Jefferies 2028 application guide

For
2028 summer analysts
Sources
12 cited

Applying to Jefferies for summer 2028? You get one application in the whole cycle, so check your resume against a Jefferies-style screen below, then read when the group postings open and how to pick the right one.

A student in a gray flannel shirt in a wooden booth at a quiet diner near campus on a November morning, a laptop angled away from view, a printed one-page resume and a mug of coffee on the table.
Jefferies posted its summer 2028 investment banking summer analyst roles group by group on Nov 1 and 2, 2026, and each applicant gets one application per recruiting cycle.

Key facts

  • When it opens: For summer 2028, Jefferies published its US investment banking summer analyst postings on Nov 1 and 2, 2026. For summer 2027, they went up after Dec 6 and were live by Dec 16, 2025.2,4,5
  • How many to apply to: You get one application per recruiting cycle. It cannot be transferred to another posting once submitted, and withdrawing it does not let you apply to another role in the same cycle.1
  • Portal: Every posting is a group in an office on Jefferies' Campus Opportunities job board: the New York Generalist program, New York groups such as M&A Strategic Advisory, Financial Institutions and Equity Capital Markets, and groups in Boston, Chicago, Charlotte, Houston, Dallas and San Francisco.1,2
  • Who it is for: For summer 2028, students completing the junior year of a four-year bachelor's degree who graduate between December 2028 and June 2029. Jefferies hires from a variety of disciplines.1,3
  • The internship: A 10-week program with orientation and training, work on pitches and live deals, and formal performance reviews. The salary is $110,000, pro-rated for the 10 weeks.1
  • Next step: Two online tests sent by email, then usually a phone screen or first round, such as a first round planned as a 2-on-1, one interviewer on behaviorals and one on technicals (New York, Feb 2025, summer 2026). Diversity and Insight candidates have gone straight to final rounds.12,7,8,9

Jefferies programs on the tracker

Live from the Intervyo tracker, so the dates update as Jefferies posts them.

2028 Summer Analyst Program
Opens Nov 1
Open
2028 Sophomore Insight Program
Dates not announced yet
2028 Full-Time Analyst Program
Dates not announced yet
Get an email the day Jefferies opens

Because you get one application per cycle, the group and office you pick is the biggest decision on the form. Review all the postings first; the New York Generalist program places you across more than 20 industry groups, while every other posting is one group.1,2

Check your resume before you apply

Summer Analyst at Jefferies

Check your resume

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

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What the Jefferies online application looks like

  1. Read every posting before you pick one

    Jefferies posts each group and office on its own: for summer 2028 that is more than 20 US postings, from the New York Generalist program to Charlotte Aerospace, Defense & Government, Houston Energy Transition and San Francisco Technology, Media & Telecom. You get one application per recruiting cycle, so Jefferies asks you to review all the roles before you submit.1,2

  2. Choose between Generalist and a group

    The New York Generalist program gives exposure across products, from equity and debt financing to M&A and restructuring, and industry groups from Aerospace & Defense to Transportation & Logistics. A group posting puts you in that team from the start. Pick the one you can explain in a "why Jefferies, why this group" answer.1

  3. Fill in the form

    The application runs on Jefferies' Campus Opportunities job board. Check the graduation window on the posting first (December 2028 to June 2029 for summer 2028); it is a hard requirement. Once you submit, the application cannot be moved to another posting.1

  4. Apply early

    The postings print no deadline and close group by group. For summer 2027, they went up in mid-December 2025, and a month later, on Jan 16, 2026, seven US and Canada investment banking postings were still open on the board while others had closed.4,5,6

  5. After you submit

    Jefferies first sends two online tests by email and cannot review your application until they are done. For summer 2027, San Francisco Technology first rounds went out on Jan 8, 2026 and the diversity program's final rounds ran the week after, with regular first rounds expected a couple of weeks later. Some applicants were invited straight to a superday; others had a phone screen or first round first.12,7,8

What the form asks

Job board account Required
Created on Jefferies' Campus Opportunities job board when you apply; one application per recruiting cycle.
Posting choice Required
One group in one office, or the New York Generalist program. It cannot be transferred after you submit.
Resume Required
What the first-round interviewers read and ask about.
Graduation date Required
December 2028 to June 2029 for summer 2028.
Cover letter, transcript Check the form
Treat a cover letter as optional and have a transcript ready in case the form asks.

The one-application rule, the posting choice and the graduation window come from the postings; the rest is our best reading. Check each field when you open the form.1

Jefferies resume checklist

  • One page, saved as a PDF.
  • Education first while you are a student: school, degree written out, expected graduation month and year inside December 2028 to June 2029.
  • Cumulative GPA as 3.81/4.00; add a major GPA if it is higher.
  • Experience newest first, each bullet starting with a verb and naming the analysis you did.
  • Numbers on every line you can: companies, dollars, pages, people.
  • A line that ties you to the group you are applying to: a course, a project, a club role or an internship in that industry.
  • Leadership roles over memberships.
  • Only deals and models you can talk through in a first round with technicals.
  • Skills and interests last, with interests you could talk about for a minute.

What to put on it

Your resume carries the application, and the first round opens on it: tell me about yourself, why investment banking, why Jefferies. While you are a student, Education goes first. The examples below are Intervyo rewrites of common resume lines, not questions from the form.9,11

  • Education: School, degree, expected graduation month and year, and GPA. First on the page while you are a student.
  • Experience: Internships and jobs, newest first, with bullets that say what you did and what came of it.
  • Leadership and activities: Clubs and teams where you ran something, not only memberships.
  • Skills and interests: Software, languages and a few real interests, last on the page.

Example questions and how to answer them

Experience bullet"Rewrite this bullet: "Worked on a pitch deck for a client.""1,10
  1. 1Start with a verb for what you did yourself: built, ran, drafted.
  2. 2Name the analysis: a DCF, a comps table, a buyer list.
  3. 3Add scale in numbers: the company, the deal, the pages you owned.
  4. 4End with what happened next.

Tip: Jefferies summer analysts run valuation, DCF and multiples-based analyses and prepare pitchbooks and live deal materials, so name the analysis you did inside the deck.

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

Written by Intervyo as an example. Built a 22-company trading comps table and a precedent transactions screen for a pitch to a $600M industrial distributor at a boutique advisory firm; drafted 6 of the 30 pages, and the client hired the firm for its sale process.

Education line"Rewrite this education line: "Emory, Econ, 3.8, 2029""1,10,11
  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, always included.
  4. 4An optional line for relevant coursework or honors.

Tip: Jefferies requires graduation between December 2028 and June 2029 for summer 2028, and looks for a strong academic background without naming a GPA figure. Give your cumulative GPA, and a major GPA if it is higher.

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

Emory University, Atlanta, GA Bachelor of Arts in Economics, minor in Mathematics, expected May 2029. GPA: 3.81/4.00 Relevant coursework: Corporate Finance, Financial Accounting, Econometrics

Leadership and activities"Rewrite this activity: "Member, Finance Club.""1,10
  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: Jefferies wants people who can multitask and work both independently and in a team. A role where you ran something shows both.

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

Written by Intervyo as an example. Vice President, Finance Club (150 members): ran a 10-week technical training course for 40 sophomores, taught the DCF and LBO sessions, and set up 12 alumni coffee chats with bankers.

From resume to first round"Why Jefferies?"7,1
  1. 1Start with the platform: a growing, independent yet full-service bank.
  2. 2Add the experience: lean deal teams and early responsibility.
  3. 3Make it yours: the group you applied to and a deal or person behind it.
  4. 4Link it to a line on your resume.

Tip: Every bank asks it, but Jefferies has pushed it harder than most in its interviews. Your one application is for one group, so name it.

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How long to hear back after the online application

Interviews go out in waves: Insight and diversity routes first, then regular first rounds, then superdays, group by group.7,8

  1. Dec 2025 (summer 2027)

    US, several divisions

    The thread opened on Dec 17, 2025 as applications for New York and Houston investment banking, Equity Research, Fixed Income, Sales & Trading and Private Funds Advisory opened.7

  2. Jan 2026 (summer 2027)

    Investment banking, US

    On Dec 18, Insight program interviews were set for mid-January, with regular New York first rounds expected from late January. On Jan 9, the diversity program's final rounds were set for the following week, with regular first rounds a couple of weeks later.7,8

  3. Jan 2026 (summer 2027)

    Investment banking, San Francisco Technology

    First-round invites went out by Jan 8, with valuation and LBO questions expected.8

  4. Jan 2025 (summer 2026)

    Investment banking, New York

    A superday through a diversity program, then one week to accept the offer.9

  5. Feb 2025 (summer 2026)

    Investment banking, New York Generalist

    A first-round invite on a Saturday morning for the following Monday.9

  6. Feb 2026 (summer 2027)

    Investment banking, San Francisco Technology

    A phone interview on fit, a very technical first round, then an in-person superday.9

Best guessExpect nothing until after the new year: last cycle, interviews ran from early January. If late February passes with nothing, assume your group has filled and put your energy into other firms.

What happens after the online application

  1. Online applicationYou are here

    This page. One application per recruiting cycle, to one group posting or the New York Generalist program.1

  2. Online assessment

    Two SHL tests that Jefferies sends after you apply, recommended within 3 days: an untimed situational judgment test, then a 36-minute interactive ability test.12

  3. Phone screen (some groups)

    Some groups open with a short call on fit and background before the first round, as San Francisco Technology did (Feb 2026, summer 2027).9

  4. First round (most candidates)

    A first round with one or two bankers, behavioral and technical. Insight, diversity and some school routes skip straight to a superday.9,8,7

  5. Superday

    Short back-to-back interviews, often 2-on-1: two 20-minute interviews in New York (Jan 2025, summer 2026). Summer 2027 superdays from the Insight route were on Zoom; San Francisco Technology held its superday in person.9,8

Summer 2027 vs summer 2028

Jefferies posted its summer 2028 roles five to six weeks earlier than last cycle. The one-application rule and the group-by-group postings are the same.

Posted

Summer 2027

After Dec 6 and live by Dec 16, 2025.4,5

Summer 2028

Nov 1 and 2, 2026.2

Graduation window

Summer 2027

December 2027 to June 2028.5

Summer 2028

December 2028 to June 2029.1

Still open a month in

Summer 2027

Seven US and Canada investment banking postings on Jan 16, 2026.6

Summer 2028

Expect groups to close one by one from about a month in, going by the last cycle.6

First interviews

Summer 2027

San Francisco Technology first rounds by Jan 8, 2026, diversity final rounds the week after, regular first rounds later in January.7,8

Summer 2028

With postings five to six weeks earlier, expect first interviews from December or January.2,7,8

2028 summer analyst status

After you apply, Jefferies sends two online tests by email and recommends finishing them within 3 days, since it cannot review your application until they are done. The summer analyst processes on record then run to a phone screen or first round and a superday.12,7,8,9

FAQ

When do Jefferies 2028 summer analyst applications open?

Jefferies published its summer 2028 US investment banking summer analyst postings on Nov 1 and 2, 2026. Last cycle, the summer 2027 postings went up after Dec 6 and were live by Dec 16, 2025, so this cycle opened five to six weeks earlier.2,4,5

How many Jefferies programs can you apply to?

One. Candidates are limited to one application per recruiting cycle, the application cannot be transferred to another posting, and withdrawing it does not let you apply elsewhere at Jefferies in the same cycle.1

Should I apply to the Jefferies Generalist program or a group?

The New York Generalist program spans more than 20 industry groups and products from financing to M&A; every other posting is one group in one office. Pick the posting you can explain best in a "why this group" answer, since you only get one.1,2

What GPA do you need for Jefferies?

The postings ask for a strong academic background and give no GPA figure, and Jefferies hires from many majors, from finance and engineering to liberal arts. Put your cumulative GPA on your resume, and a major GPA beside it if that is higher.1,3,10

Does Jefferies ask for a cover letter?

Treat it as optional. The postings set out the program, the graduation window and the one-application rule, so put your effort into the resume and your posting choice.1

Is there a Jefferies online test for summer analysts?

Yes. Jefferies sends two SHL online assessments by email after you apply, an untimed situational judgment test and a 36-minute interactive ability test, and recommends finishing them within 3 days, since it cannot review or progress your application until they are done. Live interviews follow: a phone screen in some groups, a first round and a superday.12,7,8,9

What happens after you submit your Jefferies application?

Interviews go out in waves after the new year. Last cycle, San Francisco Technology first rounds went out by Jan 8, 2026, diversity final rounds ran the week after, and regular first rounds followed later in January; some applicants went straight to a superday.7,8

Sources

Firm pages first, then dated candidate reports. Last checked Nov 4, 2026.

  1. 1Jefferies (job board): 2028 Investment Banking Summer Analyst Program - New York, Generalist
  2. 2Jefferies (job board): Campus Opportunities (job board feed)
  3. 3Jefferies: Students & Graduates
  4. 4Jefferies (job board): Campus Opportunities board, Dec 6, 2025 (Wayback Machine capture)
  5. 5Jefferies (job board): 2027 Investment Banking Summer Analyst Program - Chicago, Industrials Group (Wayback Machine capture, Dec 16, 2025)
  6. 6Jefferies (job board): Campus Opportunities board, Jan 16, 2026 (Wayback Machine capture)
  7. 7Candidate discussion on a public forum: Jeffries SA27 Thread (from Dec 2025)
  8. 8Candidate discussion on a public forum: Jefferies SA '27 (from Jan 2026)
  9. 9Candidate reports on a public forum: Jefferies Interview Questions (2026)
  10. 10Mergers & Inquisitions: The Ideal Investment Banking Resume Template To Land Interviews & Job Offers · prep site
  11. 11Georgetown University Cawley Career Education Center: Resume Content & Formatting · prep site
  12. 12Screens of a Jefferies SHL online assessment: invite email, candidate hub and both tests (collected Sep 2026)

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