Nomura Summer Analyst Internship
Everything you need to know about the Nomura 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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$1,800/week
10 weeks
~65-70%
Overview
Nomura's 10-week Investment Banking Summer Analyst program pays roughly $1,800 per week and converts about 65-70% of interns to full-time offers, with cross-border deal exposure that connects Asian and Western markets as its defining trait.
Key facts
- Nomura's Investment Banking Summer Analyst program runs 10 weeks from June to August.
- Interns are paid approximately $1,800 per week, around $94,000 annualized, plus a $2,800 housing stipend.
- Nomura converts roughly 65-70% of summer analysts to full-time offers, with return offers extended in the final week of the program.
- The program brings in approximately 20-35 interns across global offices, with significant cohorts in London, New York, Hong Kong, and Tokyo.
- Relocation assistance is available for select candidates.
Compensation
Summer analysts earn approximately $1,800 per week, which annualizes to around $94,000. Nomura adds a $2,800 housing stipend, and relocation assistance is available for select candidates.
Conversion & Return Offers
Roughly 65-70% of interns convert to full-time offers, and return offers are extended in the final week of the program. The conversion rate has improved in recent years, reflecting the bank's stabilization after the post-Lehman integration period.
The Experience
The program includes structured training covering financial modeling, Nomura's product capabilities, and Asian market fundamentals. Its defining feature is exposure to cross-border deal flow connecting Asian and Western markets, a dimension few competitors offer at the intern level. Interns may work on transactions involving Japanese corporates acquiring Western assets, or Western companies accessing Asian capital markets. Cultural programming helps interns understand Nomura's Japanese heritage and how it shapes business practices.
Recruiting & Timing
Nomura recruits globally with a particular emphasis on candidates who bring cross-cultural competence, Asian language skills, or demonstrated interest in Asian markets. The process includes online assessments, phone interviews, and a final assessment day. The timeline varies by region but generally aligns with local banking recruitment cycles, and candidates with experience living or studying in Asia are valued.
Internship Compensation
Weekly Pay
$1,800
Annualized Salary
$94,000
Housing Stipend
$2,800
Relocation
Available for select candidates
Meals: Meal support
Transport: Transportation allowance
Recruiting Timeline
Applications Open
August-October (year before)
HireVue Deadline
October
First Round Interviews
October-December
Superdays
November-February
Offers Extended
December-March
Application Tips
- Emphasize interest in Japanese corporate banking and Asia markets
- Highlight cultural awareness and global perspective
- Prepare technical questions on M&A, ECM, and valuation
- Show understanding of Nomura's Japanese heritage and global platform
What to Expect
Nomura's summer program provides exposure to Japanese corporate banking and Asia-focused transactions. Training in the first week covers modeling, valuation, and equity capital markets fundamentals. Interns work on live M&A and ECM transactions, often involving Japanese multinationals or cross-border deals. The culture emphasizes professionalism and relationship building, with opportunities to interact with Japanese and international bankers. Performance is evaluated through mid-summer and final reviews, with return offers based on technical ability, cultural fit, and interest in Asia markets. Exit opportunities include multinational corporate development and Asia-focused private equity.
Intern Perks
- Japanese corporate coverage
- Asia M&A and ECM exposure
- Global platform training
Frequently Asked Questions
How much do Nomura summer analysts make?
Nomura summer analysts earn $1,800 per week, which annualizes to approximately $94,000. The program typically runs for 10 weeks.
What is the Nomura intern conversion rate?
The conversion rate for Nomura summer analysts to full-time offers is approximately ~65-70%. Final week of program.
When should I apply to Nomura?
Applications for the Nomura Investment Banking Summer Analyst typically open August-October (year before). First round interviews are held October-December, with Superdays November-February.
More Nomura Resources
Sources
- Nomura - Careers. Nomura (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)