Iowa Summer 2028 Internship - Investment Banking

BMO•Chicago, IL
•$110,000 - $110,000

About The Position

BMO Capital Markets’ Summer Analyst Program is designed for undergraduate students between their junior and senior years. During the 10-week program, summer analysts are assigned to an Investment Banking product or industry group and gain practical experience in a dynamic capital markets environment. The program also includes a one-week training and orientation program, networking with bankers at all levels, learning and development sessions, career guidance from dedicated mentors, and exposure to BMO Capital Markets’ culture. The program is considered an initial interviewing step for BMO Capital Markets’ full-time Investment Banking program. Investment Banking Summer Analysts gain exposure to a variety of industries and financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory. The position is based at 320 S Canal Street. The annual base salary is USD $110,000.

Requirements

  • Be enrolled in an undergraduate degree program and expect to graduate in December 2028 or Spring 2029.
  • Have an interest in investment banking.
  • Have outstanding academic achievement, leadership experience, and peer recognition.
  • Demonstrate leadership attributes in work, school, or community.
  • Have excellent analytical, critical-thinking, and problem-solving skills.
  • Have strong interpersonal skills for working in a demanding team environment.
  • Demonstrate proactivity, resiliency, and a consistently positive attitude.
  • Be able to function independently and as part of a team, with self-motivation.
  • Have a strong work ethic and a high level of professional integrity.
  • Show intellectual curiosity, adaptability, and willingness to learn and adopt new technologies and ways of working.
  • Be legally authorized to work in the United States and not require sponsorship in the future.

Nice To Haves

  • Preferred minimum GPA of 3.4/4.0.

Responsibilities

  • Conduct industry and company research and analysis.
  • Develop client presentations.
  • Write internal and external marketing memoranda.
  • Run valuation and financial analyses and complete complex modeling exercises.
  • Perform other tasks that support client relationships and business development.

Benefits

  • Health insurance
  • Tuition reimbursement
  • Accident insurance
  • Life insurance
  • Retirement savings plans
  • Learning and development sessions
  • Career guidance from dedicated mentors
  • Training and coaching
  • Manager support and networking opportunities
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