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2019 New Hires by Location: Intern

2019 New Hires by Location: Intern

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September 13, 2019

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2019 Full-Time Employment Statistics »

2019 Intern Employment Statistics »

Region	Percent of Hires	Number of Hires ¹	Median Monthly Salary ²
United States	89.2%	518	$10,000
Midwest	29.9%	174	$9,608
Chicago	26.5%	154	$10,000
West	26.5%	154	$9,208
Bay Area	13.8%	80	$8,800
Seattle	7.1%	41	$9,208
Los Angeles	4.3%	25	$9,000
Northeast	22.4%	130	$12,500
New York	18.8%	109	$12,500
Boston	3.3%	19	$11,250
Southwest	5.2%	30	$10,400
Dallas	1.7%	10	$13,750
Denver	1.4%	8	$8,800
Houston	1.2%	7	$10,417
South	3.6%	21	$10,000
Miami	1.5%	9	$13,500
Mid-Atlantic	1.5%	9	$11,250
International	10.8%	63	$7,000
Asia	4.5%	26	$7,000
Tokyo	1.9%	11	$8,436
Latin America and the Caribbean	3.8%	22	$6,600
São Paulo	2.2%	13	$6,600
Mexico City	1.0%	6	$10,475
Europe	1.2%	7	$9,290
Africa - Sub-Saharan	0.7%	4	Insufficient data²
Canada	0.5%	3	Insufficient data²
Israel	0.2%	1	Insufficient data²
All	100.0%	581	$9,852

(1)	Fourteen students in the Class of 2020 reported having two internships and two students reported three.
(2)	Compensation information is self-reported. 93% of students reporting accepted intern offers included salary information. Of that, 1% reported receiving no salary. For the 92% 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.

Class of 2019 offer comparison

Compare the class of 2019's function, industry, location, and job source data with that of the 2018 graduates by clicking on the tabs below.

Function
Industry
Location
Job Source

Functions

2019 2018

Function

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Analytics/Data Science ³

1.4%

0.9%

Business Development ³

2.4%

2.3%

Consulting

27.9%

162

24.0%

135

Corporate Strategy/Strategic Planning ³

9.5%

9.1%

Finance

35.6%

207

39.0%

219

Company Finance (Analysis/Treasury) ³

5.3%

4.8%

Investment Banking

12.7%

14.2%

Investment Management/Research ³

5.9%

6.2%

Private Client Services

0.5%

0.9%

Private Equity ³

6.0%

7.7%

Real Estate

0.7%

1.1%

Venture Capital ³

4.5%

3.7%

General Management ³

5.3%

5.9%

Marketing

6.9%

7.3%

Brand/Product Management ³

5.0%

5.3%

Marketing - Other ³

1.9%

0.9%

Operations - Production/Supply Chain Mgmt/Logistics ³

1.9%

2.5%

Product Management (Tech) ³

9.0%

8.7%

Other

0.2%

Industry

2019 2018

Industry

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Consulting

26.0%

151

22.4%

126

Consumer Products ³

5.7%

Education/Government/Nonprofit ³

2.4%

3.7%

Energy ³

1.0%

0.9%

Financial Services

31.2%

181

35.1%

197

Diversified Financial Services ³

5.7%

7.8%

Investment Banking/Brokerage

9.8%

11.0%

Investment Management/Research ⁴

5.3%

6.0%

Private Equity ³

6.2%

5.7%

Venture Capital ³

4.1%

3.9%

Healthcare Products and Services ^3,5

4.6%

2.8%

Manufacturing/Chemicals/Plastics

1.0%

2.0%

Media/Entertainment/Sports

1.4%

2.0%

Real Estate ³

1.5%

1.6%

Retail

2.4%

1.6%

Technology

19.6%

114

19.4%

109

eCommerce and Internet ³

10.5%

11.2%

Hardware ³

1.9%

1.6%

Software ³

5.5%

4.4%

Technology - Other ³

1.7%

Transportation Services Equipment ³

1.0%

2.0%

Other ³

2.1%

0.9%

Location

2019 2018

Location

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

United States

89.2%

518

87.0%

489

Midwest

29.9%

174

29.7%

167

Chicago

26.5%

154

25.8%

145

West

26.5%

154

24.4%

137

Bay Area

13.8%

14.2%

Seattle

7.1%

5.7%

Los Angeles

4.3%

3.7%

Northeast

22.4%

130

22.4%

126

New York

18.8%

109

18.7%

105

Boston

3.3%

3.2%

Southwest

5.2%

4.4%

Dallas

1.7%

1.4%

Denver

1.4%

Houston

1.2%

2.0%

South

3.6%

3.4%

Miami

1.5%

1.1%

Mid-Atlantic

1.5%

2.7%

International

10.8%

13.0%

Asia

4.5%

5.0%

Tokyo

1.9%

Latin America and the Caribbean

3.8%

4.3%

São Paulo

2.2%

1.4%

Mexico City

1.0%

2.0%

Europe

1.2%

1.8%

Africa - Sub-Saharan

0.7%

1.1%

Canada

0.5%

0.7%

Israel

0.2%

Job Source

2019 2018

Job Source

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

School-Facilitated

77.6%

451

80.8

454

Interview on Campus - Invite Schedule

36.7%

213

31.9%

179

Booth Facilitated Relationships (e.g., EIP, Fellow Student, Faculty, Student Groups, Trek, GTS Contacts, GTS Organization Notes)

13.4%

14.1%

Booth Job Posting/Resume Referral

12.0%

11.7%

Booth Recruiting and Networking Event (e.g., Corporate Conversation, Meet-n-Greet, Networking Night, Booth Panel Discussions)

8.6%

15.1%

Interview on Campus - Bid Schedule

5.0%

4.8%

Alumni Contact

1.0%

3.0%

Booth-Supported External Career Conference (e.g., Prospanica, NBMBAA, Boston Career Forum, Reach Out MBA)

0.9%

0.2%

Direct Contact with Company²

22.4%

130

19.2%

108

External Job Board/Industry Event/Organization Website (not through GTS)

9.5%

Personal/Prior Business Contact

8.3%

8.5%

Pre-MBA Recruiting Activity (pre-MBA Conferences, Internships, Employer Engagement)

2.2%

1.8%

Direct Contact from Organization

2.2%

2.7%

Executive Recruiter/Search Firm

0.2%

Class of 2019 offer comparison

Compare the function, industry, location, and job source data for the 2019 graduating class with the internship data for that same class.

Function
Industry
Location
Job Source

Functions

Full-Time Intern

Function

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Analytics/Data Science ³

1.4%

Business Development ³

2.4%

Consulting

27.9%

162

Corporate Strategy/Strategic Planning ³

9.5%

Finance

35.6%

207

Company Finance (Analysis/Treasury) ³

5.3%

Investment Banking

12.7%

Investment Management/Research ³

5.9%

Private Client Services

0.5%

Private Equity ³

6.0%

Real Estate

0.7%

Venture Capital ³

4.5%

General Management ³

5.3%

Marketing

6.9%

Brand/Product Management ³

5.0%

Marketing - Other ³

1.9%

Operations - Production/Supply Chain Mgmt/Logistics ³

1.9%

Product Management (Tech) ³

9.0%

Other

0.2%

Industry

Full-Time Intern

Industry

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

Consulting

26.0%

151

Consumer Products ³

5.7%

Education/Government/Nonprofit ³

2.4%

Energy ³

1.0%

Financial Services

31.2%

181

Diversified Financial Services ³

5.7%

Investment Banking/Brokerage

9.8%

Investment Management/Research ⁴

5.3%

Private Equity ³

6.2%

Venture Capital ³

4.1%

Healthcare Products and Services ^3,5

4.6%

Manufacturing/Chemicals/Plastics

1.0%

Media/Entertainment/Sports

1.4%

Real Estate ³

1.5%

Retail

2.4%

Technology

19.6%

114

eCommerce and Internet ³

10.5%

Hardware ³

1.9%

Software ³

5.5%

Technology - Other ³

1.7%

Transportation Services Equipment ³

1.0%

Other ³

2.1%

Location

Full-Time Intern

Location

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

United States

89.2%

518

Midwest

29.9%

174

Chicago

26.5%

154

West

26.5%

154

Bay Area

13.8%

Seattle

7.1%

Los Angeles

4.3%

Northeast

22.4%

130

New York

18.8%

109

Boston

3.3%

Southwest

5.2%

Dallas

1.7%

Denver

1.4%

Houston

1.2%

South

3.6%

Miami

1.5%

Mid-Atlantic

1.5%

International

10.8%

Asia

4.5%

Tokyo

1.9%

Latin America and the Caribbean

3.8%

São Paulo

2.2%

Mexico City

1.0%

Europe

1.2%

Africa - Sub-Saharan

0.7%

Canada

0.5%

Israel

0.2%

Job Source

Full-Time Intern

Job Source

Percent
of Hires

Number
of Hires

Percent
of Hires

Number of Hires

School-Facilitated

77.6%

451

Interview on Campus - Invite Schedule

36.7%

213

Booth Facilitated Relationships (e.g., EIP, Fellow Student, Faculty, Student Groups, Trek, GTS Contacts, GTS Organization Notes)

13.4%

Booth Job Posting/Resume Referral

12.0%

Booth Recruiting and Networking Event (e.g., Corporate Conversation, Meet-n-Greet, Networking Night, Booth Panel Discussions)

8.6%

Interview on Campus - Bid Schedule

5.0%

Alumni Contact

1.0%

Booth-Supported External Career Conference (e.g., Prospanica, NBMBAA, Boston Career Forum, Reach Out MBA)

0.9%

Direct Contact with Company²

22.4%

130

External Job Board/Industry Event/Organization Website (not through GTS)

9.5%

Personal/Prior Business Contact

8.3%

Pre-MBA Recruiting Activity (pre-MBA Conferences, Internships, Employer Engagement)

2.2%

Direct Contact from Organization

2.2%

Executive Recruiter/Search Firm

0.2%

2019 New Hires by Location: Intern

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