The World Endeavors Select Internship Cohort in Madrid, Spain offers you and an exclusive group of up to 20 participants an unparalleled opportunity to gain professional experience, cultural insight, and expand your network while working in world-class companies. This prestigious program is designed for students and recent graduates looking to deepen their expertise in International Business, Finance, Law, and Computer Science.
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Program Overview
Why Madrid
Madrid, Spain’s capital, is not only a hub for culture, art, and history, but also a growing center for business and innovation. With a dynamic economy and a strategic position in Europe, it’s the perfect location for gaining experience in your field while soaking in the rich Spanish culture. From iconic landmarks to a thriving nightlife, Madrid provides a backdrop that will make your internship an unforgettable experience.
INTERNSHIP CAREER FIELDS
Our program offers exclusive internships across several key industries:
- International Business: Immerse yourself in global trade, strategy, and market development.
- Finance: Get hands-on experience in investment banking, asset management, and financial consulting.
- Law: Develop a strong understanding of international law and regulatory frameworks.
- Computer Science: Work on cutting-edge technology projects in software development, data science, and cybersecurity.
INTERN WITH LEADING COMPANIES
We partner with some of the most respected firms in their respective fields to provide you with meaningful internships that align with your career goals. Some of the companies where interns may be placed include:
- A leading European company in asset management and credit servicing, offering invaluable experience in finance and business operations.
- A global investment banking and asset management firm, perfect for interns looking to dive into finance, advisory, and mergers & acquisitions.
- A top international management consulting firm providing insight into strategy, risk management, and organizational transformation for industries like financial services and technology.
Program Highlights
Customized Internships
Tailored placements that match your academic background and career aspirations.
Global Networking
Cultural Immersion
Enjoy the richness of Spanish culture, language, and traditions with guided excursions and local events.
Professional Development
Gain real-world experience, refine your skills, and enhance your résumé with a reputable international internship.
Mentorship Program
More information about the World Endeavors Select Internship Cohort in Madrid
Language Requirements
The Select Internship Cohort in Madrid welcomes interns from all over the world, and we aim to make the experience accessible for participants regardless of their Spanish proficiency. Below are the language requirements and opportunities for language learning during the program.
LANGUAGE PROFICIENCY
- English: Since most internship placements, especially our first-class international company partners in this program, operate in English, fluency in English is essential. Interns are expected to have at least an intermediate level of English (B2 or higher) to effectively communicate in the workplace.
- Spanish: While Spanish is not a strict requirement for most positions, having a basic understanding of the language will significantly enhance your experience in Madrid, both professionally and socially, which is why we also include Spanish language classes in this program. Certain roles, especially in fields such as Law and Finance, may require a working knowledge of Spanish, depending on the nature of the work and the company. In such cases, we recommend having at least an A2-B1 level in Spanish.
SPANISH LANGUAGE CLASSES
To help interns make the most of their time in Spain, Spanish language classes are included for the first two weeks of the program:
- Classes from beginner to advanced are offered, taught by native Spanish-speaking teachers in small groups of up to 8 students.
- 20 group classes per week for the first 2 weeks are included Monday through Friday mornings from either 9am to 1pm, or 1pm to 5pm.
- A variety of engaging cultural and social activities: from museum visits to cooking classes to dance classes – are offered every weekday evening.
BENEFITS OF LEARNING SPANISH
- Improved Professional Communication: While many companies in Madrid operate in English, learning Spanish will help you communicate more effectively with colleagues and clients, especially in more localized or client-facing roles.
- Cultural Immersion: Mastering even basic Spanish will allow you to engage more deeply with Madrid’s rich culture, navigate day-to-day activities, and feel more integrated into the local community.
- Networking Opportunities: Speaking Spanish will broaden your networking potential within and outside the workplace, helping you form deeper connections with locals and other professionals.
Housing Options
We understand that finding the right accommodation is key to ensuring a smooth and enjoyable internship experience. As part of the Select Internship Cohort in Madrid, you can choose between two housing options:
HOMESTAYS WITH LOCAL FAMILIES
For a truly immersive cultural experience, live with a local Spanish family in a homestay. This option allows you to practice your Spanish, enjoy home-cooked meals, and learn about Spanish customs and traditions firsthand.
Benefits:
- A warm, welcoming home environment with a family eager to share their culture.
- Includes two meals per day – breakfast and dinner.
- Great for language immersion and cultural exchange.
- Private bedroom and shared bathroom.
- Safe and comfortable living, with support from your host family.
- Located within close proximity to public transportation to ensure a convenient and affordable commute to your Spanish classes and internship.
SHARED FLATS
Experience Madrid like a local by living in a shared flat with other interns, students and young professionals from around the world. This option is perfect if you want a balance between independence and the chance to meet new people. Flats are located in safe and vibrant neighborhoods, close to public transport, shopping, and cultural hotspots.
Benefits:
- Fully furnished apartments with Wi-Fi, kitchen, and laundry facilities.
- Located in central areas, allowing easy access to Spanish classes and internship locations.
- Private bedroom and shared bathroom.
- A great way to meet fellow international interns, students and young professionals.
Who should apply?
This program is ideal for students and recent graduates in International Business, Finance, Law, and Computer Science who are seeking:
- International work experience in prestigious companies
- Exposure to global markets and best practices
- Personal growth through cultural exchange
Program Fees
The cost of the World Endeavors Select Internship Cohort in Madrid is designed to cover all essential services, ensuring a seamless and rewarding experience from start to finish. Below is a breakdown of the fees and what is included in the program.
Program Fee:
- 8 Week Program: $5,780
- 10 Week Program: $6,525
- 12 Week Program: $7,270
Program Dates
The Select Internship Cohort in Madrid offers flexibility to accommodate students and recent graduates with different schedules. We run multiple cohorts throughout the year, giving you the option to choose a time that best fits your availability.
2025 Program Dates
- Summer Cohort
8 week: June 1 – July 26, 2025
10 week: June 1 – August 9, 2025
12 week: June 1 – August 23, 2024
Application Deadline: February 9, 2025 - Fall Cohort
8 week: September 7 – November 1, 2025
10 week: September 7 – November 15, 2025
12 week: September 7 – November 29, 2025
Application Deadline: May 18, 2025 - Spring Cohort
8 week: January – March, 2026
10 week: January – April, 2026
12 week: January – April , 2026
Application Deadline: October 6, 2025
The World Endeavors Select Internship Cohort in Madrid Includes
Payment Schedule
- Application Fee: A non-refundable application fee of $95 is due when you submit your application to the World Endeavors Select Internship Cohort Program.
- Program Deposit: Upon acceptance into the program, a deposit of $500 is required to enroll and secure your place in the cohort.
- Remaining Balance: The remaining program fee is split into equal monthly payments, with the final balance due 8 weeks before the start of your cohort.
Financial Aid and Scholarship
We offer a limited number of scholarships for eligible applicants, as well as for students from our Affiliate University partners.
In terms of Financial Aid, typically you would need to be earning credit for your internship in order to be eligible to utilize any financial aid. We have a school of record where you can earn transfer credit, or you may be able to work with your home institution for them to award credit for your program. We can help guide you through whatever option works best for you.
Frequently Asked Questions (FAQs) about the World Endeavors Select Internship Cohort in Madrid
Who is eligible to apply for the program?
The program is open to students and recent graduates (within 2 years of graduation) from around the world. Applicants should have an interest in International Business, Finance, Law, or Computer Science and a strong academic background.
Do I need to speak Spanish to participate?
No, Spanish is not required for most internships, as many of our partner companies operate in English. However, basic Spanish skills are encouraged for everyday life, and Spanish language classes are included with the program.
How long is the program?
Each cohort has options for 8, 10 or 12 weeks in duration, with cohorts available in Spring, Summer and Fall.
What companies offer internships through the program?
Participants are placed in leading international and Spanish companies.
What’s included in the program fee?
The fee covers the internship placement, housing, airport pickup, pre-departure and in-country support, professional development workshops, networking events, and cultural activities. Flights, meals (except in homestays), daily transportation and personal expenses are not included.
What types of housing are available?
Participants can choose from homestays with local families or shared flats with other international interns and students.
How do I apply?
You can apply by submitting your application on our website. Once you’ve applied, you’ll have an advisor at World Endeavors who will help guide you through the rest of the process. Shortlisted candidates will be interviewed by their intended host company before a placement is offered.
Are scholarships and financial aid available?
World Endeavors offers some scholarships, and we can provide guidance on seeking out external scholarships as well. We recommend that you contact your home institution’s financial aid office for questions about funding your program using financial aid.
What career development opportunities are included?
The program offers professional development workshops, mentorship, and networking events to help you build your résumé, enhance your skills, and connect with industry professionals.
What is the application deadline?
Application deadlines vary by cohort:
- Spring Cohort: October 6, 2024
- Summer Cohort: February 9, 2025
- Fall Cohort: May 18, 2025
Application Process for the World Endeavors Select Internship Cohort
We are excited that you’re interested in applying for the World Endeavors Select Internship Cohort! The application process is designed to ensure that we match you with the best possible internship based on your academic background, career goals, and personal interests. Below are the steps to apply.
STEP 1
SUBMIT ONLINE APPLICATION
Fill out an easy online form in just 5-10 minutes. You’ll provide personal details, educational background, and your preferred internship program, including location, cohort, and duration.
STEP 2
SCHEDULE A CALL WITH YOUR WE ADVISOR
After submitting your application, schedule a call with your advisor. You’ll need to submit your résumé and cover letter and complete a 20-30 minute video interview to discuss your experience and goals.
STEP 3
APPLICATION STATUS & ENROLLMENT
Following your interview, we’ll inform you of your application status. If you’re accepted, you’ll be asked to enroll by submitting a $500 deposit to secure your place in the program.
STEP 4
RESUME REFINEMENT & PREP
Join workshops with fellow cohort members to enhance your resume and sharpen your interview skills while we work on finding the best internship placement for you based on your field of study, skills, and professional interests.
STEP 5
HOST COMPANY INTERVIEW & OFFER
Once a potential host company expresses interest, we’ll arrange an interview with them. If they offer you a position, you’ll receive an internship agreement to review and sign, finalizing your placement.
STEP 6
PREPARE FOR DEPARTURE
In the weeks before your start date, you’ll get pre-departure guidance on travel, housing, visas, and cultural preparation, along with your program details and housing confirmation. You’ll meet your cohort again before arriving in-country.
Ready to apply?
The sooner you apply, the better your chances of securing your preferred internship placement and cohort. Start your journey to an unforgettable international experience! Apply below or reach out to our admissions team for more information.
