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Sophomore Banking Internship Jobs (NOW HIRING)

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How much do sophomore banking internship jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for sophomore banking internship in the United States is $15.54, according to ZipRecruiter salary data. Most workers in this role earn between $12.50 and $17.55 per hour, depending on experience, location, and employer.

What is a sophomore banking internship?

A Sophomore Banking Internship is a paid or unpaid work experience program specifically designed for college students in their second year (sophomores) who are interested in a career in banking or finance. These internships typically take place during the summer and provide students with hands-on exposure to the financial industry, allowing them to develop practical skills, network with professionals, and learn about various banking roles. They often serve as a pipeline for future full-time jobs or junior-year internships at major financial institutions.

What types of projects or tasks can I expect to work on during a sophomore banking internship?

During a Sophomore Banking Internship, interns typically support analysts and associates with tasks such as financial modeling, market research, preparing presentations, and analyzing client data. You may also participate in team meetings, assist with due diligence for ongoing deals, and observe client interactions. The work is fast-paced and collaborative, giving you a broad overview of the banking industry and the opportunity to develop skills in financial analysis and communication.

What are the key skills and qualifications needed to thrive as a sophomore banking intern, and why are they important?

To excel as a Sophomore Banking Intern, you need foundational knowledge in finance or accounting, analytical ability, and progress toward a relevant bachelor's degree. Familiarity with Microsoft Excel, financial modeling tools, and data analysis platforms is often expected. Strong communication, attention to detail, and eagerness to learn set candidates apart in this competitive role. These skills are crucial for effectively supporting banking teams, handling financial data, and maximizing the internship experience for future career growth.

What is the difference between Sophomore Banking Internship vs Junior Banking Analyst?

AspectSophomore Banking InternshipJunior Banking Analyst
Required CredentialsHigh school or early college, no certifications neededUndergraduate degree, some finance coursework
Work EnvironmentTemporary, internship setting, training-focusedFull-time, professional office environment
Employer & Industry UsageInternships offered by banks for early studentsEntry-level position in banking firms

The Sophomore Banking Internship is a temporary, training-focused role for early college students, providing exposure to banking operations. In contrast, a Junior Banking Analyst is a full-time, entry-level professional position requiring some college coursework. Internships are often used as a stepping stone, while Junior Analysts handle more responsibilities and work independently within the banking industry.

More about Sophomore Banking Internship jobs

What cities are hiring for Sophomore Banking Internship jobs?

Cities with the most Sophomore Banking Internship job openings:

What states have the most Sophomore Banking Internship jobs?

States with the most job openings for Sophomore Banking Internship jobs include:

Infographic showing various Sophomore Banking Internship job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $32,333 per year, or $15.5 per hour.

2026 Sophomore Job Shadow Program

Lincoln International

Chicago, IL โ€ข On-site

$15.50 - $20.50/hr

Full-time

Posted 6 days ago


Job description

Sophomore Job Shadow Program:

Lincoln International invites high-performing, motivated undergraduate sophomores interested in learning more about Investment Banking to apply for our Sophomore Job Shadow Program.

We have designed a one-day program that will expose undergraduate students to the various opportunities available to them through a career in investment banking. The workshop offers the below opportunities, and we look forward to reviewing your qualifications! This program will serve as an event relevant to the 2028 summer internship recruiting cycle, so it will be a great opportunity to continue the conversation for junior year internships

  • Lincoln's Sophomore Job Shadow Program is a one day program, which will take place on Friday, November 20th, 2026 at Lincoln's Chicago Office
  • Participants will gain exposure to 3 main areas:
    • Overview of Lincoln and the sell-side M&A process
    • Insight into the responsibilities of an investment banking analyst
    • Networking with Lincoln bankers of various levels
  • Application Deadline: Friday, October 30th, 2026

Desired Skills and Experience:

  • Current Sophomores in college
  • Preferred Finance, Accounting or Business major
  • Minimum GPA of 3.5
  • Strong verbal and written communication skills
  • Assertive, self-motivated and desire to succeed in a fast-paced, entrepreneurial environment

Additional Information:

Lincoln International is not currently hiring individuals for this workshop who now or in the future require sponsorship for employment visa status.