Navigating the MBA Internship Journey

By Fundiswa Nkuta, MBA2024

After nearly a decade in financial services, including investment banking and private equity, I pursued an MBA to explore new career paths. This was a pivotal moment in my personal and professional life, and I aimed to use my MBA internships to test the waters in new countries or industries.

Preparation

My husband, who completed his MBA earlier, advised me to consider my post-MBA career options early on. I began by researching six industries, examining key players, remuneration, career progression, and lifestyle. This thorough investigation, including attending company events and networking, clarified my aspirations and uncovered new interests.

The preparation for interviews was intense. During my MBA program’s early stages, I dedicated time to drafting cover letters and interview preparation, even during holidays. Collaborating with fellow students and seeking guidance from my network helped me navigate the nuances of interviews across various industries and locations.

Key takeaways from this process include maintaining an open mind, not comparing your journey to others, and handling setbacks with resilience. This journey is a marathon, and maintaining a positive mindset and self-care is crucial.

Internships

I am grateful for securing three internships, which enriched my MBA experience. Internships are not common in South Africa, making this journey invaluable. Working in three regions and two new industries (consulting and asset management) was challenging and rewarding, pushing me out of my comfort zone and exposing me to multicultural teams and new environments.

My first internship was at PIMCO in London, where I gained insights into the UK and MENA markets. The dynamic market conditions provided a rich learning experience.

In Johannesburg, I interned with BCG, entering consulting for the first time. The supportive team helped me contribute to meaningful work addressing challenges in Africa.

My final internship with Kearney in Dubai and Riyadh expanded my understanding of global dynamics and emerging economies. The weekly travel between these cities offered insights into regional nuances and ambitious growth plans like Saudi Arabia’s Vision 2030.

Looking Forward

The South African proverb “umuntu ngumuntu ngabantu” (I am because we are) resonates with me. The support from the LBS community and my network was invaluable. Reflecting on these internships, I appreciate the diverse opportunities the MBA journey offers. The lessons, relationships, and personal growth from these experiences are invaluable assets as I embark on the next phase of my career.
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