Houlihan Lokey — 2028 Summer Financial Analyst - Financial Restructuring (Class of 2029) - Los Angeles

Summer Internship · Investment Banking

Houlihan Lokey reference R3680

Status

Open

Location

Los Angeles, CA, USA

Level

Internship

Deadline

18 December 2026

Status checked against the firm's careers feed — last synced 26 October 2026.

How this fits your target

Seat. Investment Banking
Region. US
Level. Internship
Timing. Closes 18 Dec 2026.
Eligibility. Programmes of this type are usually aimed at penultimate year (graduating 2029).

Read from the listing and your target, nothing inferred beyond them. The employer's wording on the listing decides eligibility.

Key details

Applications open: 26 October 2026
Application deadline: 18 December 2026 — Applications are commonly reviewed as they arrive and windows close early when a cohort fills, so the deadline is the last useful date rather than the intended one.

Apply on Houlihan Lokey's site

Get told when Houlihan Lokey’s next application window opens

One email the day a Houlihan Lokey programme opens on its careers site, with the preparation to start on. Free, for up to 10 firms.

Save this role, its deadline and the preparation checklist

Your pipeline keeps the date with the days left and the steps every application needs, ready to tick off. No account needed; a free account keeps it on every device.

Are you eligible?

Check your year group

Summer Internship programmes are normally aimed at students in their penultimate year, which for the 2028 cycle means graduating in 2029.

When do you expect to graduate?

A year group is a convention, not a rule. The wording on the employer's own listing decides it.

How to prepare for this one

Internship processes at this level test technical fundamentals, structured communication and firm-specific motivation.

Lev sits on a three-legged stool whose legs are marked technicals, structure and why this firm. The last leg is short, leaving a gap marked the gap, and the stool is tipping. — Three legs are tested. The strongest two do not hold up the stool on their own.

Practise it, don't just read it

Free, no sign-up, and short enough to finish before you submit.

Paper LBO Trainer8 minA fresh deal every time. Solve MOIC and IRR in your head, check the worked math, and see a returns waterfall break it down.WACC Builder12 minBuild a discount rate from its parts. Adjusted beta through unlever and relever, live equity risk premiums, three routes to a cost of debt.

Build the model this seat is tested on

A working Excel model with live formulas. Work with it online free: change the inputs and watch it recalculate. A free account also takes the starter workbook to build yourself.

Recovery waterfall model40 minClaims by class, priority, recovery, the fulcrum Credit model45 minDebt capacity, covenants, sweep, maturities, recovery

Browse all 26 models

Walk in with something

Each of these produces a piece of work an interviewer at Houlihan Lokey can ask you about. Free to run as a preview; Pro runs the full version on the stronger engine.

Company ProfileFreeCompany one-pager (profile page inputs)About 25 min of your time Meeting PrepFreeMeeting brief: company, people, agenda, questionsAbout 30 min of your time Comps Set BuilderFreeComps universe table + inclusion rationaleAbout 30 min of your time

Tracking history

First seen: 26 October 2026
On the tracker: First seen today
Last checked: 26 October 2026

Dates describe when we observed the listing on Houlihan Lokey's careers feed, not when the firm opened applications. Always confirm against the firm's own page before you rely on a date.

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After Houlihan Lokey: the next Investment Banking programmes to open

This summer internship closes on 18 December 2026. Leave your email and we will tell you the day the next Investment Banking programmes open, including Houlihan Lokey’s next cycle, while there is still time to apply early.

One email when a role opens, plus a short weekly round-up in season. Free, and you can leave at any point.

Before you send it

Houlihan Lokey screens on the document, not the intention. Suro reads your CV the way the screener will and writes back in the margin: structure, whether the bullets carry evidence, and whether it survives the parser. Back within 48 hours.

CV review, $25

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