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Employment Statistics | 2003

Base Monthly Salaries by Function—Summer Interns

Major Functions Chosen by Summer Interns 1999-2003
Percent of Acceptances
Function   '03 '02 '01 '00 '99
Business development   11 9 10 13 8
Consulting*   17 14 26 28 28
General management/Leadership development   5 5 3 2 3
Industrial marketing   1 1
Investment banking   6 11 12 9 10
Investment management/research   4 5 6 6 5
Operations/production   2 1 1 2
Other finance   4 6 5 7 6
Other marketing   12 12 8 8 6
Product management   16 14 9 14 15
Sales/trading   2 2 4 4 3
Service marketing   1 1 2 1
Strategic planning   9 7 8 4 5
Treasury/financial analysis   2 1 2 1
*Includes consulting positions with public accounting firms.

Summer Intern Salary Acceptances by Function
Function   Percent* Range Average
Administration        
Business development   11 $1,000-8,300 4,700
Consulting   17 1,000-10,000 7,300
Finance:   19    
  Accounting/controller        
  Investment banking   6 1,800- 9,200 6,800
  Investment management / research   4 1,500- 7,100 5,100
  Lending        
  Other finance   4 1,000- 7,100 4,300
  Sales & trading   2 7,100- 7,200 7,100
  Treasury / financial analysis   2 1,500- 9,100 5,100
General management / Leadership development   4 1,300- 7,000 4,500
Human Resources        
Marketing:   32    

Industrial marketing        
  Market research    2 1,800- 6,200 5,200 

Merchandising/retail        
  Other marketing   12 2,000- 12,000 4,900
  Product management   16 1,000- 6,500 5,100
  Sales        
  Service marketing   1 2,000- 8,000 4,900
Operations/production   2 2,000- 7,700 4,800
Other   3 1,700-12,500 6,700
Real estate-finance   2 1,700- 7,000 5,000
Strategic planning   7 1,500- 8,000 5,100
*Percentages have been rounded to the nearest whole number.
Indicates less than 1 percent of accepted offers.

 
 
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