Deutsche Bank Internship Programme – Investment Banking & Capital Markets – London - 2027

About the Programme

The Deutsche Bank 9-week Summer Internship Programme is designed to help you develop your skills through formal training and continuous support. You’ll quickly gain the confidence to take on real projects by learning firsthand how and what we deliver for clients worldwide. You’ll be supported by colleagues across the business and begin to develop your professional network.

About the Division

Our Investment Banking & Capital Markets (IBCM) business provides a full range of advisory and financing products and services of a leading global investment bank. Our clients include large-cap and mid-cap corporates, financial institutions, governments, government agencies, and financial sponsors.

We recognize that selecting the right investment banking partner can be key to a company’s success. Our relationships are enhanced by industry sector, country, and regional expertise, closely aligned to high-quality client solutions. We offer both buy-side and sell-side advisory services for mergers and acquisitions, restructuring advisory, debt and equity capital raising services (including dedicated Environmental Social Governance (ESG) solutions), and structured equity transactions. We advise on innovative cross-border and regional transactions in the US, Europe, and Asia Pacific.

About the Role

Interns are given the opportunity to learn about the business from different viewpoints, providing a career advantage.

Working on day-to-day business activities and special projects, you will contribute to the development of new ideas to help clients achieve their financial goals.

You will gain experience across different areas of the business and discover market-leading solutions firsthand.

Your day-to-day tasks may vary depending on your business area; intern responsibilities may include:

• Performing in-depth company and industry research and analysis
• Supporting the execution of client advisory and financial transactions, managing multiple projects
• Preparing marketing materials and transaction documentation, including confidential memoranda, board papers, pitch books, corporate profiles, and analysis
• Conducting detailed financial modelling, valuation, and forecasting of financial statements
• Working with Equity Sales and Research teams to service public clients and track and win IPO opportunities
• Developing an understanding of the bank’s product suite

Areas in Which You Could Work

• Sector Coverage: Consumer, Financial Institutions Group (FIG), Healthcare, Industrials, Infrastructure and Utilities, Real Estate/Gaming/Lodging, Leisure (REGLL), Technology, Media and Telecom (TMT)
• Product Groups: Leveraged Finance, Mergers & Acquisitions
• Country Coverage: Nordic, Central and Eastern Europe, the Middle East and Africa (CEEMEA)

What We Look For

• Strong foundational knowledge and interest in Corporate Finance and Accounting
• Confident, constructive, and effective communication skills
• Strong interpersonal skills, with the confidence to engage with clients and contribute to day-to-day client relationships
• Ability to solve problems, organize tasks, and manage multiple projects with demanding timelines
• Strong attention to detail and accuracy
• Interest and ability to work collaboratively across the Deutsche Bank platform and global teams to support clients
• A financial background isn’t required; comprehensive training programmes will provide the technical skills you need

Eligibility for the 2027 Internship Programme

• Complete your studies (all final exams and coursework, with no outstanding requirements for graduation) between 1 August 2027 and 31 July 2028
• Be able to start full-time work in July 2028, subject to local working legislation and visa requirements
• Return to full-time study after the 2027 internship. If you do not return to full-time study, you will not be eligible for the 2028 Graduate Programme
• Have achieved at least 3 A-Levels at grade AAA, with a minimum grade A in A Level Maths (or the UCAS points equivalent if you studied outside the UK—please research grade equivalents)
• Be on track for a 2:1 or First (or equivalent) in your undergraduate degree
• Possess no more than 12 months full-time, relevant work experience
• For some placements in IBCM, in addition to English, fluency in a European language is desirable

Benefits and Wellbeing

Deutsche Bank is committed to benefits and programmes centered around wellbeing to help you feel healthy, engaged, and well-supported.

About Us and Our Teams

Our values define the working environment we strive to create, where people feel a sense of belonging and can contribute and grow. We collaborate, encourage open dialogue, and support diversity of views to drive business results and enable people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people of all cultures, countries, races, genders, sexual orientations, disabilities, beliefs, and generations, and we are committed to providing a working environment free from harassment, discrimination, and retaliation.

How to Apply

Use the Employability Hub to support your application, prepare for assessment processes, and adapt to a new working environment.

Please visit www.careers.db.com/students-graduates to apply.

The application deadline for this role is October 11, 2026 at 11:59PM GMT.

• We hire on a rolling basis and may close the role prior to the deadline if we receive a significant number of applications. If the role is due to close early, the deadline will be updated 48 hours in advance. Please apply early.
• Applicants will be required to upload a CV and evidence of their A-Level (or equivalent) qualification as part of the initial application.
• You may only make ONE application per recruitment season in the UK. Making multiple applications with multiple profiles may result in removal from the recruitment process.
• If you are interested in applying to UK roles in Technology, Data and Innovation, Risk, Group Audit, Management Consulting, Corporate Bank, and Private Banking, these go live on October 5, 2026.