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Christopher MacLeod Senior Financial Analyst
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I spent my summer supporting Best Buy Mobile which is a partnership between Best Buy and Carphone Warehouse, the leading independent retailer of mobile phones and services in Europe. Best Buy Mobile is one of the high-growth businesses within Best Buy with a goal to achieve 10% of the U.S. wireless market share within five years from 2% market share today. Best Buy Mobile shares many characteristics of a startup which provided a very exciting, fast-paced environment in which to work. I had the opportunity to work on many engaging projects over the course of my internship. I was responsible for the business case and valuation of several capital investment projects across different functions including IT systems upgrades, store and corporate capital investments, as well as a service that is slated to be tested this fall with the potential to add millions of dollars in value to Best Buy Mobile. I was also responsible for producing the daily performance summary for cellular sales across the Best Buy chain for Best Buy Mobile leadership. My final project for the summer was to create a financial model for the launch of a new sales channel for Best Buy Mobile.In addition to the finance experience that I was able to acquire at Best Buy Mobile, I had the opportunity to meet several members of the Best Buy corporate leadership team and gain a strong perspective on the challenges and opportunities facing both Best Buy and the retail industry as a whole. Overall, my internship at Best Buy was a great experience. |
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