Summer 2027 Corporate Development Intern (MBA)

Medtronic • Minneapolis, MN

2d • Onsite

About The Position

The Corporate Development Intern joins Medtronic’s Corporate Development group, which leads projects involving mergers and acquisitions, joint ventures, minority investments, technology licenses, and divestitures. The role offers exposure to senior leadership and supports Medtronic’s inorganic growth strategy across its global businesses and therapeutic areas.

The intern evaluates potential transactions and supports project execution through market, strategic, financial, and operational analysis; valuation and scenario modeling; deal structuring and negotiation; due diligence coordination; and preparation of presentations and recommendations. The intern works with cross-functional project teams across corporate and business-unit functions, and may interact with senior leadership on special projects. The role typically supports four to six active projects at a time, often under tight timelines.

This is a full-time summer internship for a student currently enrolled in an MBA program graduating in Spring 2028. Participants must be able to work in the Minneapolis office four days per week from June 14 through August 20, 2027, and be eligible to work permanently in the U.S. without future employment-visa sponsorship.

Requirements

• Currently enrolled in a full-time MBA program, with a class of Spring 2028.
• At least 5 years of experience with an MBA.
• Eligible to work in the U.S. on a permanent basis without the need for future employment-visa sponsorship.
• Able to participate full time in the intern cohort in the Minneapolis office four days per week, from June 14 through August 20, 2027.
• For baccalaureate degrees earned outside the United States, a degree satisfying the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Nice To Haves

• Medical device or healthcare industry experience.
• M&A and strong valuation experience.
• Strong leadership skills.
• Excellent oral and written communication skills.
• Strong interpersonal skills, with the ability to influence and lead others.
• Strong organization and prioritization skills, with the ability to manage several projects simultaneously.
• Ability to perform under pressure in a dynamic environment.
• High degree of initiative and motivation.
• Strong strategic thinking.
• Ability to understand complex technical product information.

Responsibilities

• Evaluate acquisitions, strategic investments, partnerships, licensing opportunities, joint ventures, and divestitures in support of Medtronic’s long-term strategic objectives.
• Assess the strategic, financial, operational, and organizational implications of potential transactions, including risks, synergies, and integration considerations.
• Perform financial analysis and develop valuation, transaction, and scenario models to support investment recommendations.
• Present strategic analyses, transaction recommendations, and key findings to senior leaders.
• Lead core transaction workstreams and support cross-functional due diligence from evaluation through execution.
• Execute project requirements, conduct market and financial analysis, support deal structuring and negotiation, coordinate due diligence, and prepare presentations.
• Prepare and present proposals and recommendations to management.
• Partner with project teams across business development, marketing, research, finance, tax, law, human resources, purchasing and procurement, information technology, quality assurance, and regulatory functions.
• Work on multiple active projects, typically four to six at a time, often under tight timelines.
• Potentially interact with senior leadership on special projects.

Benefits

• Competitive salary and flexible benefits package.
• Health insurance.
• Dental insurance.
• Vision insurance.
• Health Savings Account.
• Healthcare Flexible Spending Account.
• Life insurance.
• Long-term disability leave.
• Dependent daycare spending account.
• Tuition assistance or reimbursement.
• Global well-being program (Simple Steps).
• Incentive plans.
• 401(k) plan with employer contribution and match.
• Short-term disability.
• Paid time off.
• Paid holidays.
• Employee Stock Purchase Plan.
• Employee Assistance Program.
• Non-qualified Retirement Plan Supplement, subject to IRS earnings minimums.
• Capital Accumulation Plan, available to Vice Presidents and above or subject to IRS earnings minimums.
• Temporary employees are eligible for paid sick time as required by applicable state law and the Employee Stock Purchase Plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern