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Employment Statistics | 2002

Base Salaries by Function—Summer Interns

Major Functions Chosen by Summer Interns 1998-2002
Percent of Acceptances
Function   '02 '01 '00 '99 '98
Business development   9 10 13 8
Consulting*   14 26 28 28 34
General management/Leadership development   5 3 2 3 3
Industrial marketing   1 1 2
Investment banking   11 12 9 10 13
Investment management/research   5 6 6 5 3
Operations/production   1 1 2 2
Other finance   6 5 7 6 4
Other marketing   12 8 8 6 3
Product management   14 9 14 15 17
Sales/trading   2 4 4 3 6
Service marketing   1 2 1 1
Strategic planning   7 8 4 5 4
Treasury/financial analysis   1 2 1 2
*Includes consulting positions with public accounting firms.

Summer Intern Salary Acceptances by Function
Function   Percent* Range Average
Business development   9 $1,000-10,000 4,400
Consulting   14 1,700-12,500 6,800
Engineering        
Finance:   26    
  Accounting/controller   1 1,200- 9,800 5,200
  Investment banking   11 1,600- 8,300 6,300
  Investment management / research   5 2,500- 8,000 6,000
  Lending        
  Other finance   6 1,000-10,000 5,400
  Sales & trading   2 1,700- 7,100 6,500
  Treasury / financial analysis   1 5,500- 6,100 5,800
General management / Leadership development   5 1,300- 7,000 5,400
Human Resources        
Marketing:   32    

Industrial marketing   1 5,300- 7,000 6,100 
  Market research    3 3,600- 7,000 5,400 
  Other marketing   12 1,100- 7,500 5,100
  Product management   14 1,500- 7,000 5,200
  Sales        
  Service marketing   1 1,300- 6,400 3,900
MIS / EDP management         
Operations/production   1 2,000- 5,800 4,400
Other   3 1,500-10,500 6,400
Real estate   2    
  Development        
  Finance   2 4,000- 8,000 6,200
Strategic planning   7 1,400- 7,200 4,900
*Percentages have been rounded to the nearest whole number.
Indicates less than 1 percent of accepted offers.

 
 
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