PepsiCo (Finance)

1. 1Application

   Resume through the company's careers site. Many corp dev internships sit inside a finance rotational program, so the screen is the program's.

2. 2Recruiter or phone screen

   Why this company, why corp dev, and whether you know what the business sells and how it makes money.

3. 3First round

   A corp dev associate or manager. Your story, a deal the company did, valuation and accretion basics, and how a buyer thinks differently from a banker.

4. 4Final round

   Several team members and sometimes a business unit leader. A strategic case (should we buy, build, or partner), a deal critique, integration questions, and fit with an in house team.

5. 5Offer

   Often tied to a rotational program. Timelines follow the company's calendar, not the banks'.

PepsiCo does not state its process on its own site, so these are the usual stages.