4-Month Off-Cycle Internship 2026 (Munich)

Business Unit:

Corporate Finance

Industry:

General

Overview

Houlihan Lokey, Inc. (NYSE:HLI) is a leading global investment bank recognized for delivering independent strategic and financial advice to corporations, financial sponsors, and governments. With uniquely deep industry expertise, broad international reach, and a partnership approach rooted in trust, the firm provides innovative, integrated solutions across mergers and acquisitions, capital solutions, financial restructuring, and financial and valuation advisory. Our unmatched transaction volumes provide differentiated, data-driven perspectives that help our clients achieve their most critical goals. To learn more about Houlihan Lokey, please visit HL.com.

Corporate Finance

The Houlihan Lokey Corporate Finance business has extensive expertise in mergers, acquisitions, divestitures, activist shareholder and takeover defense, and other related advisory services for a broad range of clients. In addition, we have the proven ability to engineer and execute financing solutions that are essential for growth and success and offer access to financing in the public and alternative capital markets through the issuance of debt, equity, or hybrid securities. In EMEA, we work with a wide spectrum of companies, from middle-market privately owned enterprises to large multinational organizations. With a growing platform of Corporate Finance professionals and offices across the region, in addition to our global reach and in-depth knowledge across a broad range of industries, we have the breadth and targeted expertise to provide exceptional client service.

** Houlihan Lokey GmbH does not provide bank or securities brokerage services and is not subject to FINMA supervision. **

We are currently accepting applications for start dates in

• September 2026
• October 2026
  
  

Opportunities for later in the year will be opened gradually as the year progresses. If none of the these dates work for you, we recommend checking back for future openings. Please be aware that we fill positions in order of their start dates, not all at the same time and earlier start dates are filled first.

Responsibilities

One of the best ways to prepare yourself for your financial advisory career is through an internship at Houlihan Lokey. This is an excellent opportunity to become an integral part of our team, gain meaningful, on-the-job experience, and get to know Houlihan Lokey as a potential future employer.

Throughout your internship, you will get similar levels of exposure as a first-year Analyst, assisting in the preparation of pitch and other client materials, and conducting market, industry, and company analyses. Furthermore, you will gain experience in financial modelling, and valuation analyses, as well as sector expertise in Consumer and Business Services, support the due diligence processes on the buy side and sell side processes and work as part of a project team on live transactions.

Basic Qualifications

• Excellent verbal and written communication skills with fluency in both German and English (additional language skills are also advantageous)
• You must be in your penultimate or final year of a bachelor’s or master’s degree
• You will have an outstanding academic record, with preference for a degree in accounting, economics, or finance
• Have previous internship experience within M&A advisory and/or related fields
• You will have an understanding of valuation theory, methodologies and applications
• Strong quantitative, financial and analytical skills
• Ability to work well under pressure with attention to detail
• Good proficiency with MS Office particularly PowerPoint and Excel
  
  

Preferred Qualifications

• Previous experience in and/or interest in Consumer and/ or Business Services sector
• International experience is also desirable, but not essential
• You must be motivated and have the ability to work cooperatively with all levels of staff in a rapidly changing, demanding, but ultimately rewarding environment
  
  

Houlihan Lokey aims to attract talented students who share our passion for excellence and commitment. If this opportunity sounds like the right fit for you, please submit your resume, relevant transcripts and references via the portal and indicate your preferred start date.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law.