Employment Statistics | 2004
Base Monthly Salaries by Function
— Summer Interns
| Major Functions Chosen by Summer Interns 2000-2004 |
Percent of Acceptances |
| Function |
'04 |
'03 |
'02 |
'01 |
'00 |
| Business development |
6 |
11 |
9 |
10 |
13 |
| Consulting* |
16 |
17 |
14 |
26 |
28 |
| General management/Leadership development |
5 |
5 |
5 |
3 |
2 |
| Industrial marketing |
— |
— |
1 |
— |
— |
| Investment banking |
9 |
6 |
11 |
12 |
9 |
| Investment management/research |
5 |
4 |
5 |
6 |
6 |
| Operations/production |
1 |
2 |
1 |
— |
1 |
| Other finance |
6 |
4 |
6 |
5 |
7 |
| Other marketing |
15 |
12 |
12 |
8 |
8 |
| Product management |
13 |
16 |
14 |
9 |
14 |
| Sales/trading |
2 |
2 |
2 |
4 |
4 |
| Service marketing |
— |
1 |
1 |
2 |
— |
| Strategic planning |
7 |
9 |
7 |
8 |
4 |
| Treasury/financial analysis |
4 |
2 |
1 |
2 |
— |
| *Includes consulting positions with public accounting firms. |
| Summer Intern Salary Acceptances by Function |
| Function |
%* |
Range |
Average |
Median |
| Business development |
6 |
$1,000-10,000 |
$4,900 |
$4,500 |
| Consulting |
16 |
2,000-12,500 |
7,800 |
8,400 |
| Finance: |
26 |
|
|
|
| |
Accounting/controller |
† |
|
|
|
| |
Investment banking |
9 |
1,000-10,000 |
6,900 |
7,100 |
| |
Investment management/
research |
5 |
1,000- 8,000 |
5,400 |
6,000 |
| |
Other finance |
6 |
1,000- 7,500 |
4,900 |
5,500 |
| |
Sales & trading |
2 |
3,000- 7,500 |
6,200 |
7,100 |
| |
Treasury/financial
analysis |
4 |
4,000- 7,500 |
6,400 |
6,000 |
General management/
leadership development |
5 |
1,400- 8,000 |
5,700 |
5,900 |
| Marketing: |
33 |
|
|
|
|
Industrial marketing |
† |
|
|
|
| |
Market research |
3 |
1,000- 6,300 |
4,300 |
4,800 |
|
Merchandising/retail |
1 |
2,800- 5,600 |
3,700 |
3,200 |
| |
Other marketing |
15 |
1,250- 8,000 |
5,300 |
5,800 |
| |
Product management |
13 |
1,000- 7,550 |
5,300 |
5,600 |
| |
Sales |
† |
|
|
|
| |
Service marketing |
† |
|
|
|
| Operations/production |
1 |
2,880- 6,000 |
5,100 |
5,700 |
| Other |
3 |
2,400-12,000 |
6,400 |
5,500 |
| Real estate |
3 |
|
|
|
| |
Development |
1 |
4,700- 7,300 |
6,000 |
6,000 |
| |
Finance |
2 |
1,500- 7,200 |
4,400 |
4,500 |
| Strategic planning |
7 |
1,200- 8,500 |
4,900 |
5,300 |
*Percentages have been rounded to the nearest whole number.
Indicates less than 1 percent of accepted offers. |
|
