What Companies Pay MBA Interns

Another hot market for MBA summer 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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