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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$2,180/week
10 weeks
~75-88%
Overview
Raine Group runs a 10-week Summer Analyst Program that places interns directly onto live TMT advisory mandates with single-digit class sizes, paying roughly $2,180 per week plus a $7,500 housing stipend.
Key facts
- The Summer Analyst Program runs 10 weeks from June to August.
- Raine Group interns earn roughly $2,180 per week, about $113,360 annualized.
- Interns receive a $7,500 housing stipend and up to $2,000 for domestic relocation.
- Raine Group converts approximately 75-88% of summer analysts to full-time offers.
- Class sizes typically fall in the single digits.
Compensation
Raine Group pays summer analysts roughly $2,180 per week, which annualizes to about $113,360. Interns also receive a $7,500 housing stipend, and the firm provides up to $2,000 for domestic relocation. Housing itself is not provided, so the stipend is meant to offset that cost.
Conversion & Return Offers
The conversion rate to full-time offers runs approximately 75-88%. Return decisions land in the last week of the program. The firm selects interns with the intention of making full-time offers to strong performers, so the summer functions as an extended evaluation.
The Experience
Interns are placed directly onto live TMT advisory mandates and get exposure to the firm's investment activities, a breadth that is unusual for a summer program. Summer analysts contribute to pitch materials, financial analysis, and market research from the first week, and the lean staffing model accelerates the learning curve. With single-digit class sizes, the experience is less social than at larger banks but more substantive on deal exposure and senior banker interaction. Mentorship is informal but effective, with senior bankers accessible and invested in intern development given the small team.
Who It Fits
The program gives interns a view of how advisory and principal investing work together on a single platform, perspective that is hard to get at a pure-play advisory firm or a traditional investment fund. Networking centers on building genuine relationships within the team and drawing on the firm's TMT industry connections. For candidates with a strong interest in TMT and comfort in an entrepreneurial environment, the Raine internship is a distinctive and valuable fit.
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
Applications Open
January-April of sophomore year
HireVue Deadline
April-June of sophomore year
First Round Interviews
April-July of sophomore year
Superdays
June-September of sophomore year
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.
More Raine Group Resources
Sources
- Raine Group - Careers. Raine Group (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)