Novartis
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Derek Deihl

Liberal Arts Major: Economics
Other Major: Finance
Hometown: Doylestown, Pennsylvania
Are you a Chapel Executive Intern: Yes
Experience Time: Summer 2022

Give us a brief summary of your experience?

As a finance intern at Novartis, I supported the Government Pricing team within Managed Markets Finance. While working with a team split between East Hanover, NJ, and Hyderabad, India, I learned about the pharmaceuticals price types and the mechanisms and processes for reporting them to the government. Outside of my work on the Government Pricing team, I collaborated with 14 other interns on a final project to present to executive leadership at the conclusion of the summer. We constructed a Wall Street View of the company as well as presenting our own feedback on the current job market.

How did this experience impact you academically?

This experience impacted me in a unique when academically. The internship takes the fundamentals of finance and economics, which I am learning at Penn State, and applies them in a niche way very specific to the pharmaceutical and healthcare industry. I was continually challenged to learn new skills, information, and processes and directly apply them to critical company submissions and projects. My academics at Penn State served as the launchpad for this internship to build on my learnings and specialize me to work in the industry.

"The internship takes the fundamentals of finance and economics, which I am learning at Penn State, and applies them in a niche way very specific to the pharmaceutical and healthcare industry."

How will this experience impact your career goals?

My experience profoundly impacted my career goal and my career paths. As someone who manages a rare condition, I have long been interested in the pharmaceutical industry. Now, with an internship experience under my belt, I feel confident and excited to be working towards this goal. My internship and work at Novartis has certified and deepened my passion to work in an industry focused on improving and extending patient lives. By discovering many more niche areas of pharmaceuticals, I can return to Penn State with a unique perspective and work towards preparing myself for a future career.

How has the College of the Liberal Arts helped you to find and/or succeed in this experience (e.g., adviser, faculty, staff, enrichment funds, etc.)?

The College of Liberal Arts helped me to succeed in my experience through enrichment funding to support the expenses of my internship. By accepting an opportunity away from home, I was met with unique challenges such as arranging housing, transportation, food, and other necessities to live and work away from home in addition to weekly commuting. Through the Chapel Executive Internship Program, this funding helped to overcome all of these challenges and allow me to reap the benefits of my program. With the additional funding, I can invest in myself and my future to expand my career goals.

For more information on internships for Liberal Arts students, visit our website.
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