Summer Internship Stipends

2024 STIPEND FUNDING APPLICATION

Internship Description

Would you like to work on the senior team of a private equity portfolio company? Does the idea of joining a scaling tech company sound appealing? Are you interested in owning and running your own mid-sized business?

The Heizer Center Growth-Stage Summer Internship Program is an opportunity for MBA students across a spectrum of career paths to make meaningful contributions to growth-stage companies in a variety of industries. It will be of special interest to students who wish to:

• Recruit for "PE Ops" programs or other hands-on roles in PE portfolio companies
• Join scaling venture-backed technology businesses
• Raise a search fund to acquire a company, either right after graduation or in the future
• Return to an operating role in a family-owned business
• Join a PE firm in an investing role
• Recruit with consulting firms

Stipend Requirements

Through this program, students can apply for a $7K matching compensation stipend, and must secure a minimum of $6K and a maximum of $9K in additional compensation from the internship employer. Application requires a signed offer letter and will be reviewed for approval by Heizer Center staff. We offer this stipend funding on a first-come, first-served basis over the winter and spring quarters until our available pool has been fully allocated. Stipends are restricted to current Kellogg students.

Application Process

Interested students should submit a Summer Stipend Application. We will begin posting pre-approved positions in mid-January. Students are also welcome to recruit host companies that meet our eligibility criteria on their own.

Company Eligibility

Host companies may span a variety of industries and functions, however they must also meet the following criteria:

• Have annual revenues of at least $3 million
• Be an operating company (internships at investment funds, including private equity, venture capital, and search funds are not eligible)
• Provide the intern with direct interaction with company senior management
• Provide between $6K-$9K in compensation to student intern

In order to ensure that interns will have a meaningful work experiences, we ask each participating company to scope out a project (or several alternative projects) related directly to a strategic priority. We also ask our hosts outside of the Chicago area to consider an additional living expense allowance, assuming that students will be working on-site.

Companies interested in becoming a Heizer Growth sponsor should contact Professor Karin O'Connor for more information.