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 TMAC Internships are open to fulltime junior and senior undergraduates majoring in Business, Finance or Accounting with a grade point average of “B” or better and an interest in pursuing a career in Treasury.
Each university is responsible for managing the search process and selecting one intern. The TMAC Intern works in the business offices of the University or in partnership with a selected Non-Profit organization. The TMAC Intern performs Treasury related functions - including Cash Management, Finance, Benefits, Payroll, etc. Each University determines the exact responsibilities of the internship.
TMAC Internships consist of at least 180 hours, but not more than 200 hours, begin in September or October (Fall Semester) or January or February (Spring Semester) and continue for a period of 12 to 16 weeks. Each University decides, independently, as to the amount of class credit for participating in the program.
TMAC pays each University up to $15 per hour for the proposed internship. The maximum annual contribution to each University participating in the TMAC Internship Program is $3,000 per Intern. The University is responsible for all withholdings and tax submissions.
TMAC Interns are invited to attend regular monthly TMAC meetings during their internship. During the internship year, each TMAC Intern is assigned a TMAC member as mentor and optional field trips are available to participating students. In addition, Interns participate in the Windy City Summit and are also recognized at a special Scholarship luncheon during the conference.
TMAC Internship Scholarships directly tie into the mission and purpose of TMAC. They promote careers in Treasury Management while providing financial support to students and participating universities. Participating universities include DePaul University, Illinois State University, Northern Illinois University, Roosevelt University and University of Illinois-Parkside.
Current members of this year’s Scholarship Committee are:
Tamara Farley – Northern Illinois University
Elizabeth Honold– DePaul University
Ted Lannon – Roosevelt University
Mike Manion – University of Wisconsin-Parkside
Linda Miles – Illinois State University
John Gallagher - Hu Friedy Manuafacturing Co.- Committee Chair
For more information on the TMAC Internship Program please contact the Treasury Management Association Headquarters at (312) 332-7622.
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