Summer Analyst Program

Oppenheimer & Co. Summer Analyst Internship

Everything you need to know about the Oppenheimer & Co. 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

$1,700/week

Duration

10 weeks

Conversion Rate

~60-70%

Overview

Oppenheimer & Co.'s Summer Analyst Program is a small, high-touch 10-week internship that brings in just 5-10 interns each year and converts roughly 60-70% to full-time offers.

Key facts

  • Oppenheimer's Summer Analyst Program runs 10 weeks from June to August.
  • Interns are paid approximately $1,700 per week, around $88,000 annualized.
  • The program converts roughly 60-70% of interns to full-time offers.
  • Oppenheimer typically brings in 5-10 interns per class given the firm's size.
  • Return offer decisions land in the final week of the program.

Compensation

Summer analysts earn approximately $1,700 per week, which annualizes to around $88,000. The program runs 10 weeks from June to August. Oppenheimer does not provide housing for interns.

Conversion & Return Offers

Roughly 60-70% of interns convert to full-time offers, with the rate varying by year. Return offer decisions are communicated in the final week of the program. Conversion stays strong for a firm this size because Oppenheimer puts significant effort into selecting interns who fit the culture.

The Experience

Oppenheimer typically brings in 5-10 interns, which creates an intensive experience where interns work closely with analysts, associates, and MDs on live transactions. After a brief orientation, interns are placed on a sector or product team. Because the cohort is small, interns get significant responsibility early and contribute directly to pitch books, valuation models, and client deliverables rather than peripheral tasks. The healthcare and technology groups are especially active in giving interns meaningful work, given the volume of middle-market deals in those sectors.

Recruiting & Timing

The recruiting process is less formalized than at larger banks and relies heavily on networking, referrals, and targeted outreach to schools where the firm has relationships. Candidates who reach out to Oppenheimer bankers through alumni networks or industry events have a meaningful advantage. The firm looks for intellectual curiosity, reliability, and genuine interest in middle-market banking rather than candidates treating the internship as a stepping stone to a larger firm.

Internship Compensation

Weekly Pay

$1,700

Annualized Salary

$88,000

Meals: Meal allowance

Transport: Transportation support

Recruiting Timeline

1

Applications Open

September-November (year before)

2

HireVue Deadline

November

3

First Round Interviews

November-January

4

Superdays

December-February

5

Offers Extended

January-March

Application Tips

  • Emphasize interest in middle-market M&A and equity capital markets
  • Highlight entrepreneurial mindset and desire for mentorship
  • Prepare technical questions on valuation and IPO processes
  • Show understanding of Oppenheimer's integrated platform

What to Expect

Oppenheimer's summer program provides hands-on middle-market investment banking experience in a boutique environment. Training in the first week covers modeling, valuation, and ECM fundamentals. Interns work on live M&A and capital raising transactions, gaining exposure to middle-market clients and entrepreneurial deal flow. The culture is collegial and supportive, with direct access to senior bankers and mentorship. Performance is evaluated through mid-summer and final reviews, with return offers based on technical skills, work ethic, and cultural fit. Exit opportunities include middle-market private equity, corporate development, and wealth management.

Intern Perks

  • Equity capital markets exposure
  • Wealth management integration
  • Entrepreneurial training

Frequently Asked Questions

How much do Oppenheimer & Co. summer analysts make?

Oppenheimer & Co. summer analysts earn $1,700 per week, which annualizes to approximately $88,000. The program typically runs for 10 weeks.

What is the Oppenheimer & Co. intern conversion rate?

The conversion rate for Oppenheimer & Co. summer analysts to full-time offers is approximately ~60-70%. Final week of program.

When should I apply to Oppenheimer & Co.?

Applications for the Oppenheimer & Co. Summer Analyst Program typically open September-November (year before). First round interviews are held November-January, with Superdays December-February.

Sources

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

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