The Rothschild 2027 programs span three distinct divisions: Global Advisory (independent M&A advisory), Wealth Management (private client advisory), and Five Arrows (merchant banking and alternative assets). Each runs its own hiring process, and they are not interchangeable — pick the one that fits before you apply.
This guide covers the 2027 intake at Rothschild & Co — applications open in 2026 and are reviewed on a rolling basis, so applying early gives you the strongest chance. Confirm exact dates on Rothschild & Co's official careers page.
Rothschild 2027 Programs: Global Advisory
Global Advisory is the flagship. It offers M&A and strategic advice with no lending book and no trading floor — the independence is the pitch, because clients know the advice is not tied to financing. The firm is a heavyweight in European mid-market M&A, ranking among the top advisers by deal count on the continent. Analysts work on live sell-sides and buy-sides, build valuation models, and draft client materials early. If you want pure M&A deal experience with real junior responsibility, this is the division. It is also the most competitive.
Rothschild 2027 Programs: Wealth Management
Wealth Management advises high-net-worth individuals, families, and charities on preserving and growing capital. The work is relationship-driven: portfolio strategy, succession planning, long-term advisory. The skill set tilts toward client communication, judgment, and investment knowledge rather than deal execution. Interviews here probe discretion and genuine interest in wealth clients more than valuation mechanics.
Five Arrows: Merchant Banking
Five Arrows is the group's merchant banking arm — private equity, private debt, and fund management investing Rothschild and third-party capital. Roles are closer to a buyside seat: investment analysis, portfolio work, longer-hold thinking. It hires fewer juniors than Global Advisory, and candidates need real investment instincts, not just banking interest.
Summer Analyst vs Graduate Analyst
- Summer analyst: for penultimate-year students; a ten-week extended interview. A strong summer converts directly into a graduate offer. The highest-probability route if you are eligible.
- Graduate analyst: for final-year students and recent graduates; straight into the full-time analyst class.
Why the European Mid-Market Matters
Rothschild advises on more European mid-market transactions than almost anyone. Juniors get closer to live deal flow, more client exposure, and broader responsibility than peers at balance-sheet banks. Interviewers expect you to understand this positioning — why independent advice, why the mid-market, and what it means for your day-to-day work.
Still deciding? Our guide on which Rothschild program is right for you breaks down fit by career goal. Once you have chosen, follow the application steps in order.
FAQ
Which Rothschild 2027 program is the most competitive?
Global Advisory, by a wide margin. It has the largest applicant pool and the smallest intake relative to demand. Wealth Management and Five Arrows are still selective but draw fewer pure M&A applicants.
Is Rothschild Global Advisory better than a bulge bracket for M&A?
Different, not strictly better. You get more deal flow and earlier responsibility in the European mid-market, but less exposure to mega-deals and balance-sheet products. Know which trade-off you want before interviews.
Do Rothschild summer analysts get return offers?
Summer programs are designed as a pipeline into graduate roles, and strong performers convert. Treat the ten weeks as the interview — because it is.
When do Rothschild 2027 programs open for applications?
Applications are reviewed on a rolling basis and timing varies by division. Apply early and check Rothschild & Co's official careers page for exact dates.
Applying to Rothschild & Co? Our 2027 Rothschild Online Assessment prep covers the real questions — $79 one-time, instant download.
