Best internships for business majors

Plan your Career with the Best Internships for Business Majors

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Seek to know some of the best internships for business majors? This blog post will make you understand everything about becoming an intern to build your career in a business-related field. One of the few ways to plan toward a successful career is to participate in an internship program, especially in an area that relates to business. Read on to explore many of these opportunities.

Overview of Internships for Business Majors

There are many internship programs for students majoring in business-related fields. Most of them are provided by top companies in the world, like Microsoft and Google. Internships for business students typically last for 12 weeks, giving participants a chance to work for a company of their choice during this period. Undoubtedly, considering one of the best internships for business majors can significantly help to have an enticing resume, which is impactful in kickstarting your career.

Benefits of Interning in a Business Major

Here are a few benefits of interning in a business-related field.

  • When you intern in an area related to business, you will be able to acquire several skills, such as problem-solving, teamwork, accountability, and organizational skills.
  • You will also gain the opportunity to explore the field and understand your area of specialization.
  • The best internships for business majors tend to build your resume, influencing a high chance of getting a job after graduation. Moreover, you may receive a full-time employment offer from the company where you had your internship.
  • An internship in a business-related field offers hands-on work experience and knowledge of the company’s operations.
  • It gives the insights required to set up your own business due to the skills and experience gained.

Types of Internships for Business Majors

The following are some of the best business internships open to students across different levels.

Sales and marketing internship

  • This internship position is common in newly established businesses and small companies. As a sales and marketing intern, you have many roles to perform, including collecting different types of data from marketing campaigns, updating sales records, conducting sales processes, and helping managers with negotiations. Besides, sales and marketing internship programs allow students to gain insights into the rises and falls of marketing and sales as a career.

Business development internship

  • The primary responsibilities of business development interns include recognizing potential clients, creating new relationships with them, maintaining client relationships, and attracting sales for the company. To become a business development intern, you must possess various skills and abilities. Among these are top-notch communication skills, multi-tasking skills, proficiency in Microsoft programs, and the ability to work in a fast-paced environment.

Management consulting internship

  • Students can also consider Management Consulting Internship programs, as they are one of the best internships for business majors. If you desire to work for a financial service or consulting company, you can apply to become a management consulting intern to have a profound knowledge of how to research, gather, and showcase information. When you are part of a Management Consulting Internship Program, you will have the chance to acquire various skills. These include proficiency in data collection, active listening, public speaking, problem-solving skills, effective communication, and information analysis.

Business management internship

  • As one of the top business internships, students aspiring to become a management consultant, business advisor, project manager, risk manager, or production manager can consider a Business Management Internship Program. There are undoubtedly numerous reasons to intern in business management, such as gaining a deep understanding of sales analysis and project management.

Product marketing internship

  • Many internship programs are available to students who want to learn more about marketing, build their skills, and gain experience relevant to the industry. Participating in a Product Marketing Internship Program will enable you to understand marketing basics, improve your communication skills, and learn how to create marketing campaigns. Some roles of product marketing interns include creating marketing materials and keeping an eye on competitors.

Business consulting internship

  • You can work as a business consulting intern in various establishments, allowing you to work with a company’s management, marketing, accounting, or HR team. Furthermore, business consulting interns may have to work independently to execute specific roles without inclusion in a team. Their responsibilities include conducting research, collecting data on projects, and presenting their research.

Accounting internships

  • It is best for students pursuing a Business Administration degree in Finance to apply for an accounting internship program. By so doing, they will gain exposure to several aspects of this career path. These include getting experience in accounts auditing, tax return preparations, understanding bookkeeping basics, and identifying the critical segments that positively influence a company’s performance.

Human Resources (HR) internships

  • HR internships are also one of the best internships for business majors. As an HR intern, you will be able to gather more experience in human resources management as you assist with the hiring process of new employees. While helping with audits and benefits packages, you will also discover various ways to motivate employees. However, all these will make you more confident in carrying out your roles, thereby creating a positive working environment.

6 Best Companies for Internships in Business Majors

The following are some of the companies that hire interns in business-related fields.

MasterCard Inc.

  • Founded in 1966, MasterCard is a public company headquartered in New York, USA. It is renowned as the world’s second-largest payment processor. MasterCard provides various financial services but mainly processes payments for debit, credit, and prepaid cardholders. The company has approximately 24,000 employees worldwide.

Amazon, Inc.

  • Established in 1994 by Jeff Bezos, Amazon is an American technology company with more than 1.5 million employees globally. Because of its vast workforce, Amazon is notable for being one of the largest employers in the world. It is also one of the five Tech Giants. Amazon’s operations focus on e-commerce, digital advertising, digital streaming, cloud computing, and AI.

Google LLC

  • Founded in 1998, Google is an American technology company headquartered in California, USA. The company is also part of the five Tech Giants, a grouping of the world’s biggest technology companies. Besides, Google is among the providers of highest paying summer internships for college students. It has about 140,000 employees.

The Goldman Sachs Group, Inc

  • Established in 1869, Goldman Sachs is a multinational financial services company and investment bank headquartered in New York, USA. The company is the world’s second-largest investment bank by revenue. It is also #57 on the list of Fortune 500 corporations in the US. In addition, the Financial Stability Board regarded the bank as a systemically important financial institution, meaning that its failure might cause an economic crisis. Goldman Sachs has about 48,500 employees.

L’Oréal

  • Headquartered in Clichy, France, L’Oréal is a personal care company established in 1909 by Eugène Schueller, a French pharmacist and entrepreneur. It is widely known as the largest cosmetics company in the world. Moreover, L’Oréal manufactures a variety of personal care products, including cosmetics, skincare, perfume, hair color, hair care, make-up products, and sun protection products. The company has a workforce of approximately 88,000.

Accenture Plc

  • Headquartered in Dublin, Ireland, Accenture is a professional services company established in 1989 as Andersen Consulting. The company offers Information Technology and management consulting services to clients worldwide. Accenture is one of the Fortune 500 companies. It has approximately 738,000 employees and is renowned as the world’s largest consulting firm due to its massive workforce.

Requirements to Intern in a Business-Related Major

To qualify for one of the available business internship jobs at any company, you must satisfy the following criteria.

  • Must be a student with full-time enrollment in a bachelor’s degree relating to business
  • Must have a CGPA of at least 3.0

Recommended for you: Preparing for your Internship Interview in Any Company or Organization.

Frequently Asked Questions

How much do business interns make in the United States?

According to Indeed.com, the average hourly salary of business interns in the United States is approximately $16.

What benefits can I get from interning with a business major-related company?

Some benefits to expect as an intern in a business major-related company include having a fantastic resume, acquiring new skills, and gaining relevant work experience.

Are there any paid internships for business majors?

Yes, many companies and organizations offer paid internships for students majoring in a business-related field. These companies include the New York Times, the Federal Reserve Bank of Atlanta, American Eagle Outfitters, Holland America Line, and Electronics Arts.

What skills do I need for a business major-related internship?

To intern in a business-related major, you need a range of skills. These include the ability to work independently, interpersonal, effective communication, adaptability, problem-solving, and organizational skills.

How can I find and apply for business major-related internships?

Students can easily find internship opportunities for business-related majors on the official website of renowned companies and organizations, like MTN Group, Microsoft Corporation, and MasterCard Inc. You can also apply for the internship program by following the instructions on the website.

Conclusion

To this end, expressing your interest in one of the best internships for business majors would be substantially beneficial to your future career. These programs offer everything you need to jumpstart your career in a business-related field, ranging from practical experience to new skills. So what else is keeping you waiting as we recommend these programs to you? Carefully choose one, find an internship opportunity with a company, and apply now.