Broker Check

Financial Analyst Internship Program

Ten weeks on a working M&A desk

A remote, part-time program for students and recent graduates who want to learn investment banking from people who practice it. Interns join one of our sector groups and work alongside its deal team on active engagements.

FINRA / SEC-registered broker-dealer · Axial Top-50 M&A advisor · Mamaroneck, New York

Where our interns come from

$1.8B

Raised for clients since our founding.

50

Registered representatives, each covering a specific sector.

77

Colleges and universities our interns have come from.

About the program

Boutique scale, bulge-bracket standards

We advise founders and middle-market companies on M&A, capital raises and restructurings. The desk is lean, so interns are part of the work from the first week.

Live engagements

Interns support sell-side, buy-side and capital-raise mandates that are underway. The research and analysis you produce goes to the deal team, not into a classroom exercise.

Bankers as mentors

You work with bankers who have advised on transactions on Wall Street and Main Street, and many of whom ran businesses in the sectors they now cover. Your work is reviewed and returned with comments.

One sector, start to finish

Each intern joins a single sector group for the full program: industrials, technology, healthcare, climate and energy, real estate and others.

The work

What you will have built by the final week

Each assignment is the kind of analysis our bankers use on live engagements, and each one builds on the last.

Sector M&A landscape

Buyers, sellers and recent transactions in your sector, with the valuations behind them.

Company tearsheets

One-page profiles of the companies that shape that market.

Sector white paper

Your view of where the sector is going and which middle-market companies are positioned for it.

Sell-side pitch

A full pitch built from your research and presented to the firm in the final week.

Who we look for

Outwork your résumé

This is a training role, and no securities license is required. We look for people who are serious about investment banking and willing to put in the hours.

FormatRemote, part-time and unpaid
Rolling start dates

  • Rising juniors, seniors and recent graduates. All majors are welcome; finance or economics is a plus.
  • A serious interest in investment banking, M&A or capital markets.
  • Strong Excel and a working knowledge of the three financial statements.
  • Close attention to detail and a high standard for your own work.
  • Clear communication and the ability to work as part of a team.
  • About 10 to 12 hours a week, alongside classes, for the full program.

How to apply

Show us how you think

Send the two items below. If there is a fit, we will follow up with a short assessment.

Your résumé

One page, PDF

A deal memo

About 250 words

Pick a recent M&A transaction that caught your attention. Tell us what happened and why it interested you. We care more about the reasoning than about being right.

The internship is an unpaid training role open to non-licensed individuals.

Meet the team  ·  Careers