RBC Capital Markets

Interested in a career in Banking, Business & Client Services, Capital Markets Technology, or Global Markets? If so, the RBC Capital Markets Pathways Diversity Award Program might be for you. Use the filters below to learn more about your region’s Pathways program.

Apply Now! Applications are now open for the RBC Pathways Diversity Award Program in Canada.

RBC Capital Markets Canada Pathways Diversity Award Program – Canada

RBC Capital Markets is committed to advancing diversity and strengthening inclusion in the workplace. In support of this commitment, RBC is proud to offer the RBC Pathways Diversity Award Program in Canada, which aims to invest in, hire, and retain outstanding undergraduate students who identify as Black and/or as an Indigenous (First Nations, Inuit, Métis) person of Canada studying full-time at a Canadian university/college, and who are passionate about pursuing a full-time career in Capital Markets.

Select applicants will advance to interviews, and successful candidates will earn a C$10,000* financial award, executive sponsorship, and an offer to join the Global Investment Banking or Global Markets Summer Analyst Program in Calgary, Montreal, Toronto, or Vancouver.

What’s in it for you?

Offer of Paid Employment - Join RBC Capital Markets in Global Markets or Investment Banking as a 2026 Summer Analyst; office locations include Toronto, Montreal, Calgary, and Vancouver.
Financial Award - Multiple awards available in the amount of C$10,000*
Networking Opportunities - Ongoing opportunities for training and exposure to the organization and industry with a peer network of driven, ambitious young professionals
Sponsorship & Coaching - Senior leadership and summer mentor insight, support, and guidance

*Total reward not including applicable deductions

Hear from our Students

Eligibility

Please read the following eligibility requirements and application instructions carefully before submitting; incomplete applications will not be accepted.

You are an undergraduate student enrolled full-time at a Canadian college or university
You will graduate between December 2026 and June 2027
You self-identify as Black and/or an Indigenous (First Nations, Inuit, Métis) person of Canada
You have a strong academic record, varied extra-curricular participation, and a genuine interest in pursuing a career in finance upon graduation
You are available to join a full-time summer internship program running May to August 2026
You are a Canadian Citizen, permanent resident of Canada, or are legally eligible to work in Canada for any employer up to and including August 2026

*This opportunity is open to eligible students from all academic programs; STEAM (Science, Technology, Engineering, Arts, and Math) students are encouraged to apply.

Application Requirements

To submit a complete application, please prepare the following three items as one PDF file and submit under the “resume” section of the online application system:

Your updated, one page PDF resume including your cumulative GPA
Your one page cover letter detailing your interest in a career in Investment Banking or Global Markets with RBC Capital Markets
Your official or unofficial academic transcripts of any post-secondary semesters completed to date, including Fall 2024 grades. If it is not possible to receive an official transcript by the application deadline, please include an unofficial transcript

Student Info Sessions - Save the Date and Register by January 22!

All eligible students interested in learning more about RBC Pathways are invited to RSVP for one of the following virtual info sessions. RSVP here by January 22; event details will be shared 1-2 business days in advance.

January 29, 12pm ET – organized for candidates who self-identify as Black
January 30, 12pm ET – organized for candidates who self-identify as an Indigenous (First Nations, Inuit, and/or Métis) person of Canada

Timeline & Selection Process

We appreciate all student interest and application submissions for our scholarships. The applicant review and selection processes are highly competitive.

Applications will be reviewed on a rolling basis by a team of business leaders at RBC Capital Markets
Application deadline: February 09, 2025, 11:59pm ET
Next Steps: Shortlisted applicants will be invited to advance to first round interviews; select first round candidates will advance to final round interviews*. Successful candidates will join the 2026 Summer Analyst Program in Investment Banking or Global Markets; the C$10,000 financial award will be paid to each successful candidate at the start of their summer internship

*Additional interview details to be communicated; should we host in-person interviews, any pre-approved travel costs will be covered by RBC Capital Markets

RBC Resources

The application period for the 2024/25 RBC U.S. Pathways Diversity Award Program is now closed. Eligible candidates are encouraged to learn more about program details and eligibility requirements below and to register their interest in next year’s program here.

RBC Capital Markets U.S. Pathways Diversity Award Program

At RBC, diversity means supporting our differences to break new ground as we help our clients thrive and communities prosper. Our teams need diversity of thought to be successful, so we’re looking for outstanding students with different backgrounds, degrees and experiences to help us grow and position our businesses for the future.

RBC Pathways is a selective, multi-month early insight and mentorship program for Sophomores, committed to the advancement of individuals from historically underrepresented groups within Capital Markets. RBC Pathways is seeking Sophomores enrolled full-time at U.S. colleges and universities, including without limitation, students of Black, African American, Hispanic, Latinx, and/or Native American descent, who are passionate about pursuing careers in Capital Markets and interested in exploring Junior year summer internship opportunities.

The program supports participants as they explore careers in Capital Markets with our award-winning businesses in Banking (including Corporate Banking, Investment Banking and Municipal Finance), Global Markets (including Global Research, Origination and Sales & Trading), and Technology.

In summary, as a program participant, you will gain:

Early Access and Exposure - structured program featuring in-office* and virtual sessions, senior leader talks, and networking events to introduce you to career paths within Capital Markets
Mentorship Support - coaching from RBC employees in your preferred business area to foster a deeper understanding of the firm and industry as you navigate your career path
Summer Internship Opportunities - all participants will be considered for the 2026 New York summer internship interview process
Executive sponsorship – a trusted senior leader who will provide you with insight, support, and guidance should you join the summer internship program
Financial Awards Available - select participants will have an opportunity to earn a financial award – terms and conditions to be announced during the program

*Any pre-approved travel costs for in-office events will be covered by RBC Capital Markets

Eligibility

Please read the following eligibility requirements and application instructions carefully before submitting; incomplete applications will not be accepted.

You are passionate about a career in Capital Markets
You are an undergraduate student enrolled full-time at a U.S. college or university graduating between December 2026 and June 2027
You are able to join us for a 2026 summer internship

Application Deadline:

September 22, 2024, 11:59pm ET

Application Review & Selection Process Timeline:

Following the application deadline, applications will be reviewed by a team of RBC Capital Markets colleagues
Select eligible applicants will advance to a program interview with a member of the business; successful candidates will be invited to join the program
Program specifics including a timeline of Fall events will be provided to all program participants*

*In the event of any in-person program sessions, RBC Capital Markets will cover any travel/hotel expenses for participants located outside of New York

RBC Resources

The application period for the 2023 Pathways for Women in Finance Scholarship in Sydney is closed.

RBC Capital Markets Pathways for Women in Finance Scholarship – Australia

RBC Capital Markets is committed to fostering inclusion and workplace diversity. The RBC Capital Markets Pathways for Women in Finance Scholarship aims to advance the progression of women in finance through rewarding talented female students who are undertaking the finance major within the University of Technology Sydney (UTS) Bachelor of Business and who are passionate about pursuing a career in Capital Markets.

The Scholarship aims to assist women interested in finance through direct financial support and a paid internship with RBC Capital Markets. Select applicants will advance to interviews, and successful candidates will earn A$10,000 financial award and a three month internship with RBC Capital Markets where they will gain practical work experience alongside some of the best in the industry.

Successful candidates benefit from

Paid Internship - Join RBC Capital Markets in Global Markets or Investment Banking as a Summer Intern in our Sydney office
Financial Award - A$10,000 paid over two years, $2,500 per session for the duration of the scholarship
Networking Opportunities - Ongoing opportunities for learning and development, exposure to the organization and industry with a peer network of driven, ambitious young professionals
Training and Mentorship - Senior female leadership insight, support, and guidance

Eligibility

Please read the following eligibility requirements and application instructions carefully before submitting; incomplete applications will not be accepted.

Female student enrolled in an undergraduate coursework degree within the Sydney Business School at the University of Technology Sydney
Completed a minimum of one year of full-time study (equivalent to 48 credit points) of UTS Bachelor of Business degree with a Finance Major and going into the second or third year of single degree or fifth or six year of combined degree;
A strong academic record (WAM of at least 70), varied extra-curricular participation, and a genuine interest in pursuing a career in finance upon graduation
Highly motivated, enthusiastic with a strong desire to learn new concepts and skills and capable of solving complex problems
Excellent communicator and possess developed interpersonal skills, a strong team player
Australian or New Zealand citizen, or the holder of an Australian permanent resident visa or permanent humanitarian visa

Apply Now!Applications are now open for RBC Europe's Pathways Diversity Award Program in London.

RBC Europe Pathways Diversity Award Program – UK/Europe

At RBC, diversity means supporting our differences to break new ground as we help our clients thrive and communities prosper. Our teams need diversity of thought to be successful, so we’re looking for outstanding students with different backgrounds, education and experiences to help us grow and position our businesses for the future.

RBC Europe Pathways is the first of its kind, offering the opportunity to gain exposure to both the buy- and sell-side.

It is targeted at talented undergraduate students who are members of RBC’s charity partners and passionate about pursuing a career in financial services.

Based in London, the paid program is structured in two parts: The first summer internship held within RBC’s asset management business; and performance-dependent, the second summer internship held within RBC’s capital markets business.

Successful candidates benefit from:

Access and Exposure: Offers of paid employment with RBC BlueBay Asset Management Summer 2025 and a return offer of employment for Summer 2026 with RBC Capital Markets (in Investment Banking or Global Markets) providing strong performance feedback
Pathway to the RBC Graduate Programme: Pipeline into full-time graduate role upon graduation
Coaching and Development: Ongoing opportunities for training, insight, support, and guidance from colleagues across the firm. to expose you to the many areas within RBC Capital Markets and to provide a comprehensive understanding of our organization as well as the finance industry
Mentorship and sponsorship: insight, support, and guidance from a trusted senior leader as well as summer mentors to help you navigate the organization and guide your career
Peer Network: An invaluable peer network of driven, ambitious, and like-minded young professionals
A £1,000 relocation allowance in addition to internship compensation; terms to be communicated to successful candidates

Eligibility

You are an undergraduate student enrolled full-time at a U.K. University
You are in your first year of a three-year programme, or second year of a four-year programme
You are able to join us as an intern Summer 2025 (July-August) and – providing strong performance feedback in your first internship - potentially return as an intern Summer 2026 (June-August)
You are able to join us for a permanent graduate position upon graduation (providing strong performance feedback in both your internships)
You have a demonstrable interest in the Finance sector
You are an active student member with one of RBC’s charity partners (10,000 Black Interns, GAIN, upReach, SEO London) at the time of your application

Application and Recruitment Process

Begin by submitting your resume and application online, comprising of your motivation for joining RBC. Include your unique skills and experiences, such as being multilingual, living or traveling abroad, and relevant club or extracurricular activities. After your formal application is submitted, you are required to complete 3 online assessments.
If you’re selected for a first-round interview, we’ll arrange a 30-minute meeting by phone or in-person.
If you are successful at the first-round interview stage you will then be invited back to our office or to a virtual meeting for final assessments. This will also be an opportunity for you to assess if RBC is the right fit for you.

Timeline & Selection Process

We appreciate all student interest and application submissions for the Pathways Program. The applicant review and selection processes are highly competitive.

Applications will be reviewed on a rolling basis
Application deadline: January 5, 2025
Successful candidates will join the 2025 summer internship program with RBC BlueBay Asset Management and be considered for return offers into the 2026 summer internship program with RBC Capital Markets; additional terms to be communicated to successful candidates.

*Travel reimbursement terms will be communicated for any in-person interviews.