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Global Markets Summer Associate Program

www.db.com/careers. WORLD'S BEST FOREIGN EXCHANGE HOUSE WORLD'S BEST RISK MANAGEMENT HOUSE Euromoney Awards for Excellence, July 2004. CREDIT DERIVATIVES HOUSE The Banker Awards, September 2004. BOND HOUSE OF THE YEAR CDO HOUSE OF THE YEAR IFR Review of the Year December 2003.

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Global Markets Summer Associate Program

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  1. www.db.com/careers WORLD'S BEST FOREIGN EXCHANGE HOUSE WORLD'S BEST RISK MANAGEMENT HOUSE Euromoney Awards for Excellence, July 2004 CREDIT DERIVATIVES HOUSE The Banker Awards,September 2004 BOND HOUSE OF THE YEAR CDO HOUSE OF THE YEAR IFR Review of the Year December 2003 ASSET-BACKED RESEARCH HOUSE OF THE YEAR Structured Finance International, January 2004 NO.1 FOR EQUITY DERIVATIVES NO.1 FOR US PORTFOLIO TRADING NO.1 FOR EUROPEAN PORTFOLIO TRADING Institutional Investor Derivatives Survey, January 2004 INTERNATIONAL BEST IN CLASS FOR FINANCING AND RISK LEVERAGE BEST IN CLASS FOR FINANCING AND CAPITAL INTRODUCTION IN THE LARGE FUNDS CATEGORY, AND CAPITAL INTRODUCTION FOR MID-SIZE FUNDS Global Custodian 2004 Survey, April 2004 Global MarketsSummer Associate Program • Company • Deutsche Bank is a global financial services leader - an undisputed presence in the major markets of the world and a leading provider of financial services to agencies, corporations, governments, private individuals, and institutions. • Deutsche Bank is the leading European financial services provider, and a significant player in the Americas, having acquired Bankers Trust (1999) and Scudder (2001). The firm also has a deep commitment to Asia Pacific lasting over 100 years. • With more than 13 million clients, and over 63,000 employees in 74 countries Deutsche Bank is the 5th largest global banking(*) business and delivers market leading products to the most demanding clients across the world. • *Indicates joint GM/GB business • Division • Global Markets • Responsible for the origination, sale, structuring and trading of fixed income, equity, commodity, foreign exchange, derivative and money market products. Global Markets has established itself as a global leader in these products by combining its unique distribution franchise with its pricing, structuring and execution expertise. We are dedicated to delivering exceptional capital raising, risk management and investment solutions that meet the precise needs of our clients. • We employ more than 4,750 professionals in 39 trading rooms around the world. Deutsche Bank is one of the only institutions able to address the diverse asset gathering and liability management needs of corporations, governments, institutional investors, hedge funds and financial institutions on a truly global basis. Global Markets help these institutions to protect themselves against risks such as a rise in interest rates, a fall in the Euro or the stock market, or one of their customers going bankrupt. • Global Markets prides itself on pushing forward the boundaries of investment banking. • Job Requirements • Candidates should be in their first year Masters in Business Administration degree during the current school year (Class of 2006). Requirements include superior analytical aptitude, problem solving abilities and excellent communication skills. Leadership potential is highly valued. A commitment to integrity, professionalism and teamwork is required. Foreign language proficiency is a plus, particularly for international positions. Deutsche Bank is an Equal Opportunity Employer. • Summer Associate Program Outline • The key to our success is the exceptional quality of our employees. We aim to attract and retain • the highest calibre professionals, it is for this reason that we invest so heavily in our Summer • Associate Programs. • We are looking to hire approximately 200 Summer Associates into our New York, London, Hong Kong, Singapore and Tokyo offices. Program specifics: • 10 week program • Two 4-5 weeks placements where you have the choice between debt and equity areas of the newly combined Global Markets division • Breakfast/lunch series hosted by senior management • Customized rotations (in addition to placements mentioned above) • Classroom training • Mentor program • Formal review and feedback sessions • Social activities • Full-Time offers extended in September • To Apply • For more information and to apply please visit our website at www.db.com/careers. Details of events and the recruitment calendar are also available online. Please check with your Careers Service offices for interview dates and resume submission deadlines. • (*) By revenues YTD Q3 2004, (**)By market share of fee pool Global Markets Business Units Client Coverage Products Debt Capital Markets/Corporate Coverage (DCM)* Equity Capital Markets (ECM)* High Yield Capital Markets* Commercial Real Estate* The Institutional Client Group (ICG) Global Equity Sales Global Research Global Cash Equities & Program Trading Global Finance & Prime Services FX & Commodities Global Rates Global Equity Derivatives Global Integrated Credit Distressed Products Emerging Markets Global Syndicate

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