How to hire a mba internship

How to hire a mba internship, step by step

Here's a step-by-step mba internship hiring guide:

• Step 1: Identify your hiring needs
• Step 2: Create an ideal candidate profile
• Step 3: Make a budget
• Step 4: Write a mba internship job description
• Step 5: Post your job
• Step 6: Interview candidates
• Step 7: Send a job offer and onboard your new mba internship
• Step 8: Go through the hiring process checklist

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1. Identify your hiring needs

   The mba internship hiring process starts by determining what type of worker you actually need. Certain roles might require a full-time employee, whereas part-time workers or contractors can do others.

   Determine employee vs contractor status

   Is the person you're thinking of hiring a US citizen or green card holder?

   Yes

   No

   A mba internship's background is also an important factor in determining whether they'll be a good fit for the position. For example, mba interns from different industries or fields will have radically different experiences and will bring different viewpoints to the role. You also need to consider the candidate's previous level of experience to make sure they'll be comfortable with the job's level of seniority.

   This list shows salaries for various types of mba interns.

   Type of Mba Internship	Description	Hourly rate
   Mba Internship	Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.	$14-37
   Summer Analyst	Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information... Show more	$20-49
   Business Development Internship	A business development intern is responsible for supporting the organization's goals and objectives in providing the best services to clients and ensuring a smooth flow of operations with maximum productivity and efficiency. Business development interns observe the operational processes of the department and perform duties under the supervision of a direct manager or tenured staff... Show more	$12-20

   Show more

2. Create an ideal candidate profile

   Common skills:

   • Analytics
   • Internship Program
   • Project Management
   • Healthcare
   • Develop Recommendations
   • Competitive Analysis
   • Financial Models
   • Market Research
   • Emerging Technologies
   • Business Development
   • HR
   • Digital Marketing
   • Process Improvement
   • Tableau

   Check all skills

   Responsibilities:

   • Achieve record-setting accuracy for inventory planning through regression modeling.
   • Audit marketing strategy and deliver prioritized recommendations that lead to increases in KPIs as well as improved operational efficiencies.
   • Use of market research and analytics to determine optimal market positioning and differentiation strategy.
   • Conduct primary and secondary research in the healthcare industry to develop deep customer insights.
   • Establish company's leadership in regulatory compliance in e-commerce, financial services, healthcare and CRM.
   • Contribute to designing digital marketing plan, company website and setting up CRM (Salesforce / Apptivo) account.

3. Make a budget

   Including a salary range in your mba internship job description is one of the best ways to attract top talent. A mba internship can vary based on:

   • Location. For example, mba interns' average salary in mississippi is 49% less than in new jersey.
   • Seniority. Entry-level mba interns 60% less than senior-level mba interns.
   • Certifications. A mba internship with certifications usually earns a higher salary.
   • Company. Working for an established firm or a new start-up company can make a big difference in a mba internship's salary.

   Average mba internship salary

   $49,768yearly

   $23.93 hourly rate

   ---

   Entry-level mba internship salary

   $31,000 yearly salary

   Updated December 14, 2025

4. Writing a mba internship job description

   A mba internship job description should include a summary of the role, required skills, and a list of responsibilities. It's also good to include a salary range and the first name of the hiring manager. Below, you can find an example of a mba internship job description:

   Mba internship job description example

   The Intuit Finance FP&A team is critical in driving business growth and profitability through strategic, financial and operational leadership. Our interns have opportunities to apply their knowledge into real-world problems such as financial modeling, analysis, system database management and multiple other areas.
   
   The primary objective of our summer internship program is to bring highly talented people into the organization. Summer internships are a direct pipeline to full time positions in strategic positions with frequent exposure to company leaders, core businesses, and technologies - where you can quickly make meaningful contributions.
   What you'll bring
   
   + Currently enrolled in an MBA program with an emphasis in Finance, Accounting, Economics, or a related field.
   
   + 3-5 years of experience within FP&A function or equivalent tenure from related positions in corporate finance, accounting, investment banking, consulting or strategy
   
   + Advanced Proficiency in Microsoft Excel to analyze complex business scenarios by building/improving financial models. Tableau and Hyperion EssBase experience a plus.
   
   + Highly motivated, self-starter with ability to work independently in a fast paced environment, simultaneously manage several priorities, and challenge the status quo to lead change and operational improvements.
   
   + Attention to details and ability to synthesize large volumes of data into insightful recommendations to the executive leadership team.
   
   + Ability to influence all levels of leadership to drive actions, behaviors, decisions and business outcomes
   
   + Strong written and oral communication skills with experience in presenting to business partners with confidence, conviction, and credibility
   
   + Grace under pressure with a good sense of humor and dose of humility
   
   + SQL experience a plus.
   
   How you will lead
   
   While each summer internship is unique, all roles offer the experience of a project which challenges you to apply your knowledge and expertise to real business problems. As this role involves constant interaction with senior non-finance stakeholders across the business, you need the confidence and emotional intelligence to effectively communicate at all levels. The ideal candidate has worked in the high-tech industry and enjoys operating in an extremely fast-paced, entrepreneurial environment.
   
   EOE AA M/F/Vet/Disability. Intuit will consider for employment qualified applicants with criminal histories in a manner consistent with requirements of local law.

   Copy this example

   

5. Post your job

   There are various strategies that you can use to find the right mba internship for your business:

   • Consider promoting from within or recruiting from your existing workforce.
   • Ask for referrals from friends, family members, and current employees.
   • Attend job fairs at local colleges to find candidates who meet your education requirements.
   • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.

   Post your job online:

   • Post your mba internship job on Zippia to find and recruit mba internship candidates who meet your exact specifications.
   • Use field-specific websites such as swipe files, exit five, marketinghire, american marketing association.
   • Post a job on free websites.

6. Interview candidates

   Recruiting mba interns requires you to bring your A-game to the interview process. The first interview should introduce the company and the role to the candidate as much as they present their background experience and reasons for applying for the job. During later interviews, you can go into more detail about the technical details of the job and ask behavioral questions to gauge how they'd fit into your current company culture.

   Remember to include a few questions that allow candidates to expand on their strengths in their own words. Asking about their unique skills might reveal things you'd miss otherwise. At this point, good candidates can move on to the technical interview.

   The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

7. Send a job offer and onboard your new mba internship

   Once you've decided on a perfect mba internship candidate, it's time to write an offer letter. In addition to salary, it should include benefits and perks available to the employee. Qualified candidates may be considered for other positions, so make sure your offer is competitive. Candidates may wish to negotiate. Once you've settled on the details, formalize your agreement with a contract.

   It's also important to follow up with applicants who do not get the job with an email letting them know that the position is filled.

   Once that's done, you can draft an onboarding schedule for the new mba internship. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

8. Go through the hiring process checklist

   • Determine employee type (full-time, part-time, contractor, etc.)
   • Submit a job requisition form to the HR department
   • Define job responsibilities and requirements
   • Establish budget and timeline
   • Determine hiring decision makers for the role
   • Write job description
   • Post job on job boards, company website, etc.
   • Promote the job internally
   • Process applications through applicant tracking system
   • Review resumes and cover letters
   • Shortlist candidates for screening
   • Hold phone/virtual interview screening with first round of candidates
   • Conduct in-person interviews with top candidates from first round
   • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
   • Conduct background checks on top candidates
   • Check references of top candidates
   • Consult with HR and hiring decision makers on job offer specifics
   • Extend offer to top candidate(s)
   • Receive formal job offer acceptance and signed employment contract
   • Inform other candidates that the position has been filled
   • Set and communicate onboarding schedule to new hire(s)
   • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)

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