Internship | Strategic Business Analysis

Do you have the skills to build a strong case of what it takes to bring novel ICT concepts to market? Are you interested in the combination of finance and ICT? Join us in the challenge of developing a business case for secure multi-party computation!


Den Haag

Education type

university (wo)


Internship and graduation project

Hours a week

Fulltime – 40


Apply now


What will you be doing?

Information exchange in modern societies are characterized by two conflicting needs. On one hand, sharing information is necessary to unlock the full potential of today’s data analysis algorithms, with companies and public authorities striving for increased collaboration. On the other hand, privacy preservation and confidentiality are becoming increasingly prominent.

Cryptography can play an important role in harmonizing these two conflicting needs. In particular, a set of advanced cryptographic tools known as Secure Multi-Party Computation (MPC) directly tackles the issue of obtaining valuable information from private inputs. More precisely, if two or more parties hold private input and they wish to jointly evaluate a function on these inputs, MPC allows them to cooperate and obtain the function output while nobody will learn anything more than his/her own private input and the output of the function. Thus valuable knowledge is extracted from the input data, and remains private.

While the concept of MPC dates back to the 1980s, MPC protocols have only recently become efficient enough to be implemented as proof-of-concepts and pilots [1,2]. As a result, the financial aspects of MPC have remained largely out of scope in most discussions. The question that arises with the maturing applicability of MPC protocols is whether it is possible to make a good business case for the MPC protocols. More specifically:

Do the benefits of joint analysis outweigh the costs of secure collaboration?

This is the question you will seek an answer for. Together with our experts of the Strategic Business Analysis and the Cyber Security and Robustness departments, you will develop a model that can be used to analyze the financial costs and benefits of MPC applications. Additionally, you will test your model in real-life settings by analyzing a business case for one or more partners of TNO.



What do we require of you?

  • A master's student in the last phase of a degree in Econometrics, Financial Engineering, Economics, Business Administration, Finance, or a related field.
  • Experience/interest in cost-benefit analyses.
  • A strong interest in new ICT technologies.
  • The duration of the internship will be approximately 4-6 months.
  • The internship can start at any time. 

What can you expect of your work situation?

During your time at TNO, you will be working among friendly and highly-motivated experts from the Strategic Business Analysis and Cyber Security and Robustness departments.

The Strategic Business Analysis (SBA) department employs forty bright professionals who continuously seek to solve business and economic challenges. SBA offers strategic consultancy, develops new business models, and supports the implementation of innovations. In order to reach these goals, we rely on both qualitative and quantitative methods, and enjoy close cooperation with colleagues from our technical departments. SBA ensures that technological innovations succeed in the market and promotes the sustainable growth of companies.

The Department of Cyber Security and Robustness employs about forty-five professionals who combine a background in quantitative methods and modelling with knowledge of telecommunications, IT, and security. With our combined knowledge, we are able to predict, improve, and secure the IT services of our customers. Our ambition to be among the leading European positions in the associated research community is reflected in active participation in several national and international research programs.

Of course, your hard effort is alternated with participation in coffee breaks, lunch during outdoor walks, many social events and monthly drinks with colleagues from other departments.

What can TNO offer you?

You will have a big task at hand, but don’t worry, we have assigned several people to support you on this journey. You will get a mentor who will help you with your integration, and experts on both business case creation and MPC technology will be ready to consult you. 

Besides the guidance, we will give you independence and flexibility in your work. We encourage you to try and find out things your own way, shape the task in a way you think is best, and make use of your creative brain – nothing is set in stone yet. 

Also, if you want to work on the precursor of your career, this internship provides you with the opportunity to take a good look at your prospective future employer. TNO also goes a step further. It’s not just looking at what interests us, you and your knowledge are essential to our innovation. That’s why we attach a great deal of value to your personal and professional development. We also provide suitable compensation for internships. Click here to find more info about internships at TNO.

Has this vacancy sparked your interest?

Then please feel free to apply on this vacancy! For further questions don’t hesitate to contact us.

Contact: Virag Szijjarto
Phone number: +31 (0)629442418

Note that applications via email and third party applications are not taken into consideration.


Apply now



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