Posted in Internship Experience Stories, Total Reads: 294
Name: Abhishek Bansal
College: IIM Shillong
MBA Batch: 2014-16
Summer Internship Industry: Consulting
Location: Gurgaon, India
Profile: Business Analyst
Brief Project Description & Responsibilities:
- Understanding about the Venture Capital industry and the complete funding process
- Understand the parameters that VCs use for startup evaluation
- Identify the gap in the funding process and design a solution offering for the same
What was the overview of the project? Elaborate with some details
My project was a thought leadership project in which I had to design a solution offering for the Venture Capitalists so as to ease out their startup evaluation process. It involved both the primary and secondary research to understand the industry and gain some insights about the funding process by talking to the venture capitalists. I was given the complete control of the project and I enjoyed executing the project.
Share your daily routine & overall summer internship experience.
I used to start my day at 9 AM and in the first half of the day, I generally did secondary research on my project. Post-lunch I used to have calls with the Venture Capitalists and some follow-ups. I used to leave office at 6-7 PM. Overall my internship experience was very insightful and a great learning experience. It came as a reality check and I got to know about my strengths and weaknesses.
How was the selection process conducted?
The selection process involved an initial shortlist on the basis of profile and couple of rounds of interviews with the senior management & HR of the company.
What were your key learnings from the summer internship?
- Understanding about the Venture Capital industry
- Understanding of the corporate culture and the business communication
- Focus areas about my strengths and weaknesses
Three tips would you give to your juniors
- Take summer internship as learning opportunity
- Give your best as PPO/PPI is at stake
- Work on your weaknesses after you return from your summer internship