Summer 2026 MBA Corporate Development Internship at Medtronic

Minneapolis, Minnesota, United States

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Not SpecifiedCompensation

InternshipExperience Level

InternshipJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Currently enrolled in a fulltime MBA program (class of Spring 2027)
5+ years of relevant work experience related to business development
Current work authorization and legally authorized to work in the U.S. (no sponsorship provided; ineligible with temporary visas such as E, F-1, H-1, H-2, L, B, J or TN)
Ability to participate full time as part of the intern cohort: Monday, June 1st - Friday, August 14th, 2026

Responsibilities

Perform market analysis, financial analysis, deal structuring and negotiation, due diligence coordination, and preparation for presentations
Execute project requirements, financial modeling, and prepare and present proposals and recommendations to management
Interact with senior leadership on special projects
Work in close partnership with project teams across various departments including business development, marketing, research, finance, tax, law, human resources, purchasing and procurement, information technology, quality assurance, and regulatory
Participate in 4 to 6 active projects at any one time, often under tight timelines
Provide quantitative and qualitative analysis, industry research, reporting and internal communication services with team members
Investigate and communicate potential opportunities for process improvement as well as potential project initiatives
Work with teams operating within a service group, product group and/or project group
Assist with the development, monitoring, coordination and implementation of projects
Work with different departments including sales, marketing and business development to develop knowledge of industry and organizational processes

Skills

Financial Modeling

Market Analysis

Financial Analysis

Deal Structuring

Due Diligence

Negotiation

Presentation Preparation

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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