How to Write a Resume for a Business Development Internship
Posted On October 18, 2022
Business development internships are an excellent opportunity to develop skills and knowledge while gaining real world experience. Although the majority of internships take place during the summer, you can find these throughout the year as well. However, it is important to consider your schedule before applying. The best thing to do is to talk to your school and see what internships are available to you.
A Business Development Intern will help a company expand its offerings to new markets by assessing the current business portfolio. They will also evaluate the competitive landscape, identify new business opportunities, and maintain relationships with existing clients. These individuals typically have experience in financial services, investment banking, or management consulting. This position also focuses on lead generation, marketing, and evaluating partnership opportunities.
A Business Development Intern works in a fast-paced, multi-tasking environment, and may even be required to travel. They must have the ability to work well under pressure and be able to adjust their work style as needed. They must be adaptable to new situations, and must be familiar with three important trends in the business world.
Business Development Interns support the goals of an organization by analyzing the market, creating reports, and supporting new lead creation. These individuals may also work with the leadership team to help them make strategic decisions. They will also assist in developing a marketing strategy and new products. They must be detail-oriented and have strong organization skills.
A Business Development Intern will receive hands-on training from their supervisor. They will work closely with a business development manager to learn the company’s products, target market, and competitive landscape. They will also learn about marketing strategies and how to write a presentation. Business Development Interns are normally accepted from fresh college graduates and final-year students in business administration, marketing, or sales.
Business development interns typically work independently, but they also collaborate with other departments. For example, they might need to coordinate with the marketing and sales teams. They should be able to take initiative, but also know when to ask for help. In addition, they should have strong communication skills. If you think you would enjoy working for a small startup, consider working as an intern in business development.
Business development interns are often responsible for providing feedback to salespeople. They also conduct market research and develop profiles of target markets. They may also file reports or format data. In some cases, business development interns also shadow people who have certain job titles. In addition, they may help with day-to-day tasks, such as writing documents or presenting presentations, or reaching out to potential clients.
A business development intern assists leaders by analyzing market data and creating reports. They also support the development of new markets and new products. They also create partnerships and search for new partnerships. As a result, business development interns are responsible for promoting and expanding a company. While they may not be directly involved in the day-to-day activities of marketing, they will be expected to contribute creative ideas that will further the company’s growth.
The salary for a Business Development Intern varies widely. The average salary for this job ranges between $25,000 and $36,000, but top earners can earn over $45,000 a year. This salary range varies depending on location and the number of years of experience in a given field.
As a business development intern, you will need to have a background in business administration and be motivated to learn more. You must have a passion for helping companies expand their product offerings and be ready to take on a leadership role. In addition, you must be willing to work long hours and meet project deadlines. You should also be able to negotiate well and remain calm under pressure.
In business development, you will support the goals of the organization and work closely with other departments to make sure all operations run smoothly. You will also be required to research prospective clients, identify new business partners, and evaluate sales data to inform marketing strategies. You will also be expected to draft business plans, presentations, reference materials, and other documents. As a business development intern, you’ll manage several projects at once and need to be highly organized and detail-oriented.
You’ll have the opportunity to work in a business development environment in the Environment and Infrastructure business development group and gain hands-on experience with the federal acquisition process. Your tasks might include developing a capture strategy for science-focused opportunities, creating call plans, preparing capabilities briefs for government customers, working with scientists to quantify potential markets, and assisting with compliance. A business development intern will learn best practices and gain valuable experience.
Business development interns are primarily employed in the technology and internet industries. In general, the pay for this position is higher than that of a marketing or sales internship. A business development intern in this field will earn an annual salary of $36,190. This is compared to $34,480 in the media and telecommunications industries.
Examples of a resume
For your resume to be effective, you need to talk about your achievements and highlight how your skills and experience can help the business. The best way to do this is to include quantifiable metrics in your experience. For example, you can discuss how you have increased sales by implementing marketing campaigns, or how you improved customer retention by improving conversion rates. When creating your resume, you should format it in reverse chronological order, with the most recent experience listed at the top, followed by the oldest.
Formatting is very important. Choose a format that is easy to read and highlights your professional development. Use a 24-point font for your name, and use 20-point font for the job title. You should also make sure that you use a standard font size, and avoid using any illegible fonts. You should also submit your resume in Word or PDF format.
Include the highest level of education, the years in the workforce, and any specialized certifications. These details can give you an edge over other applicants. For example, if you’ve made millions of dollars selling a product, your experience with the product will make an excellent selling point. Ensure that you also highlight your key achievements in a separate section. Your resume should be professionally written. Use action verbs and an active voice. Make sure to use consistent punctuation. Your resume should be written in the past tense. Highlight your skills in increasing conversion rates and revenue. Some good examples of such skills are targeted advertising, answering customer questions within minutes, and multi-channel outreach.