Careers

Graduates and Interns

Your future made possible. Together.

More is possible for your future as part of Macquarie’s Graduate and Internship Programs. That’s because we are invested in you. In developing your skills, connecting you to a team with diverse perspectives, and empowering you to see your ideas become a reality.

You’ll play an active role in work that’s building a better future – including investing in essential infrastructure, managing critical commodities, bringing investors and ideas together, or driving technological change.

With access to more opportunities, you can make a unique contribution and uncover what’s possible for your career.

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  2025 Winter Development Program 2025/2026 Summer Internship Program 2026 Graduate Program
Program dates July 20251 Commencing November 20251
Commencing February 20261
Application dates Opens 4 February 2025

Closes 11 March 2025
Opens 6 May 2025

Closes 15 July 2025 (Melbourne & Perth)
29 July 2025 (Sydney & Brisbane)
Opens 25 February 2025

Closes 1 April 2025
Eligibility Science, technology, engineering and maths students or women from any discipline in their penultimate year of study Students in their penultimate year of study Students in their final year of study or who have completed their studies within 12 months of applying (that’s 12 months from your last subject or unit)

Note to students completing trimesters: please speak to your faculty student centre for an individual progression check. This will assist you in determining your eligibility for our internship and graduate programs.

Eligibility criteria applies.2

  1. Dates are subject to change.
  2. You must be an Australian citizen, Australian permanent resident or New Zealand citizen to be eligible for our Graduate and Internship Programs.

No matter what you studied, there’s a place for you at Macquarie. We consider applications from all degree backgrounds for each of our divisions. You’ll have countless opportunities to grow your network and your impact.

Areas of work

Accounting

Degrees

We welcome students from all degree backgrounds.

What could I be doing?

Working in an accounting role, you could be:

  • analysing financial performance to deliver valuable business insights;
  • reviewing, challenging and reporting on financial results, ensuring compliance with reporting standards;
  • preparing forecasts for management to support strategic decision making;
  • engaging with stakeholders to determine data requirements for new products and deals;
  • be supported to obtain your Chartered Accountants certification.

Where will I sit?

You will join our Financial Management Group where you could sit in a central role or be aligned to any of our operating groups: Banking and Financial Services, Macquarie Capital, Macquarie Asset Management or Commodities and Global Markets.

Areas of work

Real Assets, Real Estate, Credit, Equities & Multi-Asset, Client Solutions and Strategic Solutions.

Degrees

Candidates with backgrounds in Law, Psychology, Engineering, Science, Technology, Mathematics and Finance are all encouraged to apply.

What role will you play?

Working in our Asset Management Group, you could be:

  • valuing and running performance analysis of fund assets through financial modelling and scenario analysis;
  • assisting with or owning research projects relating to both existing and targeted assets;
  • assisting with the review and approval of asset acquisitions including financial analysis of the impact of acquisitions and appropriate funding strategy;
  • working closely with other professional advisors in a transaction setting, including legal and financial advisors;
  • preparing marketing, materials for client updates, or investor relations materials for internal and external use;
  • undertaking financial and corporate analysis of new transactions including cash-flow modelling, asset valuations, and industry research;
  • managing existing products and developing new products, including modelling cash flows and working with the legal team in preparing and reviewing legal documentation;
  • reviewing asset pricing and assisting with trades with internal and external trading desks;
  • engaging with clients, corporate representatives of listed companies, external advisors, intermediaries and internal stakeholders.

Where will I sit?

You will join Macquarie Asset Management.

Areas of work

Corporate Real Estate, Human Resources, Innovation, change and strategy, Marketing and PR, Operations, Procurement, Resilience

Degrees

We welcome students from all degree backgrounds.

What role will you play?

Working in a corporate operations, human resources, strategy, marketing or projects role, you could be:

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Corporate real estate
  • supporting the management of real estate operations, keeping our premises open for business, resilient and safe;
  • working on identifying opportunities and implementing changes to maximise the workplace experience for our people;
  • leveraging data and technology to increase the value and output of our premises and people.
Human Resources
  • attracting, recruiting, rewarding and retaining the best people;
  • supporting the development of our people through career growth and learning opportunities;
  • providing support to our business through employee relations, HR policy management and reporting.
Innovation, change and strategy
  • supporting businesses and teams across Macquarie to deliver projects and initiatives aligned to strategic objectives;
  • helping drive change aimed at improving customer experience and building scalable operations through simplification, digitalisation and enhanced risk management;
  • facilitating effective communication, collaboration and knowledge management.
Marketing and PR
  • engaging with investors, governments, media, and the wider community to maximise their understanding of Macquarie;
  • enabling Macquarie to understand the expectations of our key stakeholders;
  • supporting the delivery of strategic and tactical marketing initiatives across Macquarie’s digital channels.
Operations
  • helping to provide business aligned trade support services such as middle office, trade validation, trade documentation and settlement support;
  • assisting with regulatory reporting and client lifecycle management, payments and treasury support as well as reconciliation services;
  • providing group wide support for Human Resources across areas such as payroll, onboarding and mobility.
Procurement
  • delivering benefits for Macquarie through innovative sourcing strategies and helping manage processes, systems and training across procurement and the supplier lifecycle;
  • supporting management of the global travel and expense policy including travel, card, tech suppliers and services;
  • processing payments and providing support, using Concur and Coupa.
Resilience
  • supporting activities that ensure Macquarie is resilient such as crisis planning, strategy development and regular testing exercises;
  • partnering with the business and suppliers to sustain operations during times of disruption;
  • helping with the implementation of the Group business resilience framework.

Where will I sit?

You could join our Corporate Operations Group, Financial Management Group or Banking and Financial Services Group.

Areas of work

Macquarie Capital, Equities Research, Markets, Group Treasury
 

Degrees

We welcome students from all degree backgrounds.
 

What could I be doing?

Working in a corporate finance, M&A or markets role, you could be:

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Macquarie Capital
  • adding value to live deals, from conducting due diligence to drafting a prospectus for an initial public offering;
  • analysing financial data; including building and running financial models;
  • drafting pitch presentations.
Equities Research
  • gain equities sell-side and buy-side experience through our Cadetship program;
  • work closely with lead analysts and portfolio managers to provide financial analysis and modelling support, contributing to sector commentary;
  • be exposed to a range of events and analysis while learning valuation techniques and preparing company reports and presentations.
Markets
  • helping tailor innovative products and solutions for clients across equities, fixed income, foreign exchange, commodities, technology, media and telecoms;
  • developing your knowledge of market dynamics;
  • producing fundamental market analysis and research.
Group Treasury
  • play a role in managing the funding, capital, and liquidity position of Macquarie to ensure our business units have the financial resources they need to meet their ongoing commercial requirements;
  • supporting senior management in strategic decision making;
  • helping manage interest rate and liquidity risk, Macquarie’s liquid assets portfolio and our Group structure.

Where will I sit?

You could be joining our teams in Macquarie Capital, Commodities and Global Markets Group or Financial Management Group.

Areas of work

Personal Banking, Business Banking, Wealth Management, Digital, Data, Design & Engineering, Operations, Credit, Marketing, People & Culture.

Degrees

We welcome students from all degree backgrounds.

What role will you play?

Working in a retail banking role, you could be:

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Business banking
  • supporting a team that offers tailor made deposit, lending and payment solutions to help start or grow Australian businesses.
Wealth management
  • supporting our Private Bankers to provide high-net worth clients with investment and superannuation products, financial advice and stockbroking;
  • helping report on business performance and manage stakeholders;
  • gaining exposure to client facing roles and participating in client meetings.
Digital, design & engineering
  • supporting all aspects of delivering personalised, intuitive experiences for our clients across a range of products, including home and car lending, deposit products, business banking and wealth management;
  • using human-centred design to understand our clients and ensure we’re solving the right problems for them;
  • assisting with business readiness activities for product features, including updates to policies, retention and portfolio management activities, and sales and distribution led projects.
Operations
  • helping our retail bank to keep earning trust with stakeholders through robust risk management and compliance led initiatives.
Credit
  • helping deliver a market leading application to settlement experience assessing a broad range of complex credit applications;
  • helping identify and manage their credit risks and assist with efficient use of capital.
Marketing 
  • helping deliver integrated campaigns highlighting why our customers love banking with Macquarie.
People & Culture
  • empowering our people to be at their best and do their best work by delivering programs that enhance our employees experience and shape our culture.

Where will I sit?

You will join our Banking and Financial Services Group.

Areas of work

Financial Risk (Quantitative), Non-financial Risk (Qualitative)

Degrees

We welcome students from all degree backgrounds.

What role will you play?

Working in a risk role, you could be:

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Financial Risk (Quantitative)
  • working alongside senior stakeholders to review deals and transactions;
  • monitoring daily risk exposures for trading desks and reporting to senior management;
  • gaining exposure to capital markets, funds, retail banking businesses and the central service functions while applying a wide range of skills in derivative pricing, financial modelling, statistics, computing and data analysis.
Non-financial risk (Qualitative)
  • assisting businesses with the implementation of appropriate remediation actions, reviewing specific transactions, new products or businesses, identifying and escalating potential conflicts of interest and advising on the application of laws, regulations and policies;
  • having exposure to the day-to-day relationships with Macquarie’s regulators, including regulatory enquiries;
  • supporting senior management with timely and effective escalation and reporting of significant compliance risk issues;
  • reviewing financial crime risk and helping maintain and monitor the effectiveness of global Financial Crime Risk frameworks.

Where will I sit?

You could join one of our central teams in the Risk Management Group or be business aligned in our Corporate Operations Group.

In this video, Alison Thurgood from our graduate recruitment team gives us her top tips on how to make your application stand out. Please note that cover letters are only required for applications to Macquarie Capital and Macquarie Asset Management. For more insights and tips explore our recruitment process page.

This will depend on your team and your business group. Macquarie is a diverse business, which means each of our business groups structure their Graduate Programs differently. If you would like more information about a particular business group or teams Graduate Program, please contact Graduate@macquarie.com.

At Macquarie, hybrid working empowers us to work together flexibly, balancing time spent working in the office and at home. Our shift to hybrid working is an extension of our long-standing commitment to flexible working.

We are a people business. We build relationships and learn from each other. Our approach to hybrid working enables us to balance the needs of our clients, colleagues and teams, taking advantage of the benefits of coming together in person and increased flexibility.

Each of our groups has different needs so expectations for hybrid working are set on a group and team basis. Some groups may require employees to work from the office more frequently than others. At any stage in the recruitment process, your recruiter or prospective line manager will be able to discuss your team's approach to hybrid working with you, and so you may raise this at any point during your application.

Remote working means working from your usual place of residence. Macquarie has policies that deal specifically with requests to work from an alternate location. Please discuss these policies with your recruiter should this apply to you.


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