Class of 2019 Summer Internships

Base Monthly Salaries, by Industry

Industry Percent (%) Mean ($) Median ($) Min ($) Max ($)
Financial services 25 8,938 10,400 3,250 12,800
    Investment banking 10 10,335 10,417 5,000 12,567
    Private equity, venture capital 5 6,718 5,417 4,333 12,800
    Investment management 4 9,682 10,417 4,000 12,500
    Other 5 7,558 8,400 3,250 11,267
Consulting 23 11,306 12,133 1,500 13,000
Technology 18 7,039 7,800 800 13,000
Health care, pharma, biotech 10 8,037 8,500 4,000 11,538
Consumer goods, retail 8 6,966 7,250 1,500 10,000
Manufacturing 6 6,514 6,800 1,667 10,000
Government, non-profit, education 3 4,726 4,904 3,301 6,500
Media, entertainment, sports 2 7,186 7,462 5,200 9,583
Transportation 2 4,854 5,200 3,800 5,217
Energy 1 * * * *
Hospitality 1 * * * *
Real Estate 1 6,697 7,500 3,467 8,320
All industries 100 8,392 8,500 800 13,000

Base Monthly Salaries, by Function

Function Percent (%) Mean ($) Median ($) Min ($) Max ($)
Consulting 32 10,442 11,657 3,000 13,000
Marketing 24 7,035 7,250 800 13,000
Finance 21 8,798 10,400 3,467 12,800
   Investment banking 9 10,437 10,417 5,000 12,567
   Corporate finance 4 7,672 8,000 5,200 9,167
   Investment management 4 9,090 10,417 4,000 12,500
   Private equity, venture capital 4 6,507 5,081 4,333 12,800
   Real estate 1 6,156 7,200 3,467 7,800
General management 13 7,609 8,260 1,667 10,417
Operations, logistics 7 6,047 6,500 1,500 8.667
Information Technology 1 * * * *
Other 2 5,522 5,850 2,000 8,400
All functions 100 8,392 8,500 800 13,000

Base Monthly Salaries, by Location

Location Percent (%) Mean ($) Median ($) Min ($) Max ($)
United States 93 8,426 8,500 800 13,000
Northeast (CT, ME, MA, NH, NJ, NY, RI, VT) 52 8,620 9,050 1,083 13,000
    New York 25 8,855 9,667 1,500 12,567
    Boston 22 8,769 8,667 1,500 13,000
    Other 5 7,498 6,750 4,333 12,500
West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 21 7,261 7,200 800 13,000
   San Francisco Bay Area 13 7,116 6,980 800 13,000
   Seattle 5 8,703 8,500 4,333 12,250
   Other 4 6,038 5,500 3,250 10,000
Midwest (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI) 6 9,372 8,500 5,417 12,500
   Chicago 4 10,142 12,000 5,417 12,500
   Minneapolis-Saint Paul 1 7,833 7,500 7,500 8,500
   Other 1 8,408 8,333 7,650 9,317
Southwest (AZ, CO, NM, OK, TX) 6 9,076 9,208 2,000 13,000
Mid-Atlantic (DC, DE, MD, PA, VA, WV) 5 8,869 10,408 3,813 13,000
South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 3 8,698 8,000 6,067 12,500
Outside U.S. 7 6,928 6,933 3,301 10,833
Asia 2 8,287 9,104 4,000 10,833
South America 2 5,066 5,005 4,333 5,860
Africa 1 * * * *
Canada 1 * * * *
Central America, Caribbean 1 * * * *
Europe 1 * * * *
Middle East 1 * * * *
All locations 100 8,392 8,500 800 13,000

Values are excluded where the sample size is too small. Values that are greater than 0 but less than 1 are rounded to show presence. Totals may not add to 100 due to rounding.
City names listed include the surrounding metropolitan areas.
All data as of November 2018.