Class of 2015 Summer Internships

Base Monthly Salaries by Industry

  Percent (%) Average ($) Median ($)
Financial services 27 7,175 8,289

Investment banking

12 8,387 8,333

Private equity, venture capital

5 4,407 4,500

Investment management

5 7,249 8,216

Other

5 7,173 8,000
Consulting 22 10,384 11,000
Technology 15 6,623 7,400
Consumer goods, retail 11 6,281 6,717
Healthcare, pharma, biotech 8 6,883 7,200
Nonprofit, government 5 5,831 5,217
Manufacturing 4 8,714 9,170
Energy, utilities 3 6,287 6,250
Media, entertainment, sports 2 4,670 4,740
Real estate 2 4,738 4,875
Other 1 4,984 4,937
All industries 100 7,572 8,000

Base Monthly Salaries by Function

  Percent (%) Mean ($) Median ($)
Consulting, strategy 33 9,100 10,000
Finance 30 7,049 8,100

Corporate finance

11 7,651 8,333

Investment management

6 7,201 8,297

Private equity, venture capital

5 4,876 4,533

Underwriting, advising

5 8,202 8,333

Real estate

1 4,317 3,750

Other

2 8,008 8,050
Marketing 17 6,415 7,000
General management 14 6,676 7,550
Operations, logistics 3 7,267 6,500
Other 3 6,526 6,977
All functions 100 7,572 8,000

Base Monthly Salaries by Location

  Percent (%) Mean ($) Median ($)
United States 91 7,879 7,750
Northeast (CT, ME, MA, NH, NJ, NY, RI, VT) 51 7,710 8,000

New York Metro

22 7,765 8,333

Boston Metro

20 8,216 8,000

Other

9 6,203 6,864
West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 22 6,966 7,800

San Francisco Bay Area

14 7,181 7,550

Seattle Metro

6 7,021 8,000

Other

2 4,940 5,040
Midwest (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI) 8 8,454 8,333
Southwest (AZ, CO, NM, OK, TX) 4 7,642 7,525
Mid-Atlantic (DL, DC, DE, MD, PA, VA, WV) 3 6,812 6,250
South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 3 7,632 8,333
Outside United States 9 7,576 9,101
Asia 3 5,675 3,000
Europe 3 8,919 9,101
Other 3 8,134 9,169
All locations 100 7,572 8,000

All data as of October, 2014.