Application Deadline:
12/13/2026
Address:
151 W 42nd Street
Job Family Group:
Capital Mrkts Sales & Service
Summer Associate Internship Overview The Investment Banking Summer Associate Internship is designed for MBA students between their first and second year of study. During the 10-week internship, Summer Associates are fully integrated into a dedicated investment banking team and gain hands-on experience working on live transactions, strategic advisory assignments, and business development initiatives.
Within the Financial Institutions Group (FIG), Summer Associates work alongside senior bankers and deal teams covering a diverse range of financial services clients, including banks, specialty finance companies, asset managers, insurance companies, fintechs, and other diversified financial institutions.
The internship combines meaningful project work, formal training, mentorship, networking opportunities, and ongoing feedback. Successful Summer Associates will be considered for future full-time opportunities within BMO Capital Markets.
Responsibilities As an Investment Banking Summer Associate, you will gain valuable exposure to a wide number of industries and work with a variety of financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory. Specific responsibilities include:
- Conducting business, industry and capital markets research;
- Performing financial analysis including valuation and modeling;
- Generating corporate finance ideas and strategies
- Ensuring that all material is accurate and complete;
- Performing other tasks supporting client relationships and business development.
Qualifications - Currently enrolled in the first year of a full-time MBA program with an anticipated graduation date between December 2027 and June 2028.
- Prior experience in investment banking, corporate finance, consulting, private equity, corporate development, financial services, or a related field.
- Outstanding academic achievement, leadership experience and peer recognition
- Demonstrated quantitative, analytic and modeling skills
- Highly developed written and oral communications skills
- Proficiency in project management: ability to delegate tasks, provide direction and feedback, and thoroughly review the work of others
- Knowledge of capital markets and investment banking products and applicable regulations
- Ability to manage multiple competing priorities in a fast-paced and challenging environment
- Sophisticated interpersonal skills utilized within a team environment and in client interaction
- Strong work ethic and a high level of professional integrity
- Proficiency in Powerpoint and Excel
- Legally authorized to work in the US and will not require sponsorship in the future
The annual base salary for this position is USD $175,000
Salary:Pay Type: Salaried
The above represents BMO Financial Group's pay range and type.
Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.
BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards
To find out more visit us at http://jobs.bmo.com/us/en
