Investment Banking Summer Analyst

UBS Summer Analyst Internship

Everything you need to know about the UBS 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

$2,115/week

Duration

10 weeks

Conversion Rate

~70-75%

Overview

UBS runs a 10-week Investment Banking Summer Analyst program that pays $2,115 per week plus a $3,500 housing stipend and converts roughly 70-75% of interns to full-time offers.

Key facts

  • UBS interns earn $2,115 per week, about $110,000 annualized, plus a $3,500 housing stipend.
  • The UBS Investment Banking Summer Analyst program runs 10 weeks from June to August.
  • UBS converts roughly 70-75% of summer analysts to full-time offers, with return offers decided in the final week of the program.
  • Relocation assistance is available for eligible candidates; housing itself is not provided.
  • UBS applications open in late summer, with interviews running through spring.

Compensation

Interns earn $2,115 per week, which annualizes to about $110,000, plus a $3,500 housing stipend. Housing is not provided directly, but relocation assistance is available for eligible candidates.

Conversion & Return Offers

The program converts roughly 70-75% of interns to full-time offers. A mid-summer review gives interns actionable feedback, and return offers are decided in the final week of the program. Evaluations weigh both technical skill and cultural fit with UBS's global, precision-oriented values, and the firm pays close attention to interns who are comfortable in its multicultural environment.

The Experience

Interns join UBS during its growth phase following the Credit Suisse integration, where newly combined coverage teams and expanded sector capabilities give summer analysts more responsibility and visibility than is typical at large-platform banks. Training covers standard valuation and modeling alongside UBS-specific content on the firm's integrated platform, including how wealth management relationships generate banking opportunities. The defining feature is the international dimension: interns may work with teams in Zurich, London, and Asia on cross-border mandates, gaining exposure to global deal execution that is hard to find at US-focused competitors.

Recruiting & Timing

Recruiting follows the standard timeline. Applications open in late summer, and interviews run through spring. Because UBS is investing in its IB platform, interns join a growing franchise with expanding deal flow rather than a mature platform with rigidly defined roles.

Internship Compensation

Weekly Pay

$2,115

Annualized Salary

$110,000

Housing Stipend

$3,500

Relocation

Available for eligible candidates

Meals: Meal allowance for late work

Transport: Transportation assistance

Recruiting Timeline

1

Applications Open

July-September (year before)

2

HireVue Deadline

September

3

First Round Interviews

September-November

4

Superdays

October-February

5

Offers Extended

November-March

Application Tips

  • Emphasize interest in UBS's wealth management integration and Swiss heritage
  • Highlight global perspective and interest in international markets
  • Prepare for technical questions on M&A, valuation, and market trends
  • Show awareness of Credit Suisse acquisition and integration

What to Expect

UBS's summer program provides a distinctive blend of investment banking and wealth management exposure. Training in the first week covers financial modeling, valuation, and client management principles. Interns work on live transactions, typically 2-3 deals, with staffing across coverage and product groups. The firm's emphasis on risk management and quality control means interns receive thorough feedback and mentorship from analysts and associates. Performance is evaluated through mid-summer and final reviews, with return offers based on technical skills, cultural fit, and interest in the firm's integrated platform. Social events and networking with wealth management professionals provide unique insights into long-term career paths within UBS.

Intern Perks

  • Global networking events
  • Wealth management exposure
  • UBS research platform access

Frequently Asked Questions

How much do UBS summer analysts make?

UBS summer analysts earn $2,115 per week, which annualizes to approximately $110,000. The program typically runs for 10 weeks.

What is the UBS intern conversion rate?

The conversion rate for UBS summer analysts to full-time offers is approximately ~70-75%. Final week of program.

When should I apply to UBS?

Applications for the UBS Investment Banking Summer Analyst typically open July-September (year before). First round interviews are held September-November, with Superdays October-February.

Sources

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

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