Internship Report Data 2019


Class of 2020: Internship acceptances

Of the 285 Two-Year MBA students in the Class of 2020, 276 were seeking internships between their first and second year in the program.

276

Seeking Internships

for the summer of 2019, as reported by the Two-Year MBA Class of 2020

99.6%

Accepted Offers

to complete an internship, as reported by the Two-Year MBA Class of 2020


Two-Year Class of 2020: Monthly salary data

The Two-Year MBA Class of 2020 saw an increase in their average monthly salary of 9 percent compared to students in the Class of 2019 who interned. Students in the Class of 2020 who were not U.S. work-authorized reported an average base salary of $9,331.

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$9,563

Monthly Salary

average reported by all who interned in the Class of 2020

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9%

Increase

in average monthly salary compared to Class of 2019

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$9,643

Monthly Salary

average reported by U.S. work-authorized MBAs


Industry distribution and average monthly salaries

Industry Avg monthly Salary % Interning Per Industry
Financial Services $10,545   36%
Consulting $11,902   23%
Technology $8,181   13%
Consumer Products $7,350   10%
Manufacturing $7,687   5%
Healthcare, Medical Services, and Pharmaceuticals $7,809   4%
Other* $6,510   3%
Real Estate $4,833   3%
Government/Non-Profit $3,532   2%
Retail $7,722   1%
*Other includes agribusiness, entertainment/media, hospitality, and law

Job function distribution and average monthly salaries

Function Avg Monthly Salary % Interning Per Function
Finance $10,157   39%
Investment Banking $12,110   23%
Corporate Finance $8,175   7%
Equity/Debt Research $8,308   4%
Other $8,034   4%
Real Estate Development $4,933   2%
Consulting $11,253   25%
Management $7,939   19%
Marketing $7,314   12%
Other $8,034   2%
Human Resources N/A   1%
Real Estate N/A   1%
Law N/A 0%

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Monthly salaries by U.S. region

U.S. Region Avg Mthly Salary % interning Per Region
Northeast $10,180   53%
Midwest $8,857   14%
West $9,093   10%
Southwest $9,469   7%
Mid-Atlantic $9,807   6%
South $8,750   5%

Two-Year Class of 2020: Top internship companies

In total, 203 companies recruited Two-Year MBAs for either full-time employment or internships during the 2018–2019 academic year. The list below represents the top 10 companies that hired interns from the Two-Year MBA Class of 2020.

Amazon Logo
Bain & Company Logo
citi
Deloitte logo
Ernst and Young Logo
JP Morgan Logo
Liberty Mutual Logo
McKinsey and Company Logo
Pricewaterhousecoopers logo
SC Johnson Logo