What Companies Pay MBA Interns

money, salary, pay

Where student interns go also reveals obvious strengths of many schools. Business schools sending more than a third of their first-year classes into finance include Columbia (45%), Wharton, Chicago Booth and Georgetown University’s McDonough School (38%), NYU Stern (36%), and Yale (33%) (see below table). Schools that are generating big interest in tech include UC-Berkeley’s Haas School (37%), Stanford (35%), Carnegie Mellon (35%), London Business School (26%), and the University of Texas (25%).

Carnegie Mellon’s Tepper School (38%) and Northwestern University’s Kellogg School of Management (24%) lead all schools in turning out more consultant-bound MBA interns. They are closely followed by Dartmouth Tuck and Chicago Booth (22%), MIT Sloan, Virginia’s Darden School, Duke Fuqua, and Michigan Ross (21%). Leading in interns that head into consumer product companies are Emory’s Goizueta School (18%), INSEAD and Washington University (16%), Kellogg and Michigan (15%).

In healthcare and pharma, another area in which there is growing student interest, Washington University (21%), Vanderbilt (11%), and Berkeley and Carnegie (10%) are sending significant numbers of MBA students into internships.

Where MBAs Interns From Leading Business Schools Work

School Consulting Finance Tech Consumer Healthcare
Stanford 10% 21% 35% 9% 6%
Harvard 14% 27% 21% 8% 7%
Wharton 18% 38% 16% 9% 7%
Chicago 22% 38% 16% 7% 3%
Columbia 19% 45% 11% 7% 2%
Northwestern 24% 19% 15% 15% 8%
MIT Sloan 21% 20% 21% 5% 6%
Dartmouth 22% 27% 15% 11% 8%
Duke 21% 21% 22% 10% 8%
Berkeley 18% 15% 37% 8% 10%
Michigan 21% 17% 19% 15% 7%
Yale 18% 33% 9% 9% 6%
Virginia 21% 30% 15% 8% 4%
UCLA 14% 17% 20% 2% 4%
Cornell 14% 34% 15% 13% 4%
NYU 15% 36% 3% 9% 2%
Carnegie 28% 17% 35% 7% 10%
Texas 15% 22% 25% 11% 3%
Emory 18% 33% 5% 18% 1%
Georgetown 18% 38% 5% 10% 4%
Washington Univ. 3% 21% 8% 16% 21%
Vanderbilt. 12% 22% 21% 11% 11%
London 18% 28% 26% 4% 7%
INSEAD* 16% 22% 12% 16% 6%

Source: Business school employment reports

Notes: * 55% of INSEAD students had summer internships

DON’T MISS: AVERAGE SALARY & BONUS AT THE TOP 50 U.S. BUSINESS SCHOOLS or BEST & WORST MBA PLACEMENT AT TOP BUSINESS SCHOOLS

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