Investment Banking Off Cycle Internship

About the Jefferies Investment Banking Off Cycle Internship

Jefferies is a leading global, full-service investment banking and capital markets firm providing advisory, sales, trading, research, wealth and asset management services. With over 47 offices in 21 countries, Jefferies offers deep insights and expertise to investors, companies, and governments worldwide. Our talented professionals deliver a full range of advisory and underwriting services through creative M&A, leveraged finance, equity & equity-linked financing, and restructuring & recapitalization solutions. The firm boasts approximately 1,300 investment banking professionals, ensuring global coverage across all products and sectors.

MENA Team Overview

The Jefferies MENA Investment Banking Group provides comprehensive investment banking services, including M&A, ECM, and DCM, to diverse companies across various sectors. Established in late 2023, the MENA IB Group is projected to grow to 10-15 bankers by early 2026. This dynamic environment offers interns the unique opportunity to take on significant responsibility, engage in creative problem-solving, and contribute entrepreneurially to the rapidly expanding MENA business.

What You Can Expect as an Investment Banking Off Cycle Intern

Jefferies Investment Banking Interns gain unparalleled insight into a global, client-focused investment bank, experiencing an entrepreneurial culture where their contributions make an immediate impact and receive recognition. Interns are exposed to the breadth of Jefferies' offerings, working closely with senior bankers on pitches and live deals. Our lean deal team structure provides hands-on experience and fosters lasting personal and professional relationships with peers and senior bankers, laying the groundwork for a successful career. Beyond fundamental analysis and research, Interns are encouraged to think creatively, offer input, and add value from day one, pursuing projects with excellence, collaboration, and the highest levels of integrity.

Key Responsibilities

• Perform financial valuation, including discounted cash flow and multiples-based analysis.
• Build and operate complex financial models.
• Prepare pitchbooks and live deal materials, such as management presentations, offering memorandums, and prospectuses.
• Conduct in-depth industry and product research.
• Analyze detailed corporate and financial information.
• Participate actively in the execution of M&A, equity, and debt transactions.
• Interact with clients and potential buyers.
• Contribute to building out the MENA business, office, and franchise.

Requirements for Success

• Demonstrated ability to work effectively as part of a global team.
• Self-starting approach to problem-solving.
• Strong quantitative skills, accuracy, flexibility, reliability, dedication, and enthusiasm.
• Excellent academic credentials and professional drive.
• Previous investment banking or corporate finance experience is advantageous.
• Ability to work under pressure and consistently demonstrate a passion for excellence.
• Proficiency in MS Excel and PowerPoint.
• Fluency in Arabic is an advantage.
• Both attention to detail and the ability to comprehend the bigger picture.

Internship Program Details

This is a long-term off-cycle internship within the Investment Banking MENA team, based in the Dubai office. The program is slated for an April/May 2026 start, with recruiting conducted on a rolling basis from February. Only one application per recruitment season will be considered.

Key Skills/Competency

• Financial Modeling
• Valuation Analysis
• M&A Advisory
• Equity Capital Markets (ECM)
• Debt Capital Markets (DCM)
• Corporate Finance
• Pitchbook Preparation
• Industry Research
• Microsoft Excel
• Microsoft PowerPoint