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Summer Analyst Program

Raine Group Summer Analyst Internship

Everything you need to know about the Raine Group 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

$2,180/week

Duration

10 weeks

Conversion Rate

~75-88%

Overview

Raine Group's summer program is intimate and highly selective, with class sizes that typically fall in the single digits. Interns are placed directly onto live TMT advisory mandates and gain meaningful exposure to the firm's investment activities, providing a breadth of experience unusual for a summer program. The absence of a large intern cohort means that the experience is less social than at bigger banks but significantly more substantive in terms of deal exposure and senior banker interaction. Summer analysts are expected to contribute to pitch materials, financial analysis, and market research from the first week, and the learning curve is accelerated by the firm's lean staffing model. Mentorship at Raine is informal but effective, with senior bankers accessible and invested in intern development given the small team size. Conversion rates tend to be high, as the firm selects interns with the intention of making full-time offers to strong performers. The program provides an unusual window into how advisory and principal investing can work together within a single platform, giving interns perspective that is difficult to obtain at a pure-play advisory firm or a traditional investment fund. Networking during the internship centers on building genuine relationships within the team and leveraging the firm's industry connections. For candidates with a strong interest in the TMT sector and comfort with an entrepreneurial environment, the Raine internship offers a distinctive and valuable experience.

Internship Compensation

Weekly Pay

$2,180

Annualized Salary

$113,360

Housing Stipend

$7,500

Relocation

Up to $2,000 for domestic relocation

Meals: Unlimited meal delivery when working late

Transport: Unlimited car service after 8pm

Recruiting Timeline

1

Applications Open

January-April of sophomore year

2

HireVue Deadline

April-June of sophomore year

3

First Round Interviews

April-July of sophomore year

4

Superdays

June-September of sophomore year

5

Offers Extended

July-October of sophomore year

Application Tips

  • Demonstrate passion for sports, media, technology, and consumer sectors
  • Research Raine's merchant banking investments and strategic positioning
  • Prepare for discussions about digital media disruption and sports tech
  • Showcase entrepreneurial mindset and sector expertise

What to Expect

Raine Group's summer program offers distinctive exposure to the intersection of technology, media, sports, and consumer industries through both M&A advisory and merchant banking lenses. Interns work on transformative transactions involving sports franchises, media platforms, and consumer tech companies while gaining visibility into Raine's investment portfolio. The small intern class (typically 8-12 students) ensures substantial responsibility and direct access to senior bankers and firm founders. The program emphasizes understanding secular trends in content consumption, sports monetization, and consumer behavior. Interns participate in meetings with entrepreneurs, league executives, and content creators. Raine's culture values sector passion and strategic thinking, with strong performers receiving full-time offers and potential long-term merchant banking carry participation.

Intern Perks

  • Merchant banking portfolio exposure
  • Sports and entertainment industry immersion
  • Founder and executive networking
  • Media technology sector training
  • Small class size with high responsibility

Frequently Asked Questions

How much do Raine Group summer analysts make?

Raine Group summer analysts earn $2,180 per week, which annualizes to approximately $113,360. The program typically runs for 10 weeks.

What is the Raine Group intern conversion rate?

The conversion rate for Raine Group summer analysts to full-time offers is approximately ~75-88%. Last week of program.

When should I apply to Raine Group?

Applications for the Raine Group Summer Analyst Program typically open January-April of sophomore year. First round interviews are held April-July of sophomore year, with Superdays June-September of sophomore year.

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