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
Applications will be reviewed in January 2025. Due to the number of applicants, communication will be limited to those candidates who are advancing in the evaluation process.
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 skill
- Prioritization and influencing
- Leadership
Responsibilities may include the following and other duties may be assigned.
-- 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.
Internship Overview:
Full-time (temporary) salaried positions that are 11-12 weeks long (Monday, June 2rd - Friday, August 15th, 2025)
Hybrid in Minneapolis, MN.
Housing, relocation, and transportation assistance are provided for interns who are required to relocate for the summer.
We provide educational programming, social events, networking, and leadership exposure throughout the summer.
You will be paired with a Peer Mentor who is a Medtronic employee to help guide you through your internship.
High-performing Interns are considered for a fulltime role with the Corporate Development team.
You’re more than a resume – we want to hire, grow, and support you as a person. Whether you’re looking to connect with like-minded peer groups, foster your independence, or something in between, you will always feel at home here.
Must Have:
To be considered for a summer 2025 MBA Corporate Development internship, you must meet the following basic requirements.
Currently enrolled in a fulltime MBA program (class of Spring 2026)
Minimum of 5 years relevant professional experience
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 2rd - Friday, August 15th, 2025
Nice to Have:
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
About Medtronic
Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.
We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.
Physical Job Requirements
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
Salary ranges for U.S (excl. PR) locations (USD):115,000.00The base salary, $115,000.00 (annually) is applicable across the United States, excluding Puerto Rico and specific locations in California.
Medtronic benefits and compensation plans
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
At Medtronic, most positions are posted on our career site for 3-7 days.
