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August 21, 2026

Stifel Internship 2027–2028: Programs, Deadlines & How to Apply

Everything you need to land a Stifel internship in 2027–2028: IB and wealth management tracks, expected deadlines, and how to stand out.

Written by:

Bifei Wang

Edited by:

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College student in business casual attire walking along a riverside path near downtown St. Louis on a bright June mornin
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Quick Facts

Stifel internship · at a glance

Openings change often

Roles open and close throughout the year. Check Stifel's careers portal for what is live today, and apply in the first week a role posts.

Before you applyWould your profile get you in?6 questions, under a minute. Compared with real interns who landed similar roles.Check my odds
Pay (reported)$110K/yr (IB)
Duration9–10 weeks

Also in this guide

All quick facts
FactDetail
Where to applystifel.com/careers/internships or Institutional Group Campus Careers. Join the Talent Network for alerts
Application window (summer 2028 IB; summer 2027 Home Office)Investment Banking Summer Analyst for summer 2028 (Stifel, KBW, Miller Buckfire and Eaton Partners offices): NOT YET OPEN. Applications for summer 2028 expected to open ~October to November 2026 (summer 2027 listings posted November 16, 2025; summer 2026 listings posted January 21, 2025). Stifel publishes no closing date and listings come down without notice. Summer 2027 Institutional Group listings: all closed (Fixed Income Capital Markets, New York, by September 21, 2026; Eaton Partners New York and Stamford, posted September 19, 2026, by October 8, 2026). Home Office & Wealth Management summer 2027: expected to post this fall; none live as of October 8, 2026
Rolling?Yes. Postings go up separately by office and desk rather than on one company wide date, and each is reviewed on a rolling basis
EligibilityInstitutional Group: rising seniors (junior year completed by start), minimum 3.5 GPA. Home Office: at least 1 year of college completed, no stated GPA floor
DurationInstitutional Group ~9 to 10 weeks (June to August); Home Office 10 weeks (May to August)
CompensationInstitutional Group/IB interns: $110,000 annualized base salary, stated on Stifel's summer 2027 and summer 2026 Investment Banking Summer Analyst postings. Other interns: about $17 per hour on average (Indeed, 12 postings); a summer 2026 Branch Intern listing posted $20 per hour
Return offersNo published rate; community data puts intern to full time conversion around 65%, though it has run lower in leaner cycles
LocationsSt. Louis (HQ), New York, Baltimore, Chicago, Boston, San Francisco, Houston, and other Institutional Group offices; also London and continental Europe
# Programs5+ tracks: Investment Banking, Public Finance, Equity Research, Fixed Income Capital Markets & Equities, Sales & Trading, Eaton Partners, plus Home Office & Wealth Management

Last updated: October 2026

Stifel has run investment banking, public finance, equity research, and wealth management out of St. Louis since 1890, and it set a firm record last year with $551.9 billion in client assets. It also runs internships the way a 135 year old middle market shop should: smaller deal teams than a bulge bracket, more direct client and Managing Director exposure, and a Summer Analyst class that competes for many of the same students. For the flagship Investment Banking Summer Analyst program, the next class is summer 2028: you apply from fall 2026, and you intern in summer 2028. Stifel posted its summer 2027 listings for every Stifel, KBW, Miller Buckfire and Eaton Partners office on November 16, 2025, about nine weeks earlier than the summer 2026 wave of January 21, 2025, so applications for summer 2028 are expected around October to November 2026 and could come sooner; as of October 8, 2026 none are posted. The summer 2027 listings asked for a December 2027 to May 2028 graduation date, so the summer 2028 class should be today's sophomores. If you are reading this in October 2026, you are early for summer 2028 IB, which makes now the time to finish your resume and modeling proof, and late for the summer 2027 Institutional Group desks: the Fixed Income Capital Markets listing closed by September 21, 2026, and the Eaton Partners New York and Stamford listings posted September 19, 2026 were down by October 8. Home Office and Wealth Management internships for summer 2027 are expected to post this fall. Either way, the evidence on your resume needs to be ready before your target group's posting goes live.


What Is a Stifel Internship?

A Stifel internship is a paid placement at a 135 year old, St. Louis headquartered financial services firm that runs both a full service Wealth Management platform, the 7th largest in the U.S. by number of advisors, and an Institutional Group spanning Investment Banking, Public Finance, Equity Research, Fixed Income Capital Markets, and Sales & Trading. The Institutional Group program runs about 9 to 10 weeks and opens with a week of training in financial analysis, accounting, and valuation before interns join deal teams alongside Analysts through Managing Directors. Stifel's pitch is smaller deal teams than a bulge bracket, meaning more hands on responsibility earlier. Reviews back that up: Stifel's intern reviewers rate the experience 100% recommend on Glassdoor (8 reviews), and Wall Street Oasis places its interview experience in the 89th percentile of the finance industry at 3.7 out of 5. The firm set a record $551.9 billion in client assets in fiscal year 2025.

College student in business casual attire walking along a riverside path near downtown St. Louis on a bright June mornin

When Do Stifel Internship Applications Open for 2027–2028?

Stifel runs more than one calendar, and the next class depends on the desk. Investment Banking recruits furthest ahead: its summer 2027 Summer Analyst listings for every Stifel, KBW, Miller Buckfire and Eaton Partners office went up on November 16, 2025, and the summer 2026 listings on January 21, 2025. That open date moved about nine weeks earlier in a single year, so treat the projection as approximate: applications for IB summer 2028 are expected around October to November 2026, possibly sooner, with review rolling through winter and Superdays into early 2027. Other Institutional Group desks post on their own dates: the Fixed Income Capital Markets summer 2027 listing in New York was live by June 2026 and closed by September 21, 2026, and the summer 2026 Public Finance listings were live by May 2025, so for summer 2028 expect those desks around spring and summer 2027. Home Office and Wealth Management says applications open in the fall for the following summer (its summer 2025 wave posted October 28, 2024), which makes its summer 2027 listings the next ones due. Sophomores get an earlier on ramp too. Stifel's invite only Sophomore Explorers Program ran a 4 day immersion in New York in January 2024 and January 2025 (applications for the 2025 session were due November 11, 2024), and participants were considered for the following summer's internships. A January 2027 session has not been announced as of October 8, 2026.

Now · October 2026YOU ARE HERE

No Summer Analyst listing is open right now. The summer 2027 Institutional Group listings have all closed: Fixed Income Capital Markets (New York) by September 21, 2026, and the Eaton Partners Private Capital Advisory (New York) and Project Management and Execution (Stamford) listings, posted September 19, 2026, by October 8. Investment Banking summer 2028 has not posted yet; applications for summer 2028 are expected around October to November 2026. If you expect to graduate between December 2028 and May 2029, this is your prep window: a PDF resume with your GPA, a finished modeling project, and a shortlist of the three IB listings you will apply to.

The Yinan Zhao Investing & Financial Modeling Externship and the HP Tech Ventures Deal Sourcing Externship are remote, real company projects that give a summer 2028 application finished modeling and valuation work to point at.
October to November 2026EXPECTEDROLLING — APPLY WEEK 1

The Investment Banking Summer Analyst window for summer 2028 is expected to open here. Last cycle every office (Stifel, KBW, Miller Buckfire and Eaton Partners) posted on the same day, November 16, 2025, and each applicant could apply to no more than three Investment Banking listings. Stifel publishes no closing date and reviews on a rolling basis, so apply the week your target listing goes live.

Fall 2026 to summer 2027EXPECTED

Home Office and Wealth Management listings for summer 2027 are expected this fall (the summer 2025 wave posted October 28, 2024). Sophomores: watch for a January 2027 Sophomore Explorers session, a 4 day New York immersion covering Investment Banking, Fixed Income, and Equity Research; the 2025 session required applying by November 11, 2024. Fixed Income Capital Markets and Public Finance listings for summer 2028 are expected around spring and summer 2027.

December 2026 to spring 2027EXPECTED

Rolling process for both cycles: a HireVue video interview (behavioral questions plus timed games), then a phone or first round interview with junior bankers, then a multi stage Superday. Home Office hiring for summer 2027 wraps first; IB summer 2028 review is expected to run into spring 2027.

Summer 2028 (summer 2027 for Home Office)

9 to 10 weeks on a deal team or in a Home Office department, starting with a week of training. Summer 2028 for Investment Banking and the other Institutional Group desks; summer 2027 for the Home Office listings expected this fall. Perform well: community data puts intern to full time conversion around 65%, though the rate has run lower in leaner years.

How to read this page: our dates come from tracking previous recruiting cycles and daily posting data. Treat them as informed estimates based on historical patterns, not confirmed dates. The company's official careers page is always the most current source. If a role is posted there, go by that, even if this page suggests the window hasn't opened yet.

Why You Must Apply the Week Applications Open

Stifel doesn't run one company wide application deadline. It posts separate Summer Analyst listings by office and desk, sometimes months apart, and reviews each on a rolling basis. That structure rewards speed differently than a single hard cutoff: the listing for your target group, whether that's Investment Banking in St. Louis, Fixed Income Capital Markets in New York, or Eaton Partners in Stamford, can open and start filling while a listing for a different desk is still weeks away. Wall Street Oasis interview reports for Stifel interns span nearly every month of the year, from June through December, which is exactly what a staggered, per desk posting calendar produces. Waiting for one known date is the wrong strategy here. Set an alert on Stifel's talent network and the specific office pages you want, and apply within days of your target listing going live.

Which Stifel Internship Programs Should You Target?

Stifel runs internships across two broad groups: the Institutional Group (Investment Banking, Public Finance, Equity Research, Fixed Income Capital Markets & Equities, and Sales & Trading) and Home Office & Wealth Management (Compliance, HR, Operations, IT, Marketing, Private Client Group, and more). The Institutional Group is the more selective, deal facing path; Home Office is the broader entry point across nearly every business function.

ProgramFocusDurationKey skills
Investment BankingM&A advisory, debt and equity financings, and restructuring across Stifel and KBW deal teams10 weeksFinancial modeling, DCF and comps, Excel, PowerPoint
Public FinanceMunicipal bond underwriting and infrastructure financing for public sector clients9 weeksCredit analysis, quantitative reasoning, client materials
Equity ResearchSector coverage and company research supporting Stifel and KBW analysts9 to 10 weeksValuation, written reports, sector research
Fixed Income Capital Markets & Sales and TradingFixed income sales, trading, and capital markets execution9 weeksMarket knowledge, quantitative skills, client communication
Eaton PartnersPrivate capital placement and fund execution for alternative investment managers10 weeksProject management, financial modeling, investor materials
Home Office & Wealth ManagementCompliance, HR, Operations, IT, Marketing, and Private Client Group support functions10 weeksCommunication, organization, department specific skills

See current openings on the Institutional Group campus page or Stifel's internships page. Note the split calendar: last cycle every Investment Banking office posted on the same day (November 16, 2025), Fixed Income Capital Markets, Public Finance and Eaton Partners post on their own dates through the year, and Home Office & Wealth Management opens in the fall for the following summer.

What Are the Eligibility Requirements?

Stifel publishes different requirements for its two internship groups:

• Class year: Institutional Group targets students who will have completed their junior year by the internship's start, a rising senior internship. Home Office requires at least one year of college completed.

• GPA: Institutional Group states a minimum GPA of 3.5, described in the posting as a floor, not a preference. Home Office publishes no GPA minimum.

• Work authorization: every Institutional Group posting requires authorization to work in the U.S. Stifel does not publish a blanket no sponsorship policy the way some peers do; community sources note the firm sponsors selectively for some MBA and associate level hires, but this is not confirmed for undergraduate interns.

• Resume format: Institutional Group postings require a PDF resume that states your expected graduation month, year, and GPA directly on the document.

Overhead close-up of a desk set up for a financial modeling session, a closed laptop, a mechanical pencil resting on a p

Does Stifel Have a Hard GPA Cutoff?

Yes, for the Institutional Group, and it's stated more firmly than at most peers: the posting reads 'Minimum GPA of 3.5 or above,' not 'preferred.' Below that line, applications aren't guaranteed a look. Home Office & Wealth Management is the opposite: no published GPA floor at all, just a track record of academic and extracurricular achievement. If your GPA sits under 3.5, that broader track, or a smaller regional Institutional office, is the more realistic entry point than a flagship desk.

Profile Match · Extern Data

Could You Get In at Stifel? Compare Your Profile

Based on 543 investment banking summer analysts at top investment banks from the classes of 2025 and 2026 (public LinkedIn profiles, aggregated). Six questions, under a minute.

Question 1 of 6

Which summer are you applying for?

Recruiting timelines differ by class year, so we compare you with the right group.

Question 2 of 6

Which group is your school closest to?

Firms recruit on campus in tiers. We match you against admits from schools like yours.

Question 3 of 6

Is your major finance, economics, accounting or business?

Math and statistics count too. Major is not a hard filter, but it shifts how much your coursework has to prove.

Question 4 of 6

How many internships, externships or research positions have you held so far?

Count anything with a real employer, mentor or principal investigator attached. Retail and food service do not count.

Question 5 of 6

Has any of that experience been finance-related?

Banking, PE or VC, corporate finance, wealth management, equity research, accounting or consulting. Any size of firm counts.

Question 6 of 6

Are you in a finance club, investment fund or case competition team?

Campus clubs are how most admits get their first deal and modelling reps.

of admits

Aggregated from public LinkedIn profiles of people who held the internship. No individual profile is shown. Read the full investment banking intern profile analysis and the cross-industry study of 2,500+ intern profiles.

What Skills Does Stifel Look For, and How Do You Build Them?

Stifel's own Investment Banking and KBW Summer Analyst postings use identical language, and the intern assessment criteria the firm publishes match them closely. Financial modeling, quantitative and analytical skills, and communication appear in both the job posting and the official evaluation rubric Stifel publishes for its Institutional interns. So does attention to detail and the ability to manage multiple competing priorities in a fast paced environment. Excel and PowerPoint proficiency is a stated requirement, not an assumption. What does that combination tell you? Stifel screens for the same technical base as any investment bank, then layers on the extracurricular leadership record it explicitly asks for in every posting.

What Stifel looks for in interns

Skills across 2 Stifel intern & analyst job descriptions · Stifel's official 2027 Investment Banking/Institutional Group Summer Analyst job description, projecting 2027–2028

Financial modeling & valuation (DCF, comps)
2 of 2
Analytical & quantitative reasoning
2 of 2
Communication (written & verbal)
2 of 2
Attention to detail
2 of 2
Time management under pressure
2 of 2
Excel & PowerPoint proficiency
1 of 2
Leadership & extracurricular record
1 of 2

Method: Stifel's official Summer Analyst job description, posted with identical language across the Stifel, KBW, and Eaton Partners boards, cross checked against the intern assessment criteria Stifel publishes on stifel.com/careers/internships. Small basis by design: both sources are the company's own words, not third party JD mining.

How Is Demand for Investment Banking Interns Moving Right Now?

Investment banking intern postings · Sep vs Aug 2026

+80%34 a day
vs 19 in August
JulAugSep
23.5%of new listings say Summer 2027 ▲ 21.0 pts
+18%all investment banking analyst jobs, so this is the fall intern wave

For Stifel applicants: Investment banking intern hiring picked up sharply in September; apply within the first week a role posts, while the most seats are open.

Daily US job-posting counts, Sep 1–30 vs Aug 1–31, 2026. Covers under half of US postings; shows direction, not market size.

Build These Skills Before You Apply

Every skill in the chart maps to a remote Externship where you finish a real company project before the window opens.

Skill (from real JDs)JD evidenceExternship that builds it
Financial modeling & valuationIB/Institutional JD: "financial models to analyze company projections," "discounted cash flow analysis and multiple valuation analysis"Yinan Zhao Investing & Financial Modeling
Financial analysis & private company valuationPublic Finance and Eaton Partners tracks: credit work and private capital placement analysisHP Tech Ventures FP&A & Private Company Valuation
Company & industry research for deal sourcingJD: "conduct company and industry research," "engage in company and credit oriented research and due diligence"Corporate Strategy Externship

How close is the overlap? The Yinan Zhao project builds a valuation model in the same DCF and comps vocabulary Stifel's own posting uses, and the Corporate Strategy Externship externship's deal screening work maps directly onto the "due diligence" and "industry research" line items that show up in every Stifel and KBW Summer Analyst posting.

What Is the Stifel Application and Interview Process Like?

Stifel's Institutional Group runs a four stage funnel, and because postings go up per office and desk, each stage can start at a different time depending on which group you applied to:

1. Apply through careers-stifel.icims.com or join.stifel.com. Stifel posts separate listings per office and desk (Investment Banking, KBW, Eaton Partners, Fixed Income, Public Finance), so pick your strongest fit group; the summer 2027 postings let each applicant apply to no more than three Investment Banking listings across Stifel, KBW, Miller Buckfire and Eaton Partners. Your resume must be a PDF stating your expected graduation month, year, and GPA.

2. HireVue video interview. Candidate reports describe 5 behavioral questions, with multiple tries per question, plus timed HireVue games testing mental math, pattern recognition, and personality.

3. Phone or first round interview with an MD, Director, or junior banker. Resume walkthrough, "Why Stifel," and light behavioral questions; technical depth is usually minimal at this stage.

4. Superday, typically 3 rounds: senior banker behavioral interviews, then a 2 on 1 technical round with analysts covering fundamentals. Fixed Income and Sales & Trading candidates report panels of up to 5 directors.

5. Offer. Wall Street Oasis rates Stifel's overall interview experience 3.7 out of 5 (89th percentile) and difficulty 2.8 out of 5, leaning toward the easier end of the industry.

There's no published aptitude test for U.S. roles; the HireVue games are the closest thing. Rehearse the behavioral rounds and a DCF or comps walkthrough instead: our HireVue question guide with a free AI mock tool runs the same timed format.

What Students on Reddit Say

Three community threads show the process and the culture from the inside.

I'm currently a junior at a state school and I recently got an offer as an IB summer analyst at Stifel in their public finance group. It's not exactly a bulge bracket, but it's a real seat and real deal work.

r/FinancialCareers candidate report, paraphrased · read the thread

Stifel runs a Sophomore Explorer program for investment banking, an early in-person program that gives you a real shot at a Summer Analyst offer before most other students even start applying.

r/FinancialCareers applicant discussion, paraphrased · read the thread

Stifel knew from the start of the internship program that they weren't going to over-hire the way they did a while back. Half the intern class didn't get a return offer that cycle.

r/FinancialCareers former intern thread, paraphrased · read the thread

How Do You Stand Out on a Rolling, Per Desk Calendar?

Three moves, all doable before your target listing goes live (for IB summer 2028, expected around October to November 2026). First, pick your desk early and apply within days of its posting going up. Stifel doesn't review applications in one company wide batch, so the students who move first on their group's listing get reviewed first. Second, build proof in the JD's own words: financial modeling, DCF and comps work, and company research are named requirements, and a finished project answers a behavioral question with a real deliverable instead of a story. Third, come with a genuine reason for choosing a middle market firm, since Stifel's smaller deal teams and direct client exposure are the pitch it makes to every candidate. And know the stakes: community data puts conversion at roughly 65%, but that number has dropped as low as half the class in leaner hiring years, so summer performance still decides the outcome.

Student rehearsing interview answers alone in a quiet university library alcove at dusk, sitting upright at a wooden tab

What Other Companies Should You Consider?

Stifel sits in the middle market and regional tier of investment banking. These are the closest comparisons on structure, timeline, and prestige.

  • Robert W. Bairdemployee-owned Milwaukee firm; 23-year Fortune Best Companies streak; ~300 interns a yearGuide →
  • Raymond JamesSt. Petersburg-based full-service wealth management and IB peer, closest in structure to StifelGuide →
  • Piper SandlerMinneapolis boutique focused on healthcare, technology, and financial servicesGuide →
  • Jefferiesmid-market-to-full-service bridge with a larger intern class and broader geographic reachGuide →
  • Houlihan Lokeyelite boutique; #1 global M&A advisory by deal count, dominant in restructuringGuide →

For the wider field, see our finance internships summer 2027 guide.

Our investment banking internships 2028 guide maps bulge bracket, elite boutique, and middle market timelines side by side.

Four interns gathered around a standing-height table in a bright modern office with floor-to-ceiling windows overlooking

FAQ

Can I still apply for a summer 2027 Stifel internship?

Only for Home Office and Wealth Management, whose summer 2027 listings are expected to post this fall; none were live as of October 8, 2026. Every summer 2027 Institutional Group Summer Analyst listing has closed: Investment Banking (Stifel, KBW, Miller Buckfire and Eaton Partners offices) posted November 16, 2025 and is closed, Fixed Income Capital Markets in New York closed by September 21, 2026, and the Eaton Partners New York and Stamford listings posted September 19, 2026 were down by October 8, 2026. If you are aiming at Investment Banking, the next class is summer 2028: applications for summer 2028 are expected around October to November 2026 and are not posted yet.

When do Stifel internship applications open?

It depends on the desk. Investment Banking applications for summer 2028 are expected around October to November 2026: the summer 2027 listings posted November 16, 2025 and the summer 2026 listings January 21, 2025, roughly 16 to 19 months before the June start. Home Office and Wealth Management opens in the fall for the following summer, so its summer 2027 listings are expected this fall. Other Institutional Group desks post on their own dates; the Fixed Income Capital Markets summer 2027 listing was live by June 2026.

Is Stifel internship hiring rolling?

Yes, and it's staggered by office and desk rather than one company wide window. A listing for one group can open and start filling while a different desk's listing is still weeks from posting, so apply within days of your target group going live.

Does Stifel require a minimum GPA for internships?

The Institutional Group posting states a minimum GPA of 3.5, described as a floor rather than a preference. Home Office & Wealth Management publishes no GPA minimum, weighing communication skills and a track record of achievement instead.

What is the Stifel internship interview process like?

Apply with a PDF resume stating your graduation date and GPA, then a HireVue video interview with timed games, a phone or first round interview, and a multi-stage Superday. Wall Street Oasis rates the overall experience 3.7 out of 5 and difficulty 2.8 out of 5.

Do Stifel interns get return offers?

Stifel doesn't publish an official conversion rate, but states that many of its strongest associates started as interns. Community data from Wall Street Oasis puts intern to full time conversion around 65%, though one Reddit thread describes a leaner cycle where roughly half the class did not convert.

What skills does Stifel look for in interns?

Stifel's own Summer Analyst posting and its published assessment criteria both name financial modeling, analytical and quantitative reasoning, communication, and attention to detail. Excel and PowerPoint proficiency is a stated requirement, and a strong extracurricular leadership record is explicitly part of the screen.

How much does a Stifel internship pay?

Stifel's summer 2027 Investment Banking Summer Analyst postings (Stifel and KBW) listed a base salary of $110,000 a year, annualized, the same figure as the summer 2026 postings, in line with mid-market investment banking peers. Across Stifel's other intern postings Indeed puts the average at about $17 an hour (12 postings), and a summer 2026 Branch Intern listing posted $20 an hour.

Stifel doesn't run one company wide deadline, it runs dozens of rolling, per desk ones. Spend the runway building proof: a remote Externship turns "interested in middle-market banking" into a finished valuation project you can point to the moment your target listing goes live, which for IB summer 2028 is expected around October to November 2026.


About the Author

Bifei Wang has spent 17 years focused on human flow and the growth of young professionals, spanning international education, career training and coaching, and recruitment process outsourcing. Over 7 years at Extern, he has had one-on-one sessions with thousands of students exploring careers in consulting, finance, tech, marketing, and data, giving him a firsthand view of how the job market has shifted for early-career professionals and what it actually takes to break in.

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