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State Bank of India logo — State Bank of India Corporate Development / M&A Intern at State Bank of India
State Bank of India

Corporate Development / M&A Intern

InternshipWork from HomeJamshedpur, Jharkhand2 months31K/mo13 openingsImmediate / Rolling

About this internship

Start your career in corporate development and M&A with State Bank of India as a Corporate Development / M&A Intern in Jamshedpur. You will sit with a working team, use the same tools and systems they do, and own a defined piece of work from day one. About the role As a Corporate Development / M&A…

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Skills you'll use

Strategic ValuationSynergy AnalysisPost-Merger Integration (PMI)Financial ModelingDue Diligence CoordinationAdvanced ExcelMarket & Target ScreeningDeal Documentation SupportBoard Material PreparationScenario Analysis

What you'll do

  • Work on valuing targets and modelling the synergies behind a deal alongside the core team
  • Apply Strategic Valuation, Synergy Analysis, Post-Merger Integration (PMI), Financial Modeling to live, production-facing problems
  • Document your work clearly for reviewers and stakeholders
  • Participate in reviews and act on the feedback you receive
  • Collaborate across engineering, product, design or business as required
  • Follow the team's quality, testing and documentation standards

Who can apply

  • Pursuing or recently completed BBA/MBA (Finance / Strategy), B.Com/M.Com, CA/CFA candidates or B.E./B.Tech + Finance
  • Graduating batch 2025, 2026 or 2027 — final-year students and recent graduates welcome
  • 60% / 6.0 CGPA and above preferred; strong project work is considered alongside academics
  • Working knowledge of Strategic Valuation, Synergy Analysis, Post-Merger Integration (PMI) (or a genuine willingness to learn them)
  • Exposure to Financial Modeling, Due Diligence Coordination, Advanced Excel is an advantage
  • Clear written and verbal communication in English, and care with detail in your work
  • No prior work experience required — this is a fresher-friendly internship
  • Based in Jamshedpur, Jharkhand or willing to work from there for the internship period

Perks & benefits

Pre-Placement Offer (PPO) opportunityFlexible working hoursNetworking with senior professionalsInternship CertificateLetter of RecommendationStructured onboarding and a formal mentor at a large, established employer

Interview & selection process

4 rounds — typical selection flow for this role:

  1. 1Application screening & resume shortlisting by the talent team
  2. 2Practical assignment or case study with a short walkthrough
  3. 3Discussion with the hiring manager on the role and your fit
  4. 4HR discussion — stipend, start date, expectations and offer

About State Bank of India

State Bank of India operates in the banking & financial services sector and has an active presence in Jamshedpur. Interns here are put on real work from the start, because the team's view is that the fastest way to learn a craft is to practise it under people who already do it well — not to watch…
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