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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's summer analyst program is small and highly selective, typically bringing in 5-10 interns given the firm's size. This creates an intensive, high-touch experience where interns work closely with analysts, associates, and MDs on live transactions. Compensation is approximately $1,600-$1,700 per week, competitive with other firms of similar scale. The program runs for 10 weeks and includes a brief orientation period before interns are placed on a sector or product team. Due to the small cohort size, interns receive significant responsibility early, often contributing directly to pitch books, valuation models, and client deliverables rather than performing peripheral tasks. Oppenheimer's healthcare and technology groups are particularly active in providing meaningful intern experiences, given the frequency of middle-market transactions in these sectors. The conversion rate varies by year but is typically strong for a firm of this size, as Oppenheimer invests significant effort in selecting interns who fit the culture. The recruiting process is less formalized than larger banks and relies heavily on networking, referrals, and targeted outreach to schools where the firm has established relationships. Candidates who proactively 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 using the internship as a resume line for larger firms.

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.

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