Summer Associate (MBA)

Asia & Africa
Internships
Internship

What is Alter?

Alter finds and scales the best tech ventures in the developing world. Our mission is to transform developing countries through high-growth entrepreneurship. We believe that traditional international aid fails to get at the root cause of extreme poverty: a lack of sustainable and scalable value creation. So, we find the top tech companies in the developing world that have the potential to create economic opportunity at scale in their country. We support not just high-growth ventures, but high-character founders - they’re not just building their companies, they’re defying all odds to build their countries and are inspiring others to do the same.

Alter was founded three years ago out of Stanford’s Graduate School of Business. Alter currently works with 12 ventures in Haiti, Cuba, Afghanistan, Bangladesh, and Myanmar, with operations launching in Nigeria and Pakistan this year. Since 2015, our ventures have created 2,334 jobs, now generate est. annual revenues of $492M+, and have provided basic services to 2M+ people.

 
What is the Alter Summer Associate Program?

The Summer Associate Program provides exceptional MBA students with the opportunity to work on key strategic initiatives alongside the leadership of our rapidly growing ventures - startups at the forefront of tech and business innovation in their markets. Fellows get to select their
host venture:

1. An Alter portfolio company: For Summer 2019, Associates can choose from our ventures in Nigeria, Kenya, Bangladesh, Pakistan, and Myanmar. Past projects include: creating a credit scoring system
for a mesh wifi venture in Myanmar and re-hauling the marketing strategy of the “OpenTable of Cuba.”

2. Alter: Students can also opt to work with us at Alter, working closely with the CEO or COO. Past projects
include: launching new countries and new services. Depending on the project, they may be based in SF, Boston, or in a current/new country.

Alter Summer Associates are instrumental to the growth and strategic operations of ventures that are creating economic opportunity in the world’s least developed places. Working alongside incredible entrepreneurs as they forge innovative paths in both their industry and country,

Program Structure:

Associates embark on project-based experiences lasting 8-12 weeks. Alter and host companies will provide housing, transportation, and a stipend that is more than sufficient to cover local living expenses. Alter will also support an Associate’s application for additional stipends from their business
school, for summers dedicated to nonprofits and/or startups.

Eligibility and Application

    • Open to 1Y MBA students at top business schools of all concentrations and professional experiences.(Our past Associates and current Alter Fellows have come from the military, management consulting, investment banking, government, nonprofit, and for-profit companies)
    • Ideal candidates have experience independently driving end-to-end projects, maintaining strong relationships with key stakeholders, and conducting in-depth analyses to determine gaps, opportunities, and solutions
    • Candidates are not expected to be fluent in any language except for English
    • Candidates are not expected to have experience in a specific industry/country
    • In addition to alignment with Alter values, an ideal candidate is ambitious, not afraid of risks, persistent, and wants to help transform economies in emerging marketsIn addition to an alignment with Alter’s values, an ideal candidate is ambitious, not afraid of risks, persistent, and wants to help transform the developing world.

Interview Process

    • 1st Round Interviews are with Alter's core team, centered around a small project; e.g., the analysis of a product idea or potential revenue stream for a venture, or a strategic decision for Alter.
    • For Associates interested in working at a venture: 2nd Round Interviews are with potential ventures of your choice to determine skills and culture fit.
We were once MBA students, too - we know how helpful prompt communication is. We also commit to extending offers as soon as we determine skills and culture fit. Sit back and relax (as much as you can) for the rest of Spring semester, knowing you’re about to embark on the greatest adventure of your life.

Round 1 application: due by Jan 14, 2019, on a rolling basis. Interviews start in Jan; offers made in Feb.
Round 2 applications: March 1st, 2019, on a rolling basis. Interview start in March; offers made in April.

Orientation starts in June, after which Associates live and work in their respective project locations for 8-12 weeks between May and September. Start and end dates are decided on a case-by-case basis..

For questions, please email recruiting@alter.global