Business Development Intern

Job Description

Business Development Intern | Siemens Healthineers

The Tone:
This is an internship at Siemens Healthineers, located in Palo Alto, CA. Siemens Healthineers develops leading medical technology and a crucial portfolio for clinical decision-making and treatment pathways globally. This role supports the strategic expansion and development of innovative cancer treatment technologies, directly contributing to the company’s mission of pioneering breakthroughs in healthcare for everyone, everywhere.

The TL;DR
• Role: Internship
• Location: Palo Alto, CA
• Pay: $35–$45 hourly
• Team: Varian’s Strategy & Business Development team
• Mission: Support the evaluation of potential acquisitions and investments to help shape future corporate strategy in cancer treatment technologies.

What You’ll Actually Do
• M&A Support: Support the screening, evaluation, and due diligence of M&A and investment opportunities, including early-stage venture capital investments, product development partnerships, and structured transactions.
• Financial Analysis: Perform detailed financial analyses and build complex financial models to assess valuation, risk, and strategic fit for acquisition and investment transactions.
• Market Research: Conduct market analysis and competitive landscaping across oncology and related healthcare segments to inform strategic decisions.
• Data Synthesis: Distill large volumes of qualitative and quantitative data into actionable, data-driven recommendations for various business development initiatives.
• Leadership Briefing: Prepare presentations, investment materials, and briefing documents for senior leadership to communicate findings and recommendations.

The Must-Haves
• Background: Currently enrolled in a full-time MBA program, seeking hands-on experience in business development and strategy within the healthcare sector.
• Experience: Related pre-MBA professional experience is preferred in fields such as investment banking, management consulting, venture capital, private equity, or strategic finance.
• Skills: Demonstrated ability to create complex financial models with a strong understanding of core finance and accounting principles; proven ability to conduct market analysis and competitive landscaping and translate results into effective communication tools (e.g., presentations); strong project management and communication skills; proven ability to multitask, operate independently, and maintain attention to detail.
• Work Authorization: Permanent work authorization in the U.S. is required.