What Is A Summer Analyst (SA)?

A summer analyst or SA is someone undertaking an internship within a bank, usually for 3 months over the summer after the junior year. A summer analyst typically does work similar to that of a full time analyst, although with a lot more 'grunt' work (i.e. fetching coffee, moving documents between departments etc.).

The main way for graduates to get work in an investment bank is through having completed an internship as a summer analyst with the bank, and then being made an offer to return full time when they have completed university.

Summer analysts have to work the same hours as normal analysts (80-100 hours a week) and are paid the same amount on a pro-rata rate (~$70k per year) but with no bonus.

Related Terms

Return to Finance Dictionary

Start Discussion

Total Avg Compensation

January 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (141) $232
  • 2nd Year Analyst (88) $152
  • 3rd+ Year Analyst (19) $150
  • Intern/Summer Associate (90) $144
  • 1st Year Analyst (349) $132
  • Intern/Summer Analyst (299) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.7
6
frgna's picture
frgna
97.6
7
Edifice's picture
Edifice
97.5
8
NuckFuts's picture
NuckFuts
97.5
9
Addinator's picture
Addinator
97.5
10
bolo up's picture
bolo up
97.5