Summer Intern Associate Consultant (Dec 2024)

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results. 

Job Title

Intern, Associate Consultant (2025 Summer Internship)

The Data & Services team is a key differentiator for Mastercard, providing cutting-edge services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end-to-end solutions for a diverse global customer base. We combine traditional management consulting with our rich data assets and in-house technology to provide our clients with powerful strategic insights and recommendations. 

Make an Impact as an Associate Consultant Intern

As an Associate Consultant Intern, you will:

• Work on small teams to solve our clients' most challenging strategic problems
• Participate in volunteer and team-building experiences
• Begin to build relationships with clients to understand their business needs, seek strategic solutions and guide impactful decisions
• Grow by receiving hands-on mentorship from an experienced management team.
• Have an opportunity for meaningful contributions
• Collaborate with colleagues across different areas of the organization and gain exposure to business development, account management, and product management

We are looking for passionate and talented professionals, who share our vision for helping our customers with their most urgent business needs. We are recruiting for 3 career tracks that make up our team:

Strategy & Transformation 

Lead customers through sound decision-making as they tackle strategic, tactical, operational, and transformational challenges, spanning across diverse topics including product, marketing, loyalty, innovation, and more. Apply a broad set of problem-solving techniques to improve overall performance and operations.

A sampling of questions we help our customers answer:

• How can a global financial services institution be successful at entering a hyper-competitive new market?
• How can a customer improve its operating model to better achieve operational, financial and strategic goals?

Performance Analytics 

Translate data into insights leveraging Mastercard and customer data. Get hands-on to design, implement & scale analytical solutions for customers across industries. Apply qualitative and quantitative analytical techniques using our enterprise applications (e.g., Hadoop, Spark, Kafka, NiFi, Python, Impala, etc.) to synthesize analyses into clear recommendations and impactful narratives.

A sampling of questions we help our customers answer:

• How does a financial institution's fraud/authorization metrics fare against competitors, and what are strategies that can help it be best-in-class?
• How is a technology customer’s market share changing over time, and are there any segments where the client is relatively under-penetrated?

Business Experimentation

Advise executives on business decisions by leveraging data and applying science to the way they run their business. Using Mastercard’s industry-leading Predictive Analytics SaaS platform, Test & Learn®, you will work with customers to identify their key priorities and then design and run business experiments. In working with customers this way, you get to understand the full range of their business, from new product launches, marketing, loyalty, and pricing, to operations and strategy. 

A sampling of questions we help our customers answer:

• Where should a retailer open new stores to maximize profitability and minimize the cannibalization of nearby omnichannel sales?
• What bonus should be provided to someone opening a credit card account to entice them to use the card regularly?

Qualifications:

• Undergraduates with a target graduation date between June 2025 and December 2025
• Outstanding record of academic achievement
• Proven record of leadership in a work setting and/or through extracurricular activities
• Exceptional analytical and quantitative problem-solving skills
• Experience using data analysis or querying tools (e.g., SQL, SAS, Excel or Tableau) is an asset (particularly for Performance Analytics or Business Experimentation tracks).
• Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s)
• Only candidates who possess full legal working rights in Australia will be considered 
• Able to commit to an internship period from 4 December 2023 to 2 February 2024. 

Note: In your cover letter, please indicate your 1st and 2nd track preference. This information will be used to best match applicants with their desired tracks. 

Application Requirements: Please merge your CV, cover letter, and transcript into one PDF document and upload it during your application. 

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks come with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

• Abide by Mastercard’s security policies and practices;
• Ensure the confidentiality and integrity of the information being accessed;
• Report any suspected information security violation or the breach, and
• Complete all periodic mandatory security training in accordance with Mastercard’s guidelines.