2027 Intern - Corporate Development, Global M&A

IBM Corporate Development leads the company's M&A activities, including acquisitions, divestitures, and minority investments, in support of IBM's global strategy. The team oversees the full transaction lifecycle, from M&A strategy and target identification through evaluation, execution, and closing, in partnership with IBM's business units and corporate leadership. As a Corporate Development Intern, you'll work on live deals alongside associates and senior deal professionals. You'll see how transactions come together from start to finish, from the first look at a target through diligence, approval, and integration planning. It's a fast-paced team, and interns are expected to contribute real work from the first week. Key Responsibilities: • Researching industries and competitors to identify and assess potential targets that fit IBM's strategic priorities • Helping prepare presentations and investment memos for IBM's senior leadership • Building and updating financial models to evaluate acquisition targets, investment returns, and deal structures • Supporting due diligence by reviewing data room materials, tracking open items, and summarizing findings across legal, finance, tax, and business unit workstreams • Keeping deal timelines and workstream trackers up to date • Actively enrolled in an MBA program • Strong financial modeling and valuation skills • Strong Excel, PowerPoint, and communication skills • Available for a full-time internship in summer 2027 • One or more years of pre-MBA experience in investment banking, private equity, corporate development, transaction advisory, software strategy or product management, or technology consulting. • Technology M&A deal experience. • Interest in and experience with the enterprise technology sector, including enterprise software, AI, data, hybrid cloud, and IT services, through product management, strategy, corporate development, or a comparable field. • Familiarity with PitchBook or FactSet. . United States Enterprise Operations Hybrid Internship New York, US New York (0147) International Business Machines Corporation Artificial Intelligence Communication Consulting Corporate Development Enterprise Software FactSet Financial Modeling Investment Banking Mergers & Acquisitions Private Equity Product Management Strategy Valuation Transaction Advisory Hybrid Clouds Information Technology Services Technology Software Strategy