Off-Cycle Internship, M&A advisory, 2027

This six‑month off-cycle internship gives you the opportunity to work alongside experienced colleagues on meaningful, real‑world transactions shaping the French and European market. You’ll build technical skills, contribute to live deals and gain hands‑on experience as you support the team across a range of ongoing projects.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

Our Paris Country Coverage team, part of Macquarie Capital, covers infrastructure, business services, technology and healthcare sectors, primarily advising upper mid-cap and large-cap clients on M&A transactions. The team operates in a highly international environment, working closely with other Macquarie offices on cross-border transactions, with a strong focus on sell-side mandates.

As an off-cycle intern, you will be fully integrated into the team and involved in live transactions, gaining hands-on exposure to the full deal lifecycle whilst sitting alongside experienced professionals. Your responsibilities will include:

Financial modelling and valuation

Contribution to origination efforts, including preparation of pitch materials, marketing documents and sector analysis

Participation in execution of mandates, including drafting presentations, supporting clients and advisors in due diligence processes and data room organisation, tracking investor discussions and offers, and overall monitoring of transaction processes

Preparation of research materials, market updates, sector overviews and relevant industry trends

You will have the opportunity for significant client exposure and responsibilities, developing strong technical, analytical and advisory skills in a collaborative environment.

We are looking to fill internship places from January 2027 and March 2027.

What you offer

You are in your final or gap year of a top engineering or business university, or graduated within the last year with an excellent academic record.

A solid understanding of financial advisory processes, valuation, accounting, and financial modelling

Previous internship experience in private equity, M&A or deal advisory

Clear and confident communication skills with fluency in both English and French

Strong motivation and enthusiasm, with a proactive mindset, attention to detail, and the ability to integrate quickly and build effective working relationships in a team-oriented environment

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

About Macquarie Capital

Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.

Our commitment to diversity, equity and inclusion

We are committed to providing a working environment that embraces diversity, equity, and inclusion. We encourage people from all backgrounds to apply regardless of their identity, including age, disability, neurodiversity, gender (including gender identity or expression), sexual orientation, marriage or civil partnership, pregnancy, parental status, race (including ethnic or national origin), religion or belief, or socio-economic background. We welcome further discussions on how you can feel included and belong at Macquarie as you progress through our recruitment process.

Our aim is to provide reasonable adjustments to individuals as required during the recruitment process and in the course of employment. If you require additional assistance, please let us know during the application process.