2013 New Hires by Function: Intern

Chicago Booth students are making bold moves across a variety of functions. 

September 16, 2013


Function Percent
of Hires
Number
of Hires 1
Minimum
Monthly Salary 2
Maximum
Monthly Salary 2
Median
Monthly Salary 2
Advertising/Communications 0.4% 2 Insufficient
data1
Total 100.0% 564 $400 $25,000 $8,000


(1) Sixteen students in the Class of 2014 reported having two internships.
(2) Compensation information is self-reported. Salary information was included by 95 percent of students reporting they accepted intern offers. Of that, 4 percent reported receiving no salary. For the 91 percent who reported salaries, the minimum, maximum, and median monthly salaries are represented above. Insufficient data indicates less than 1 percent reporting offers and/or less than 50 percent with salary information.
(3) Bonus information: 11 percent of accepted offers reported in the consulting industry received a sign-on bonus, for which the median bonus was $2,500.
(4) Accepted offers in these functions include students doing summer internships at startups: Business Development (17), Finance - Company Finance (Analysis/Treasury)(2), Finance - Private Equity (1), Finance - Risk Management (1), Finance - Venture Capital (1), General Management (2), Marketing - Brand/Product Management (2), Marketing - Research (2), Marketing - Sales (1), Project Management (3), Strategic Planning (3). In total, 6.2 percent of accepted offers for the Class of 2014 were with startups.  For monthly base salary, the minimum  was $1,000, the maximum was $7,500 and the median was $4,000.