Industrial Engineering | Systems Engineering internship: cost driver modeling

Introduction

Within ASML’s Manufacturing and Supply Chain environment in Veldhoven, you will contribute to improving transparency in Make & Install costs across a highly complex operational landscape. This Industrial Engineering | Systems Engineering internship: make & install cost modelingsits at the intersection of engineering, operations, finance, and program management. You will help develop a high-level cost model that explains how operational cost drivers influence overall Make & Install costs and supports fact-based decision-making. The outcome of this internshipwill help teams understand where improvement efforts create the greatest impact. If you enjoy connecting data, systems thinking, and stakeholder perspectives, this internship offers an opportunity to make a visible contribution.

Your assignment

During this internship, you will develop and validate a high-level model that creates transparency between cost drivers, cost categories, and total Make & Install costs. You will work with stakeholders from multiple departments and translate complex information into actionable insights and visualizations. The goal is to enable both forward-looking cost impact assessments and backward target-setting from overall cost objectives. Your main responsibilities will be:

• Develop a high-level cost model linking key cost drivers, cost categories, and total Make & Install costs.
• Analyze available data to determine model inputs, parameters, and assumptions.
• Quantify how changes in operational drivers influence overall costs.
• Translate overall cost targets into practical driver-level targets for stakeholders.
• Create intuitive visualizations and reporting concepts that explain model logic.
• Validate the model through data analysis, stakeholder feedback, and logical testing.
• Present recommendations for future use, governance, and further development of the model.

This is a bachelor/master non-thesis internship for minimum 6 months, for minimum 4 days per week (hybrid). The start date of this internship is as of February 2027.

Your profile

To be suitable for the internship, you:

• Are pursuing a bachelor’s or master’s degree in industrial engineering, systems engineering, operations management, mechanical engineering, data analytics, business economics, econometrics, or a related field.
• Have strong analytical skills and a genuine interest in cost modeling, operational performance, and complex systems.
• Have working knowledge of Microsoft Excel; experience with Power BI is considered an advantage.
• Are proactive and take ownership when working in an environment with multiple stakeholders.
• Collaborate and communicate effectively with different disciplines and confidently engage stakeholders at various organizational levels.

This internship offers broad exposure across engineering, operations, finance, and program management functions. Throughout the internship, you will build a diverse network, gain insight into how strategic cost decisions are made, and contribute to improvements that support ASML’s business objectives. By the end of this internship, you will have delivered a validated model concept, a prototype solution, stakeholder-oriented reporting, and recommendations that support future cost management practices.

Other requirements you need to meet:

• You are enrolled at an educational institute for the entire duration of the internship, and you are at least 18 years old at the start of the internship;
• If you are a non-EU citizen, studying in the Netherlands, your university is willing to sign the documents relevant for doing an internship (i.e., Nuffic agreement);
• You attach your cover letter with a clear motivation on why you are interested in this internship assignment in particular;
• You need to be located in the Netherlands to be perform your internship. In case you are currently living/studying outside of the Netherlands, your application shows the willingness to relocate.

Inclusion and diversity

ASML is an Equal Opportunity Employer that values and respects the importance of a diverse and inclusive workforce. It is the policy of the company to recruit, hire, train and promote persons in all job titles without regard to race, color, religion, sex, age, national origin, veteran status, disability, sexual orientation, or gender identity. We recognize that inclusion and diversity is a driving force in the success of our company.

Do you want to know more about the internship allowance, visa support and applying for an internship at ASML? Read this page.