Long Term Internship - Dutch Coverage Team - 2027

Rothschild & Co is recruiting interns to join its Dutch coverage team within the Global Advisory division for a five to six month internship. There are two main start dates, January and June 2027, with the page noting there may be other opportunities through the year and asking you to state your availability. The location is given as London for the January start and Amsterdam for the June start. The programme is aimed at students in their second or penultimate year of university, and fluency in Dutch is stated as essential. Source

The listed responsibilities are researching the industries in which clients operate to support senior bankers' marketing initiatives, including contributing content to pitch books; developing and maintaining standard or bespoke financial models under guidance from senior bankers; using a range of valuation techniques including discounted cash flow, trading comparables, transaction comparables and LBO-based approaches; supporting the team in coordinating the transaction process internally and with clients, counterparties and other advisers; and developing relationship skills through client contact and exposure to senior bankers. Source

'Coverage' is the word doing the work. A coverage team owns the client relationship for a country or a sector rather than a product, so the Dutch desk's job is knowing Benelux corporates, families and sponsors, and pitching them ideas. That is why the responsibilities lead with research and pitch material before they get to models. 'Long Term Internship' is Rothschild's name for a five to six month off-cycle seat, not a summer programme, whatever the summer-internship tag on our row says.

Fluency in Dutch is a hard gate, not a preference, and it is the first line in the qualifications. This is a language seat before it is a finance seat: you will be reading Dutch company filings, press and management material and sitting on Dutch-language calls. Conversational Dutch will not survive an interview partly conducted in it, and no amount of banking experience substitutes.

The team is the Dutch coverage team inside Rothschild & Co's Global Advisory division, which the firm's own navigation describes as its M&A and capital markets advisory business. Source

74 people have held London roles in Rothschild & Co's Global Advisory division since 2018, which is where the record place this seat. That is the division, not the desk: a country coverage team inside it is a handful of bankers, so an alumnus who says they worked in Global Advisory in London may never have touched the Dutch desk.

321 people have held London roles at Rothschild & Co as a whole since 2018, across the advisory bank, wealth and asset management and the Five Arrows funds business.

Only one of the two intakes is a London job. The page puts the January start in London and the June start in Amsterdam, which means if you want to be in London you are applying specifically for January 2027 and you should say so in the availability answer rather than leaving it open. It also means the June option raises a work-permit question the page does not answer, so if you would need permission to work in the Netherlands, settle that before you spend the application.

The page gives an application start date of 18 August 2027, which cannot be right for internships starting in January and June 2027. Read it as August 2026 and assume applications are open now. Either way there is no closing date and the firm says it recruits on a rolling basis with continuous interviews, so apply immediately rather than waiting for a window that the page has already got wrong.

The stated requirements are fluency in Dutch, which the page calls essential; being on track for a minimum of a 2:1 or equivalent; a genuine interest in corporate finance with a particular focus on the Benelux region; good commercial awareness; strong analytical and numerical skills; MS Office including Word, Excel and PowerPoint; and excellent communication and teamwork skills. The programme is aimed at students in their second or penultimate year of university. No graduation window, degree subject or right-to-work condition is published. Source

'Second or penultimate year' plus a five to six month full-time block is a combination that needs planning: on a three-year degree, a January start collides with your penultimate year, so this realistically works for people on four-year courses, placement years or a formal interruption. Work out which of your years is free before applying, because the availability question is the first thing they will read.