CPT Business Development Associate Jobs
Business Development Associate roles in sales strategy, client acquisition, and market research qualify for CPT when your DSO confirms the work integrates directly with your enrolled coursework. Most roles sit in tech, SaaS, and consulting firms that regularly hire F-1 students. Your I-20 must reflect CPT authorization before your start date.
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Get Access To All JobsAbout the Internship:
- Duration of Internship: 12 months
- Title: Business Development Intern
- Location: Remote
- Paid internship working approximately 20-30 hours per week, flexible with school schedule.
Summary
We are looking for a Business Development Intern to join our team! This is a 12-month paid, fully remote, internship where you will provide administrative and prospecting support to the Business Development team, with a primary focus on advisor research, outreach preparation, and appointment scheduling. This role offers hands‑on exposure to advisor recruiting, relationship development, and professional services business growth.
You will work closely with Business Development Directors (BDD) and firm team members, participating in prospecting activities and business development initiatives, while building a strong foundation in financial services. This role is ideal for candidates motivated by networking, mentorship, and long‑term career growth.
Key Responsibilities
- Assist with advisor prospecting and list building using approved databases and LinkedIn
- Support outreach preparation, including tracking responses and maintaining prospect notes
- Schedule and confirm appointments for introductory advisor conversations
- Maintain accurate records of activity in tracking tools and spreadsheets
- Conduct basic advisor research (firm affiliation, location, years in practice)
- Help organize follow‑up workflows and ensure timely handoffs to the BDD
- Support special projects related to recruiting campaigns or events as needed
Qualifications
- Currently pursuing a Bachelor’s degree in Finance, Business, Economics, Marketing, or a related field; Junior or Senior standing preferred (or recent graduate).
- Strong interest in a career in wealth management or financial advising
- Strong organizational and communication skills
- Confident making outbound calls with working knowledge of LinkedIn, spreadsheets, and basic CRM or tracking systems
- Detail‑oriented and reliable with follow‑through
- Interest in business development, sales, finance, marketing, or professional services
- Ability to communicate professionally with advisors and internal stakeholders
Salary Range: $20 -$25 per hour
For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.
Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.
About the Internship:
- Duration of Internship: 12 months
- Title: Business Development Intern
- Location: Remote
- Paid internship working approximately 20-30 hours per week, flexible with school schedule.
Summary
We are looking for a Business Development Intern to join our team! This is a 12-month paid, fully remote, internship where you will provide administrative and prospecting support to the Business Development team, with a primary focus on advisor research, outreach preparation, and appointment scheduling. This role offers hands‑on exposure to advisor recruiting, relationship development, and professional services business growth.
You will work closely with Business Development Directors (BDD) and firm team members, participating in prospecting activities and business development initiatives, while building a strong foundation in financial services. This role is ideal for candidates motivated by networking, mentorship, and long‑term career growth.
Key Responsibilities
- Assist with advisor prospecting and list building using approved databases and LinkedIn
- Support outreach preparation, including tracking responses and maintaining prospect notes
- Schedule and confirm appointments for introductory advisor conversations
- Maintain accurate records of activity in tracking tools and spreadsheets
- Conduct basic advisor research (firm affiliation, location, years in practice)
- Help organize follow‑up workflows and ensure timely handoffs to the BDD
- Support special projects related to recruiting campaigns or events as needed
Qualifications
- Currently pursuing a Bachelor’s degree in Finance, Business, Economics, Marketing, or a related field; Junior or Senior standing preferred (or recent graduate).
- Strong interest in a career in wealth management or financial advising
- Strong organizational and communication skills
- Confident making outbound calls with working knowledge of LinkedIn, spreadsheets, and basic CRM or tracking systems
- Detail‑oriented and reliable with follow‑through
- Interest in business development, sales, finance, marketing, or professional services
- Ability to communicate professionally with advisors and internal stakeholders
Salary Range: $20 -$25 per hour
For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.
Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.
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Get Access To All JobsBusiness Development Associate CPT: Frequently Asked Questions
Does a Business Development Associate role qualify for CPT?
Yes, if your school's DSO confirms the work is an integral part of your enrolled curriculum. Business development tasks like market research, lead generation, and client strategy align with business, marketing, and management degree programs. Your I-20 must be updated with CPT authorization before your first day, and the role must appear as part-time or full-time CPT depending on your program structure.
Can I do full-time CPT as a Business Development Associate without affecting my OPT eligibility?
Full-time CPT lasting 12 months or more eliminates your OPT eligibility entirely, so the timing matters. If you're completing a short-term internship of under 12 months, your OPT remains intact. Part-time CPT carries no OPT restrictions regardless of duration. Confirm the total authorized CPT hours with your DSO before accepting any full-time offer.
What documents does an employer need from me to start CPT?
Your employer needs a copy of your updated I-20 showing CPT authorization for their specific company, your start date, and whether it's part-time or full-time. Some employers also request your F-1 visa stamp and I-94 record for their I-9 file. Have these ready before your offer letter is signed, since your DSO needs the offer details to issue the updated I-20 first.
How do I find Business Development Associate jobs where employers understand CPT?
Search Migrate Mate to find employers with a track record of hiring F-1 students in business development roles. Firms in SaaS, management consulting, and tech services tend to have structured internship programs with HR teams familiar with I-20 documentation. Targeting companies that have hired international students before reduces the back-and-forth over CPT authorization requirements.
Is there a cap on how many CPT authorizations I can have during my program?
There's no federal cap on the number of separate CPT authorizations, but your total full-time CPT cannot reach 12 months without losing OPT eligibility. You can hold multiple sequential part-time CPT authorizations across different employers as long as each is separately authorized by your DSO and tied to your curriculum. USCIS doesn't directly oversee CPT, so your school's policy governs the specifics.