2027 Spring Internship - Real Estate - Frankfurt

Apply by:
September 13, 2026

Description

Start Date  

This internship is available for a length of between 3 and 6 months, starting on any date between 18 January and 30 April 2027. If you are not available during this period, there may be Summer or Fall Internships available, which open in September 2026.

About DWS 

At DWS we’re capturing the opportunities of tomorrow. Join our leading global asset management firm and make an impact on individuals, communities and the world. Whether collaborating to discover innovative solutions, exploring your curiosity or developing new skills – at DWS, we support you in achieving your goals. Invest in your future!


About the DWS Internship  

The DWS Internship offers a unique and exciting opportunity to gain a wide range of practical experiences through individual projects, speaker sessions and networking events. With strong support from mentors and managers, you will be challenged to grow while gaining valuable insights into the world of Asset Management. This is an excellent way to determine whether a career in Financial Services & Asset Management meets your personal aspirations.    

Subject to performance, successful interns may be offered a place on the DWS Graduate P.A.C.E. Program the following year. 

About the Team

The Alternatives Investment Real Estate division at DWS offers access to a global platform that invests in all real estate equity and debt segments. The range of services includes portfolio management of mutual funds, special funds, and closed-end funds, supported by Transactions, Asset Management, and various organizational units at over 15 locations on four continents.  You will get to know the entire life cycle of a real estate investment - from purchase, through management, to sale - and discover that teamwork plays a very important role for us.

The following teams are looking for interns:

  • Portfolio Management
  • Fund Management
  • Debt
  • Transactions
  • Asset Management
  • Digital Asset Management/Transformation

As our DWS Intern, you will:

  • Support the team in the holistic development and implementation of investment strategies for real estate funds or real estate debt funds. Gain insight into the specific requirements of various investors
  • Assist the team in the buying and selling process of real estate or real estate debt, including participating in the due diligence process, conducting market, property, and competition analyses, and assisting in the preparation of purchase calculations and documents for senior management
  • Participate in the strategic and operational real estate asset management of our fund properties. Gain a deeper understanding of the market environment and the value-enhancing positioning of properties with different uses
  • Participate in the strategic and operational digital asset management and support the team in the holistic development of digital strategies.  Gain a deeper understanding of the digital use cases and the value-enhancing positioning of properties and organization  

The Team is looking for:

  • Fluent German (C2) and advanced English language skills
  • Team player with a curious mind
  • Keen interest in financial services; prior experience is not required
  • You must meet all core and role eligibility requirements

AI & Future Skills

The future of asset management will be shaped by people who can combine curiosity, critical thinking and technology.

At DWS, interns and graduates are encouraged to explore how emerging technologies, including artificial intelligence, can support research, analysis, productivity and innovation.

Through our learning ecosystem, you'll develop the skills needed to work effectively in a rapidly evolving industry while understanding the importance of responsible and ethical use of technology.

We welcome candidates from all degree disciplines who demonstrate:

  • Curiosity and a willingness to learn
  • Critical thinking and sound judgement
  • Strong collaboration skills
  • An enthusiasm to using technology and AI-enabled tools to improve outcomes

Our Application Process

  • Step 1 – Online Application
  • Step 2 - Online Tests
  • Step 3 - Video Interview (in German)
  • Step 4 - Final Interview Day (in German)

Our commitment to equal employment opportunity 

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.   

We promote good working relationships and encourage high standards of conduct and work performance. DWS is an equal opportunities employer and we welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations. We are committed to providing a working environment free from harassment, discrimination and retaliation.

If you have any questions about this program or need us to make any adjustments to help you complete any stage of your application, let us know at dws.ECrecruitment@db.com and someone from our Early Careers team will get in touch.    


Invest in your future. Click to apply

Eligibility

  • Fluent German (C2) and advanced English language skills.
  • Bachelor student graduating in 2027 or 2028 OR Master student graduating in 2028 OR Gap Year between your bachelor and masters degree.
  • Less than 12 months of full-time relevant work experience (excluding internships).
  • Availability for a full-time 3 – 6 month internship; see start date for more details.