Raymond James Summer Analyst Internship
Everything you need to know about the Raymond James summer analyst program, including compensation, conversion rates, recruiting timeline, and application tips.
Last updated April 2026 · By the Superday AI editorial team
Preparing for Raymond James? Practice with Real Questions
Master the technical and behavioral questions to land the internship offer.
$1,825/week
10 weeks
~68-78%
Overview
Raymond James pays its Investment Banking Summer Analysts $1,825 per week over a 10-week program and converts roughly 68-78% of interns into full-time offers.
Key facts
- The Investment Banking Summer Analyst Program runs 10 weeks from June to August.
- Interns earn $1,825 per week, about $94,900 annualized, plus a $4,000 housing stipend.
- Roughly 68-78% of interns convert to full-time offers.
- Relocation assistance covers up to $1,000 for domestic moves.
- Return offer decisions land in the final week of the internship.
Compensation
Interns are paid $1,825 per week, which annualizes to about $94,900. The firm adds a $4,000 housing stipend and provides up to $1,000 in relocation assistance for domestic moves. Housing is not provided directly, so the stipend offsets summer living costs in St. Petersburg, where the cost of living runs lower than New York.
Conversion & Return Offers
Roughly 68-78% of interns convert to full-time offers. Return offer decisions are communicated in the final week of the internship. Smaller class sizes create a cohort experience while still allowing individual attention from mentors and team members.
The Experience
The program opens with formal training in financial modeling, valuation, and professional development before interns are placed into industry groups for live deal work. Raymond James assigns formal mentors and provides structured feedback at multiple points. Interns also see how investment banking, wealth management, and capital markets interact across the firm's diversified platform. Senior bankers are accessible and invested in intern development.
Recruiting & Timing
The 10-week program runs from June to August and includes regular social events, networking sessions, and community involvement. The St. Petersburg base offers warm weather, a lower cost of living, and a more relaxed atmosphere outside work hours than New York-based programs. The fit suits candidates seeking a middle market experience with strong mentorship, meaningful deal exposure, and a culture built around long-term development.
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
Applications Open
March-June of sophomore year
HireVue Deadline
June-August of sophomore year
First Round Interviews
June-September of sophomore year
Superdays
August-November of sophomore year
Offers Extended
September-December of sophomore year
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 Raymond James 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 Raymond James 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 March-June of sophomore year. First round interviews are held June-September of sophomore year, with Superdays August-November of sophomore year.
More Raymond James Resources
Sources
- Raymond James - Careers. Raymond James (accessed 2026-05-14)
- Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)