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Investment Banking Summer Analyst Program

TD Cowen’s Investment Banking Summer Analyst Program is a ten-week internship that offers an unparalleled experience for undergraduate students. Offered in New York, San Francisco, Dallas, and Detroit (Birmingham), interns can expect a fast-paced, demanding work environment that offers the chance to learn and grow professionally.

Through this program, we offer investment banking opportunities within the following groups: Capital Markets, Consumer, Healthcare, Industrials, Mergers and Acquisitions (M&A), Technology (TMT), Tech-Enabled Services, Strategic Capital, or Verticalized Software, Data, and Analytics.


  • One week of formal training in New York City for all participants at the start of the internship.
  • Day-to-day activities include financial analysis and modeling, company and industry research, involvement in the development of client presentations, and interactions with senior bankers and clients.
  • Participation in weekly lunches with senior leaders throughout TD Cowen and a mentorship program.
  • Social events are part of each intern’s program, regardless of location. You’ll get the chance to experience TD Cowen’s culture and better assimilate into our firm.
  • Interns are hired across our four US offices with a formal assessment process. The intern program is the main pipeline for our full-time class for the following year.


Undergraduate students interested in Investment Banking whose anticipated graduation date is between December 2024 and June 2025.


Interviews will happen on a rolling basis from March to May 2023. If your application seems like a good fit a member of the recruiting team will reach out for further engagement.