Corporate Development Summer MBA Intern

October 29, 2024

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Job Description

About PayPal:

PayPal is a global leader in digital payments, revolutionizing commerce for over 25 years. With a mission to empower consumers and businesses to join and thrive in the global economy, PayPal connects hundreds of millions of merchants and consumers across 200 markets.

Key features of PayPal:

Global network: Connects merchants and consumers for secure and convenient transactions, both online and in person.
Proprietary payment solutions: Offers unique payment solutions accepted by merchants, facilitating transactions on the platform.
Flexible account usage: Allows users to purchase, receive payments, transfer and withdraw funds.
Diverse funding options: Supports various payment methods, including bank accounts, PayPal/Venmo balances, credit cards, debit cards, cryptocurrencies, and gift cards.
Enhanced personal finance: Simplifies money transfers between friends and family through PayPal, Venmo, and Xoom.
Comprehensive merchant solutions: Provides authorization, settlement, instant access to funds, payouts, customer engagement tools, and risk management capabilities.
Global reach: Enables cross-border shopping for consumers and helps businesses expand their global presence.
Core values: Driven by principles of Inclusion, Innovation, Collaboration, and Wellness, fostering a thriving and inclusive work environment.

Job Description:

Corporate Development Summer MBA Intern

Position Summary:

This highly visible internship within PayPal’s Corporate Development group offers a unique opportunity to contribute to inorganic growth initiatives, working closely with senior executives and cross-functional teams.

Responsibilities:

Support Deal Leads: Assist in all phases of the deal process, from ideation and business case development to execution and integration.
Cross-Functional Collaboration: Coordinate with internal deal teams and serve as a liaison with target company management.
Strategic Analysis: Contribute to sourcing, qualification, strategic rationale, financial modeling, due diligence, and closing/integration planning.
Idea Generation: Actively identify and qualify new potential acquisition targets from internal and external sources.

Qualifications:

Passion for technology, finance, and commerce: Enthusiasm for the intersection of these fields.
Team-oriented and proactive: Demonstrated ability to work collaboratively, take initiative, and manage responsibilities.
Analytical skills: Proficiency in financial modeling, valuation analysis, and understanding key operational metrics.
Excellent judgment and communication: Experience interacting with executives and stakeholders, exhibiting strong communication skills.
Strategic thinker: Ability to analyze business opportunities and make informed recommendations.
Technological proficiency: Comfort working with technology and understanding its impact on the business.
MBA candidate: Currently enrolled in an accredited MBA program or related field.
Prior experience (preferred): Investment banking, private equity, venture capital, or corporate development.

Program Information:

Summer 2025 Internship: Open only for Summer 2025. Spring and Fall 2025 internships are not available.
MBA requirement: Must be pursuing an MBA from an accredited institution.
Return to school: Must be returning to school in Fall 2025.
U.S. residency: Must reside in the U.S. during the internship program.

Benefits:

• Flexible work environment
• Employee stock options
• Health and life insurance
• And more (visit https://www.paypalbenefits.com for details)

Additional Information:

Hybrid work model: 3 days in the office and 2 days remote.
Diversity and Inclusion commitment: PayPal is an equal opportunity employer.

Apply:

Talent Community: Join PayPal’s Talent Community for general consideration.
Specific application: Apply directly for the internship through the provided link (REQ ID R0119064).