Guggenheim Securities 2028 application guide

For
2028 summer analysts
Sources
12 cited

Applying to Guggenheim Securities for summer 2028? Check your resume against a Guggenheim-style screen below, then read when the group postings open, how Sophomore FOCUS leads to an interview and what comes after you apply.

A student on a window bench in a campus student union in January, laptop on their knees, a printed resume and a pen beside them, snow covering the quad outside.
For summer 2027, Guggenheim Securities posted its summer analyst roles in early January 2026 and reviewed applications from as early as Jan 11.

Key facts

  • When it opens: For summer 2027, the group postings went up in early January 2026, with rolling review from as early as Jan 11, so expect summer 2028 postings in the first days of January 2027.3,4,5
  • Sophomore FOCUS: The virtual Sophomore FOCUS program runs Dec 3 and 4, 2026, for students graduating in December 2028 or May 2029. Participants get a guaranteed in-person interview on Jan 14 (2027) for the 2028 Summer Analyst Program. Applications for this cycle closed at 10:00am ET on Nov 9, 2026, so sophomores should look for the next one in early November.2
  • Portal: Each summer analyst role is a posting for one group in one office, such as Chicago Industrials or New York Capital Structure Advisory. Applying to more than one asks you to rank them by interest.1,3,4,5
  • Deadlines: Each posting sets its own deadline, and two groups in the same city have closed two months apart. Review is rolling, from as early as Jan 11 for summer 2027, so a posting can close before its stated date.5,3
  • Who it is for: The summer 2027 postings asked for a bachelor's, master's or equivalent degree in December 2027 or spring 2028, so expect December 2028 or spring 2029 for summer 2028, the same window as this year's Sophomore FOCUS.3,4,2
  • Pay: The summer 2027 postings gave a salary at an annual rate of $110,000. The program runs 10 weeks.3,4,5
  • Next step: A phone screen with a recruiter or banker in most offices. Chicago groups have opened with an emailed written exercise of about 45 minutes, sometimes followed by a phone screen.5,9,7,10

Guggenheim Securities runs its investment banking summer analyst recruiting group by group, and format and difficulty vary by office. The New York Generalist program places full-time hires into a group after about three months.5,12

Check your resume before you apply

Investment Banking Summer Analyst at Guggenheim Securities

Check your resume

Read against the Investment Banking Summer Analyst role at Guggenheim Securities, Investment Banking, the way the first screen reads it.

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What the Guggenheim Securities online application looks like

  1. If you are a sophomore, watch for FOCUS

    Sophomore FOCUS is a two-day virtual program on Dec 3 and 4, 2026, with panels, deal discussions and a banker mentor. It is for second-year students graduating in December 2028 or May 2029 who have shown resilience and excellence under challenging circumstances, and who are authorized to work in the US without sponsorship. Participants get a guaranteed in-person interview on Jan 14 for the 2028 Summer Analyst Program. For summer 2028 the application closed at 10:00am ET on Nov 9, 2026, two months before the main postings, so apply in early November.2,1

  2. Watch for the January postings

    For summer 2027, Guggenheim posted its summer analyst roles in early January 2026 and reviewed applications on a rolling basis from as early as Jan 11. Expect the summer 2028 postings in early January 2027, and apply in the first week a posting goes live.4,3,5

  3. Choose the group and the city

    Postings are titled by group and office: recent cycles included New York Generalist, Capital Structure Advisory (Restructuring), Leveraged Finance and Debt Advisory, Equity Capital Markets and Private Capital Advisory, Chicago Industrials, Boston Technology, Houston Energy and Power, and Los Angeles Aerospace and Defense, and Atlanta and Richmond groups have run processes too. If you apply to more than one, you rank them by interest, so lead with the group you can explain best.5,3,4,6,9

  4. Straight after you apply

    Most offices start with a phone screen of 10 to 30 minutes with a recruiter, associate or managing director; a Richmond healthcare process opened with a 20-minute HR screen that mixed technical and behavioral questions. Chicago groups have sent an email invitation to a written exercise: about 45 minutes to write an email to a fictional client.5,9,7,6

What the application asks

Workday profile Required
One profile for every group posting you apply to.
Resume Required
What the group and the phone screen read first.
Role ranking If you apply to several
Rank your groups and offices in order of interest.
Cover letter, transcript Check the form
The postings name neither. Treat a cover letter as optional and have a transcript ready in case the form asks.
FOCUS application Sophomores
A separate posting in the fall; for summer 2028 it closed at 10:00am ET on Nov 9, 2026.

The ranking and the FOCUS posting come from the firm and Aced; the rest is our best reading of what applicants have seen. Check each field when you open the form.2,3,5

Guggenheim Securities resume checklist

  • One page, saved as a PDF.
  • Education first while you are a student: school, degree written out, graduation month and year.
  • GPA as 3.71/4.00; add a major GPA if it is higher.
  • Experience newest first, every bullet starting with a verb and saying what came of it.
  • Modeling, DCF and multiples work by name only where you did it and can walk through it.
  • One deal you followed or worked on that you could talk about for two minutes.
  • Excel, PowerPoint and Word in your skills line; FactSet or Bloomberg if you have used them.
  • Leadership roles over memberships: what you ran, led or built.
  • For a Chicago group, a writing sample in your head: short, clear client prose is tested there.

What to put on it

Your resume is what each group reads first, and the phone screen opens on it: tell me about yourself, a recent deal and why this group. For students the order is Education first, then work and leadership experience, then skills, activities and interests. The examples below are Intervyo rewrites of common resume lines, not questions from the form.8,11

  • Education: School, degree, graduation month and year, and GPA. First on the page while you are a student.
  • Work experience: Internships and jobs, newest first, with bullets on what you did and what came of it.
  • Leadership: Clubs, teams and roles where you ran something, not only memberships.
  • Skills, activities and interests: Excel, PowerPoint, FactSet or Bloomberg, languages and a few real interests.

Example questions and how to answer them

Experience bullet"Rewrite this bullet: "Interned at a corporate development team and did research.""4,3,11
  1. 1Start with a verb for what you did yourself: built, screened, wrote, presented.
  2. 2Name the work: target screens, a valuation, a market map.
  3. 3Add scale in numbers: the companies, the deal size, the team.
  4. 4End with what happened: the decision, the meeting, the deal.

Tip: The postings list financial modeling, DCF and multiples valuation, and company and industry research among the job. Say which of these you have done, and only what you can defend in a phone screen.

Example answer, written by Intervyo (not a real candidate)

Screened 40 acquisition targets and built a comparable companies analysis for a $300M industrial software add-on in a 6-person corporate development team; presented the top 5 to the VP of Strategy, and 2 moved to first meetings.

Education line"Rewrite this education line: "Indiana Kelley, Finance, 3.7, 2029""2,3,11
  1. 1University and location on the first line.
  2. 2Degree written out, with the expected graduation month and year.
  3. 3GPA to two decimals with the scale.
  4. 4An optional line for relevant coursework or honors.

Tip: Summer 2028 analysts will mostly graduate in December 2028 or spring 2029. The posting copies name no GPA minimum; give it anyway, because a missing GPA reads as a low one.

Example answer, written by Intervyo (not a real candidate)

Indiana University, Kelley School of Business, Bloomington, IN Bachelor of Science in Business, Major in Finance, expected May 2029. GPA: 3.71/4.00 Relevant coursework: Corporate Finance, Intermediate Accounting, Business Analytics

Leadership and activities"Rewrite this activity: "Member, Investment Banking Club.""8,11
  1. 1Lead with a role and the size of what you ran.
  2. 2Say what you did, not what the club did.
  3. 3Give one number for scale.
  4. 4Show a result your work led to.

Tip: Guggenheim phone screens ask about a recent deal you followed. A club role where you tracked or pitched deals gives you one ready to talk about.

Example answer, written by Intervyo (not a real candidate)

Deal team lead, Investment Banking Club (80 members): ran a 5-person team writing weekly M&A recaps, led a sell-side case on a $1.2B packaging company, and organized 3 alumni panels with 150 attendees.

From resume to phone screen"Tell me about yourself."8
  1. 1Open with where you are now: school, major and year.
  2. 2Take 2 or 3 entries from your resume in order, one sentence each.
  3. 3Link each step to the next, so the story builds toward the group.
  4. 4Close on why this group and this city at Guggenheim.

Tip: This opened a Chicago Industrials phone screen with an associate in January 2026, followed by why industrials and why Chicago. Have a separate reason for the sector and for the office.

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How long to hear back after the online application

Review is rolling and starts within days of the postings going up. Expect a phone screen or, in Chicago, a written exercise first; after the written exercise, a superday invite has come within about a week.4,3,5

  1. Jan 2025 (summer 2026)

    Chicago groups

    Writing assessment invitations went out by email; in Chicago private equity advisory (PEAG), the superday was the next step after the written case.6

  2. Jan 2025 (summer 2026)

    Investment banking, Chicago

    An email test responding to a scenario, then an in-person superday with a reception the night before.10

  3. Jan to Feb 2025 (summer 2026)

    New York

    A 30-minute behavioral first round on Zoom, then a superday in the New York office the following week; New York M&A ran later in February.6

  4. Jan 2026 (summer 2027)

    Healthcare, Richmond

    A 20-minute HR screen with technical and behavioral questions; the process took under a month.9

  5. Jan 2026 (summer 2027)

    Industrials, Chicago

    A phone screen with an associate in the group; under a month from start to finish.8

Students in the Sophomore FOCUS program skip this wait: their in-person interview is set for Jan 14 (summer 2028).2

Best guessExpect first contact within one to three weeks of applying in January. If a Chicago written exercise arrives, the superday decision tends to follow within about a week.

What happens after the online application

  1. Online applicationYou are here

    This page. Resume on Workday, one posting per group and office, ranked if you apply to several.1,5

  2. Written assessment (Chicago, some groups)

    An emailed exercise of about 45 minutes: write an email to a fictional client. In Chicago it has led straight to a superday.5,7,6,10

  3. Phone screen or first round

    A 10- to 30-minute phone screen with a recruiter or banker, or a 30-minute Zoom first round: tell me about yourself, a recent deal, why the group and the office, and basic accounting.5,8,9,6

  4. Second round (some groups)

    Restructuring and some other groups have run a second and even a third round before the superday; Atlanta ran a phone call and then a two-on-one Zoom.6

  5. Superday

    Three to five back-to-back 30-minute one-on-ones, mostly behavioral; Chicago adds a deal presentation and a reception the night before.5,10

Sophomore FOCUS vs the main application

Both lead to the 2028 Summer Analyst Program; FOCUS opens earlier and guarantees an interview.

When

Sophomore FOCUS

For summer 2028, applications closed at 10:00am ET on Nov 9, 2026, and the program runs Dec 3 and 4, 2026.2

Summer analyst posting

Expect early January 2027, going by early January 2026 for summer 2027.3,4,5

Who

Sophomore FOCUS

Second-year students graduating December 2028 or May 2029 who have shown resilience under challenging circumstances.2

Summer analyst posting

Students on track for a degree one year after the summer, December or spring.3,4

What it leads to

Sophomore FOCUS

A guaranteed in-person interview on Jan 14 for the 2028 Summer Analyst Program, plus a banker mentor.2

Summer analyst posting

A phone screen or, in Chicago, a written exercise, then a superday.5,7

Work authorization

Sophomore FOCUS

Must be authorized to work in the US and not need sponsorship.2

Summer analyst posting

Check the posting for your group.3

2028 summer analyst status

For summer 2027, postings went up in early January 2026 with review from as early as Jan 11. For summer 2026, interviews ran from January into March. Expect the summer 2028 postings in early January 2027, with FOCUS interviews on Jan 14.4,3,6,2

FAQ

When do Guggenheim Securities 2028 summer analyst applications open?

For summer 2027, the group postings went up in early January 2026 and review started as early as Jan 11, so expect summer 2028 postings in early January 2027. Sophomore FOCUS runs earlier: for summer 2028 its application closed at 10:00am ET on Nov 9, 2026.3,4,5,2

What is the Guggenheim Sophomore FOCUS program?

A two-day virtual program on Dec 3 and 4, 2026, for second-year students graduating in December 2028 or May 2029 who have shown resilience and excellence under challenging circumstances. Participants are paired with a banker mentor and get a guaranteed in-person interview on Jan 14 for the 2028 Summer Analyst Program.2,1

Does Guggenheim Securities have an online test?

In some Chicago groups, yes: a written exercise. An email invitation comes, then you have about 45 minutes to write an email to a fictional client. Other offices start with a live phone screen.5,7,6,10

Does Guggenheim Securities use HireVue?

No. Guggenheim Securities does not use HireVue or a pre-recorded video for its summer analyst process: every screening step is a live conversation or a written exercise, such as a phone screen, a Zoom first round or, in Chicago, a written exercise. Prepare by practicing out loud and writing to a timer.5,9,8,6

Can you apply to more than one group at Guggenheim?

Yes. Each group and office has its own posting, and if you apply to several you rank them in order of interest. Each group runs its own process, so your reasons have to fit the group you rank first.5,3

Does Guggenheim ask for a cover letter?

Treat it as optional. The summer 2027 postings named no cover letter or transcript. Put the effort into your resume and one deal you can discuss.3,4,8

How much does a Guggenheim Securities summer analyst make?

The summer 2027 postings gave a salary at an annual rate of $110,000, and the program runs 10 weeks.3,4,5

Online application at other firms

Sources

Firm pages first, then dated candidate reports. Last checked Nov 5, 2026.

  1. 1Guggenheim Securities: Careers
  2. 2Guggenheim Partners (Workday): Guggenheim Securities Investment Banking Sophomore FOCUS Program
  3. 3Handshake: Applications will be reviewed on a rolling basis and as early as 1/11: 2027 Guggenheim Securities IB Summer Analyst, New York: CSA
  4. 4Jobright: 2027 Guggenheim Securities Investment Banking Summer Analyst, Chicago Industrials (posting copy) · prep site
  5. 5Aced: Guggenheim Securities Investment Banking Summer Analyst Interview Guide · prep site
  6. 6Candidate discussion on a public forum: Guggenheim SA 2026 (from Jan 2025)
  7. 7Candidate discussion on a public forum: Guggenheim Chicago 45 Minute Writing Assessment SA25
  8. 8Candidate report on a public forum: Summer Analyst interview, Investment Banking, Chicago (Jan 2026)
  9. 9Candidate report on a public forum: Investment Banking Summer Analyst interview, Healthcare, Glen Allen (Jan 2026)
  10. 10Candidate report on a public forum: Summer Analyst interview, Investment Banking, Chicago (Jan 2025)
  11. 11Mergers & Inquisitions: The Ideal Investment Banking Resume Template To Land Interviews & Job Offers · prep site
  12. 12Candidate report on a public forum: Summer Analyst interview, Generalist, New York (May 2024)

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