BMO Capital Markets

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,700 professionals in 33 locations around the world, including 20 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$989 billion total assets and approximately 54,000 employees as of January 31, 2024.

Experience:

Entry-levelStudent Internships

Education Required:
  • Currently enrolled in an undergraduate program with a graduation date of December 2026 or Spring 2027
  • Currently working towards a degree in: Finance, Business, Computer Science, Engineering, Actuarial Science, Mathematics, or Statistics;
Salary Range:

$85, 000 - $100, 000

Position description

Global Markets Overview:

Summer Analysts work in the Global Markets Group of BMO Capital Markets, comprising Client Coverage, Origination, Digital and Liquid Trading, Structured Products Trading, Equity Products, and Financial Resource Management. Global Markets serves institutional, corporate, and government clients.

A variety of desks host Summer Analysts including Equity Sales & Trading, Equity Structured Solutions, Prime Finance, Research, Rates Sales & Trading, Origination, Quantitative Modeling.

Summer interns will work on one desk in Global Markets over a 15-week period. Interns will be provided with desk job descriptions prior to starting and will be placed based on preference, business need and skill set. Each intern will complete one week of onboarding and training with other interns across BMO Capital Markets. There are continuous professional development activities throughout the summer. These activities include teach-ins, lunch & learns, meetings with senior leaders, and networking events with both peers and Senior Leadership.

BMO Capital Markets

BMO Capital Markets is a leading, full-service North American-based financial services provider offering equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading. BMO Capital Markets has over 2,700 professionals in 33 locations around the world, including 20 offices in North America.

BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), one of the largest diversified financial services providers in North America with US$989 billion total assets and approximately 54,000 employees as of January 31, 2024.

The Scholarship:

We are committed to providing undergraduate students with opportunities to learn, grow and contribute to our diverse and inclusive culture. BMO’s Zero Barriers to Inclusion 2025 is a multi-year strategy focusing on providing access and opportunities both inside and outside the bank.

Driven by our Purpose to Boldly Grow the Good in business and life, we are removing barriers and building an inclusive society. This scholarship rewards exceptional undergraduate students who are interested in pursuing a career in Capital Markets.

Scholarship recipients receive an offer of paid employment for a 2026 Summer Analyst intern position at BMO Capital Markets in Toronto
Recipients will be paired with a Capital Markets professional to provide coaching and mentorship throughout their internship
Students receive formal and on-the-job training, opportunities to network and collaborate with other student interns, and access to ongoing professional development throughout their internship
Successful recipients of a $10,000.00 (CAD) scholarship award will receive their award via payment to their school’s financial aid office, to be applied to their tuition

What roles are available?

Investment Banking Summer Analyst
Corporate Banking Summer Analyst
Global Markets Summer Analyst
What’s in it for you?

  • Summer Analysts start the internship by completing a one-week training and orientation program
  • From May to August, in addition to on-the-job experience in your assigned business group, you will participate in professional development sessions and events throughout the summer
  • Beyond the on-the-job experience, you will have opportunities to network across various business groups, learn about BMO Capital Markets culture, participate in learning seminars, get feedback, and receive coaching and career guidance from mentors while broadening your skills
  • Upon successful completion of this internship, you may receive a full-time offer from BMO Capital Markets

Eligibility criteria:

  • You are a student at an accredited Canadian Post Secondary Institution/University, currently enrolled in an undergraduate program with a graduation date of December 2026 or Spring 2027
  • You self-identify with the following: Women, Black community, Indigenous (First Nations, Inuit, Métis) persons of Canada, People of Colour, 2SLGBTQ+ community and Persons with Disabilities
  • You are available to work full-time from May-August 2026
  • You have a proven track record of excellent academic standing, extra curricular participation and demonstrated interest in finance
  • You are involved in diverse extra-curricular activities and community organizations
  • You are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future
  • You are not already receiving 100% tuition coverage from other sources and must have a current unmet need of $10,000 CAD or more
Required skills / Experience

Responsibilities:

  • Summer interns are fully integrated into an assigned desk. Responsibilities will vary widely from day to day based on the needs of the business and the current market environment.

Depending on the assigned desk, intern skill set, and business needs, responsibilities may include:

  • Development and deployment of business solutions such as pricing and risk models
  • Market data capture and display, spreadsheet development
  • Providing insight into trading strategies leveraging quantitative modelling
  • Improving on existing technology involving system infrastructure, internal reporting, client/management presentations, etc.
  • Bespoke projects requiring market, portfolio, or client research and data analytics
  • Creating client presentation materials using PowerPoint and Excel
  • Developing client trade ideas
  • Planning client events
  • Recapping and organizing market data and events
  • Shadowing and learning from Trading, Sales, and Strategy professionals

Qualifications:

  • We are looking for highly motivated individuals who can work well in a competitive, market-driven, team-based environment and seek a challenge. Global Markets encompasses a diverse group of individuals with a variety of skill sets and job functions. We look to create a diverse intern class that can fit into different roles across Global Markets.

Required Qualifications:

  • Currently enrolled in an undergraduate program with a graduation date of December 2026 or Spring 2027
  • Currently working towards a degree in: Finance, Business, Computer Science, Engineering, Actuarial Science, Mathematics, or Statistics;
  • Proven track record of excellent academic standing and extra curricular participation
  • Demonstrated interest in and knowledge of financial markets;
  • Excellent research and analytical skills, able to collect, analyze and interpret data;
  • Strong interpersonal skills used within a demanding team environment;
  • Demonstrated proactivity, resiliency, positive attitude and high motivation;
  • Strong written and oral communication skills;
  • Ability to attentively review, assess and provide detailed information daily on multiple projects in an organized manner;
  • Excellent capacity to independently function as part of a team through self -motivation;
  • Strong work ethic and a high level of professional integrity; Detail and results orientated.
  • You are a Canadian citizen, permanent resident of Canada, or an individual who is legally authorized to work in Canada and will not require sponsorship in the future.

Additional Preferred Technical Qualifications:

  • Knowledge and/or experience of front-end developer languages (HTML, CSS, JavaScript, React, Angular);
  • Knowledge and/or experience in back end developer languages (C++, C#, Java, Python, VBA);
  • Knowledge and/or experience of at least one type of statistical programming language (i.e. R, MatLab);
  • Database experience (SQL, Oracle);
  • Familiarity with data manipulation and strong quantitative/statistical background;
  • Understanding of mathematical models;
  • Fluency in Excel, including scripting and efficient spreadsheet design;
  • Strong technical writing ability.
BMO Capital Markets Summer 2026 Scholarship: Global Markets
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How to Apply

Please apply online by the link below.

Application requirements:

Please submit the following items as a single PDF file and submit under the Resume section of the online application.

One-page resume
Unofficial Transcript
Cover Letter (Optional)