At Piper Sandler, we connect capital with opportunity to build a better future.

We believe diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. Our mission is to recruit, develop, retain and engage a diverse, high-performing team. Our business enables bright, committed people working in partnership within an environment that allows each person to achieve at a high level. We commit to encouraging and valuing inclusivity because every partner brings unique perspectives that help us better serve our clients.

The Summer Analyst Program

Piper Sandler is currently seeking undergraduate students for our 2025 Investment Banking Summer Analyst Internship Program. Summer Analysts generally work 10 weeks within an industry or product group in Investment Banking and have the opportunity to learn financial modeling and basic analysis of companies and industries, as well as gain an understanding of the dynamics of the capital markets.

The Internship Program includes one week of formal training held near Piper Sandler's Minneapolis, MN headquarters. Interns will also have the opportunity to attend networking events during the program. Our Investment Banking internships are a direct pipeline to our full time Analyst positions for the following year.

Our Secondary Capital Advisory team is currently seeking a 2025 Summer Analyst in our New York, NY office.

The Secondary Capital Advisory group is an integral team within Aviditi Advisors. In August, it was announced that Piper Sandler completed its acquisition of Aviditi Advisors( press release )representing the next chapter of the firm's continued growth as Piper Sandler's Private Capital Advisory group. The Private Capital Advisory group provides comprehensive, tailored solutions throughout an alternative investment manager's lifecycle. A candidate would have the ability to join an entrepreneurial and growing team looking to build out a highly differentiated, private equity focused advisory platform. Private Capital Advisory operates across three core business lines: primary fundraising, secondary advisory and portfolio company financing solutions. Since inception in 2020, the Private Capital Advisory group has advised on over $30 billion in transaction volume. More detailed information on Aviditi, now the Private Capital Advisory group within Piper Sandler, can be found here .

The Secondary Capital Advisory group offers best-in-class solutions to private equity sponsors and their limited partners. Specifically, the team partners with private equity sponsors to advise on and raise third-party capital for GP-led secondary transactions, such as continuation vehicles. Additionally, the team works closely with institutional investors seeking liquidity from their private assets, including LP portfolio sales. The team leverages decades of expertise in secondaries to originate, structure, and execute these transactions. The Secondary Capital Advisory group is currently seeking an Analyst to support its ongoing growth.

Key deal execution tasks include:

• Preparing materials, including confidential information memorandums, new business pitches, client presentations, and supporting due diligence documents
• Provides support in building financial projection models for underlying companies and fund level returns
• Participating in investor outreach, including sitting in on introductory calls, price discovery, and active processes
• Interfacing directly with private equity clients, management teams, and investors on prospective and mandated transactions
• Assisting junior team in tracking responsibilities including live deals, opportunities pipeline, internal controls and market intelligence
• Communicating regularly with Private Capital Advisory professionals and across Piper Sandler's M&A and Financial Sponsor Coverage teams

• The Internship Program is open to students who anticipate graduating from a top-tier undergraduate institution in December 2025 or May/June 2026
• Minimum 3.5 GPA
• Seeking a bachelor's degree in Finance, Accounting or Economics or another business-related field
• Excellent quantitative and analytical skills, including Excel modeling and valuation
• Very strong technology background with exceptional Excel, Power Point skills
• Outstanding written and verbal skills with specific ability to communicate concepts and ideas concisely
• Ability to work well under pressure, manage tight deadlines across multiple projects, and have the aptitude to synthesize large amounts of information
• Strong interpersonal skills, highly detail oriented, organized, pro-active, intellectual curiosity, and an ability to thrive in a high energy, dynamic environment
• Ability to comfortably interact with clients in the utmost professional and mature manner
• Outstanding ethics, integrity, and judgement
• Prior to the start of the internship, it is beneficial for interns to have taken finance and accounting courses or self-study. Training will be provided prior to the start of the internship.

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.

Our investment banking clients have access to unparalleled guidance through our deep product and sector expertise and ready access to global capital. We take pride in providing our clients with thoughtful advice and diligent execution, no matter the economic environment. Our investment banking group partners with corporate clients and financial sponsors to provide advisory and financing services related to mergers and acquisitions, equity and debt capital markets, private placements, restructuring and corporate & venture services. We offer in-depth knowledge and industry relationships in our core sectors of chemicals, consumer, diversified industrials & services, energy & power, financial services, healthcare and technology. Learn more about our investment banking team here .

Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee's health and well-being. Learn more about our benefits program and how we are here for our employees and their families today, tomorrow and beyond.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.

The anticipated starting salary for New York City-based individuals expressing interest in this position is based off an annualized salary of $110,000 per year.