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Got Waitlisted? Here’s What You Should Do

by: Greg Yang on February 07, 2022 | 2,884 Views

Campus Career Coach

What Interning at a Fortune 500 Company is Like

MBA internships serve as an important component of the business school experience. For many students, these internships can offer valuable experience and serve as a crucial steppingstone in their career.

Fortune recently spoke to experts on the real value of internship experience and how MBA internships at Fortune 500 companies can even lead to full-time jobs.

Why A Fortune 500 Internship? 

Landing an MBA internship at a Fortune 500 company can be a big deal. Fortune 500 companies, such as Amazon, Goldman Sachs, Target, and Procter & Gamble, often have extensive and well-structured internship programs that can offer MBAs valuable real-world experience. At Whirlpool, MBA internships offer a full-time rotational program post-internship.

“We hope our interns will help us solve real-life, complex problems relating to their project,” Annie Rudisill, the company’s university relations lead, tells Fortune. “We also hope they will have a great experience in our internship, so we can not only bring them back full-time, but so they can also serve as ambassadors for Whirlpool and our internship program, building our employer brand.”

INVESTING IN INTERNS

Landing an internship at a Fortune 500 company is no easy feat. However. MBA interns can expect the bar to be set high. And for good reason.

“When we are looking for interns, we are looking for best in class,” Kellie Nickovich, senior university talent acquisition manager at Intuit, tells Fortune. “We put them through different types of assessments. They have a chance to share with us their work on some real-world problems and we have a panel that observes and assesses. We put a high investment in bringing interns into the organization.”

At Intuit, internships are personalized to students’ needs. The company values its MBA interns and it shows through the competitive pay and benefits.

“It’s a niche approach,” Nickovich tells Fortune. “It’s more specialized and more of a one-to-one approach. We do a lot of work with hand holding, in a sense, to make sure their experience is as exceptional as it can be.”

Sources: Fortune, Top MBA

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