Summer 2026 MBA Corporate Development Internship

Medtronic•Minneapolis, MN

11d•$115,000 - $115,000

About The Position

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world. A Day in the Life 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 the global leader in delivering healthcare solutions for over 70+ disease states in 150+ countries. The Medtronic Corporate Development group has primary responsibility for Medtronic Corporate Development projects including mergers and acquisitions, joint ventures, minority investments, technology licenses and divestitures. This role is fast paced, dynamic and provides unique access to Medtronic leadership. A Day in the Life 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

Requirements

Currently enrolled in a fulltime MBA program (class of Spring 2027)
5+ years of relevant work experience related to business development
Candidates applying for Medtronic’s Summer Internship Program must have current work authorization and be legally authorized to work in the U.S. 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.
Participants must be able to participate full time as part of our intern cohort: Monday, June 1st - Friday, August 14th, 2025

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 and in a very dynamic environment
A high degree of initiative and motivation
Strong strategic thinking
Ability to understand complex technical product information

Responsibilities

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.

Benefits

Medtronic offers a competitive Salary and flexible Benefits Package
We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Health, Dental and vision insurance
Health Savings Account
Healthcare Flexible Spending Account
Life insurance
Long-term disability leave
Dependent daycare spending account
Tuition assistance/reimbursement
Simple Steps (global well-being program)
Incentive plans
401(k) plan plus 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 earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)