EY-Parthenon Transaction strategy & execution, Operations, Summer Analyst Internship

About EY-Parthenon

EY-Parthenon is a global strategy consultancy. We challenge assumptions to design and deliver strategies that help improve profitability and long-term value. We have more than 9,000 professionals around the globe, working across three areas of focus:

1. Corporate & Growth Strategy: Developing growth strategies by providing in-depth market, competitor and customer insights.
2. Transaction Strategy & Execution (TSE): Developing, evaluating and executing transaction strategies across the whole M&A and investment lifecycle.
3. Turnaround & Restructuring Strategy : Rapidly creating, preserving and recovering value in urgent and complex situations.

This job opportunity relates to the TSE Operations Summer Internship Programme. In the UK, we are also recruiting for roles in other TSE teams and our Corporate and Growth Strategy team, please refer to separate opportunities listed for details of other roles available. Please note you will only be able to apply to one role at EY-Parthenon, so please ensure you are clear on where you want to apply before submitting your application.

About EY-Parthenon Transaction Strategy & Execution, Operations

We support our clients with the development, evaluation and end-to-end execution of their transaction strategy. Our teams help clients to prioritise investment, quantify and implement portfolio optimisation opportunities, and identify M&A targets to help achieve full potential.

You’ll be a part of the Operations team within TS&E that provides complete transaction life cycle support from due diligence through to helping clients achieve effective integrations and separations. The team also provide value creation services, helping clients to identify and deliver the right business improvement levers.

The TS&E Operations team work on a mixture of pre-deal analysis and due diligence (operational, carve-out and synergy), integration / divestiture planning and execution, value creation and operational turnaround for a mixture of corporate and PE clients. Working across the full transaction life cycle allows members of the Operations team to experience, and provide solutions for, a breadth of client challenges before, during and after a transaction takes place.

What will you be doing?

• You will be working with experienced project teams, supporting on pitching for new work through to executing engagements
• You will be supporting one of the many sectors we engage with on a daily basis such as Private Equity, TMT (Technology, Media and Telecom), Energy, and Health, Sciences and Wellbeing
• You will gain exposure to the deal/investment "engine” including the diligence process, valuation process, stakeholders involved (PEs, M&A teams, investment banks, legal team), bidder meetings and the deal negotiation process.
• Assisting with wider practice development tasks from recruitment through to learning and development.
• Supporting, and eventually taking ownership for elements of a wide range of service offerings, including:
  • Pre-deal analysis and due diligence (operational, carve-out, synergy identification and readiness assessment)
  • Integration planning and execution (integration/joint venture strategy and planning, synergy identification, validation and realisation, organisational/process/system design, and governance setup and execution)
  • Divesture planning and execution (stand-alone cost modelling, one-time cost analysis, separation planning and governance, day one/exit readiness, transitional service agreement (TSA) strategy and governance and stranded cost analysis)
  • Portfolio value creation and operational turnaround

You'll work with a high-performing, integrated team which focuses on a variety of global and local corporate clients and private equity clients. You'll have a diverse range of stretching experiences which will give you continuous learning and development opportunities as well as a great sense of achievement.

How will it be structured?

This summer internship programme is aimed at penultimate-year university students interested in complete immersion in the world of EY-Parthenon over eight weeks of hands-on work experience. Interns will be exposed to real-life transactions and take part in shaping the future of companies.

Below are some key details you can expect as a summer intern on the TSE operations team:

• As an intern, you will join one of our client-centric high-performing project teams and participate in creating value for our clients from day one.
• Over the course of your internship, you are exposed to a diverse range of situations within the transaction lifecycle in varying sectors and service offerings.
• You will learn from the best. Our UK&I TSE team is composed of over 250 exceptional and diverse people, including leaders across all sectors and service offerings.
• You will receive on-the-job training and develop analytical and problem-solving skills.
• You will gain first-hand experience with our partners and the work they do – all summer interns will shadow a partner for a day.

You will be connected with the global EY-Parthenon professional network for exposure with international teams and clients. At the end of the eight-week program, top-performing interns will be considered for fast-track opportunities following the completion of their degrees.

Who should apply?

The eight-week summer internship programme is aimed at penultimate-year bachelor’s and master’s university students with a keen interest in consulting and eager to learn more about M&A and corporate transactions.

What we offer

We offer an attractive remuneration package where you’ll be rewarded for your performance. Our comprehensive Total Rewards package includes support for adaptable working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.

Plus, we offer:

• Continuous learning: Through continuous training, coaching and mentorship, you’ll develop the mindset and skills needed to accelerate your career and become a transformational leader
• Real exposure: Opportunities to work on a wide range of projects and be exposed to a number of different business models, industries and companies
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
• Success as defined by you: We’ll provide the tools and adaptability, so you can make a meaningful impact, your way.

How to apply?

First of all, you need to be sure about which programme you want to apply to. Then click the ‘Apply now’ button of this page. You’ll then be taken to our job portal where you can start your application by creating an account. Once you have registered, you will need to find the correct role within EY-Parthenon Strategy, to do this please enter the following drop downs.

The exceptional EY experience. It’s yours to build.

Apply now.