Internship
2024 Summer Intern: Economist Intern
Posted on 8/29/2023
Walmart
10,001+ employees
Operates hypermarkets and grocery stores globally
Compensation Overview
$51.5k - $377kAnnually
Bentonville, AR, USA + 2 more
- Applying behavioral economics - Use an understanding of behavioral economics to inform user experience design
- Third year undergraduate majoring in a quantitative field (e.g., Economics, Math, Statistics, Engineering, Computer Science)
- Passion for economics or experience assisting with academic research
- You're curious and a self-starter, naturally interested in learning more
- You're collaborative and uplift your team when you partner with others
- You enjoy hard problems
- You have knowledge of experimentation and causal inference methods
- PLEASE UPLOAD YOUR RESUME AND UNOFFICIAL TRANSCRIPT TO BE CONSIDERED
- Designing and analyzing experiments - Guide decision making by ensuring we understand the impact of potential changes through careful experimentation
- Performing causal inference - Leverage the latest in econometrics and statistics to understand the effect of changes we cannot run experimentally
- Framing and evaluating trade-offs - Define and weigh business trade-offs to drive strategic decisions under uncertainty
- Experience with analyzing large datasets (ideally coding in SQL, R, or Python) is a plus
Walmart operates a chain of hypermarkets, discount department stores, and grocery stores, providing a wide variety of products at low prices to everyday consumers, families, and communities. The company combines physical retail locations with an e-commerce platform, allowing customers to shop for groceries, apparel, electronics, and household items both in-store and online. Walmart's efficient supply chain management and large-scale purchasing enable it to maintain affordability, setting it apart from competitors. The company also offers financial services and health and wellness services, including pharmacies. Walmart's goal is to save people money and support communities, as demonstrated by its efforts during the COVID-19 pandemic and its commitment to social responsibility.
Company Stage
IPO
Total Funding
$5.5B
Headquarters
Bentonville, Arkansas
Founded
1962
Simplify's Take
What believers are saying
- Walmart's continuous expansion, such as the new high-tech fulfillment center in Greencastle, Pa., creates numerous job opportunities and supports local economies.
- The launch of new private label lines like Bettergoods demonstrates Walmart's ability to innovate and meet diverse consumer needs.
- Strategic partnerships, such as with Disney Advertising and the Indian Institute of Science, highlight Walmart's commitment to leveraging technology and data for business growth.
What critics are saying
- Store closures, like the one in Milwaukee, can lead to job losses and negatively impact community relations.
- The competitive retail landscape, including both physical and e-commerce platforms, requires Walmart to continuously innovate to maintain its market position.
What makes Walmart unique
- Walmart's extensive global footprint and diverse product range set it apart from competitors who may focus on niche markets or specific regions.
- The company's efficient supply chain management and large-scale purchasing enable it to offer low prices consistently, a significant competitive advantage in the retail sector.
- Walmart's commitment to community support, including health services and veteran programs, enhances its brand reputation and customer loyalty.
Benefits
PTO: Paid vacation, sick time, personal time and holiday time
10% discount on regularly priced general merchandise and fresh fruits and vegetables
6% 401(k) match to all employees, including hourly workers, after one year
Roth IRA available
Associate Stock Purchase Plan
maximum and eligible preventive care covered at 100%
Health reimbursement plans