2027 KBCM Investment Banking Summer Analyst Chicago, IL

Location:

Application Deadline: February 25 2026

A survey will be sent to all qualified candidates after the application deadline to specify your industry and product group preference.

KeyBanc Capital Markets

KeyBanc Capital Markets (KBCM) is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries. Our deep industry expertise broad capabilities and unique ideas are seamlessly delivered to companies across the Consumer & Retail Diversified Industries Healthcare Industrial Oil & Gas Real Estate Utilities Power & Renewables and Technology verticals. With over 800 professionals across a national platform KeyBanc Capital Markets has more than $30 billion of capital committed to clients and an award-winning Equity Research team that provides coverage on over 700 publicly traded companies.

The summer analyst program provides an excellent opportunity for senior-level banker and client exposure and higher immediate hands-on experience.

About the Summer Analyst Program

KBCM provides its Summer Analysts unprecedented professional development opportunities through a mix of on-the-job training and structured hands-on experience. The program is designed to provide broad experience across all stages of transaction executions from pitch phase through closing. Because our Summer Analyst Program is a direct pipeline for our full-time Analyst positions it offers exceptional potential for you to return to KBCM upon graduation to start your capital markets career.

Job duties may include:

• Perform financial modeling and valuation analysis on public and private companies: comparable company analysis precedent transaction analysis leveraged and discounted cash flow analysis.
• Assist in drafting offering memoranda preparing internal committee memoranda and creating client pitch books management and board presentations.

Required Qualifications:

• Rising juniors enrolled in a four-year undergraduate degree program with coursework in finance economics or accounting graduating by May of 2028
• Minimum 3.5 GPA
• Strong quantitative and critical thinking abilities
• Demonstrated leadership and teamwork from past work experience and/or extracurricular activities
• Highly motivated with a strong work ethic
• Outstanding interpersonal communication and presentation skills

Groups where interns may be placed include: Diversified Industries & Financial Sponsors

Diversified Industries

KeyBanc Capital Markets Diversified Industries Group is a nationally focused relationship management group operating through a regionally dedicated office in Chicago. The Diversified Industries Group serves clients across the middle market in a variety of capacities spanning the breadth of Corporate and Investment Banking disciplines. From a Diversified Industries perspective these capabilities include Lending Leasing and Commercial Payments solutions. From an Investment Banking perspective capabilities extend across Debt & Equity Capital Markets Derivatives Foreign Exchange and Mergers & Acquisitions Advisory. With clients ranging in revenue from $100 million to over $5 billion Diversified Industries has served as a trusted advisor to middle-market companies across a variety of economic cycles.

Financial Sponsors

Our professionals are able to bring financial sponsors to appropriate companies seeking investment and to access a deep pool of equity investors interested in middle market companies. Once all parties are at the table we move into execution. We leverage the resources of KeyBanc Capital Markets to deliver M&A advisory services debt and equity capital markets and leveraged finance solutions. Working with many financial sponsors time and time again we bring our trusted partners opportunities on a regular basis with the understanding that when we commit we get the deal done. KBCMs highly specialized teams are able to deliver financial sponsors to companies in need of investment within multiple industries.

*KeyBanks Campus Program Internship and Analyst positions are not eligible for employment visa sponsorship (e.g. H-1B visa). This includes for example situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g. CPT OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.

COMPENSATION AND BENEFITS

This position is eligible to earn a weekly salary in the range of $1340 to $1730 per week depending on location and coverage group. Summer Analysts in this position are eligible for overtime compensation which is paid in accordance with the Fluctuating Workweek Method. Compensation also includes a $2000 Summer Analyst Sign-on Bonus.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing