MBA SPONSORED SUMMER INTERNSHIPS AT MEMBER BANKS


2017 Summer Internship Program


 

Identifying and training the next generation is a key priority for many banks. The MBA summer program is a great way to introduce the next generation of bankers to learn about credit or some other area of banking. Member banks that would like to hire an intern through the Association’s Summer Internship Program must complete the bank application .

Students entering the credit training internship program are typically juniors that have taken accounting, economics and finance courses and have at least a 3.0 GPA.  Some have experience in micro- finance lending to small businesses in their local communities and have experience in originations, underwriting and writing credit memorandums. They bring these valuable skills to their internships and are a huge asset during the summer.

Banks interested in hiring interns for other areas of the bank such as retail banking, marketing, operations, and mortgage lending are also encouraged to apply for an intern through the program. Please submit a job description for the position you are seeking to fill.



February 13: Deadline for banks to submit enrollment forms
March 17: Application deadline for students
March 20: Intern applications available for viewing online
March 21:  Selected candidates interview may begin at banks
April 28: Notify association of intern selection
June 5: Internship begins
June 6: Orientation for interns and banks
July 28: Internship ends
(extended at the bank’s discretion)
Bentley University
Wednesday, February 15, 2017 
1:00 – 4:30 PM
Bentley Dana Athletic Center
Waltham, Massachusetts

UMass Amherst- Career Blast
Wednesday, Feb 15, 2017
10:00 AM – 3:00 PM
Campus Center Auditorium
1 Campus Center Way
Amherst, Massachusetts

Salem State University 
Thursday, March 2, 2017
4:00 –7:00 PM
Gassett Fitness Center Gym
Salem, Massachusetts

Bryant University Career & Internship Fair 
Wednesday, Feb. 22, 2017
5:00 –7:30 PM 
Smithfield, Rhode Island

Application: click here

Program cost:
The hire rate is a minimum of $12.50/hr. hour at 40 hours/week, without benefits. Some banks pay more depending on the geographic location.
$395 admin fee/ hired intern.


Testimonials

“I wanted to let you know that <intern> was one of the most dedicated and hard-working persons I have come across in some time. With support and mentoring from several individuals within the Credit Group, she was able learn and meet the basic requirements of the program and quickly excel to become an important contributor for the Bank over the last two months.  We are truly sad to see her go.
From our perspective, the program was a real success and we would very much like to be involved with the program come next summer
”.
Brett Hill, CRC, Senior Vice President | Senior Credit Officer, Radius Bank

“My experience this summer with the Mass Bankers Association internship at StonehamBank was one of the best I have ever had. I am so thankful for the opportunity.”  
J. Covitz , Intern

“I never would have been hired without the experience from the MBA internship program.”
M. Thompson, 2013 Intern, now an Associate Financial Analyst at a local bank.
 

Not ready to hire an intern? You can still help promote banks as a great place to start a career at a college fair.