2026–27 season

Investment banking off-cycle internships in London

8 of the 31 firms we follow for investment banking off-cycle internships in London are open now, with 12 roles between them. 23 opened this season and are no longer listed.

Updated 35m ago

Newest roles

7 more open roles across 8 firms are on Jorb AI.

Open now (8)

FirmOpen rolesOpened
Rothschild & Co15 Oct
Citi111 Sept
Raymond James11 Sept
Perella Weinberg Partners11 Aug
Crédit Agricole37 Jun
Evercore17 Jun
Jefferies3open since May 2026
Augusta & Co1open since Jan 2026

No longer listed this season (23)

  • FT PartnersOpened 5 Nov · no longer listed since 10 Nov
  • NatixisOpened 16 Sept · no longer listed since 10 Nov
  • Zaoui & CoOpened 9 Sept · no longer listed since 8 Nov
  • EBRDOpened 23 Oct · no longer listed since 7 Nov
  • Houlihan LokeyOpened 27 Oct · no longer listed since 5 Nov
  • National Bank of CanadaOpened 13 Oct · no longer listed since 3 Nov
  • IK PartnersOpened 17 Sept · no longer listed since 2 Nov
  • FTI ConsultingOpened 1 Oct · no longer listed since 1 Nov
  • LazardOpened 22 Sept · no longer listed since 31 Oct
  • KR8 AdvisoryOpened 10 Oct · no longer listed since 30 Oct
  • d'Angelin & Co.Opened 9 Sept · no longer listed since 29 Oct
  • PJT PartnersOpened 30 Jun · no longer listed since 24 Oct
  • GuggenheimOpened 24 Aug · no longer listed since 21 Oct
  • Morgan StanleyOpened 7 Sept · no longer listed since 21 Oct
  • HSBCOpened 7 Sept · no longer listed since 18 Oct
  • Deutsche BankOpened 7 Sept · no longer listed since 15 Oct
  • Piper SandlerOpened 9 Jun · no longer listed since 9 Oct
  • UBSOpened 17 Aug · no longer listed since 6 Oct
  • BBVAOpened 16 Jun · no longer listed since 16 Sept
  • RBCOpened 13 Aug · no longer listed since 25 Aug
  • LionTreeOpened 20 Jul · no longer listed since 14 Aug
  • Macquarie GroupOpened 24 Jun · no longer listed since 30 Jul
  • BNP ParibasOpened 26 Jun · no longer listed since 28 Jul

How the season runs

This is the first season we have followed most of these firms, so next year this page will say when each one is likely to open.

About investment banking off-cycle internships in London

Which investment banks have off-cycle internships open in London now?

Right now 8 of the 31 firms we follow for investment banking off-cycle internships in London have roles open, 12 roles between them, and the firm table names each firm with its open roles.

The firm table also lists the 23 firms whose London roles are no longer listed this season, each with the day it opened and the day it was no longer listed.

1 source · checked 9 Nov 2026
  1. Jorb AI's record, checked 9 Nov 2026

When do investment banking off-cycle internships in London open?

London's investment banking off-cycle roles open on different days: 29 of the 31 firms we follow have posted in the 2026–27 season, which began on 1 June 2026, and the firm table dates each.

UBS says applications for its UK and EMEA off-cycle internships typically start opening in August, with more posted through September. PJT Partners says its European off-cycle applications open in winter for a September start and in August for a January start. Perella Weinberg Partners says it recruits off-cycle interns across London, Munich and Paris in autumn. Rothschild & Co gives 18 December 2026 as the day applications open for its UK Global Advisory internship, which starts in September 2027. Last season PJT Partners' London roles were listed from 16 March 2026 until 14 April 2026.

5 sources · checked 9 Nov 2026
  1. Jorb AI's record, checked 9 Nov 2026
  2. UBS careers site, Off-Cycle Internship Program, checked 9 Nov 2026
  3. PJT Partners careers site, Students, checked 9 Nov 2026
  4. Perella Weinberg Partners careers site, Intern & Graduate Recruitment, checked 9 Nov 2026
  5. Rothschild & Co careers site, 2027 UK Global Advisory Off-Cycle Internship, checked 9 Nov 2026

How long is an investment banking off-cycle internship in London?

London's investment banking off-cycle internships, at the firms whose sites we checked, mostly last five or six months; UBS's off-cycle programme page, which names the UK but not London, gives 3 to 12 months, typically 6.

FT Partners describes its London internship as five months from January 2027, and Rothschild & Co its UK Global Advisory one as five months from September 2027. Rothschild & Co's Denmark team internship in London runs 5 to 6 months from January 2027, with an application deadline of 26 October 2026, and its Dutch coverage team's long-term internship, recruiting on a rolling basis, runs 5 to 6 months from January in London. Lazard's London recruitment FAQs say that in some years it may recruit off-cycle interns, typically for a 6-month period.

6 sources · checked 9 Nov 2026
  1. UBS careers site, Off-Cycle Internship Program, checked 9 Nov 2026
  2. FT Partners careers site, 2027 January Internship - Private Capital Markets (London), checked 9 Nov 2026
  3. Rothschild & Co careers site, 2027 UK Global Advisory Off-Cycle Internship, checked 9 Nov 2026
  4. Rothschild & Co careers site, 2027 Off-Cycle Internship - Denmark Team, checked 9 Nov 2026
  5. Rothschild & Co careers site, Long Term Internship – Dutch Coverage Team – 2027, checked 9 Nov 2026
  6. Lazard careers site, 2026 Lazard London Recruitment Process: FAQs, checked 9 Nov 2026

Who can apply for an investment banking off-cycle internship in London?

FT Partners' London internship requires a minimum 2:1, and Rothschild & Co's UK Global Advisory internship and UBS's UK and EMEA programme ask for candidates on track for a 2:1 or equivalent.

Rothschild & Co's UK Global Advisory internship is for graduates, or students eligible for a five-month internship during their studies. FT Partners asks for the ability to start in January 2027, prefers finance or accounting majors, and offers high-performing interns the chance to convert to full-time analysts in June 2027. Rothschild & Co's Dutch coverage team internship is aimed at students in their second or penultimate year and needs fluent Dutch. UBS's UK and EMEA programme takes students in the last two years of a degree or graduating within six months of the start, and says no finance degree is needed.

4 sources · checked 9 Nov 2026
  1. Rothschild & Co careers site, 2027 UK Global Advisory Off-Cycle Internship, checked 9 Nov 2026
  2. FT Partners careers site, 2027 January Internship - Private Capital Markets (London), checked 9 Nov 2026
  3. Rothschild & Co careers site, Long Term Internship – Dutch Coverage Team – 2027, checked 9 Nov 2026
  4. UBS careers site, Off-Cycle Internship Program, checked 9 Nov 2026

How do London investment banks select off-cycle interns?

Perella Weinberg Partners' recruitment process in Europe, which covers its off-cycle interns, runs from a CV review to telephone screens, a one-hour first-round interview and an assessment day of verbal and numerical tests, interviews and a case study.

Rothschild & Co says its online assessment is not timed and can sometimes take up to 3 working days to reach a candidate. For many of its opportunities, it says, the vacancy ends when all positions have been filled, and a candidate can submit at most seven applications globally per recruitment cycle.

2 sources · checked 9 Nov 2026
  1. Perella Weinberg Partners careers site, Intern & Graduate Recruitment, checked 9 Nov 2026
  2. Rothschild & Co careers site, Students and graduates FAQs, checked 9 Nov 2026

Keep looking

Applying across this list

8 firms are open for investment banking off-cycle internships in London right now, each with its own portal, documents and deadline. Jorb AI's application agent handles the multi-firm workload in one place, tailoring a CV and cover letter for each role you pursue and tracking each application alongside the rest.

“Opened” is the date the firm posted a role, or the day Jorb AI first saw it on the firm’s own careers site, which we check daily. “No longer listed” means the posting has been gone for a few days. Last season’s dates are shown only for firms we were already following when that season began.

Open counts every listing still open, including those first seen before 1 June; Opened this season counts only those first seen since.

Get notified when new internship and graduate roles open.