2007 Summer Internship Profiles
The following information reflects the self-reports of the Class of 2008 regarding their internships completed during the Summer of 2007. Most full-time W. P. Carey MBA students choose to complete an internship between their first and second years in the program. An internship is not required for completion of the W. P. Carey MBA.
Internship Salary
| Overall Hourly Base Salary |
$26.92 |
$30.00 |
$0-$58.75 |
Additional Compensation
| Average Bonus |
Percent receiving bonus |
1.52% |
| Average Housing allowance |
Percent receiving Housing Allowance |
22.73% |
| Relocation Assistance |
Percent receiving Relocation Assistance |
30.30% |
Hourly salaries may be converted to annualized salaries by multiplying by 2080. Some students selected unpaid internships, thus resulting in a range beginning at zero. Data for signing bonus and other compensation varies significantly by employer. For this reason, only the number of individuals receiving these types of compensation is reported.
Compensation by Specialization
| Financial Management & Markets |
$29.60 |
$30.00 |
$22.00-$33.65 |
| Supply Chain Management |
$34.21 |
$32.36 |
$15.00-$47.19 |
| Supply Chain Financial Management |
$33.08 |
$31.68 |
$26.25-$40.94 |
| Information Management |
$32.05 |
$33.65 |
$26.88-$35.63 |
| Strategic Marketing |
$24.47 |
$27.00 |
$1.88-$36.04 |
| Sports Business |
$9.91 |
$6.25 |
$0-$58.75 |
| Real Estate |
$17.67 |
$16.00 |
$12.00-$25.00 |
| Other Specializations |
$33.60 |
$34.23 |
$27.50-$38.45 |
| Health Sector Management* |
$35.16 |
$36.05 |
$15.00-$47.19 |
* Students pursuing the Health Sector Management dual degree program are reported within their chosen MBA specialization. In addition, data for this student population has been broken out as a separate group for reference.
Internships by Industry Type
| Consumer Products |
8.96% |
$30.57 |
$29.50 |
$27.00-$36.04 |
| Financial Services |
7.46% |
$29.95 |
$33.57 |
$22.00-$33.65 |
| Government |
2.99% |
$30.00 |
$30.00 |
$30.00-$30.00 |
| Manufacturing |
17.91% |
$29.80 |
$31.88 |
$1.88-$40.63 |
| Media/Entertainment |
5.97% |
$5.47 |
$6.25 |
$0-$9.38 |
| Non-Profit |
1.49% |
$58.75 |
$58.75 |
$58.75-$58.75 |
| Petroleum / Energy |
8.96% |
$37.01 |
$40.94 |
$26.25-$41.00 |
| Pharmaceutical / Biotech / Healthcare Products |
8.96% |
$36.41 |
$38.45 |
$15.00-$47.19 |
| Real Estate |
5.97% |
$17.67 |
$16.00 |
$12.00-$25.00 |
| Technology |
7.46% |
$33.53 |
$32.00 |
$31.00-$38.00 |
| Other |
23.88% |
$17.75 |
$19.00 |
$0-$33.34 |
Internships by Geographic Region
Midwest
(IL, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI) |
10.45% |
$33.27 |
$32.50 |
$25.44-$38.45 |
| Northeast (CT, ME, MA, NH, NJ, NY, RI, VT) |
7.46% |
$26.75 |
$34.38 |
$1.88-$47.19 |
South
(AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) |
4.48% |
$21.46 |
$25.00 |
$4.38-$35.00 |
| Southwest (AZ, CO, NM, OK, TX) |
59.70% |
$25.47 |
$29.00 |
$0-$58.75 |
West
(AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) |
17.91% |
$29.35 |
$31.63 |
$0-$41.00 |
Internships by Function
| Consulting |
1.49% |
$30.00 |
$30.00 |
$30.00-$30.00 |
| Finance / Accounting |
13.43% |
$25.65 |
$27.50 |
$12.00-$33.65 |
| General Management |
2.99% |
$20.79 |
$20.79 |
$3.13-$38.45 |
| Marketing / Sales |
23.88% |
$18.13 |
$11.00 |
$0-$58.75 |
| IS/Information Technology |
5.97% |
$32.32 |
$31.83 |
$30.00-$35.63 |
Supply Chain Management
(Operations / Logistics) |
40.30% |
$33.95 |
$32.21 |
$15.00-$47.19 |
| Other Function |
11.94% |
$20.48 |
$25.50 |
$4.38-$38.45 |
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