Highlights
- Master the art of developing and executing transactions
- Understand how businesses capitalize and CEOs strategize
- Work with and learn from experts in the business
About the role
Investment Banking at Barclays operates in two major business units:
Coverage / M&A
- We have a global coverage sector presence and strong global connectivity this helps our bankers provide holistic and cohesive strategic advisory services and financing solutions to clients in their sector of expertise, helping them identify M&A solutions, capital raising strategies, and growth opportunities.
- Coverage teams originate client transactions and execute through partnerships with Product Specialists, including mergers and acquisitions (M&A), equity, and debt financings, leveraging their collective deep industry knowledge to deliver tailored solutions for clients.
- Bankers are responsible for building and maintaining strong relationships with C-suite executives and key decision-makers, originating new opportunities.
Consumer Retail Group (CRG)
- Provides financial and strategic advisory services to clients across key Consumer and Retail sectors.
Coverage - CSEE
- Provides financial and strategic advisory services to clients in Central & South Eastern Europe, covering all sectors and products with a focus on M&A.
The Energy Transition Group (ETG)
- The Energy Transition Group (ETG) focuses on the entire energy value chain, with a strong emphasis on decarbonisation providing clients with strategic and financial advice across Barclays products.
Financial Institutions Group (FIG)
- The Financial Institutions team at Barclays provides clients with strategic and financial advice and capital markets financing solutions across various financial services verticals, including Asset & Wealth Managers, Banks, Insurance, Financial Technology, and Specialty Finance.
Financial Sponsors Group (FSG)
- The Financial Sponsors Group originate and execute M&A, Leveraged Finance and ECM transactions on behalf of the portfolio companies of the largest global private equity firms across industry and geographic verticals. The team is one of the leading private equity coverage groups globally.
Healthcare
- The Healthcare team at Barclays provides clients with financial and strategic advisory services across key global Healthcare sectors, including Biopharma/Life Sciences, Medtech, Services, and Tools/Diagnostics.
Industrials
- The Industrials team at Barclays provides clients with strategic advice and financing solutions across various industrial verticals, including Business Services, Capital Goods, Chemicals, Paper & Packaging, Metals & Mining, and Transportation.
Infrastructure
- The Infrastructure team provides sector- and product-agnostic strategic advisory, financing and risk management services to a broad range of private equity, sovereign wealth funds, and pension funds. The team works across sub-sectors within the broadening infrastructure asset class.
Real Estate
- The Real Estate team covers a broad range of sectors across office, retail, industrial, self-storage, residential, student accommodation, healthcare, data centers, and hospitality & leisure.
Mergers & Acquisitions (M&A)
- Oversees activities related to merger and acquisition transactions, including origination and execution of deals, corporate governance, activism, and hostile defense assignments.
Telecom Media and Technology (TMT)
- Provides a full spectrum of services to address strategic advisory, financing, and risk management needs across several industry verticals including, but not limited to, Telecom Infrastructure, Media, Internet, Software, Payments, Tech Services, Gaming and Leisure
UK Advisory
- As sector generalists, the team collaborates closely with sector-specialist colleagues across various industries to provide advice on UK situations, with a particular focus on M&A. They also offer critical guidance on navigating the UK Takeover regime concerning public M&A.
Capital Markets
Capital Markets specialises in equity and debt origination, loans, structuring, risk management and syndication.
Corporate Broking (UK)
- Corporate Broking (UK): Advises UK listed companies on their relationship with equity markets, providing independent advice and engagement on all market-making and equity-raising activities for quoted company clients.
Debt Capital Markets (DCM)
- Barclays Debt Capital Markets (DCM) Teams work on bond issuance across Corporate, Financial, and Sovereign borrowers. They keep prospective borrowers updated on credit markets, give advice on funding options and strategies in the debt markets, and manage the execution of bond transactions for clients.
Equity Capital Markets (ECM)
- The Equity Capital Markets (ECM) Group sits within Barclays’ Investment Bank Division and is responsible for initiating, structuring, underwriting, and executing equity transactions for corporate issuers, financial sponsors, and shareholders.
Leveraged Finance
- Leveraged Finance: Barclays Leveraged Finance (LevFin) team is responsible for originating, structuring, and executing debt financing solutions for corporate and private equity clients. They provide bespoke capital solutions across leveraged loans, high-yield bonds, and other debt instruments to support mergers and acquisitions, leveraged buyouts, refinancings, dividend recapitalizations, and other strategic transactions.
Risk Solutions Group (RSG)
- The Risk Solutions Group (RSG) helps corporate clients manage their exposure to financial risks, such as moves in interest rates, foreign exchange rates, and inflation.
Strategic Capital & Alternative Finance
- Strategic Capital is a principal credit investing business within Capital Markets that invests Barclays’ balance sheet in attractive opportunities across the capital stack. They support strategically important clients and generate strong risk-adjusted returns.
Sustainable Banking Group (SBG)
- The Sustainable Banking Group supports the sustainability needs of clients across all industries. They offer a tailored approach to coverage, advice, and execution across M&A, risk management, equity, and debt.
Sustainable Project Finance (SPF)
- The SPF Team drives portfolio decision-making on financial and non-financial risks. They support Barclays' ambition to deliver USD $1 trillion in sustainable and transition finance by the end of 2030. The team provides sustainability expertise in the design of new products, drives the execution of Barclays’ Sustainable Finance commitments and strategy, and offers intensive training to ensure team members have the financial markets fundamentals needed to grow and develop.
Syndicate
- This team bridges the gap between the private and public sides of an investment bank, executing primary market transactions of fixed income securities.
Whichever business unit you join, we can offer you the broad exposure to different types of clients, transactions and products you need to become a highly-skilled banking professional.
What to expect
You'll not only receive a unique insight into what we do by working closely with colleagues from across the Bank, but you will also take on your own projects and responsibilities — with our full support. You’ll start with training, after which you’ll join a team focused on a key industry, product or region. You’ll work on live deals and deal proposals, learn how to put together new business presentations and discover the art of executing transactions.
How you’ll develop
You’ll be surprised by what you can achieve in one summer. From beginning to end, we’ll do everything in our power to make sure you get the very most from your internship.
We’ll surround you with challenging projects and opportunities to grow and learn. We’ll keep you motivated with encouragement, feedback and support as you build your leadership skills, technical know-how and business acumen. We’ll help you connect with mentors, and network with colleagues and senior leaders alike. You’ll get the chance to give back to the community through volunteer events. And if you really impress us, this could be the beginning of an incredible career. We invite top-performing interns to join us as full-time analysts after graduation.
Who thrives here
We welcome people of any educational background, but you should have a keen interest in business and finance. You’ll be great at communicating and collaborating – motivated by pace and pressure and driven to achieve and search for the best solution. You’ll also be ready to develop a deep understanding of what we do, why we do it, and how your role impacts on our business outcomes. These are qualities that people at Barclays have in abundance, and we’ll help you develop and strengthen them from the day you arrive.
What to expect
You'll not only receive a unique insight into what we do by working closely with colleagues from across the Bank, but you will also take on your own projects and responsibilities — with our full support. You’ll start with training to equip you with the skills you’ll need as a banker, after which you’ll join a team focused on a key industry, product or region. You’ll work on live deals, develop your financial modelling and valuation skills, perform client relationship management and due diligence and help to develop and review the work of junior colleagues.
How you’ll develop
You’ll be surprised by what you can achieve in one summer. From beginning to end, we’ll do everything in our power to make sure you get the very most from your internship.
We’ll surround you with challenging projects and opportunities to grow and learn. We’ll keep you motivated with encouragement, feedback and support as you build your leadership skills, technical know-how and business acumen. We’ll help you connect with mentors, and network with colleagues and senior leaders alike. You’ll get the chance to give back to the community through volunteer events. And if you really impress us, this could be the beginning of an incredible career. We invite top-performing interns to join us as full-time analysts after graduation.
Who thrives here
Our Banking Summer Associate program is open to first-year MBA students with a keen interest in business and finance. You’ll be great at communicating and collaborating – motivated by pace and pressure and driven to achieve and search for the best solution. You’ll be great at communicating and collaborating – motivated by pace and pressure and driven to achieve and search for the best solution. You’ll also be ready to develop a deep understanding of what we do, why we do it, and how your role impacts on our business outcomes. These are qualities that people at Barclays have in abundance, and we’ll help you develop and strengthen them from the day you arrive.
What to expect
Capital Markets is organised into several specialist areas covering equity and debt origination, loans, structuring, risk management and syndication. The opportunities and challenges in this part of our business come thick and fast – and in all shapes and sizes. No matter which area you intern in, you’ll learn from the best in the business, immerse yourself in our culture, and be involved in real projects. Here are our core businness units that you might have the chance of experiencing:
Debt Capital Markets
This division collaborates with investment-grade rated companies to facilitate primary debt raising. As a graduate, you'll partner with our seasoned experts to craft and organize fixed income securities, subsequently promoting them to potential investors. In addition to various responsibilities, this debt plays a vital role in funding acquisitions, capital outlays, and the refinancing of bonds or other fixed-maturity debt securities.
Global Finance Advisory
This group employs an analytical approach to address conventional corporate finance inquiries. As a graduate, you will delve into areas including cash allocation, capital structure management, and the mitigation of financial risks within companies.
Equity Capital Markets
This team provides guidance to corporations, institutions, and governments regarding a variety of products aimed at raising equity capital, monetizing positions, and managing ownership interests. As a graduate, you will play a role in structuring and implementing equity and equity-linked transactions.
Leveraged Finance
You’ll join a team that generates funding for companies that already have a considerable amount of debt. And because the funding is riskier, it’s also more costly, resulting in capital structures relying on a higher degree of financial leverage. As part of this team, you’ll provide clients with appropriate advice on how to manage existing capital structures in an ever-changing market environment and collaborate with Coverage and Credit Risk teams to carry out analysis that will support Barclay’s underwriting decision-making.
Risk Solutions Group
RSG assists corporate clients in handling their vulnerability to financial risks, including fluctuations in interest rates, foreign exchange rates, and inflation. Through the design and promotion of interest rate and currency derivatives, this division safeguards clients from the inherent risks associated with activities like mergers, acquisitions, debt financing, and various other transactions. As a recent graduate, you'll be responsible for crafting precise solutions that can adapt effectively to the constantly changing landscape of risks.
Syndicate
This team serves as a vital link between the private and public sectors of an investment bank, handling primary market transactions involving fixed income securities. Whether it's managing multi-billion dollar bond deals or arranging bridge loans for acquisition financing, this group provides a diverse array of financing solutions to our global issuing clients.
Corporate Broking
Corporate Broking holds a central position within Barclays' UK advisory and capital markets enterprises. This unit plays a crucial role in propelling the growth of the investment banking platform by leveraging its well-established connections with some of the UK's most prominent and captivating publicly listed corporations.
How you’ll develop
You’ll be surprised by what you can achieve in one summer. From beginning to end, we’ll do everything in our power to make sure you get the very most from your internship.
We’ll surround you with challenging projects and opportunities to grow and learn. We’ll keep you motivated with encouragement, feedback and support as you build your leadership skills, technical know-how and business acumen. We’ll help you connect with mentors, and network with colleagues and senior leaders alike. You’ll get the chance to give back to the community through volunteer events. And if you really impress us, this could be the beginning of an incredible career. We invite top-performing interns to join us as full-time analysts after graduation.
Who thrives here
We welcome people of any educational background, but you should have a keen interest in business and finance. You’ll be great at communicating and collaborating – motivated by pace and pressure and driven to achieve and search for the best solution. You’ll also be ready to develop a deep understanding of what we do, why we do it, and how your role impacts on our business outcomes. These are qualities that people at Barclays have in abundance, and we’ll help you develop and strengthen them from the day you arrive.
What to expect
You'll not only receive a unique insight into what we do by working closely with colleagues from across the bank, but you will also take on your own projects and responsibilities with our full support. You’ll start with training, after which you’ll find yourself supporting the Investment Bank’s ambition to be a market leading sustainable finance franchise. You’ll work on live projects that are key to Barclays’ ambition to deliver our USD $1 trillion sustainable and transition finance target. You could be involved in everything from providing sustainability expertise in the design of new products to driving the execution of Barclays’ Sustainable Finance commitments and strategy.
How you’ll develop
You’ll be surprised by what you can achieve in one summer. From beginning to end, we’ll do everything in our power to make sure you get the very most from your internship. We’ll surround you with challenging projects and opportunities to grow and learn. We’ll keep you motivated with encouragement, feedback and support as you build your leadership skills, technical know-how and business acumen. We’ll help you connect with mentors, and network with colleagues and senior leaders alike. You’ll get the chance to give back to the community through volunteer events. And if you really impress us, this could be the beginning of an incredible career. We invite top-performing interns to join us as full-time analysts after graduation.
Who thrives here
We welcome people of any educational background, but you should have a keen and demonstrable interest in sustainable finance. You’ll be great at communicating and collaborating motivated by pace and pressure and driven to achieve and search for the best solution. You’ll also be ready to develop a deep understanding of what we do, why we do it, and how your role impacts on our business outcomes. These are qualities that people at Barclays have in abundance, and we’ll help you develop and strengthen them from the day you arrive.
Further information
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