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 business/accounting/finance program graduating in December 2026 or Spring 2027
  • Strong interest in finance and banking.
Salary Range:

$85, 000 - $100, 000

Position description

Investment Banking Overview:

The IB Summer Analyst program is designed for candidates between their third and fourth year of an undergraduate degree. The Program provides participants a practical experience in a dynamic capital markets environment. Summer analysts are assigned to a specific Investment Banking product or industry group from May to August. In addition to this on-the-job experience, analysts will participate in a one-week training and orientation program. Throughout the summer, the program includes the opportunity to network with bankers across all levels as well as learn about the culture of BMO Capital Markets, participate in learning and development sessions, and obtain career guidance from dedicated mentors. The program is considered an initial interviewing step for the BMO Capital Markets full time Investment Banking program.

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, Montreal, Calgary & Vancouver
  • 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:

As an Investment Banking Summer Analyst at BMO Capital Markets, you will gain valuable exposure to a wide variety of industries and work with several financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory.  Specific responsibilities include:

  • Conducting industry and company research and analysis
  • Developing client presentations
  • Writing internal and external marketing memoranda
  • Running valuation analysis, financial analysis and completing complex modeling exercises
  • Performing other tasks supporting client relationships and business development

Qualifications:

BMO Capital Markets offers a practical, hands-on experience in a dynamic investment banking environment. We are looking for highly motivated, ambitious and mature individuals:

  • Currently enrolled in an undergraduate business/accounting/finance program graduating in December 2026 or Spring 2027
  • Strong interest in finance and banking.
  • Outstanding academic achievement, leadership experience and peer recognition
  • Demonstrated leadership in extracurricular activities.
  • Strong financial analysis and modeling skills.
  • Proficient in Word/Excel/PowerPoint.
  • Strong communication skills both written and verbal.
  • Detail oriented.
  • Highly motivated, fast learning and able to work with limited supervision and adapt to frequent market, systems, and process changes.
  • Knowledgeable in the principles of finance and the financial markets. Comfortable working in a fast-paced environment.
  • 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
BMO Capital Markets Summer 2026 Scholarship: Investment Banking
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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)