to contribute ideas and take ownership of work products in ways that are less common at more hierarchical banks. Macquarie's diverse business lines also provide opportunities for interns to learn about asset management and investment alongside traditional banking. The conversion rate is approximately 70-80%, with the firm favoring candidates who demonstrate both analytical rigor and the entrepreneurial mindset that defines Macquarie's culture. Recruiting follows the standard US banking timeline, with applications in late summer and interviews through the fall. Macquarie seeks candidates with genuine interest in infrastructure, energy, or real assets, and coursework or experience in these areas is a significant differentiator. The firm recruits from a range of schools and is less tied to the traditional target school hierarchy than US bulge brackets. Networking with Macquarie professionals and demonstrating specific knowledge of the firm's business model are the most effective ways to stand out.