Deutsche Bank March Seasonal 6 Month Internship Programme - Investment Bank: Capital Markets - UK Coverage - London - 2027

Deutsche Bank Investment Banking & Capital Markets Internship Programme (UK Coverage Team)

About the Programme

The Deutsche Bank 6-month 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 first-hand how and what we deliver for clients worldwide. You’ll feel supported by colleagues across our business and start to develop your professional network.

The seasonal internship is a 6-month, full-time programme (March 2027 – September 2027) and is designed for students in their penultimate year of study who are looking for a long-term internship as part of their course.

About the Division

Our Investment Banking & Capital Markets business provides the 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 our dedicated Environmental, Social and 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

Our interns in the UK Coverage Team are given the opportunity to learn about our business from different viewpoints, giving you a career advantage.

Working on day-to-day business as well as on special projects, you will contribute to the development of new ideas to help our customers achieve their financial goals. You will gain experience across different areas of the business and discover our market-leading solutions firsthand.

Intern responsibilities may include:

• Performing in-depth company and industry research and analysis.
• Supporting the execution of client advisory and financial transactions across public and private M&A, IPOs, Equity Capital Markets and private fundraising, while collaborating with local and international teams.
• Preparing marketing materials and transaction documentation, including confidential memoranda, board papers, pitch books, corporate profiles, and analytical materials.
• Building and maintaining financial models, valuations and forecasts to support strategic advice and transaction execution.
• Supporting public clients through market analysis, preparation of investor materials, and supporting investor interactions, developing a strong understanding of how mid- and large-cap companies enhance shareholder value, access capital and pursue strategic opportunities.
• Regular engagement with listed corporate clients through Deutsche Bank’s Corporate Broking franchise by providing market insights, shareholder analysis and preparation of investor materials.
• Working closely with Equity Research, Equity Sales and IBCM Product teams to support public clients, originate opportunities and contribute to IPO and broader capital markets mandates.
• Developing a broad understanding of Deutsche Bank’s product suite and how the wider platform can be leveraged to deliver integrated solutions for clients.

Areas in which you could work with UK Coverage

• Generalist Broking & Advisory
• Consumer
• Business Services and Industrials
• Building Property and Real Estate (BPRE)
• Technology, Media and Telecom (TMT)
• Investment Companies

What We Look For

We recruit students and graduates who have:

• A 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.
• The ability to solve problems, organize tasks and manage multiple projects with demanding timelines.
• Strong attention to detail and accuracy.
• An interest and ability to work collaboratively across the Deutsche Bank platform and global teams in support of our clients.

A financial background isn’t required. Our comprehensive training programmes will provide you with the technical skills you’ll need to build a career with us.

Eligibility for the 2027 Internship Programme

• Complete your studies (all final exams and coursework) and have 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.
• Achieve 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 before proceeding).
• 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 providing benefits and programmes centred 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 our people have a sense of belonging and everyone feels welcomed, respected, and can contribute and grow. We collaborate, encourage and enable open dialogue and diversity of views. We build talented and diverse teams to drive business results and encourage 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 from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations, and are committed to providing a working environment free from harassment, discrimination and retaliation.

How to Apply

If you’re fresh out of school or already have some experience, you’ll find helpful tools and information on the Employability Hub to support your application, prepare for the 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.

Additional Application Information

• 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 their initial application.
• You may only make ONE application per recruitment season in the UK. Multiple applications with multiple profiles may result in removal from the recruitment process.
• If you are interested in applying to UK: Technology, Data and Innovation, Risk, Group Audit, Management Consulting, Corporate Bank and Private Banking Roles, these go live on October 5, 2026.

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