Corporate Development Intern

CAREERS THAT CHANGE LIVES

The possibilities at the intersection of medicine and technology are endless, which means endless opportunities to make your mark on the world. You have learned a lot to get here — and we want you to keep growing. With our expanding portfolio of innovative products and services, Medtronic is a global leader in healthcare technology, serving 72+ million patients annually across 150+ countries and more than 70 disease states. We are dedicated to improving lives by putting patients at the center of everything we do and empowering employees to make a meaningful impact every day. Every role contributes to better patient outcomes, offering the opportunity to build a career defined by purpose, growth, and impact.

Our summer internships are full-time (40 hours/week), paid positions lasting 10-11 weeks. We offer competitive compensation, educational and social programming throughout the summer, as well as housing assistance and relocation support for eligible interns.

The Corporate Development Intern participates in the Medtronic Corporate Development activity by performing market analysis, financial analysis, deal structuring and negotiation, due diligence coordination, and preparation for presentations. The Intern is responsible for executing project requirements, financial modeling and preparing and presenting proposals and recommendations to management. In addition, the Intern may interact with senior leadership on special projects. The Intern is required to work in close partnership with project teams that generally include personnel from all levels of leadership and in various corporate and/or business unit functional departments including business development, marketing, research, finance, tax, law, human resources, purchasing and procurement, information technology, quality assurance, and regulatory. The Intern generally is required to participate in 4 to 6 active projects at any one time, often times under tight timelines.

Expected Learnings:

- Improve financial modeling

- Analyzing and critical thinking

- Presenting to all levels of management

- Sharpen communication skills

- Prioritization and influencing

- Leadership

Responsibilities may include the following and other duties may be assigned:

- Provides quantitative and qualitative analysis, industry research, reporting and internal communication services with team members.

- Investigates and communicates potential opportunities for process improvement as well as potential project initiatives.

- Responsible for working with teams operating within a service group, or product group and/ or project group.

- Assists with the development, monitoring, coordination and implementation of projects.

- Works with different departments including sales, marketing and business development to develop knowledge of industry and organizational processes.

Location and Work Model 

The MBA Corporate Development Internships are based in Minneapolis, Minnesota. All interns must reside in the U.S. for the duration of the internship. Medtronic is working a minimum of 4 days a week onsite as part of its commitment to professional growth, cross-functional collaboration, and engineering the extraordinary. 

Must Have: Minimum Requirements

To be considered for a Summer 2027 MBA Corporate Development Internship, your resume must clearly demonstrate how you meet each of these basic requirements. 

 Working toward an MBA with an anticipated graduation date of Spring 2028

 Ability to participate full time, 40 hours per week, as part of the intern cohort from June 1- August 14 for semester system programs or June 15-August 21 for quarter system programs. 

 Legally authorized to work in the U.S. on a full-time basis and do not require sponsorship now or in the future for an employment visa. The Medtronic Summer Internship Program does not provide work authorization sponsorship for summer intern positions. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J or TN, or who need sponsorship for work authorization now or in the future, are not eligible for the Medtronic Summer Internship Program. 

 5+ years of relevant work experience

Nice to Have: Preferred Requirements

 Experience in medical device, healthcare, life sciences, or other regulated industries

 Knowledge of corporate strategy, M&A corporate development, valuation, financial modeling, due diligence, or market analysis

 Leadership experience through professional, academic, extracurricular, or community organizations

 Experience presenting business, financial, or technical recommendations to stakeholders

 Experience collaborating across functions and managing complex projects or competing priorities

 Experience analyzing and communicating financial, technical, or business insights

About Medtronic

Together, as one of the largest Medical Device companies in the country, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health, and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be. We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future and engineer the extraordinary. 

Physical Job Requirements

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)