Summer Analyst, Investment Banking, BDO Capital Advisors - Summer 2027 (Richmond)

BDO USA, LLP; Richmond (VA); On-site; USD 80,231,000 - 91,693,000; Full time

Job summary

BDO USA, LLP's BDO Capital Advisors (BCA) Internship offers hands-on experience in transaction services for finance or accounting students. Under supervision, interns build financial models, assist with pitch books, and learn the M&A process.

Based in Virginia, the internship exposes you to sellside and buyside advisory, private placements, and deal research across industries. It helps develop deal execution skills and professional relationships.

Qualifications

• Enrolled in Bachelor’s or Master’s program with finance or accounting focus.
• Junior year completed is preferred.
• Strong written and verbal communication skills.

Responsibilities

• Constructs financial models and valuation analyses.
• Assists in creating pitch books, offering memoranda, and client materials.
• Conducts data and industry research to support deals.
• Contributes to deal sourcing and internal memos.

Skills

Leadership experience

Microsoft Office

Communication skills

Team player

Willingness to learn

Education

Finance or Accounting focus

Junior year completed

Tools

Microsoft Word

Microsoft Excel

PowerPoint

Job description

Job Summary:

BDO is a place for energetic self-starters who think and act like entrepreneurs. The BDO Capital Advisors (BCA) Intern will be responsible for utilizing their educational background and organizational skills to complete a broad range of analytical and operational tasks under the supervision of more experienced BCA professionals to support the firm's extensive transaction-related services. In this role, the BCA Intern will gain a deeper understanding of the financials and operations of companies across industries. Additionally, the BCA intern will develop an understanding of the M&A deal process, including sellside M&A advisory, buyside engagements and private placements. This BCA internship will enable the candidate to develop the skills and relationships necessary to launch a career in the field of investment banking.

BDO Capital Advisors, a wholly‑owned affiliate of BDO USA, P.C., is a leading middle market investment bank that focuses on sellside advisory, acquisition advisory, capital raising and board advisory services. The firm has deep industry knowledge, extensive cross‑border transaction experience and best‑in‑class deal execution capabilities. BDO's investment bankers have collectively executed hundreds of transactions for clients including family‑owned and entrepreneur‑led companies, public corporations and leading private equity firms. BCA professionals leverage the full depth and breadth of BDO USA's resources and sourcing network, which includes 75+ offices and over 12,000 professionals across the United States. BCA is a FINRA/SIPC member firm.

The BCA team specializes in providing sellside M&A advisory services to middle market clients with enterprise values between $25 million and $500 million. The firm has broad industry expertise having closed transactions across industries including the Manufacturing & Distribution, Consumer, Food & Retail, Healthcare & Life Sciences, Business Services, Energy & Natural Resources and Technology, Media & Telecom sectors.

BCA has reach with international buyers and insight into global M&A trends via the BDO International network, which has consistently ranked as a Top 10 global M&A middle market advisor by total deal volume. BDO International Corporate Finance operates in approximately 100 countries with over 2,000 professionals who provide investment banking services for clients across the globe.

Job Duties:

• Constructs financial models focusing on transaction valuation work through comparable company analysis, precedent transaction analysis, discounted cash flow analysis and other industry metrics
• Assists in the development and composition of appropriate written documentation including tailored pitch books, offering memoranda, company marketing collateral, management presentations, valuation reports, and other transaction materials
• Conducts quantitative and qualitative data and industry data analysis
• Contributes to deal sourcing efforts by researching new and prospective clients as well as their respective industries to help compile pitch books and/or internal memos
• Other duties as required

Supervisory Responsibilities:

• N/A

Qualifications, Knowledge, Skills and Abilities:

Education:

• Enrolled in a Bachelor's or Master's program, required; focus in Finance or Accounting, preferred
• Completion of junior year of Bachelor's, preferred

Experience:

• Leadership experience, preferred

Software:

• Proficient in Microsoft Office Suite, specifically Word, Excel, and PowerPoint, required

Other Knowledge, Skills & Abilities:

• Strong written and verbal communication skills
• Ability to follow instructions as directed
• Ability to work effectively in a team setting
• Positive attitude and willingness to learn
• Seeks advice of appropriate superiors regarding issues related to compliance
• Understanding of basic accounting and valuation methodologies

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

California Range: $28/hr - $32/hr
NYC/Long Island/Westchester Range: $28/hr - $32/hr
Virginia Range: $28.00/hr - $32.00/hr

At BDO, how we show up matters. We build strong relationships by supporting one another, our clients, and our communities with care, curiosity, and a commitment to helping one another grow and succeed. Here, you'll find meaningful work, leaders invested in your success, and opportunities to build a career around what matters most to you.

Our purpose is to be the people our clients count on to grow with confidence and achieve what matters most. Our values guide how we bring that purpose to life each day. Together, they shape how we work with one another, serve our clients, and create meaningful impact.

BDO provides assurance, tax, and advisory services to clients across the U.S. and around the world. No matter your role, you'll be part of a team helping clients navigate complexity and move forward with clarity.

We are proud to be an ESOP company, offering participants a stake in the firm's success through beneficial ownership and a unique opportunity to enhance their financial well‑being. As a qualified retirement plan, the ESOP is a meaningful addition to our comprehensive compensation and Total Rewards benefits* offerings. It also reinforces an ownership mindset that strengthens our connection to one another, our clients, and the future we're building together.

Learn more about our benefits: BDO Total Rewards encompass more than traditional benefits.

*Benefits may be subject to eligibility requirements.

Equal Opportunity Employer, including disability/vets