Investment Banking Internship Programme
The Peel Hunt Internship Programme is a six-week programme that offers participants the opportunity to work in the Peel Hunt Investment Banking division. As part of this programme, participants will have the opportunity to work on a broad range of projects, from a transaction such as an IPO or M&A project to a marketing presentation.
What you’ll do
The programme is six weeks long and based at Peel Hunt’s London office in Liverpool Street, beginning in June. Each participant will have a dedicated mentor as well as the opportunity to attend networking events within the firm.
You will have the opportunity to work on a broad range of transactions, whether this be an IPO, a rights issue or an M&A project. You will gain exposure to all aspects of the deal including valuation, investment cases, transactional documents, financial and legal due diligence, and general project management.
You will be involved in helping to draft marketing materials for current and potential Corporate clients. You will also be asked to assist with various ad-hoc projects.
Participants will work alongside a wide range of employees from the firm, from fellow interns to senior management. You will be responsible for supporting various sector teams (e.g. Consumer, Real Estate, Healthcare) and helping to contribute to the success of that team.
Depending on performance, there is the potential opportunity to transition into a permanent role upon completion of the programme.
I have now completed three internships, which has provided me with detailed insight into Investment Banking. This has been invaluable for increasing my market knowledge especially working alongside different areas in the team. Everyone has made every effort to help and encourage me – it has been a great environment to work in.
The internship is unrivalled in terms of exposure, opportunity and ability to work with leading talent in a dynamic investment bank. Working across multiple sector and products teams provides hands on experience and insight into mid-cap corporate finance, supported by driven team members who invest in your development and want you to succeed.
I was given exposure to many sector teams during my stint at the company and relished the fact that my opinion was listened to and valued on the same level as a full-time employee. The size of the firm, along with its inclusive culture, gives interns unparalleled access to the UK Mid-Cap Investment Banking universe when compared to some of the larger banks.
I thoroughly enjoyed my six-week internship working in the Investment Banking Division at Peel Hunt. From Day One, I felt like a valued member of the team. The whole department were very welcoming and helpful to me, and it was a great experience to get insight into working with all the different sector teams, from Consumer and TMT to Natural Resources.
At Peel Hunt, our four core values are
Empower each other
Only accept excellence
Do the right thing
You should also be
A team player
A good fit for our culture
The common characteristics and skills we look for include:
As you progress in this career, a significant proportion of the role is managing and overseeing all the work streams of a transaction – from documents, due diligence and marketing presentations, as well as all the working-parties involved. Therefore, you need to be a strong project manager. As an intern, don’t worry, we won’t ask you to run a transaction, but you will have to manage multiple tasks at any one-time.
You will be dealing with numbers a lot, so strong numeracy is a core competency. We are not looking for the next Einstein, but you need to have a good grasp of skills including computation, probability and statistics. You will also be involved in helping to research and analyse data, whether this be the financials of a takeover target, the trends in UK house prices or the movement in a company’s share price.
This might surprise you, but much of the job involves writing, whether this be a marketing presentation, a transaction document or just an e-mail. Many of the senior team members studied non-science degrees including History, English and Classics.
We operate in a highly competitive industry so we need competitive employees in order to maintain our edge. However, we value and reward those who put the firm’s goals ahead of individual ambition as we believe working together delivers better productivity and results.
We spend a lot of our time interacting with a wide range of people, whether this be speaking with clients, meeting new companies or discussing ideas with fellow colleagues. As such, you need to be good at interacting with all types of people. As part of your role, you will have the opportunity to work with a broad range of Peel Hunt employees as well as clients and other professional advisors.
In this role, you never stop learning – sector trends, new business models, regulatory updates or learning about yourself. We believe a positive attitude is essential as it not only inspires a more creative and constructive way of thinking for our clients but also a supportive culture within the firm.
Much of the work is computer-based using Microsoft applications – particularly Excel, PowerPoint and Word. You will receive formal and on-the-job training on other applications including Bloomberg, Fidessa and Factset.
Our core competency is advising listed companies, so you need to be interested in the capital markets.
We are looking for high-flyers who have been consistent high performers. To be good at this role, you need to be strong at all the above skills and competencies, not just exceptional at one or two.
How to Apply
The programme runs during the summer each year. Applications will open on January 31st 2023. Applicants must have completed their first year at University, and have excellent academic qualifications.
There are two stages to the assessment process:
- Submission of a CV and cover letter. The cover letter should be no longer than 250 words and should state why you would like to join the Peel Hunt Investment Banking Internship Programme.
- A face-to-face meeting with the Peel Hunt senior management.