Healthcare Summer Internships at HBS
Shalini Srivastava, O
Issue date: 4/23/01 Section: Special Medical Insert
Pharmaceutical companies popular with HBS students include Novartis, Merck and Pfizer. These firms typically offer opportunities in the marketing department. Pfizer is based in New York City and has hosted students to learn about the subtleties of market management while enjoying the excitement of the city. Merck is located in New Jersey and is very interested in hiring HBS students. Both Merck and Pfizer are renowned for their marketing capabilities. Eli Lilly is based in Indianapolis. Lilly has been a strong supporter of HBS students and several career paths have sprouted from summer experiences at the company. Cecilia Gonzalo spent her summer there this year.
Medical Devices. A field that is dominated by several large companies, yet has thousands of smaller firms surviving is medical devices. This industry is predicted to grow to over $200 billion in the next decade. Minneapolis-based Medtronic dominates the field. Bill George, the dynamic CEO of Medtronic is an HBS graduate and has won awards such as “best manager” and “most ethical company.” The company has summer internships available in Minnesota as well as California. Guidant is a spin-off of Eli Lilly that has grown extremely rapidly in the 1990s. Guidant is based in Indianapolis and has branches in California. HBS students spent the summer in the companies west coast offices and had great experiences working with top executives.
Biotechnology. A host of biotech companies have connections to HBS. On the west coast, Genentech is one of the oldest and most successful biotechs. Others include Affymetrics and Amgen. In Boston, some key companies are Millennium, Genzyme, Biogen and ImmunoGen. Some of the other stronger biotech companies are Immunex, Cephalon, and Vertex. Mary Lynch spent her summer internship working in the biotech sector this year.
Consulting. Many HBS students enter the healthcare field through work in consulting. The big players such as McKinsey, Bain and BCG all have significant healthcare practices. McKinsey’s focus is on pharmaceuticals, and its New Jersey office heads up the practice. Several HBS students had rewarding summer internships with McKinsey working on pharma projects. Interns at Bain also had their share of healthcare work, possibly focused on smaller companies and those in the start-up phase. BCG has a well-know healthcare practice that has strong relationships with several of the Boston area hospitals. Smaller, boutique consulting firms that have a larger percentage of healthcare clients are Vertex Partners, The Advisory Board, The Wilkerson Group and CSC Healthcare.
Medical Devices. A field that is dominated by several large companies, yet has thousands of smaller firms surviving is medical devices. This industry is predicted to grow to over $200 billion in the next decade. Minneapolis-based Medtronic dominates the field. Bill George, the dynamic CEO of Medtronic is an HBS graduate and has won awards such as “best manager” and “most ethical company.” The company has summer internships available in Minnesota as well as California. Guidant is a spin-off of Eli Lilly that has grown extremely rapidly in the 1990s. Guidant is based in Indianapolis and has branches in California. HBS students spent the summer in the companies west coast offices and had great experiences working with top executives.
Biotechnology. A host of biotech companies have connections to HBS. On the west coast, Genentech is one of the oldest and most successful biotechs. Others include Affymetrics and Amgen. In Boston, some key companies are Millennium, Genzyme, Biogen and ImmunoGen. Some of the other stronger biotech companies are Immunex, Cephalon, and Vertex. Mary Lynch spent her summer internship working in the biotech sector this year.
Consulting. Many HBS students enter the healthcare field through work in consulting. The big players such as McKinsey, Bain and BCG all have significant healthcare practices. McKinsey’s focus is on pharmaceuticals, and its New Jersey office heads up the practice. Several HBS students had rewarding summer internships with McKinsey working on pharma projects. Interns at Bain also had their share of healthcare work, possibly focused on smaller companies and those in the start-up phase. BCG has a well-know healthcare practice that has strong relationships with several of the Boston area hospitals. Smaller, boutique consulting firms that have a larger percentage of healthcare clients are Vertex Partners, The Advisory Board, The Wilkerson Group and CSC Healthcare.
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