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MasterCard MBA Summer Consultant LATIN AMERICA - Colombia, Mexico, Chile and Brazil in Bogota, Colombia

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a culture of inclusion ( for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Job Title

MBA Summer Consultant LATIN AMERICA - Colombia, Mexico, Chile and Brazil

The Data & Services team is a key differentiator for Mastercard, providing innovative services that help our customers grow. Focused on thinking big and scaling fast around the globe, this agile team is responsible for end-to-end solutions for a diverse global customer base. We combine traditional management consulting with our rich data assets and in-house technology to provide our clients with powerful strategic insights and recommendations.

Make an Impact as an Associate Managing Consultant Intern

As an Associate Managing Consultant Intern, you will collaborate with exceptional colleagues to help some of the world's biggest brands answer their most challenging strategic questions. Working with technology and data, you will gain broad exposure to a range of industries, including financial services, retail, restaurants, hospitality and more.

As an Associate Managing Consultant Intern, you will:

  • Lead small and large teams to solve our clients' strategic problems through data-driven solutions

  • Apply a range of quantitative and qualitative analytical techniques to identify client issues and synthesize the analysis into sound recommendations

  • Delegate to team members and own the overall project deliverables

  • Organize and structure project plans to meet deliverables at the project budget

  • Extract intellectual capital from engagement work and actively develop and share tools, methods and best practices across projects

  • Collaborate with motivated peers who are passionate about what they do

  • Mentor junior teammates on analytical and technical skill sets

  • Build strong relationships with senior-level clients and internal stakeholders to guide impactful decisions

  • Grow your career by receiving hands-on mentorship from an experienced people leadership team

  • Receive extensive training focusing on helping you build your existing core consulting skill set

  • Collaborate with colleagues across different areas of the organization and quickly gain exposure to business development, account management, and product management

  • From day one, have an opportunity for meaningful project leadership contributions, increased responsibility, and professional advancement

We are looking for passionate and talented professionals, who share our vision for helping our customers with their most urgent business needs, and we are recruiting for 3 career tracks that make up our team:

  1. Strategy & Transformation

Lead customers through sound decision making as they tackle strategic, tactical, operational, and transformational challenges, spanning across diverse topics including product, marketing, loyalty, innovation, and more. Apply a broad set of problem-solving techniques to improve overall performance and operations.

• Sampling of questions we help our customers answer:

o How can a global financial services institution be successful at entering a hyper competitive new market?

o How can a customer improve its operating model to better achieve operational, financial and strategic goals?

  1. Performance Analytics

Translate data into insights leveraging Mastercard and customer data. Get hands-on to design, implement & scale analytical solutions for customers across industries. Apply qualitative and quantitative analytical techniques using our enterprise applications (e.g., Hadoop, Spark, Kafka, NiFi, Python, Impala, and more) to synthesize analyses into clear recommendations and impactful narratives.

• Sampling of questions we help our customers answer:

o How does a financial institution's fraud/authorization metrics fare against competitors, and what are strategies that can help it be best-in-class?

o How is a technology customer’s market share changing over time, and are there any segments where the client is relatively under penetrated?

  1. Business Experimentation

Advise executives on business decisions by leveraging data and applying science to the way they run their business. Using Mastercard’s industry-leading Predictive Analytics SaaS platform, Test & Learn®, you will work with customers to identify their key priorities and then design and run business experiments to establish which ideas work, where, when and how to deploy them, and what not to do. In working with customers this way, you get to understand the full range of their business, from new product launches, marketing, loyalty, and pricing, to operations and strategy.

• Sampling of questions we help our customers answer:

o Where should a retailer open new stores to maximize profitability and minimize the cannibalization of nearby omnichannel sales?

o What bonus should be provided to someone opening a credit card account to entice them to use the card regularly?

Bring your Passion and Expertise

We recruit for and value the following core competencies:

  • Passion: Actively seeks responsibility and takes pride in delivering the highest quality results to our clients

  • Analytic Excellence: Demonstrates a strong aptitude for structured problem solving and quantitative skills

  • Business Interest: Clear interest in the world of business, and intuition for the way that companies make decisions

  • Rapid Growth: Eagerness to learn quickly, both through our structured training curriculum and organic development opportunities

  • Teamwork: Willingness to work within small teams to produce outstanding deliverables, with a will to win attitude

  • Integrity: Commitment to our values of honesty and integrity with a willingness to embrace and learn from our mistakes

  • Diverse Perspective: Brings a unique skillset or approach to the table in every client engagement or internal activity

  • Communication: Excellent written and verbal communication skills, with demonstrated leadership abilities


  • MBA Candidate graduating between Dec 2023 and August 2024

  • Completion of an undergraduate degree with 4+ years of general work experience or 2+ years of consulting work experience

  • Demonstrable management consulting, financial services, retail / commerce, and/ or project management experience

  • Proven record of leadership in a work setting and/or through extracurricular activities

  • Exceptional analytical, interpretive and problem-solving skills, including the proven ability to analyze large amounts of data and synthesize key findings and recommendations.

  • Strong presence & communication skills. Ability to communicate complex ideas effectively – both verbally and in writing – in English and the local office language(s).

  • Excellent client management & engagement management skills; collaborates well across multiple communication channels.

  • Experience with project and/ or workstream management and clear delegation, task ownership, and task management

  • Experience using data analysis or querying tools (e.g. SQL, SAS, Excel or Tableau) is an asset (particularly for Performance Analytics or Business Experimentation tracks).

Please include a cover letter and indicate your first and second track preference. This information will be leveraged to best match applicants with their desired tracks.

Track placement will indicate the types of projects where you will spend the majority of your time, however, we encourage and enable working across tracks to allow team members to acquire a diverse set of skills and experiences.

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard’s security policies and practices;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.

Everyone wants easier ways to pay;

we invent them.

Checkout lines are slow;

we speed them along.

Merchants want more sales;

we give them data and insights.

People need financial access;

we connect them.

Corporate purchasing is complicated;

we make it simple.

Commuters are busy;

we speed them on their way.

Governments need greater efficiencies;

we help create them.

Small businesses are virtual;

we give them access to a world of buyers.

Retailers want to fight fraud;

we provide the tools.

Requisition ID: R-177701