PJT Partners Summer Analyst Internship
Everything you need to know about the PJT Partners 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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$2,200/week
10 weeks
~75-80%
Overview
PJT Partners runs a 10-week Summer Analyst Program with only 15 to 25 interns, converting roughly 75-80% to full-time offers in a setting where interns are known by name.
Key facts
- PJT Partners interns earn about $2,200 per week, roughly $115,000 annualized.
- The Summer Analyst Program runs 10 weeks, from June to August.
- PJT Partners converts roughly 75-80% of summer interns to full-time offers, with return offers extended in the final week of the program.
- The program hosts only 15 to 25 interns per class.
- Restructuring interns gain exposure to distressed situations, creditor negotiations, and capital structure analysis.
Compensation
PJT Partners pays summer analysts about $2,200 per week, which annualizes to roughly $115,000. The program runs 10 weeks from June to August. Housing is not provided.
Conversion And Return Offers
PJT converts roughly 75-80% of its summer class to full-time analyst offers, and return decisions come in the final week of the program. The firm treats the internship as the primary source for full-time analyst hires, so it invests heavily in the pipeline. Evaluation weighs technical ability, work ethic, and cultural alignment with PJT's founder-driven values.
The Experience
PJT staffs interns on live transactions from early in the summer and expects meaningful contributions to client deliverables. Training covers core financial modeling and valuation, with supplemental instruction on PJT's advisory approach and restructuring fundamentals for those interested in that practice. With only 15 to 25 interns, students get direct access to senior bankers, including MDs and partners, who give real-time feedback. Interns placed in the restructuring group work on distressed situations, creditor negotiations, and capital structure analysis that is rarely available at other internships.
Recruiting And Timing
The recruiting process is highly selective. PJT's reputation attracts top candidates, who work through technically demanding interviews. The internship fits candidates who want the deal quality of an elite boutique in a small setting where they build relationships with decision-makers rather than sitting anonymous in a large cohort.
Internship Compensation
Weekly Pay
$2,200
Annualized Salary
$115,000
Meals: Dinner and snacks
Transport: Car service provided
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 strategic advisory and complex financial situations
- Prepare for technical questions on restructuring and M&A
- Show understanding of PJT's unique platform combining advisory and restructuring
- Demonstrate intellectual curiosity and ability to handle ambiguity
What to Expect
PJT Partners' internship provides exposure to a distinctive mix of M&A, restructuring, and activist defense. With 30-40 interns globally, the program is highly selective. The first week includes technical training on modeling, valuation, and restructuring analysis. Interns are staffed on live transactions, often gaining exposure to both strategic advisory and distressed situations. The culture emphasizes analytical rigor and creative problem-solving, with senior bankers actively involved in intern development. Performance is evaluated through mid-summer and final reviews, with return offers based on technical proficiency, work ethic, and cultural fit. Exit opportunities into private equity and restructuring funds are strong.
Intern Perks
- Restructuring and M&A dual exposure
- Partner mentorship
- Activist defense training
Frequently Asked Questions
How much do PJT Partners summer analysts make?
PJT Partners summer analysts earn $2,200 per week, which annualizes to approximately $115,000. The program typically runs for 10 weeks.
What is the PJT Partners intern conversion rate?
The conversion rate for PJT Partners summer analysts to full-time offers is approximately ~75-80%. Final week of program.
When should I apply to PJT Partners?
Applications for the PJT Partners Summer Analyst Program typically open August-October (year before). First round interviews are held October-December, with Superdays November-February.
More PJT Partners Resources
Sources
- PJT Partners - Campus Recruiting. PJT Partners (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)