Investment Banking Summer Analyst Program

Stifel Summer Analyst Internship

Everything you need to know about the Stifel 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

$1,825/week

Duration

10 weeks

Conversion Rate

~65-75%

Overview

Stifel runs a 10-week Investment Banking Summer Analyst Program from June to August, paying $1,825 per week (about $94,900 annualized) plus a $4,000 housing stipend, with roughly 65-75% of interns converting to full-time offers. The program has expanded alongside the firm's overall growth, offering interns an experience that reflects the energy and ambition of a platform in active expansion mode. Interns are placed into industry groups and receive structured training before being integrated into deal teams working on live transactions. The program provides meaningful deal exposure, with interns contributing to pitch books, financial analyses, and client presentations. Class sizes have grown in recent years, but remain small enough to provide individual attention and genuine mentorship. Stifel assigns formal mentors and maintains a feedback-oriented culture throughout the summer, and the firm uses the internship as a primary pipeline for full-time analyst hiring. One unique aspect of the Stifel experience is the opportunity to see a growing firm from the inside: interns witness the integration of new teams, the expansion of sector coverage, and the development of new client relationships in real time. This provides perspective on firm-building that is not available at a mature, static organization. The firm's diverse sector coverage means interns can gain exposure across multiple industries. Social programming and networking events are part of the program, though the emphasis is on substantive work experience. For candidates who value entrepreneurial energy and the opportunity to contribute to a firm that is actively building its franchise, Stifel's internship offers a distinctive and valuable experience.

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

March-June of sophomore year

2

HireVue Deadline

June-August of sophomore year

3

First Round Interviews

June-September of sophomore year

4

Superdays

August-November of sophomore year

5

Offers Extended

September-December of sophomore year

Application Tips

  • Research Stifel's regional platform and middle market positioning
  • Demonstrate interest in sustainable career development and regional banking
  • Prepare for questions about middle market deal dynamics
  • Highlight cultural fit and long-term career interest

What to Expect

Stifel's summer program provides exposure to middle market M&A and capital markets within a growing regional platform. Interns work on middle market transactions across industry sectors, with opportunities to interact with equity research and capital markets teams. The program emphasizes professional development, cultural fit, and sustainable work practices. Class sizes vary by office (20-35 total across regions), with regional offices providing more intimate learning environments. Interns typically work 60-70 hour weeks with reasonable weekend expectations. The culture values collaboration, relationship building, and long-term client service. Stifel's platform growth creates opportunities for high performers to advance and build careers across the firm's expanding footprint. Conversion rates reflect selective full-time hiring focused on cultural alignment.

Intern Perks

  • Regional banking exposure
  • Capital markets integration
  • Middle market M&A focus
  • Equity research interaction
  • Strong mentorship culture

Frequently Asked Questions

How much do Stifel summer analysts make?

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

What is the Stifel intern conversion rate?

The conversion rate for Stifel summer analysts to full-time offers is approximately ~65-75%. Final week of internship.

When should I apply to Stifel?

Applications for the Stifel 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.

Sources

  1. Stifel - Careers. Stifel (accessed 2026-05-14)
  2. Internship & Co-op Survey. National Association of Colleges and Employers (NACE) (accessed 2026-05-14)

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