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Strategy & Business Development Intern

ITT Inc.
Stamford, CT Intern
POSTED ON 3/10/2025
AVAILABLE BEFORE 4/15/2025
At ITT, we have a clear purpose as an organization – to provide our customers with cutting-edge solutions to help solve their most critical needs across key global end markets. Our continuous improvement mindset drives our commitment to evolving our capabilities as a multi-industrial technology, manufacturing and engineering leader. With a strong global footprint of more than 100 facilities, we are well positioned to solve critical challenges for our customers around the world. Our locations include manufacturing facilities and global service capabilities in 35 countries. Through these worldwide operations and building on our heritage of innovation, our approximately ~11,000 team members partner with our customers to deliver enduring solutions that make a lasting difference and help the world move forward. ITT is headquartered in Stamford, CT, with sales in approximately 125 countries. The company generated 2024 revenues of $3.6 billion.

  • Motion Technologies: (Revenue of $1.4B; headcount of ~ 4,000; operates in 13 countries) manufactures brake components and specialized sealing solutions, shock absorbers and damping technologies primarily for the global automotive, truck and trailer, public bus and rail transportation markets.
  • Industrial Process: (Revenue of $1.4B; headcount of ~3,400; operates in 30 countries) manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts.
  • Connect and Control Technologies: (Revenue of $0.8B; headcount of ~ 3,800; operates in 10 countries) manufactures harsh-environment connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.

Position Summary

The S trategy & Business Development (SBD) Intern will have the opportunity to support the annual strategic planning process. This role will also support mergers and acquisitions by managing and screening the pipeline of targets, assisting with creati ng busines ses cases, and supporting due diligence on active deals.

Essential Responsibilities

Support VP, Strategy, Venturing and Integration with Strategic Planning and M&A activities, including:

  • Preparing specific market and competitive environment analysis and presentations to support senior management decision-making process
  • Collaborate with other business unit key managers and functions in defining the company strategy
  • Support Strategic Planning process
  • Support M&A targets identification, analysis, cultivation and Due Diligence activities
  • Support strategic initiatives business case development such as (but not limited to) entry strategies, footprint optimization, launch of new products, development of new processes

Position Requirements

  • Currently enrolled in a Business Programs (BS/MBA), in good standing
  • Prior experience in strategy, business development or consulting preferred
  • Demonstrated market & competitive research and analysis proficiency
  • Demonstrated strategic thinking abilities with strong analytical skill
  • Demonstrated ability to apply strategic framework to problem solving
  • Self-motivated / directed, and can easily function and stay organized in a high-demand, high-performance culture
  • Excellent verbal and written communication skills
  • Comfort tackling multiple projects concurrently, supporting multiple stakeholders
  • Strong data analysis capabilities and excel modeling (a plus)

Equal Pay Act Statement

We aim to pay our ‘ITT’ers’ fairly and competitively in the locations that they live and work. Pay-for-performance is a principle that we believe in, and employees are rewarded based not only on ‘what’ they accomplish, but also on ‘how’ they reflect ITT’s values. ITT offers a competitive salary and robust total rewards package, such as health insurance, 401(k), short and long-term disability, paid time off, growth and developmental opportunities, and other incentive compensation programs. Specific benefits are dependent upon whether or not the position is part of a collective-bargaining agreement. The salary offered to a candidate is based several factors such as candidate experience and qualifications, location, as well as market and business considerations.

Equal Pay Act Range

$22.00 - $25.00

Salary : $22 - $25

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