2016 New Hires by Function: Intern

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

September 12, 2016


Function Percent
of Hires
Number
of Hires 1
Minimum
Monthly Salary 2
Maximum
Monthly Salary 2
Median
Monthly Salary 2
Finance 38.9% 225 $1,666 $15,000 $9,917
Marketing 9.8% 57 $2,000 $9,000 $6,923
Total 100.0% 579 $500 $15,000 $8,000


(1) Eleven students in the Class of 2017 reported having two internships.
(2) Compensation information is self-reported. 93 percent of students reporting accepted intern offers included salary information. Of that, 2 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 function 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 (12), Consulting (4), Corporate Strategy/Strategic Planning (1), Company Finance (Analysis/Treasury) (1), Venture Capital (3), Finance - Other (1), General Management (1), Brand/Product Management (3), Marketing - Other (1), Operations - Production/Supply Chain Mgmt/Logistics, and Product Management (Tech) (3). In total, 5.4 percent of accepted offers for the Class of 2017 were with startups. For monthly base salary, the minimum was $1,000, the maximum was $8,333, and the median was $4,000.