Internship: Mergers and Acquisitions (non-thesis)
Start Date: September 2026
Duration: 6 months
Type: Internship (non-thesis)
Weekly Presence: 40h
Location: Amsterdam (at least 3x per week)
Please note: you need to be officially enrolled at the university for the whole internship duration!
Internship: Mergers and Acquisitions
Assist in advising Philips’ businesses on their acquisition and divestiture programs, thereby advancing Philips’ transformation journey as a global leader in Health Technology. The position provides a unique opportunity to experience M&A from a corporate value perspective within a very experienced M&A team, with a global scope. You will be working with large teams from businesses throughout Philips and operating independently, whilst dealing with dynamic and oftentimes challenging process timelines. Responsibilities rapidly increase for those who perform well.
The M&A team:
You are the part of the global deal team of Philips M&A is comprised of ~15 specialists and is responsible for advisory on and the entire execution process of different types of deals (buy-side and sell-side, joint ventures, large, midsize and smaller deals). You will be part of the team in Amsterdam (~5 people) where you will be working hand-in-hand with the integration and disentanglement teams. In recent years, Philips M&A has successfully completed over 30 international M&A transactions including. In 2020 - 2021 Philips completed the sale of its Domestic Appliances business (~EUR 4.4 billion), reinforced its connected care segment with the acquisitions of Biotelemetry (~EUR 2.3 billion) and Capsule Technologies (~EUR 530 million). In the most recent acquisition in 2026, Philips expanded its image guided therapy portfolio, acquiring Spectrawave advancing next-generation coronary intravascular imaging and physiological assessment with AI.
Your role:
Assisting the M&A deal execution process from inception to closing, including valuation and financial analyses (DCF and multiples), assisting/ managing due diligence processes, project management, drafting of process materials
Preparing presentations for the Executive Board, with and alongside people from Philips’ Business Groups and Markets
Performing company research and industry benchmarking using various databases (e.g. Capital IQ, Pitchbook)
You're the right fit if:
You have an excellent academic track record (preferably in Economics, Finance, Investments, or Econometrics)
You have a genuine interest in corporate finance, valuation, and financial markets
You are currently enrolled in a MSc program or last year of a Bachelor program.
You have a highly analytical mindset with a strong professional drive and work ethic
You are a strong and open-minded team player who can work with various nationalities and cultures
You have modelling experience in Excel and neat PowerPoint skills
You have fluency in written/spoken English (Dutch is not required)
You have relevant corporate finance, investment banking, or private equity internship experience which is preferred
How we work together
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week. Onsite roles require full-time presence in the company ’ s facilities. Field roles are most effectively done outside of the company ’ s main facilities, generally at the customers ’ or suppliers ’ locations.
Monthly full-time allowance between € 500 - € 700 gross, depending on educational level and if you would need to relocate to The Netherlands. If you will perform a part-time internship you will receive the allowance pro-rata.
Housing compensation, in case of relocating to the vicinity of the office, € 300,- net if location is in the vicinity of Amsterdam, € 255,- net for all other Philips locations. You need to provide a rental contract of the land lord, and your normal home-work travel distance need to be more than 50 km or travel time (one way trip) need to be more than 1.5 hours. Travel compensation, if you are not eligible for a free public transport card; you will receive max. € 192,- net. Paid holidays per internship term.
About Philips
We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help the lives of others.
• Learn more about our business .
• Discover our rich and exciting history .
• Learn more about our purpose .
If you ’ re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here .
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