2021 Global Capital Markets Northeastern Co-Op (New York)
Placement & Duration:
Co-Ops in Global Capital Markets (GCM) receive general offers, then are placed onto a desk in one of our main departments during the summer: Equity Capital Markets, Fixed Income Capital Markets, Leveraged Finance or Client Solutions. During the 6 month program, you will be working with our clients on complex, innovative financing and risk management solutions. The environment is market-driven and reflects that of an open trading floor where you are closely integrated with your team. The GCM experience and its flat structure will provide you with a high level of responsibility early in your career.
Responsibilities:
Co-Ops in GCM work in one of our main departments: Equity Capital Markets, Fixed Income Capital Markets, Leveraged Finance or Client Solutions. The roles and responsibilities can vary by group and may include:
- Equity Capital Markets: Learn how to read complex financial models and understand basic multiples such as P/E and Aggregate Value/EBITDA, in order to value companies; learn how equity deals are priced and play an active role in the origination and execution of transactions while working closely with your Corporate Finance counterparts in Investment Banking.
- Fixed Income Capital Markets: Provide clients with valuable updates on market news and trends and how these affect their access to the debt capital markets; work with our trading and syndicate desks on rate views, product management and deal execution; build and run complex financial models.
- Leveraged Finance: Analyze and create—for both corporate and financial sponsors—various financing alternatives in the context of debt and/or loan financing, leveraged buyouts and acquisition financings; create complex financial models and work closely with Investment Banking professionals to develop projections and valuation and merger analyses as it relates to evaluation of capital structure alternatives; develop client presentations.
- Client Solutions: Provide clients with holistic solutions to various issues, from asset monetization and relationship lending to pension and risk across all sectors, including financial institutions and corporate clients; supply valuable analysis on market news and trends and the subsequent effect on clients’ access to capital markets; collaborate with trading and syndicate desks on rate and market views, product management and deal execution; structure complex financial transactions and develop, in conjunction with Investment Banking, valuation analysis as it relates to merger and acquisition activity.
Qualifications/ Skills/ Requirements:
- You are pursuing an undergraduate degree (junior) or a Master’s degree with a graduation date of December 2021 or Spring 2022.
- Minimum 3.0 GPA.
This Program is closed to applications.