Employment Statistics | 2005
Base Monthly Salaries by Function
— Summer Interns
| Major Functions Chosen by Summer Interns 2001-2005 |
Percent of Acceptances |
| Function |
'05 |
'04 |
'03 |
'02 |
'01 |
| Business development |
5 |
6 |
11 |
9 |
10 |
| Consulting* |
20 |
16 |
17 |
14 |
26 |
| General management/Leadership development |
3 |
5 |
5 |
5 |
3 |
| Investment banking |
6 |
9 |
6 |
11 |
12 |
| Investment management/research |
5 |
5 |
4 |
5 |
6 |
| Operations/production |
2 |
1 |
2 |
1 |
— |
| Other finance |
5 |
6 |
4 |
6 |
5 |
| Other marketing |
13 |
15 |
12 |
12 |
8 |
| Product management |
16 |
13 |
16 |
14 |
9 |
| Sales/trading |
1 |
2 |
2 |
2 |
4 |
| Service marketing |
2 |
— |
1 |
1 |
2 |
| Strategic planning |
9 |
7 |
9 |
7 |
8 |
| Treasury/financial analysis |
2 |
4 |
2 |
1 |
2 |
| *Includes consulting positions with public accounting firms. |
| Summer Intern Monthly Salary Acceptances by Function |
| Function |
%* |
Range |
Average |
Median |
| Business development |
5 |
$2,000- 6,700 |
$4,800 |
$5,800 |
| Consulting |
20 |
2,000-10,000 |
8,230 |
8,500 |
| Finance: |
21 |
|
|
|
| |
Accounting/controller |
† |
|
|
|
| |
Investment banking |
6 |
4,000- 9,100 |
7,765 |
7,920 |
| |
Investment management/
research |
5 |
1,000- 9,100 |
6,390 |
7,000 |
| |
Lending |
† |
|
|
|
| |
Other finance |
5 |
500- 8,000 |
5,195 |
5,180 |
| |
Sales & trading |
1 |
2,000- 8,000 |
6,140 |
7,610 |
| |
Treasury/financial
analysis |
2 |
1,000- 7,920 |
5,710 |
5,900 |
General management/
leadership development |
3 |
2,000- 8,300 |
5,360 |
5,915 |
| Marketing: |
33 |
|
|
|
|
Advertising |
† |
|
|
|
|
Industrial marketing |
† |
|
|
|
| |
Market research |
1 |
3,680- 7,000 |
5,270 |
5,000 |
| |
Other marketing |
13 |
700- 7,730 |
5,440 |
5,825 |
| |
Product management |
16 |
600- 7,000 |
5,520 |
5,850 |
| |
Service marketing |
2 |
800- 6,585 |
5,145 |
5,925 |
| MIS/EDP management |
† |
|
|
|
| Operations/production |
2 |
2,400- 6,700 |
5,255 |
5,715 |
| Other |
4 |
2,000-10,400 |
8,045 |
10,000 |
| Real estate |
4 |
|
|
|
| |
Development |
2 |
1,000- 6,670 |
4,005 |
4,600 |
| |
Finance |
2 |
2,500- 7,500 |
5,610 |
6,585 |
| Strategic planning |
9 |
1,400-10,000 |
5,030 |
5,240 |
*Percentages have been rounded to the nearest whole number.
Indicates less than 1 percent of accepted offers. |
|
