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FactSet MBA Strategic Finance Intern - Summer 2023 R18861 in New York, New York

Description
FactSet creates flexible, open data and software solutions for 180,000 of investment professionals around the world, providing instant anytime, anywhere access to financial data and analytics that investors use to make crucial decisions.

Internship Program Overview:

The FactSet MBA Strategic Finance Internship Program is a 9-week summer internship targeting high potential full-time MBA students in between their first and second year of study. The program will provide firsthand exposure to FactSet’s business and culture, while affording the opportunity for meaningful interaction with senior leaders both inside and outside of finance. The program is a critical feeder into FactSet’s Finance Development Rotational Program (FDRP), which includes mentorship, senior leader exposure and rotations across the Finance organization aimed to developing the next generation of strong leaders for the future.

Possible placement during the summer internship include:

• Financial Planning & Analysis

• Investor Relations

• Corporate Development and M&A

• Treasury

Interns will be embedded into the Finance organization and assignments over the summer will be impactful and require collaboration and ownership. Projects and team assignments will be based upon candidate’s technical abilities and interest, as well as the team’s need at the time. Successful interns will gain a foundation of the functional and organizational skills needed to contribute to a well-rounded career in Finance.

Example FP&A and Treasury activities and projects:

Accountability/Activities
Perform data mining and alignment of the firm type taxonomy, and present your findings to the FP&A team at the end of your internship
Network within the FP&A organization to learn about our function and build valuable connections and friendships
Meet members of the executive and senior management team by joining the online speaker series
Participate in social and networking opportunities for interns across FactSet this summer
Participate in a community service event (remotely)
Impact/End Result/Project Expected
Review current firm type taxonomy for FactSet clients, recommend enhancements and align with key stakeholders
Perform data mining on existing FactSet client taxonomy, benchmark with FactSet and external sources, and consider updates.
In parallel, conduct calls with key stakeholders and experts to gather insights and align on potential changes
Stakeholders include FP&A, sales operations, and Strategic Business Units (SBU) - align working group and develop a consensus for our enhancements
In a dynamic environment, be flexible and adapt as needed as leadership may provide feedback that adjusts the scope and timelines during project
Example Investor Relations activities:

Accountability/Activities
Assist in driving the earnings process across the organization, including creating materials to support earning calls, analyst meetings, and shareholder engagement
Assist in developing and executing repeatable business, operational and financial processes to further IR engagement
Execute ad-hoc financial/quantitative analysis and various reporting requests in support of finance initiatives
Creation and management of investor relations communications (i.e., press releases, IR site) and presentations
Conduct market research, trend analysis, monthly and quarterly investor reporting and prospecting and maintain IR databases
Impact/End Result/Project Expected
Creation of quarterly earnings materials, including script, Q&A, and quarterly reporting
IR best practices and procedures
Modeling and input for finance related initiatives
Analyst and shareholder engagement; expansion of shareholder base and coverage
Example Corporate Development and M&A activities and projects:

Accountability/Activities
Conduct research, synthesize findings, and propose recommendations to shape FactSet’s inorganic strategy and roadmap
Develop perspectives on the relative strengths, weaknesses, and implications of potential M&A opportunities
Formulate build/buy/partner/invest analyses and target selection criteria
Define the acquisition hypothesis and business case to ultimately drive strategic decisions
Facilitate the strategic evaluation, financial analysis, and due diligence of potential opportunities
Assist in post-acquisition program management activities coordinating across multiple cross-functional teams
Impact/End Result/Project Expected
Recommendations to shape FactSet’s inorganic strategy and roadmap
Drive strategic decisions on M&A
Support evaluation and execution of potential opportunities
Maintain best-in-class toolkits and playbooks for M&A
Successful post-acquisition execution of integration plans
Required Skills:

MBA candidate with experience or desire to work in financial and/or fintech industry
Preferred work experience of at least 2 to 4 years
Exceptional verbal and written communication skills, including the ability to influence and communicate effectively across all levels of an organization
Strong analytical skills and the ability to translate analytical findings into actionable solutions and processes
Natural curiosity and desire to rapidly grow in an ever-changing environment
Excellent interpersonal skills, collaborative approach, and a proven ability to work in teams
The ability to independently analyze large, complex data sets, identify and address issues in the underlying data, and recommend enhancements.
Proven project management experience to successfully define, manage and complete required steps for project within short timeframe
FactSet’s Internship programs are not eligible for immigration sponsorship
Our Culture:

As a globally inclusive community unified by the FactSet spirit of going above and beyond for each other, we enable our people to bring their whole selves to work and to join in, be heard, contribute, and grow. Our work environment fosters diversity, engagement, and productivity.

We value work/life balance and offer our employees a range of accommodations to help them achieve success both at work and in their personal lives. We are proud to have established a new working standard, aimed at preserving flexibility and trust while fostering creativity, innovation, collaboration, and mentorship.

Learn more about our benefits here.

The budgeted amount for this position in the states of Connecticut and New York is $30 an hour.

Company Overview:

FactSet Research Systems Inc. is a global provider of integrated financial information, analytical applications and industry-leading services for the investment and corporate communities. As a publicly traded company (NYSE:FDS | NASDAQ:FDS) recently added to the S&P 500 index, FactSet delivers superior content, analytics, and flexible technology to help more than 170,000 users see and seize opportunity sooner. For over 40 years, the company has served financial professionals, which include portfolio managers, investment research professionals, investment bankers, risk and performance analysts, wealth advisors and corporate clients. FactSet gives our clients the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists.

At FactSet, we celebrate diversity of thought, experience, and perspective. We are committed to disrupting bias and a transparent hiring process. All qualified applicants will be considered for employment regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or veteran status. FactSet participates in E-Verify.

FactSet is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual Orientation/Gender Identity

VEVRAA Federal Contractor
Request Priority Protected Veteran & Disabled Referrals for all of our locations within the state
The EEO is the Law poster is available here. https://www.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
FactSet Research Systems Inc. endeavors to make our website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Jennifer Passeck, Lead Recruiting Specialist, Human Resources at +1 (203) 810-2472 or recruiting@factset.com.
Equal Opportunity Employment Policy
It is the policy of FactSet Research Systems Inc. ("FactSet") to provide equal employment and advancement opportunities to all qualified employees and applicants for employment regardless of their race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, physical or mental disability, genetic information, protected veteran status, pregnancy, military or military reserve obligations, or any other class or status protected by law. This policy applies to all policies and procedures related to recruitment, hiring, training, promotion, compensation, benefits, transfer, discharge, and other terms and conditions of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. If you have questions concerning this policy, please contact the Human Resources department at +1 (203) 810-1000.

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