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Mastercard Australia

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4.4
  • 1,000 - 50,000 employees

2022/2023 Summer Internship, Associate Consultant, Mastercard Advisors (Dec 2022)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

    • Victoria

      Melbourne

Location

Sydney, Melbourne

Opportunity expired

Opportunity details

  • Opportunity typeInternship, Clerkship or Placement
  • SalaryAUD 60000 / Year
  • Number of vacancies4 vacancies
  • Application open dateApply by 31 May 2022
  • Start dateStart date 4 Dec 2022

Advisors combine traditional management consulting with rich transactional data assets and in-house technology to provide clients with powerful strategic insights and recommendations. With a unique transactional dataset and payment expertise, Advisors derive a deep understanding of consumer needs (e.g. spend behaviour & preference, travel preference etc.) and address complex challenges throughout the payment lifecycle - from card activation & payments app, to authorization & fraud. While specializing in the payments industry, Advisors also works with clients across multiple industries, including financial institutions, major retailers, airlines, travel operators, and other enterprises, leveraging data and insights garnered from within and beyond the Mastercard network.

Centred on data-driven technologies and innovation, the projects that Advisors work on revolve around three main elements that complement each other to generate actionable insights for clients:

  • Consulting Services: Traditional management consulting projects, focusing on developing strategic initiatives to solve business problems. Examples include customer value proposition development, debit segmentation, project management office, etc
  • Analytics & Insights: Leveraging Mastercard data and proprietary algorithms (e.g. segmentation, personification, etc.) to address business challenges & generate insights to support consulting services
  • Test & Learn: Using Mastercard's in-house software, help clients analyse large amounts of data, enabling business leaders to conduct experiments to optimise decisions and implement business initiatives at scale. Examples include retail space planning, marketing campaign / promotion design, location selection for opening of new stores, etc

The Advisors office in St Leonard's, Sydney is key within the ANZ and APAC region, with staffing opportunities available on projects across the region.

Make an Impact as an Associate Consultant Intern

As an Associate Consultant Intern, you will collaborate with exceptional colleagues to help some of the world's biggest brands answer their most challenging strategic questions. Working with technology and data, you will gain broad exposure to a range of industries, including financial services, retail, restaurants, hospitality and more. While working in close-knit teams, you will partner closely with senior stakeholders and be given real responsibility to make an impact for your clients from day one. In this setting, you will learn quickly and gain exposure to diverse business issues, gaining the experience required to lead key client engagements.

Early in your career, you will have the opportunity to build a broader set of skills and master a wider array of content, before you 'major' in any one product. This will inject more flexibility into your career path and at the same time make for a more engaging journey.

  • Work on small teams to solve our clients' most challenging strategic problems through data-driven solutions.
  • Collaborate with motivated peers who are passionate about what they do.
  • Build strong relationships with clients to understand their business needs, find strategic solutions and guide impactful decisions.
  • Grow your career by receiving hands-on mentorship from an experienced management team.
  • Have an immediate opportunity for meaningful contributions, increased responsibility, leadership roles, and professional advancement.
  • Collaborate with colleagues across different areas of the organization and quickly gain exposure to business development, account management, and product management.
  • Receive extensive training focusing on helping you build your core consulting skillset.

Bring your Passion and Expertise

We recruit for and value the following core competencies:

  • Passion: Actively seeks responsibility and takes pride in delivering the highest quality results and recommendations to our clients.
  • Analytic Excellence: Demonstrates a strong aptitude for structured problem solving and quantitative skills.
  • Business Interest: Clear interest in the world of business, and intuition for the way that companies make decisions.
  • Rapid Growth: Eagerness to learn quickly, both through Mastercard's structured training curriculum and organic development opportunities.
  • Teamwork: Willingness to work within small teams to produce outstanding deliverables, with a will to win attitude.
  • Integrity: Commitment to Mastercard's values of honesty and integrity with a willingness to embrace and learn from our mistakes.
  • Diverse Perspective: Brings a unique skillset or approach to the table in every client engagement or internal activity.
  • Communication: Excellent written and verbal communication skills, with demonstrated leadership abilities.

Internship period:  5 Dec 2022 to 3 February 2023 (firm)

Employment location:  3 positions in St Leonards and 1 in Melbourne

Please note that Mastercard will not be able to sponsor employment visa for foreigners.  You will need to have working rights in Australia for full-time employment (if you have a successful internship experience) to qualify for this position.

Work rights

The opportunity is available to applicants in any of the following categories.

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Citizen
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Permanent resident
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Australia
Australian CitizenAustralian Permanent ResidentAustralian Work Visa (All Other)
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New Zealand
New Zealand CitizenNew Zealand Permanent ResidentNew Zealand Temporary Work Visa

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Study fields
    Business & Management
  • Degree typesBachelor or higher
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Reviews

user
Graduate
Sydney
2 years ago

I support both strategy and platform projects by taking meeting notes, helping plan workshops/interviews and create presentation packs.

user
Graduate
Sydney
2 years ago

Software engineer, I focus on executing and maintaining tests and testing environments

user
Graduate
Sydney
2 years ago

I work on different types of projects within my team, but also get the opportunity to organise and facilitate events to connect with our external partners and clients. I also do a lot of market research and analysis in my role, which is great as I get to utilize the skills I gained from my Masters degree.

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About the employer

logo-mastercard-480x480-2024.jpg

Mastercard Australia

Rating

4.4

Number of employees

1,000 - 50,000 employees

Industries

Technology

Mastercard is a global technology company in the payments industry

Pros and cons of working at Mastercard Australia

Pros

  • I love all the opportunities for growth and development within MC. From early on in the graduate program, I have had exposure to high impact projects and can see and feel the difference that I make at work each day. I also love that we have such a social graduate program, with events organised regularly and plenty of networking opportunities with people from across the business.

  • Opportunities to work at forefront of payments technology and solve interesting problems; collaborative and respective working environment and culture with a strong focus on work/life balance and employee wellbeing; calibre of talent.

  • Ability to work on highly important value-add projects, clients and initiatives Senior leadership engagement day-to-day and involvement in broader initiatives Flexibility to rotate into different roles and work across teams

  • Good Culture, lots of team social and bonding opportunities, good personalities on the team

  • The innovative, fast-paced environment that encourages cross-divisional work and constant learning.

Cons

    • It was a tough learning curve at the start. Having never worked in the payments space, there was a lot of jargon and business processes that I didn't understand.

    • Being a larger, publicly listed organisation - we can be bogged down by bureaucracy and processes which are apparent to me having come from a start-up space previously.

    • The Melbourne office is relatively small when compared to Sydney and others, allowing for less network-building/work social scene.

    • Subject to global policies that don't always suit or consider the local situation; compensation is less competitive

    • The average age tends to be a little high so it can make organizing things like after-work drinks etc. more difficult than other places I have worked.