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Investment Banking Summer Analyst Program

Raymond James Summer Analyst Internship

Everything you need to know about the RJF summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.

Weekly Pay

$1,825/week

Duration

10 weeks

Conversion Rate

~68-78%

Internship Compensation

Weekly Pay

$1,825

Annualized Salary

$94,900

Housing Stipend

$4,000

Relocation

Up to $1,000 for domestic relocation

Meals: Dinner expense coverage when working late

Transport: Car service for late nights in major offices

Recruiting Timeline

1

Applications Open

August-September (year before)

2

HireVue Deadline

October

3

First Round Interviews

September-November

4

Superdays

October-December

5

Offers Extended

November-January

Application Tips

  • Research Raymond James' wealth management integration and client-centric approach
  • Demonstrate interest in relationship-driven middle market advisory
  • Prepare for cultural fit questions emphasizing collaboration and long-term thinking
  • Highlight interest in sustainable career development

What to Expect

Raymond James' summer program provides exposure to middle market M&A within a diversified financial services platform. Interns work on relationship-driven advisory mandates across industry sectors, gaining client exposure uncommon at larger banks. The program emphasizes cultural fit, professional development, and sustainable work practices. Class sizes vary by office (15-30 total), with regional offices offering more intimate team environments. Interns typically work 60-70 hour weeks, significantly below bulge bracket norms. The culture values collaboration, integrity, and client service over transactional deal execution. Raymond James' wealth management business provides unique cross-selling opportunities and exposure to integrated financial services. Conversion rates reflect the firm's selective approach to full-time hiring and cultural fit emphasis.

Intern Perks

  • Exposure to wealth management integration
  • Middle market M&A focus
  • Regional banking experience
  • Strong mentorship culture
  • Work-life balance focus

Frequently Asked Questions

How much do RJF summer analysts make?

Raymond James summer analysts earn $1,825 per week, which annualizes to approximately $94,900. The program typically runs for 10 weeks.

What is the RJF intern conversion rate?

The conversion rate for Raymond James summer analysts to full-time offers is approximately ~68-78%. Final week of internship.

When should I apply to Raymond James?

Applications for the Raymond James Investment Banking Summer Analyst Program typically open August-September (year before). First round interviews are held September-November, with Superdays October-December.

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