Enterprise Strategy & Corporate Development Intern

About the role

At Cboe Global Markets, we provide the financial infrastructure that powers the global economy. As a leading provider of market infrastructure and tradable products, Cboe delivers cutting-edge trading, clearing and investment solutions to market participants around the world. Our internship program is built on three foundational pillars — develop, educate, and network — and runs from June to August, culminating in a final presentation and retreat. Interns work across multiple departments, gain exposure to exchange technology and operations through our Options Institute courses, and receive a real-world working experience that encourages academic, professional, and personal growth.

The Enterprise Strategy & Corporate Development team brings together associates from diverse backgrounds and skill sets. As an intern on this team, you will dive into industry and competitor research, financial analysis, and the strategic components of a global exchange, collaborating with industry experts and senior management in a dynamic environment.

Responsibilities

• Strategic Analysis: Conduct research on industry & product trends, competitive positioning, and market structure developments across various business lines and geographies.
• Financial Analysis: Build analytical frameworks and conduct financial analysis on business initiatives including business case development.
• Cross Functional Collaboration: Partner with teams across finance, product, data, and technology to assess new initiatives and align strategy with execution.
• Corporate Development support: Assist in evaluating potential acquisitions, partnerships, and investments including financial modeling, market sizing and valuation analysis.
• Management Presentations: Support the team in communicating to the Executive Management group through drafting slides and memos that distill complex analysis into actionable insights for leadership discussion.

Requirements

• Currently enrolled in a university or college program (graduate or undergraduate) with an outstanding record of academic achievement; must not be scheduled to graduate before December of the internship year.
• Pursuing a degree in Finance, Business, Strategy, Economics, or a related field.
• Strong analytical and problem-solving skills, quantitative and research skills.
• Ability to synthesize complex information into clear insights.
• High level of efficiency, accuracy, and responsibility with the ability to manage multiple assignments and priorities.
• Strong interpersonal and communication skills; comfort working in a fast-paced, team-oriented environment.
• Enthusiastic and self-motivated with a strong work ethic and willingness to learn.
• Must be able to commute to the Chicago, New York, or Lenexa office location.
• Must be legally authorized to work in the United States without the need for employer sponsorship now or in the future (this position is not eligible for visa sponsorship).

Qualifications

• Prior experience working in the financial industry, investment banking, consulting, private equity, or corporate strategy.
• Interest in capital markets, exchanges, or financial technology and familiarity with derivatives and market structure.
• Data analysis and problem-solving skills with attention to detail.
• Financial modeling skills.
• Proficiency in Excel and PowerPoint.

Benefits

• Competitive compensation
• 2:1 401(k) match, up to 8% match immediately upon hire
• Daily complimentary in-office lunch from local restaurants
• Endless free coffee and snacks
• Monthly in-office networking events and happy hours
• Associate Resource Groups (ARGs) and affinity groups for support and community building

Pay

The national new hire base pay range for this internship in the United States is $22.00 – $42.00 per hour. The range represents the minimum and maximum base pay target for new hires working full time; within the range, individual pay is determined by years of education completed. In addition to base pay, eligibility for the total rewards program may include benefits such as 401(k) with a generous company match and paid sick time.

Schedule

The internship program runs from June to August (full-time). Interns wrap up the program with a final presentation and retreat.