Samsung Research America calls application for Business Strategy Internship in STAR Labs in the United States of America. It is currently seeking individuals who share our passion and motivation to advance fundamental science and create revolutionary technological prototypes. Team members will have the intellectual freedom to cultivate their research roots by partnering with universities and publishing in leading scientific conferences and journals.

Summary 

The incumbent on Samsung Business Strategy Internship will report to the Head of Strategy of STAR Labs and be an integral member of the strategy team. He or she will help with all corporate-level strategies from strategic planning, long- and short-term roadmaps, business development, partnerships, product management and planning, and financial modeling, all as a part of the CEO’s core management team. In addition, he or she will work very closely with the PR, Communication, and Marketing team on external related activities.

Responsibilities 

• Developing both overall corporate-level business strategy, and specific recommendations to execute through partnerships, R&D, product development, and go-to-market.
• Developing market intelligence and insight on key industry trends (technology, IP, competitors, consumers, regulatory, etc.) and their strategic implications to STAR Labs.
• Collecting and organizing market data for various technology sectors/products by working with industry and research analysts and preparing market and technology summary overview materials as well as strategic landscape analysis.
• Preparing presentation materials and financial models.
• Collaborating with all internal teams to align on strategic directions.
• Tracking company-specific news and information and generating summary reports.
• Assist in business development, pilots, partnership, marketing, and PR
• Ability and willingness to travel.

Requirements 

• The preferred candidate should be a recent graduate or currently a candidate at an MBA program.
• Preferred candidates should have a bachelor’s degree in science and engineering, business administration, marketing, information technology, finance, or any other related field. An equivalent of the same in working experience is also acceptable.
• 2-5 years or equivalent prior work experience, preferably at a strategy consulting firm (technology client work), corporate development/strategy role at a major tech company, top tier investment banking (technology banking), tech-focused VC/PE firm.
• Technical degree in Engineering, Hard Sciences (Chemistry, Biology, Physics, Biochemistry) or Mathematics with excellent academic track record highly regarded.
• Demonstrable familiarity and knowledge of emerging technologies with an innate passion and curiosity for technology.
• Practical knowledge of finance and valuation analyses, strong analytical ability, and oral and written communication skills.
• Strong command of Microsoft PowerPoint, Excel, and presentation ability.

About Samsung 

Samsung is a South Korean multinational conglomerate that has a headquarter in Samsung Town, Seoul. Samsung is one of the most successful companies in the world. Moreover, notable Samsung industrial affiliates include Samsung Electronics (the world’s largest information technology company, consumer electronics maker and chipmaker measured by 2017 revenues), Samsung Heavy Industries (the world’s 2nd largest shipbuilder measured by 2010 revenues), and Samsung Engineering and Samsung C&T (respectively the world’s 13th and 36th largest construction companies). Other notable subsidiaries include Samsung Life Insurance (the world’s 14th largest life insurance company); Samsung Everland (operator of Everland Resort, the oldest theme park in South Korea); and Cheil Worldwide (the world’s 15th largest advertising agency, as measured by 2012 revenues.