Class of 2014 Summer Internships

Base Monthly Salaries by Industry

  Percent (%) Average ($) Median ($)
Financial services 29 6,534 7,700

Investment banking

10 7,650 8,333

Private equity, venture capital

7 3,499 3,284

Investment management

5 7,693 8,000

Other

7 7,689 8,333
Consulting 21 9,956 10,500
Technology 15 7,312 8,000
Consumer goods, retail 11 6,523 6,602
Healthcare, pharmaceuticals 7 6,704 6,672
Manufacturing 5 5,999 7,140
Energy, utilities 3 4,467 4,400
Real estate 3 4,760 4,800
Media, entertainment, sports 2 2,919 2,437
Nonprofit 2 3,100 3,480
Other 2 5,453 4,613
All industries 100 7,243 7,700

Base Monthly Salaries by Function

  Percent (%) Mean ($) Median ($)
Strategy/consulting 32 8,997 10,000
Finance 28 6,172 6,750

Underwriting and advising

8 7,067 8,333

Private equity,
venture capital

6 3,118 2,500

Corporate finance

5 6,878 7,500

Investment
management

5 7,600 8,000

Real estate

2 5,633 5,600

Other

2 6,518 7,916
Marketing 21 6,378 7,040
General management 11 7,294 8,000
Human resources 2 7,544 7,200
Operations, logistics 2 6,421 6,000
Information technology 1 6,740 6,720
Other 3 5,404 6,000
All functions 100 7,243 7,700

Base Monthly Salaries by Location

  Percent (%) Mean ($) Median ($)
United States 86 7,408 7,904
Northeast (CT, ME, MA, NH, NJ, NY, RI, VT) 48 7,368 8,000

New York Metro

23 6,661  7,692

Boston Metro

17 8,525 8,417

Other

8 6,653 7,000
West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 18 7,279 8,000

San Francisco Bay Area

10 6,993 7,150

Other

8 7,582 8,000
Midwest (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI) 6 8,246 7,550
South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 6 7,688 7,726
Mid-Atlantic (DC, DE, MD, PA, VA, WV) 4 7,782 7,517
Southwest (AZ, CO, NM, OK, TX) 4 5,979 5,500
Outside United States 14 6,174 6,330
Europe 5 5,273 4,866
Asia 4 7,706 9,453
South America 2 6,158 7,097
Other 3 6,452 7,140
All locations 100 7,243 7,700

All data as of September, 2013.