Business Development Intern

Date Posted:

2025-09-05

Country:

United States of America

Location:

OT221: GD - NEW YORK, NY One Penn Plaza, New York, NY, 10119 USA

Business Development Summer Intern

Role Introduction

Moving people. Shaping the future. At Otis, we take pride in leading the industry we founded – elevators, escalators and moving walkways.  We became an independent, publicly traded company in early 2020 and are excited about our future as we implement our Otis Vision Statement:  We give people freedom to connect and thrive in a taller, faster, smarter world.  We feel there has never been a better time to join our team.

Otis Worldwide is seeking a motivated and analytical undergraduate student to join our Global Business Development team as a Summer Intern to support strategic initiatives that drive growth and market expansion. This internship offers hands-on experience in market research, competitive analysis, and supporting strategy development within a global leader in vertical transportation.

This internship opportunity offers a hybrid model, requiring 2-3 days per week at our NYC branch office (1 Penn Plaza) and the remaining days working remotely.  

This is an exciting opportunity to gain exposure to real-world M&A and financial modeling as well as exposure to business development processes while receiving mentorship from experienced professionals in a global Fortune 500 company!

Key Responsibilities:

• Assist in identifying new business opportunities across target markets and customer segments.
• Assist with market research and analyze industry trends to support strategic decision-making.
• Support the development of business cases and presentations for internal stakeholders.
• Track and summarize ongoing deal activity, pipeline status, and post-merger integration efforts.
• Collaborate with the global Business Development team in EMEA, APAC, Americas, and China on various tasks and assignments.
• Participate in special projects (i.e., standardizing processes, process improvement)
• Help prepare presentations and reports for a diverse group of stakeholders.

To Be Successful, You’ll Need the Following:

Minimum Qualifications

• Currently pursuing a bachelor’s degree in Business, Finance, Economics, Engineering, or a related field
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Excel and PowerPoint
• Strong written and verbal communication skills
• Ability to work independently and in a team-oriented environment
• Requires someone who is proactive and a self-starter, comfortable with ambiguity as the tasks will relate to business needs

Preferred Qualifications

• Interest in corporate strategy, M&A, and industrial technology sectors
• Curiosity and eagerness to learn about global business operations

Salary Range:

The hourly range for this role is $21-22/hr.  We may ultimately pay more or less than the posted range, and the range may change in the future.  Pay within the range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, and business or organizational needs.  

Apply today to join us and build what’s next!

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day. 

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio.  

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.  

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.  

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.   

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do.  We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here.  

Become a part of the Otis team and help us #Buildwhatsnext! 

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com.

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