2021 Investment Banking Analyst Program
Intern/Graduate - IB
Cowen is a publicly traded investment bank focused on emerging growth companies. Cowen specializes in providing value added, high margin investment banking services and products to mid-size companies. Our clients are creating a profound impact on the economy and we are proud to lead manage their capital raising efforts and advise them on company-defining M&A transactions. With headquarters in New York and offices worldwide, Cowen is comprised of 200+ investment banking professionals and 1200+ employees overall.
To qualify as a candidate for Cowen's 2021 Investment Banking Analyst Program you must expect to graduate between December 2020 and June 2021. We offer analyst opportunities in New York and San Francisco. Group opportunities and interview process differ slightly between locations.
The Investment Banking Analyst Program offers full-time opportunities in Cowen's New York and San Francisco offices. Cowen Investment Banking coverage groups include Healthcare, Consumer, Industrials, Technology (TMT) and Technology Enabled Services. Product groups include Capital Markets, Private Capital, M&A and Special Situations.
Cowen analysts can expect a fast-paced, demanding work environment that offers the opportunity to learn and grow professionally. Analysts work in small deal teams on a wide range of transactions. From initial client contact through closing a transaction, our analysts are an integral part of the transaction process; researching, valuing, pricing, marketing, and structuring transactions.
The Analyst Training Program, which begins in early July, provides a five-week introduction and orientation to the firm and its capabilities. The curriculum includes coursework in accounting, communication skills, debt and equity capital markets, Excel, financial analysis, modeling, and valuation primarily taught by Training the Street. The last week includes preparing for and taking the Series 79 top-up exam. The program is thorough, combining the substance of a much larger bank’s training program with the personal attention found in a seminar.
The position requires a minimum two-year commitment. Depending on individual performance, some analysts are invited to stay for a third year. Every year superior performers are promoted to associate at the end of their third year.
Strong academic performance, exceptional interpersonal skills, and superior analytical and communication skills are essential. The firm values individuals who are demonstrated team players and can interact with all levels of the organization. Successful candidates will exhibit a common sense approach to problem solving and a strong desire to learn, in addition to showing initiative, integrity, and creativity.