Location: Madrid, Spain
Date Posted: Oct 30, 2025
Description
Internship Program – Strategy Consulting (Corporate Transformation Services)
January 2026 start for 6 months
About Alvarez & Marsal
Alvarez & Marsal (A&M;) is a general consulting firm with over 11,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M;'s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.;
In our Corporate Transformation Services team, we are experienced operators and world-class consultants with a shared commitment to telling clients what is really needed for turning change into a strategic business asset, managing risk and unlocking value at every stage of growth.
The team:
Alvarez & Marsal’s Corporate Transformation Services (CTS) business is rapidly growing its high-performance team. We are currently looking for an Intern to join our team based in Madrid, although serving the practice across the whole Europe, Middle East & Africa (EMEA) region.
You will have the opportunity to work throughout the value creation lifecycle of leading global companies, from corporate strategy design to growth strategy, expansion to new products or markets, M&A; processes, business transformation and value recognition.
A&M; CTS have a unique delivery model that enables junior members of the team to gain extensive exposure to Managing Directors and Senior Directors across international projects, thus empowering individuals to fast track their careers and development. As an Intern, you will be working closely with the rest of the team across EMEA and gain ‘on-the-job’ learning and development, leveraging on their substantial experience.
How you will contribute:
- Being an active part of the teams supporting companies and institutions in the corporate strategy design and value creation;
- Assisting on producing financial modelling and analysis including cash flow models and projections;
- Assisting on synthesising information after research and analysis into high quality client reports and recommendations;
- Help to produce integrated models with balance sheet, P&L; and cash flow, identifying key trends and red flags;
- Supporting Managing Directors and other senior members of the team with client pitch production;
- Find key information on companies reporting, know what to look for to understand company business performance and key information.
Qualifications:
- Studying at a leading University in Business Administration, Economics and / or Engineering, or equivalent;
- Excellent analytical and problem-solving skills;
- Excellent verbal and written communication skills;
- Ability to prioritise – especially in highly pressured situations;
- Some Excel modelling skills;
- Fluent business level English and Spanish is essential. Additional European language skills including French, German or Portuguese are highly desirable;
- Strong interest in a career within Strategy Consulting.
Inclusive Diversity
A&M;’s entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M;’s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are the main reasons our people love working at A&M.; Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M; way.
Equal Opportunity Employer
It is Alvarez & Marsal’s practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. .
Unsolicited Resumes from Third-Party Recruiters
Please note that as per A&M; policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M; will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.