Internship Report Data


Pursue internships and earnings all while completing Cornell’s Two-Year MBA. The data below details the salaries, locations, companies, industry sectors, and job functions of current Two-Year MBA students.


Internship Acceptances: Two-Year MBA Class of 2022

Of the 284 students in the Class of 2022, 272 were seeking internships between their first and second year in the program. The figures below represent internship offers and acceptances based on information reported by students.

272

SEEKING INTERNSHIPS

for the summer of 2021

99%

ACCEPTED OFFERS

to complete an internship


Two-Year MBA Class of 2022: Total Monthly Salary Data

The Two-Year MBA class of 2022 average monthly salary was $9,712, which was flat when compared to students in the Class of 2021 who interned. Students in the class of 2022 who were US work authorized reported a slightly higher than average monthly salary of $10,079, while students who were not US work authorized reported an average base salary of $8,930.

9,712

MONTHLY SALARY

average reported by all who interned

10,079

US WORK AUTHORIZED

average monthly salary

8,930

NON-US WORK AUTHORIZED

average monthly salary


Average Monthly Salary by Industry

Johnson’s strengths in investment banking and consulting is illustrated in the table below, as the two industries employed over half of the class of 2022 interns.

IndustryAverage
Monthly Salary
Median
Monthly Salary
Salary RangePercent
Employed
Financial services$10,974$12,500$3,333 - $14,58334%
Consulting$11,638$12,500$3,120 - $15,00024%
Technology$7,933$8,500$1,126 - $11,00020%
Consumer products$7,716$7,616$6,000 - $9,3506%
Manufacturing$7,019$7,950$2,025 - $10,0005%
Healthcare**$6,780$6,933$4,000 - $8,9384%
Law/Legal$10,708$11,050$3,650 - $17,0832%
Other*N/A**N/AN/A6%

*Other includes: Construction, energy/utilities, hospitality/tourism, non-profit, real estate, retail, and telecommunications

**Healthcare includes medical services and pharmaceuticals


Average Monthly Salary by Job Function

Johnson’s strengths in investment banking and consulting continues to pay off with the two highest average monthly salaries paid to class of 2022 interns.

FunctionAverage
Monthly Salary
Median
Monthly Salary
Salary RangePercent
Employed
Consulting$10,766$12,133$2,166 - $15,00029%
Investment Banking$11,874$12,500$3,333 - $14,58324%
Management$7,670$8,100$1,126 - $11,60018%
Finance$8,188$8,667$1,733 - $10,83314%
Marketing$7,468$7,708$2,000 - $10,4008%
Operations/Logistics$8,667$8,750$6,680 - $10,0004%
Other*$9,653$7,543$3,650 - $17,0832%
Information/Technology$8,084$7,973$7,280 - $9,0001%

Other includes: Human resources and law


Average monthly Salary by Region

The majority of students–over half–interned in the Northeast region of the US. This region also paid the highest average monthly salary.

RegionAverage
Monthly Salary
Median
Monthly Salary
Salary RangePercent
Employed
Northeast$10,176$10,800$2,000 - $16,03353%
West$8,860$8,800$1,126 - $17,08318%
Midwest$10,084$9,050$5,200 - $13,7508%
Mid-Atlantic$11,183$13,000$4,000 - $13,7505%
Southwest$10,339$9,750$4,853 - $13,7004%
South$10,227$10,417$3,466 - $13,7503%
International$8,221$8,100$1,200 - $13,0009%

Top Internship Companies: Two-Year MBA Class of 2022

In total, 233 companies recruited Johnson Two-Year MBAs for either full-time employment or internships during the 2020–2021 academic year. The list below represents the top companies that hired interns from the Two-Year MBA class of 2022.

Amazon Logo
Bain and company logo
bankofamerica-300×300
Boston Consulting Group logo
Citi logo
Corning Logo
Credit Suisse Logo
ernst-young-ey-logo-png-transparent
Goldman Sachs
Jeffries logo
Johnson & Johnson logo
JP Morgan logo
Mckinsey & Company logo
microsoft-logo-300×300
PWC Logo

Ready to Find Out More About the Two-Year MBA Program at Cornell?