4.83 out of 5
3 review(s)
Headquarters:
Richmond, VA
Employees:
12,000
Annual Interns:
30
Profile Views: 1558
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CarMax
| Internship Overview |
| Internship Rating (Avg): 4.83 out of 5 |
| 3 Intern Reviews |
| Avg CarMax Intern Salary: $15.00 |
| 3 Intern Salaries |
Internship Stats
CarMax offers paid internships with a focus in accounting/finance and strategy/analysis. CarMax internships are based on business needs and are available throughout the year, including summers.
Internship Perks
CarMax internship benefits include: - Earn competitive pay
- Develop technical and business skills
- Work one-on-one with a mentor
- Interact with management
- Contribute ideas and opinions
- Complete individual and group projects
- Be able to receive housing assistance based on residency
Carmax Internship & Company Overview
Even early in your career at CarMax, you will have the responsibility to own an area of the business and will be expected to improve it. For example, one undergraduate recruit used data analysis to reformulate our retail pricing strategy, pitched and sold his idea to the senior executive team, and implemented a new system nationwide in his first six months with the company. This is the kind of impact you can make at CarMax. And as you do so, you will work closely with the senior executives and analysis managers to develop the fundamental and advanced skills that underpin a successful career in business. In fact, most of our managers in the strategy group started at CarMax as analysts, and our VP of Strategy and Analysis started his career here through our undergraduate recruiting program. While an MBA is not required to advance or contribute at CarMax, analysts who have chosen to pursue a business degree have enjoyed superior acceptance rates at their first-choice schools, including Harvard, Chicago, UVA, Columbia, and Duke. Your opportunities to develop, contribute, and lead as an analyst at CarMax are as great as the company's opportunity to grow. While CarMax is already the largest used car retailer in the country (with over $8 billion in sales and over 90 superstores across the country), we have only 2% of the 1-to 6-year-old used car market. At $280 billion annually, this market is bigger than the home improvement or consumer electronics industries, and so represents a tremendous opportunity for growth.*
References
Carmax Internships & Entry Level Jobs: hereCarMax Strategy Internships: hereCarMax Finance Internships: here
Internship Stats
CarMax offers paid internships with a focus in accounting/finance and strategy/analysis. CarMax internships are based on business needs and are available throughout the year, including summers.
Internship Perks
CarMax internship benefits include: - Earn competitive pay
- Develop technical and business skills
- Work one-on-one with a mentor
- Interact with management
- Contribute ideas and opinions
- Complete individual and group projects
- Be able to receive housing assistance based on residency
Carmax Internship & Company Overview
Even early in your career at CarMax, you will have the responsibility to own an area of the business and will be expected to improve it. For example, one undergraduate recruit used data analysis to reformulate our retail pricing strategy, pitched and sold his idea to the senior executive team, and implemented a new system nationwide in his first six months with the company. This is the kind of impact you can make at CarMax. And as you do so, you will work closely with the senior executives and analysis managers to develop the fundamental and advanced skills that underpin a successful career in business. In fact, most of our managers in the strategy group started at CarMax as analysts, and our VP of Strategy and Analysis started his career here through our undergraduate recruiting program. While an MBA is not required to advance or contribute at CarMax, analysts who have chosen to pursue a business degree have enjoyed superior acceptance rates at their first-choice schools, including Harvard, Chicago, UVA, Columbia, and Duke. Your opportunities to develop, contribute, and lead as an analyst at CarMax are as great as the company's opportunity to grow. While CarMax is already the largest used car retailer in the country (with over $8 billion in sales and over 90 superstores across the country), we have only 2% of the 1-to 6-year-old used car market. At $280 billion annually, this market is bigger than the home improvement or consumer electronics industries, and so represents a tremendous opportunity for growth.*
References
Carmax Internships & Entry Level Jobs: hereCarMax Strategy Internships: hereCarMax Finance Internships: here
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Strategy and Analysis Intern: $16/hour
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Accounting & Finance Internship: $15/hour
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Public Affairs Intern: $14/hour
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| 3 CarMax reviews posted anonymously by former interns: |
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| I gained real world experience:
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Strongly Agree |
| My boss treated me with respect: |
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Strongly Agree |
| I enjoyed my fellow co-workers: |
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Strongly Agree |
| The work I performed was interesting: |
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Agree |
| I feel better positioned to gain a fulltime job: |
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Agree |
| Overall, I was satisfied with my internship: |
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Strongly Agree |
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Pros:
I was able to work for both the CarMax ongoing business and the CarMax foundation. I wrote press releases, press briefings, and promoted different news items via social media. The internship gave me an overview of how a corporate PR department works and I really loved it. There is a lot of creativity involved in how to effectively communicate to the public. My boss was terrific and she took the time to explain all different strategies and channels to me. Overall, I was really impressed with the internship and highly recommend looking into CarMax.
Cons:
Not much. I hope I can get an offer or use this internship to get into an entry level PR position (which is very hard to get).
Advice for other students:
CarMax has a good corporate culture feel and the company is a great place to work. I'm a huge fan.
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| I gained real world experience:
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Strongly Agree |
| My boss treated me with respect: |
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Strongly Agree |
| I enjoyed my fellow co-workers: |
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Strongly Agree |
| The work I performed was interesting: |
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Agree |
| I feel better positioned to gain a fulltime job: |
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Agree |
| Overall, I was satisfied with my internship: |
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Strongly Agree |
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Pros:
- Great company culture.
- Really interesting accounting/finance projects with the CarMax business model. You have to get things right with the fixed costs.
- I specifically worked on quarterly financial statements.
- Manager was transparent and explaining the parts of the accounting that I didn't understand.
- Good pay.
- The fan area in Richmond is fun.
- Other interns and I hungout a lot outside of CarMax.
Cons:
I wish I understood more of the financing part of the business.
Advice for other students:
I found this internship through my career service office and CarMax came to campus.
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| I gained real world experience:
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Strongly Agree |
| My boss treated me with respect: |
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Strongly Agree |
| I enjoyed my fellow co-workers: |
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Strongly Agree |
| The work I performed was interesting: |
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Strongly Agree |
| I feel better positioned to gain a fulltime job: |
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Strongly Agree |
| Overall, I was satisfied with my internship: |
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Strongly Agree |
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Pros:
- Company culture is fantastic. Employees like each other and generally are excited about the company's future.
- Very smart strategy group.
- Worked on intense projects that could make a meaningful impact to the bottom line.
- Mixture of finances and strategy.
- I enjoyed working with some smart MBAs.
Cons:
not much
Advice for other students:
If CarMax comes to your school, go there and meet with them. Also, keep the GPA up, it counts.
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