F100 Finance Internship - Which Department to Choose?
I have an offer to work at a F100 tech company and was given a list of the departments that are available to interns and was told I could pick mine. The list is as follows:
· I/T Finance
· Commercial Sales Finance
· Consumer Sales Finance
· End User Computing / Client Finance
· Enterprise Solutions Group Finance
· Facilities Finance
· Financial Services
· Global Audit and Transformation
· Global Financial Services
· Global Operations
· Services Finance
· Software Finance
· Treasury
Goals: I want to intern in a department that will allow me to do relevant, intellectually-stimulating work. Want to ultimately work in a strategy driven department (FP&A, corpdev,etc.). Want to give myself options for next year's recruiting in case I hate corporate finance (other finance jobs, IBD, etc.). Long-term want to work in a department that is appealing to MBA admissions.
Thanks guys
Treasury
Treasury is probably the most preftigious. But I'd go with something that sounds interesting. Like Global Financial Services, that sounds kind of cool. Why don't you ask some folks who work there and get a gauge of what you think you'd like? Interns don't really do anything anyway.
Congrats on the offer.
If the company has a large emphasis on software, I'd definitely go for Software Finance. If it's an enterprise software company I'd go Enterprise Solutions Group Finance. Essentially I'd lean towards that company's specialty.
If those points aren't valid, I'd go: · Commercial Sales Finance · Consumer Sales Finance
Treasury could be an interesting option, but given your goals I would probably go another route.
Accountingbyday, I appreciate the response but can you please elaborate a little bit? Software is not a large emphasis with this company, so that rules out the first two. Which specific goals of mine does treasury not address that Commercial and Consumer Sales Finance do?
If your goal is FP&A or corp Dev, treasury is not related to those at all. Treasury can be cool depending on what you like, but it's largely dissociated from the company's products/strategy.
Baes on your stated goals, you want to be as close to the products and strategy as possible. For example, if you're working at Apple doing a finance internship in the iPhone or iPad divisions should be right at the top or your list.
GoIllini's suggestion of operations is a good one - operations is pretty important most places.
Feel free to PM me if you want to discuss specifics.
Apple has different divisions? I thought all their products were the same, the only thing that changes is the size of the screen?
It was hypothetical. Apple does have different divisions, but iPhone and iPad are actually both under iOS.
I'd shoot for global operations with treasury being my #2.
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