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Internship Rotational Development Program Jobs in Schaumburg, IL

Illinois Policy

Development Intern

Chicago, IL · On-site

$18/hr

This internship offers a hands-on opportunity to learn how a leading state-based think tank engages donors, advances its mission, and grows a world-class development program. About the Role The ...

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Internship Rotational Development Program information

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How much do internship rotational development program jobs pay per hour?

As of Aug 22, 2026, the average hourly pay for internship rotational development program in Schaumburg, IL is $16.73, according to ZipRecruiter salary data. Most workers in this role earn between $14.18 and $18.89 per hour, depending on experience, location, and employer.

What is an internship rotational development program?

An Internship Rotational Development Program is a structured internship that allows participants to work in multiple departments or roles within an organization over a set period. The goal is to provide interns with broad exposure to different business functions, helping them develop a diverse skill set and better understand how various teams collaborate. These programs are ideal for students or recent graduates who want to explore different career paths and gain hands-on experience before specializing in a particular area. Participants often receive mentorship and may have opportunities for networking and full-time employment upon completion.

How does an internship rotational development program facilitate exposure to multiple business areas, and what are the benefits of this structure for interns?

The Internship Rotational Development Program is designed to give interns hands-on experience in several departments by rotating them through different roles or projects over the course of the internship. This structure allows interns to gain a broad understanding of the organization, develop diverse skill sets, and identify which areas align best with their interests and strengths. Additionally, interns have the opportunity to build a wide professional network and receive mentorship from various leaders, which can enhance learning and future career prospects. This program is ideal for individuals who are eager to explore different career paths within the company before committing to a specific function.

What are the key skills and qualifications needed to thrive in an internship rotational development program, and why are they important?

To thrive in an Internship Rotational Development Program, candidates typically need a strong academic background, analytical thinking, and the ability to quickly learn new concepts, often supported by enrollment in or completion of a relevant degree. Familiarity with business software such as Microsoft Office Suite, data analysis tools, or industry-specific platforms is often expected. Adaptability, proactive communication, and teamwork are vital soft skills for excelling in varied assignments and collaborating with diverse teams. These skills and qualities are crucial for maximizing learning, building professional networks, and successfully transitioning between multiple functions or departments.

What is the difference between Internship Rotational Development Program vs Entry-Level Analyst?

AspectInternship Rotational Development ProgramEntry-Level Analyst
CredentialsTypically students or recent graduates, no specific certifications requiredBachelor's degree often required; certifications vary by industry
Work EnvironmentStructured, temporary, rotational assignments across departmentsFull-time, specialized role within a department
DurationUsually 3-12 monthsFull-time, ongoing employment
PurposeTraining, skill development, and exploration of career pathsPerforming analysis, supporting projects, and gaining industry experience

The Internship Rotational Development Program offers a temporary, structured experience for students to explore different areas within a company, while Entry-Level Analysts are full-time employees focused on specific analytical roles. Both roles provide industry exposure, but the internship emphasizes training and exploration, whereas the analyst position emphasizes ongoing contribution and specialization.

Internship Rotational Development Program jobs near you

Global Operations Military Development Program

Bank of America

Addison, IL

Full-time

Re-posted 10 days ago

Bank Of America rating

8.2

Company rating: 8.2 out of 10

Based on 530 frontline employees who took The Breakroom Quiz

50th of 171 rated banks

Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:

This job is responsible for assisting the Line of Business to deliver on priorities by supporting initiatives and strategies in a two-year rotational program for external veterans. Key responsibilities include supporting teammates and partners to execute and deliver on tactical plans to achieve strategic objectives. Job expectations include leveraging military experience and unique skills to further develop in the corporate environment by partaking in activities designed to foster teamwork, attending program events, and demonstrating Bank of America's vision and culture.

Locations | Dates:

  • Participants must be present in these locations for the duration of the program (No Exceptions) Charlotte, NC; Dallas, TX and Jacksonville, FL
  • February and June start dates

Responsibilities:

  • Develops and maintains effective, active working relationships with clients, business partners, team members, or external contacts that are relevant to the line of business.
  • Performs a variety of duties, often changing from one task to another varying in nature depending on workload.
  • Supports numerous activities including, but not limited to project management, data management, statistical analysis, and reporting.
  • Attends Military Development Program events.
  • Participates in projects that may be highly visible and may impact clients and associates.

Required Qualifications:

  • Served as a Junior Military Officer, Warrant Officer or Non-commissioned Officer in the U.S. Military with an honorable discharge and is within 24 months of separation from Active Duty, Currently Drilling National Guard or Reservists are eligible
  • Holds a 3.0 grade point average or greater from an accredited college or university
  • Demonstrates effective leadership, including the ability to coach others
  • Demonstrates strong analytical skills
  • Builds strong team relationships through effective communication and collaboration
  • Applies learnings and adapts to new information

Desired Qualifications:

  • Executes tasks under changing and ambiguous circumstances
  • Ability to effectively work and collaborate in a business environment

Skills:

  • Attention to Detail
  • Oral Communications
  • Problem Solving
  • Relationship Building
  • Written Communications
  • Adaptability
  • Business Intelligence
  • Critical Thinking
  • Collaboration
  • Risk Management

Shift:

1st shift (United States of America)

Hours Per Week: 

40

What Bank Of America employees say

Pay

Benefits

Hours and flexibility

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About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Social media

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