FTI Consulting Internship positions are offered across all business fields. This includes economics and general consulting fields, depending on their project needs.
Are you considering applying for your management consulting internship?
FTI Consulting continues setting the bar high. FTI was recently recognized as a “Best Firm to Work For”, among several other accolades.
Read on if you would like to learn more about the internships offered by FTI Consulting.
Who Are FTI?
FTI Consulting, established in 1982, is a global leader in business advisory services, based in Washington, D.C. It is celebrated for tackling complex challenges across various sectors. With a presence in over 30 countries, FTI Consulting offers expertise in financial restructuring, forensic investigations, and economic analysis. It also excels in strategic communications and technology solutions.
The firm is well-known for its involvement in high-profile cases, such as the Lehman Brothers bankruptcy. It is often called upon for legal disputes, crisis management, and large-scale restructuring projects. FTI Consulting’s services span multiple industries, including financial services, healthcare, energy, technology, and real estate. It focuses on delivering data-driven insights and innovative solutions.
FTI Consulting is renowned for its multidisciplinary approach and deep industry knowledge. It is a trusted partner for corporations, governments, and law firms facing critical issues. This reputation underscores its role as a global business advisory firm.
What FTI Consulting Internships Do They Offer?
FTI Consulting offers internships across relevant business fields. This includes Corporate Finance, Forensic and Litigation Consulting, Health Solutions, Strategic Communications, and Technology.
The availability of internships varies depending on the area of work. Location is also a significant factor, and interns may need to be flexible.
Internships are traditional summer internships and tend to be eight weeks long.
What Will I Do as an Intern in FTI Consulting?
Interns are vital role players at FTI Consulting. Interns perform various tasks such as industry research, economic analyses, and financial modeling.
Interns are guided through the basics of what they are expected to do. Only once they are ready do they start their dedicated set of daily tasks.
The day-to-day tasks include:
- Preparing and reviewing financial models. Interns get to use Excel and financial databases such as Bloomberg and CapitalIQ;
- Using statistical software packages to perform econometric analysis of industry and market data;
- Company and market research. Interns need to understand what industry features are relevant to a particular project.
- Reviewing the regulatory landscape. Interns need to be able to draw parallels with the industry in which the client operates;
- Summarising your work in e-mails or memos;
- Presenting results and concluding the implications of same; and
- Taking responsibility for the quality of the final output.
Who Qualifies for an Internship at FTI Consulting?
Potential interns should be studying towards a Bachelor’s degree. A minimum cumulative GPA of 3.0 and a Major GPA of 3.0 are preferred.
Certain majors are preferred. This includes majors in Accounting, Business, Business Analytics, Computer Science, Construction Management, Economics, Engineering, Finance, Information Systems, Journalism, Political Science, Public Affairs, Public Relations, or a related field.
Applicant interns need to be numerate, logical, and inquisitive team players. FTI looks at intern characteristics regardless of the degree studied. Interns have the opportunity to prove their quantitative skills through results or experience. This includes projects that they have worked on and previous work experience.
Interns work in teams and alone. It is important that an intern can think and operate alone. Interns need to have the necessary creativity to get the task done.
Applicants should also be authorized to work in the country in which they are applying. It is important to be willing to travel back and forth to the client’s office.
Why Should I Do my Internship at FTI Consulting?
FTI Consulting offers interns a well-structured career path. In addition, interns have the opportunity to work within an excellent team environment. At present, FTI Consulting has an estimated 6,250 employees across all its offices.
Employees enjoy a variety of perks and benefits. For example, there is a guaranteed competitive salary and bonus plan in place for interns. Interns are both treated and remunerated as ordinary employees.
FTI Consulting offers generous paid holidays, time off, and flexible working hours. FTI also grants parental leave, which applies to both interns and employees.
FTI Consulting also matches 401k contributions up to a certain proportion. Other benefits include private medical insurance, life insurance, and income protection. Insurance benefits include flexible critical illness cover and a 5% employer pension contribution. In addition, all staff get holiday pay, discounted gym membership, and interest-free travel loans.
But it doesn’t stop there. All employees get free workplace snacks and drinks. There is even insurance for your pet!
FTI Consulting honors its Corporate Social Responsibility and giving back to its communities. FTI Consulting pays interns to volunteer at the cause of their choosing and offers to match charitable donations.
FTI Consulting is recognized as a “Best Firm to Work For” by Consulting Magazine. FTI is also recognized as one of America’s Best Management Consulting Firms by Forbes.
What Do Past Interns Think of FTI Consulting?
According to statistics by Glassdoor, 98% of past interns would recommend FTI Consulting to a friend. To top it off, 100% of past interns approve of the CEO, being Steven H. Gunby.
FTI Consulting offers an excellent work-life balance.
FTI Consulting takes diversity and inclusion seriously. Middle to top-level management is accessible to interns, unlike most large consultancies. This helps break down barriers within the workplace.
FTI has a great workplace culture enjoyed by interns. Interns receive lots of exposure and the opportunity to learn from others. (https://www.glassdoor.com/Reviews/FTI-Consulting-Intern-Reviews-EI_IE6069.0,14_KO15,21.htm)
How Do I Apply for an Internship at FTI Consulting?
FTI’s career portal advertises internships as and when vacancies arise.
Summer Internships open as early as September of the preceding year. The application process is online and through campus recruitment. Applicants get a response within a week on average. There is also only one round of interviews that past interviewees rated as “neutral” in difficulty.
Internship vacancies are available on the following link: https://fticonsult.referrals.selectminds.com/ftistudentcareers.
LinkedIn also has vacancies for FTI Consulting from time to time.
