Calpion

Investment Banking Analyst Intern

InternshipHybridVaranasi, Uttar Pradesh6 months32K/mo6 openingsImmediate / Rolling

About this internship

Join Calpion in Varanasi as an Investment Banking Analyst Intern. This entry-level internship is designed for students and recent graduates who learn best by building, shipping and getting real feedback on investment banking and deal advisory work. About the role As an Investment Banking Analyst…

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Skills you'll use

Financial Modeling (DCF / LBO)ValuationM&A Deal StructuringPitch Deck PreparationAdvanced ExcelComparable Company AnalysisFinancial Statement AnalysisIndustry ResearchData Room & Due Diligence SupportPowerPoint Storytelling

What you'll do

Work on building financial models and pitch material for live mandates alongside the core team
Apply Financial Modeling (DCF / LBO), Valuation, M&A Deal Structuring, Pitch Deck Preparation to live, production-facing problems
Document your work clearly for reviewers and stakeholders
Participate in reviews and act on the feedback you receive
Collaborate across engineering, product, design or business as required
Follow the team's quality, testing and documentation standards

Who can apply

Pursuing or recently completed B.Com/M.Com, BBA/MBA (Finance), CA/CFA (Inter or Final) or B.E./B.Tech + Finance electives
Graduating batch 2026 or 2027 — final-year students and recent graduates welcome
60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
Working knowledge of Financial Modeling (DCF / LBO), Valuation, M&A Deal Structuring (or a genuine willingness to learn them)
Exposure to Pitch Deck Preparation, Advanced Excel, Comparable Company Analysis is an advantage
Clear written and verbal communication in English, and care with detail in your work
No prior work experience required — this is a fresher-friendly internship
Based in Varanasi, Uttar Pradesh or willing to work from there for the internship period

Perks & benefits

Flexible working hoursNetworking with senior professionalsInternship CertificateLetter of RecommendationMentorship from a named mentorDirect access to the team that owns the data you work on

Interview & selection process

3 rounds — typical selection flow for this role:

1Application screening & resume shortlisting by the talent team
2Online aptitude / domain assessment
3HR discussion — stipend, start date, expectations and offer

About Calpion

Calpion operates in the healthcare sector and has an active presence in Varanasi. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to watch it from a distance. The work…

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