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2021 New Hires by Industry: Intern

From technology and consulting to nonprofit and real estate, Chicago Booth students have questions to ask and waves to make in every industry. Compare and research to see the data for the industries that interest you.

September 9, 2021

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2021 Full-Time Employment Statistics »

2021 Intern Employment Statistics »

Industry Percent
of Hires 		Number
of Hires 1 		Minimum
Monthly
Salary 2 		Maximum
Monthly
Salary 2 		Median
Monthly
Salary 2
Advertising/Marketing Services/Communications 3 0.2% 1 Insufficient
data 2
Agribusiness 3 0.2% 1 Insufficient
data 2
Consulting 23.8% 148 $3,000 $14,800 $13,500
Consumer Products 3.5% 22 $6,000 $11,000 $8,125
Consumer Goods 3 1.0% 6 $6,500 $10,000 $7,616
Food/Beverage/Tobacco 3 2.6% 16 $6,000 $11,000 $8,666
Education 1.0% 6 $4,000 $4,000 $4,000
Energy 0.5% 3 Insufficient
data 2
Environment/Natural Resources 0.2% 1 Insufficient
data 2
Financial Services 37.6% 234 $788 $15,000 $10,000
Commercial Banking 3 0.3% 2 Insufficient
data 2
Diversified Financial Services 3 6.6% 41 $4,945 $12,500 $12,500
Hedge Funds 0.5% 3 Insufficient
data 2
Insurance 0.5% 3 Insufficient
data 2
Investment Banking/Brokerage 3 9.5% 59 $3,000 $14,000 $12,500
Investment Management/Research 3 5.6% 35 $792 $15,000 $10,000
Private Equity 3 8.4% 52 $788 $15,000 $8,000
Venture Capital 3 6.3% 39 $1,600 $8,500 $5,100
Forest Products/Packaging 3 0.2% 1 Insufficient
data 2
Healthcare 5.0% 31 $2,500 $12,000 $7,833
Biotech & Life Sciences 3 0.6% 4 Insufficient
data 2		 $0 $0
Healthcare Products/Medical Devices 1.3% 8 $4,800 $12,000 $8,000
Healthtech/Telemedicine 3 0.3% 2 Insufficient
data 2
Pharmaceutical Products 1.1% 7 $4,480 $9,000 $8,400
Services 3 1.6% 10 $2,500 $9,583 $5,000
Hospitality 0.2% 1 Insufficient
data 2
Law 2.4% 15 $14,000 $15,833 $15,000
Manufacturing Chemicals 0.8% 5 Insufficient
data 2
Media/Entertainment/Sports 1.0% 6 $2,329 $8,000 $5,120
Arts/Media/Entertainment 3 0.6% 4 Insufficient
data 2
Recreation/Leisure/Sports 0.3% 2 Insufficient
data 2
Non-Profit 3 2.1% 13 $3,763 $10,500 $5,000
Real Estate 3 1.1% 7 $3,200 $11,250 $8,500
Retail 3 1.8% 11 $3,500 $7,680 $6,900
Technology 17.7% 110 $1,600 $14,400 $8,000
Ecommerce and Internet 3 9.5% 59 $1,600 $11,220 $8,200
Financial Technology 3 0.8% 5 Insufficient
data 2
Hardware 3 1.8% 11 $5,280 $10,000 $6,579
Services 3 1.0% 6 $4,600 $6,960 $6,149
Software 3 4.3% 27 $2,160 $14,400 $7,520
Telecommunications 0.3% 2 Insufficient
data 2
Transportation Services Equipment 1.0% 6 $4,945 $9,116 $6,000
Automotive/Transportation Equipment 0.5% 3 Insufficient
data 2
Aerospace/Aviation 3 0.3% 2 Insufficient
data 2
Transportation Services 3 0.2% 1 Insufficient
data 2
All 100.0% 622 $788 $15,833 $9,600


(1) Nine students in the Class of 2022 reported having two internships.
(2) Compensation information is self-reported. 91% of students reporting accepted intern offers included salary information. Of that, 1% reported receiving no salary. For the 90% who reported salaries, the minimum, maximum, and median monthly salaries are represented above. Insufficient data indicates less than 1% reporting offers and/or less than 50% with salary information.
(3) Accepted offers in these industries include students doing summer internships at start-ups: Advertising/Marketing Services/Communications (1), Aerospace/Aviation (2), Agribusiness (1), Arts/Media/Entertainment (1), Consumer Products - Consumer Goods (2), Consumer Products - Food/Beverage/Tobacco (1), Financial Services - Commercial Banking (1), Financial Services - Diversified Financial Services (2), Financial Services - Investment Banking/Brokerage (1), Financial Services - Investment Management/Research (1), Financial Services - Private Equity (3), Financial Services - Venture Capital (3), Forest Products/Packaging (1), Healthcare - Biotech & Life Sciences (1), Healthcare - Healthtech/Telemedicine (2), Healthcare - Services (2), Non-Profit (2), Real Estate (2), Retail (1), Technology - Ecommerce And Internet (6), Technology - Financial Technology (2), Technology - Hardware (3), Technology - Services (2), Technology - Software (5), and Transportation Services (1).
In total, 8% of accepted offers for the Class of 2022 were with start-ups. For monthly base salary, the minimum was $1,600, the maximum was $11,000, and the median was $6,066.
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