Meet Marc...

 
Date of Birth: 07.06.1993
Degree Program: Business Administration (B.Sc.)
University: Westfälische Wilhelms-Universität Münster (WWU)
Previous Internships: Verbraucherzentrale Baden-Württemberg (Finance), Volkswagen Financial Services AG (Accounting & ABS), Bertelsmann SE & Co. KGaA (Corporate Controlling & Strategy)
Student Challenger since: 2017

Describe your educational background. Where did/do you study, what degrees did/will you receive?
After my A-levels, I decided to do an apprenticeship at a bank. Afterwards I began to study Business Administration at the University of Münster. As part of my studies I spent my 5th semester abroad at the Hanken School of Economics in Finland. I will finish my Bachelor in September 2017 and plan to continue with a Master Program after a gap-year.

Describe your career history. What have been your professional experiences?

During my apprenticeship I learned a lot about the banking environment, investing, loans and insurances. But since I did not feel that I could advise people in the best possible way, I decided to do an internship at the German national consumer organization. There I experienced another perspective on customer advisory that was free from conflicts of interest and more transparent. This motivated me to learn more about finance. I gained additional knowledge about financial theories through working at the Chair of Finance at the WWU and my internship at VWFS. At Bertelsmann I worked on strategic goals from the Education and Investments division. Both are closely connected to the start-up environment, which has developed to one of my favorite subjects.

What attracted you to Bertelsmann and your internships? What is/was your favorite aspect about your job?
For me, Bertelsmann is an international, versatile company with lots of opportunities. I found it challenging and interesting to work in a media company that is influenced so much by digitalization and therefore has to reinvent complete parts of their business. After doing the internship, I could say that Bertelsmann is in a very good strategic position to master the upcoming tasks. My favorite aspect about the internship was to be an active part of this change by helping to shift and structure it in the right way. I felt that the results from my work had a real impact on the company and its future path.

What has been your most challenging/rewarding/exciting task or project thus far?     
Conducting and presenting a competitor analysis during my internship at Bertelsmann was probably the most challenging as well as rewarding task so far. It was a challenge to understand the education market as a whole with all its different segments, new emerging technologies, trends and new players who enter the market. All the effort was definitely worth it, because I was able to generate new insights and support decision making, which felt extremely rewarding.
    
What qualities do you feel are necessary to be a successful employee at Bertelsmann?
Bertelsmann wants to shape the future media landscape. Therefore it is crucial that you not only keep track on new developments but also are entrepreneurial and come up with new ideas. Furthermore, it is necessary to ask critical questions and work together in a team since most projects cannot be solved by a single individual.

What was/is a typical day during your internship like?
I had a few long-term projects to work on whenever I had time to. Nevertheless, it could always happen that I was asked to help with other, more urgent tasks. My tasks often built on one another. For example, after doing the competitor analysis, I could use my newly gained knowledge to conduct a profitability benchmarking in the same market.

What are your professional goals? Any others?
After graduating, I could imagine myself working in the start-up and venture capital environment, since those are the areas where you can have a high impact on future developments and society. I want to have a job that does not feel like a job but more like pursuing your personal interests and is in line with your values and believes.

If you have one word to describe Bertelsmann – what would it be?
Reinventional

 

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