Career Overview

At Cowen Group, we have a proud tradition of attracting and retaining the most talented people in the industry. Our professionals are some of the most highly regarded individuals in their chosen disciplines. We are committed to delivering the highest quality services, engendering trust with our clients, encouraging risk taking and rewarding our people for excellence. Importantly, we are large enough to provide substantial support to each of our employees, while still of a size where each member of our team makes an impact on our bottom line.

People are our most important asset, therefore we actively strive to invest in our employees at every stage of their professional development. To attract the industry's most talented women and men, we seek to draw employees with diverse backgrounds and life experiences. Accordingly, we provide both maternity and paternity leave to our employees, while also offering a number of family-friendly benefits program. In addition, our robust benefits program includes professional development opportunities for all employees, including training and tuition reimbursement programs. 

The Investment Banking Division of Cowen recruits on select campuses for Analysts and Associates, and Summer Analysts and Summer Associates.  If we recruit at your school, your Career Services Office will have information about our campus schedule. If we do not visit your campus, you may submit a cover letter and resume to general.resumes@cowen.com

The four Investment Banking Programs are:

Analyst Program

We have opportunities for about ten college graduates in our two to three year analyst program in our New York and San Francisco Investment Banking offices. Strong academic performance, exceptional interpersonal skills, and superior analytical, computer, and communication skills are essential. The firm values individuals who are demonstrated team players and can interact with all levels of the organization.  Successful candidates will exhibit a common sense approach to problem solving and a strong desire to learn, in addition to showing initiative, integrity, and creativity. 

Organization

·    Cowen specializes in value added, high margin investment banking services and products. The product groups include Capital Markets, Mergers and Acquisitions, and Private Equity. The corporate finance groups include Alternative Energy, Consumer, Health Care, Industrials, and Technology. After the initial interview, candidates interview with and are hired directly into a product or corporate finance group.

·    Our analysts can expect a fast-paced, demanding work environment that offers the opportunity to learn and grow professionally. Analysts work in small deal teams on a wide range of transactions. From initial client contact through closing a transaction, our analysts are an integral part of the transaction process: researching, valuing, pricing, marketing, and structuring transactions.

·    The position requires a minimum two-year commitment. Depending on individual performance, many analysts are invited to stay for a third year. Superior performers are often promoted to the associate level at the end of their third year. 

Training

·    The Analyst Training Program, which begins in early July, provides a five-week introduction and orientation to the firm and its capabilities. The curriculum includes coursework in accounting, financial analysis, modeling, valuation, and Excel. The program is thorough, combining the substance of a much larger bank's training program with the personal attention found in a seminar.

 Associate Program

We have opportunities for about five associates in our New York and San Francisco Investment Banking offices. Strong academic performance, exceptional interpersonal skills, and superior analytical, computer, and communication skills are essential. The firm values individuals who are demonstrated team players and can interact with all levels of the organization. Successful candidates will exhibit a common sense approach to problem solving and a strong desire to learn, in addition to showing initiative, integrity, and creativity.

 Organization

·    Cowen specializes in value added, high margin investment banking services and products. The product groups include Capital Markets, Mergers and Acquisitions, and Private Equity. The corporate finance groups include Alternative Energy, Consumer, Health Care, Industrials, and Technology. After the initial interview, candidates interview with and are hired directly into a product or corporate finance group.

·    Upon completing the Associate Training Program, first-year associates join their group. Associates work directly with senior bankers on a range of domestic and cross border transactions. From initial client contact through closing a transaction, our associates are an integral part of our deal teams: researching, valuing, pricing, marketing, and structuring transactions. Associates must maintain and manage a significant level of interaction with both clients and senior bankers. 

Training

·    The Associate Training Program, which begins in early August, provides a five-week introduction and orientation to the firm and its capabilities. The curriculum includes coursework in advanced accounting, financial modeling, valuation, corporate finance, debt markets, presentation skills, Excel, and marketing. Part of the program includes preparing for and taking the Series 79 exam. The program is thorough, combining the substance of a much larger bank's training program with the personal attention found in a seminar. 

Summer Analyst Program

We have opportunities for about seven college juniors as summer analysts in our New York and San Francisco Investment Banking offices. Strong academic performance, exceptional interpersonal skills, and superior analytical, computer, and communication skills are essential. The firm values individuals who are demonstrated team players and can interact with all levels of the organization. Successful candidates will exhibit a common sense approach to problem solving and a strong desire to learn, in addition to showing initiative, integrity, and creativity. 

Organization

·    Cowen specializes in value added, high margin investment banking services and products. The product groups include Capital Markets, Mergers and Acquisitions, and Private Equity. The corporate finance groups include Alternative Energy, Consumer, Health Care, Industrials, and Technology.

·    Summer analysts can expect a fast-paced, demanding work environment that offers the opportunity to learn and grow professionally. During the internship, each summer analyst will work on a variety of transactions. Responsibilities include performing financial analysis, conducting industry and company research, and preparing presentations.  

Program

·    After the initial interview, candidates interview with and are hired directly into a product or corporate finance group. Summer analysts spend ten weeks with us from early June through August, staying in one group. They are expected to work alongside our full-time analysts while learning from them. The summer program begins in early June with a week of training, including an introduction and orientation to the firm and its capabilities, as well as coursework in accounting, modeling, valuation, and Excel. Through a series of weekly lunches, summer analysts meet with senior management across all of Cowen's businesses. Occasional receptions and a summer outing encourage summer analysts to interact with analysts, associates, and officers throughout Investment Banking. Each summer analyst is assigned a mentor, usually from his/her school. The summer program consistently provides a core group of hires for our full-time analyst program. 

Summer Associate Program

We have opportunities for about five summer associates in our New York and San Francisco Investment Banking offices. Strong academic performance, exceptional interpersonal skills, and superior analytical, computer, and communication skills are essential. The firm values individuals who are demonstrated team players and can interact with all levels of the organization. Successful candidates will exhibit a common sense approach to problem solving and a strong desire to learn, in addition to showing initiative, integrity, and creativity.

 Organization

·    Cowen specializes in value added, high margin investment banking services and products. The product groups include Capital Markets, Mergers and Acquisitions, and Private Equity. The corporate finance groups include Alternative Energy, Consumer, Health Care, Industrials, and Technology.

·    Summer associates spend ten to twelve weeks with us in either a product or corporate finance group. They work directly with senior bankers on a range of domestic and cross border transactions. From initial client contact through closing a transaction, our summer associates are an integral part of our deal teams; researching, valuing, pricing, marketing, and structuring transactions. Summer associates must maintain and manage a significant level of interaction with both clients and senior bankers.

Program

After the initial interview, candidates interview with and are hired directly into a corporate finance or product group and spend the summer in one group. The summer program begins in early June with a week of training, which includes an introduction and orientation to the firm and its capabilities, as well as coursework in accounting, modeling, valuation, and Excel. Through a series of weekly lunches summer associates meet with senior management across all of Cowen's businesses. Occasional receptions and a summer outing encourage summer associates to interact with analysts, associates, and officers throughout Investment Banking. Each summer associate is assigned a mentor, usually from his/her school. The summer program consistently provides a core group of hires for our full-time associate program. 

The other divisions of Cowen, including Sales and Trading, Research, Operations, and Ramius, do not recruit on campus as their hiring focuses on individuals with relevant work experience. For inquiries about these career opportunities, as well as openings for individuals with experience in Investment Banking, please click on the icon below and search the job listings. 

For inquiries about all other career opportunities at Cowen, please click on the below icon to create your OneWire profile and search for job listings.

Cowen Group is an equal opportunity employer.