Career at Mastercard: Everything to Know

Career at Mastercard

In 2018, Mastercard was named as one of the World’s Most Ethical Companies for the third year in a row. They’re recognized for driving positive change within the business community and around the world. They are also recognized as a “Top 100 Global Technology Leader” as well as one of the “World’s Most Admired Companies.” They are known for fostering work-life balance, offering competitive employee benefits, and providing a range of options for learning and career development.

As for the types of jobs open at Mastercard, there are career opportunities throughout the globe. Job categories include:
  • Technology Design and Development
  • Product
  • Consulting
  • Corporate Security
  • Core Finance
  • Marketing
  • Corporate Services
  • Compliance
  • Information Services and Analysis
  • Strategy
  • Data and Services

Average Mastercard Career Salaries


On average, Mastercard pays its employees between $60,000 and $199,000 per year, depending on the role. Some of the highest-paid employees (below the Vice President level) at Mastercard have the title of Business Leader ($153,681), Director ($142,567), and Senior Consultant ($138,472). As for the average total compensation for the Management Associate position (one of the 18-month post-MBA programs), it’s $185,000.

Mastercard Employee Benefits


As an employee of Mastercard, you’ll receive numerous benefits beyond the salary, including:
  • Paid parental leave (up to eight weeks in the U.S.)
  • Adoption assistance
  • Financial wellness programs
  • Transgender surgery
  • Same-sex domestic partner medical and dental coverage globally
  • Flexible work hours
  • Volunteer incentive programs
  • Workplace learning lab
  • Coaching and Feedback
  • Financial assistance for education

Landing an Internship at Mastercard


Over 10 weeks, students gain hands-on experience within the industry and delve deep into what it means to work for Mastercard. Summer experiences typically include:
  • Working on a challenging and meaningful project,
  • Networking opportunities,
  • Volunteer opportunities,
  • And more.

Internships are offered in both O’Fallon, MO, and San Francisco, CA, and include opportunities across departments. You can work in Data & Services, Cyber & Intelligence, Account Management, Business Administration, and more.

Apply for an internship and spend your summer enhancing your skills, sharing your ideas, and making a difference in the real world.

Program components:

  • Impactful assignments that drive business results
  • Networking sessions and leadership speakers series
  • Volunteer and team-building experiences

Qualifications:


U.S., Asia Pacific, MEA, Latin America, and Caribbean
  • Evidence of strong academics, cumulative GPA of 3.0 or above
  • Innovative thinking and thoughtful risk-taking
  • Ability to partner across the organization
  • Sound communication skills

Europe

Predicted to achieve UK 2.1 GPA or Equivalent, penultimate year student pursuing a bachelor's or master's degree.

Explore our opportunities


To those who believe in creating a better life for everyone, everywhere, we’re interested in hearing from you.

Apply now

Mastercard interview advice


When invited for an interview, we will endeavor to make this a relaxed and enjoyable process for you. Please prepare for your interview by doing your research on the role itself, the company, and perhaps the hiring manager by checking out their LinkedIn profile.

Typically interviews will be competency-based and focused on the skills required for the role. In preparing for the interview, it would be advisable to look at what the role is asking for and prepare answers where you can demonstrate your transferable skills. If you are unfamiliar with competency-based interviews, there is a lot of information available online in terms of how to structure answers, typical questions, etc which it would be advisable you familiarise yourself with.

Mastercard recruitment process


To apply for a role you will need to apply via our careers site with an up-to-date CV and cover letter. When preparing these documents you should highlight your transferable skills and explain things in a civilian context as much as possible. You should also explain what “you” have achieved, even if you were part of a team effort as we are interested in you as an individual.

Try to keep your CV concise, providing brief background context where required but focusing on your role and achievements. Aim for 2 pages in length where possible, but no more than 3 pages – any longer and you will lose the hiring manager's interest. Remember to avoid military jargon and acronyms. You might want to consider grouping together different postings on your CV so that you can highlight your key responsibilities/achievements better.

If your application is of interest there will be a series of interviews. Typically there will be a screening interview with the Talent Acquisition team, followed normally by 2 formal interviews – the first would typically be with the hiring manager, and the second with more senior managers. There may be more than 2 interviews, but we try to keep the process as efficient as possible. There will be no assessment centre or online tests during the interview procedure.

When invited for an interview, we will endeavor to make this a relaxed and enjoyable process for you. Please prepare for your interview by doing your research on the role itself, the company, and perhaps the hiring manager by checking out their LinkedIn profile. We expect you to be familiar with the way card payments or real-time payments work at a high-level and the roles played by banks and Mastercard in the overall system. There is plentiful information available online about this.

Throughout the whole process, sell yourself – don’t downplay your achievements and your skills – you are likely to have had some incredible experiences and have highly sought-after skills and you need to get these across in both your application and interviews.

Please feel free to connect with our Global Talent Acquisition team members on LinkedIn for updates on roles that we are currently hiring for.

Employee Sentiments


As for what current and past employees think about working at Mastercard, the sentiments vary depending on your position, location, manager, and more. Below are a few of the top sentiments according to Glassdoor.

Pros

  • “Good place with equal importance on work-life balance” (in 285 reviews)
  • “I really like the culture and work environment at Mastercard” (in 87 reviews)
  • “Good benefits, good work atmosphere” (81 reviews)

Cons

  • “Be prepared to work hard for long hours” (34 reviews)
  • “Growing lack of transparency from senior management” (42 reviews)
  • “The process of scaling hardware is agony” (27 reviews)
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