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Section Page Snapshot of Summer 2014 Survey 2 Primary Summer Prepared in February 2015 by Megan Kerr, Maxine Mitchell and Makena Finger Section Page Snapshot of Summer 2014 Survey 2 Primary Summer Experiences 3 Overall Salary Information 3 Salaries Over the Years by Class 4 Industry Breakdown 5 Salary by Industry 6 Job Type (Work Activities) Breakdown 7 Salary by Job Type 8-9 Method of Internship Search 9-10 Timing of Internship Search 11 Where International Students Worked 11-12 Summer Abroad Activities 12-13 Summer Jobs By Industry 14-45 SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 1 Career Services surveyed Penn undergraduates to gather information about their experiences over the summer. Student responses were collected using an online survey during the Fall of 2014. This report summarizes the responses from rising sophomores, juniors and seniors in the College of Arts and Sciences during the Summer of 2014. A total of 1,744 students – 616 rising seniors, 443 rising juniors, and 685 rising sophomores - completed the survey. Respondents included students pursuing dual degrees with Wharton (87), Engineering (17) and Nursing (6). The response rate among rising seniors is 37%, an increase from the 30% response rate for the Summer 2013 Survey. Overall Highlights Summer 2014 Summer 2013 Summer 2012 Summer surveys completed by CAS students 1,744 1,215 2,070 Internship search: most successful method Applied Directly Applied Directly Applied Directly of getting internship offer Offer date: students who found internships 69% 77% 73% by the end of April 2013 Top Employer (students hired) University of University of University of Pennsylvania (111) Pennsylvania (75) Pennsylvania (199) Interned Abroad: out of students who listed 9% 14% 12% work as their primary activity abroad Geographic Distribution: States with the Pennsylvania (281) Pennsylvania (298) Pennsylvania most interns New York (203) New York (245) New York California (55) California (54) California District of Columbia (54) Among Rising Seniors Summer 2014 Summer 2013 Summer 2012 Response rate 37% 30% 49% Paid position (full-time or part-time) 73% 72% 64% Average monthly salary (full-time) $2,995 / month $3,120 / month $3,054 /month Top Industries Finance Finance Finance Education Communications Education Nonprofit Nonprofit Nonprofit Consulting SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 2 Primary Summer Experiences and Salary Information Overall Rising Seniors Travel Other Classes / Indepen. Travel Other Independent 3% 4% Study Research 2% 3% Research Abroad 3% 2% 7% Classes / Study Work Part- Abroad 10% time, Unpaid 6% Work Part- Work Full- Work Part- time, Unpaid time, Paid time, Paid 7% 52% Work Full- 7% time, Paid Work Part- 57% time, Paid 9% Work Full- Work Full- time, time, Unpaid 13% Unpaid 15% Average # Range of Average # Range of Time Monthly Reporting Monthly Time Monthly Reporting Monthly Commitment Salary Salary Salary Commitment Salary Salary Salary Full-time Full-time (35+ hrs/wk) $2,335 613 $110- $20,833 (35+ hrs/wk) $2,995 290 $110- $20,833 Part-time $808 32 $100-$2,500 Part-time $838 137 $80-$6,000 Rising Juniors Rising Sophomores Travel Independent Travel Other Research 3% 3% Independ. 5% 2% Research 1% Classes / Study Abroad Work Part- 14% Work Full- Work Full- time, Unpaid time, Paid Work Part- time, Paid 7% 50% time, Unpaid 48% 7% Work Part- time, Paid Work Part- 13% time, Paid 13% Work Full- Work Full- time, Unpaid time, Unpaid 16% 9% Average # Range of Average # Range of Time Monthly Reporting Monthly Time Monthly Reporting Monthly Commitment Salary Salary Salary Commitment Salary Salary Salary Full-time Full-time (35+ hrs/wk) $2,119 154 $320-$10,000 (35+ hrs/wk) $1,400 169 $200-$8,000 Part-time $1,119 23 $320-$6,000 Part-time $771 81 $80-$2,085 SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 3 Salaries over the Years by Class______________________ ______ Rising Seniors Rising Juniors $3,500 $2,500 $3,000 $2,000 $2,500 $1,500 $2,000 $1,500 $1,000 AVERAGE MONTHLY SALARY AVERAGE MONTHLY AVERAGE MONTHLY SALARY AVERAGE MONTHLY $1,000 $500 $500 $0 $0 Summer Summer Summer Summer Summer Summer 2014 2013 2012 2014 2013 2012 Full-Time $2,995 $3,120 $3,054 Full-Time $2,119 $1,943 $1,818 Part-Time $808 $1,064 $840 Part-Time $1,119 $812 $839 Rising Sophomores $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 AVERAGE MONTHLYSALARY $400 $200 $0 Summer Summer Summer 2014 2013 2012 Full-Time $1,400 $1,488 $1,528 Part-Time $771 $645 $814 SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 4 Industries Hiring College Students Rising Seniors Rising Juniors Energy/Natural Hospitality/Sports Other Services (Design, Real Estate/Construction Manufacturing Insurance Other Services transportation) Resources 1% 1% 2% 1% (Design, 1% 1% Insurance 1% Manufacturing transportation) Hospitality/Sports 2% 0.4% Real 2% Legal Estate/Construction 2% 2% Legal Pre -school to Higher Education Finance 2% Secondary Ed. 19% 12% 3% Retail/Wholesale 2% Retail/Wholesale Technology Technology 5% Consulting 4% 5% Healthcare 2% 12% Communications Other 10% 7% Pre-school to Government Secondary Ed. 5% Government 4% Nonprofit Finance 7% 10% Nonprofit 10% Higher 7% Education Healthcare Consulting Communication Other 7% 9% 8% s 8% 8% Rising Sophomores Top Internship Employers Other Services (Design, The following organizations hired 5 or more CAS students transportation) Energy/Natural during Summer 2014: Manufacturing 1% Resources Consulting 1% 1% 1% Insurance Legal 0.4% Employer # of Students Real 1% Accounting 0.4% Estate/Construction University of Pennsylvania 111 2% University of Pennsylvania - Perelman Hospitality/Sports School of Medicine 38 2% Other Technology 14% Children's Hospital of Philadelphia 14 2% Retail/Wholesale Hospital of the University of Pennsylvania 13 4% Goldman Sachs 12 Finance 4% Google 8 Healthcare 12% Wistar Institute 8 Communications, Morgan Stanley 8 6% J.P. Morgan 7 Pre-school to Higher Secondary Ed. Education Credit Suisse 6 7% 10% Bank of America Merrill Lynch 5 Government Nonprofit 7% 8% SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 5 Full-time Salary by Industry (All Class Years) ___ ___ *Salary statistics are not released for industries where fewer than 3 students reported full-time salaries. Range of Monthly Average Monthly Salary # Reporting Salary Industry Salary Communications: Advertising/Public Relations $1,314 15 $360-$2,400 Communications: Media/Entertainment $1,242 16 $232-$3,000 Communications: Publishing/Printing $1,551 7 $840-$1,920 Consulting $3,529 38 $400-$7,000 Design $1,527 6 $200-$3,500 Education: Elementary/Secondary Education $1,528 29 $320-$8,000 Education: For Profit Education $1,197 5 $408-$2,800 Education: Higher Education $1,674 10 $1,100-$2,880 Education: Research Labs/Centers - Higher Education $1,708 59 $260-$4,000 Energy/Natural Resources/Utilities $1,707 5 $735-$3,200 Financial Services $4,105 108 $200-$10,000 Government: Local Government $1,287 7 $400-$1,960 Government: Federal Government $3,469 10 $400-$20,833 Government: Non-U.S. Government Service $1,343 3 $670-$2,000 Healthcare: Community / Public Health Center $1,292 10 $600-$1,900 Healthcare: Hospital $1,575 34 $350-$4,800 Healthcare: Private Health Care Provider (for profit) $2,037 11 $300-$3,360 Hospitality / Leisure / Sports $1,796 11 $540-$3,000 Insurance $2,439 10 $400-$4,800 Legal Services $1,969 9 $500-$4,500 Manufacturing: Biomedical Products/Pharmaceuticals $2,061 8 $480-$4,000 Manufacturing: Consumer Products (food, household & personal care) $2,756 4 $400-$5,022 Nonprofit: Cultural Institutions/Arts and Cultural Affairs $1,636 7 $360-$5,500 Nonprofit: Public Interest/Advocacy $1,514 24 $450-$3,600 Nonprofit: Social Services $1,182 8 $800-$2,048 Other $1,454 73 $300-$4,000 Real Estate/Construction $2,016 15 $440-$4,500 Retail/Wholesale $1,821 17 $400-$5,000 Technology $3,473 42 $110-$9,840 SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 6 Job Types / Work Activities (All Class Years) Real Estate Law Engineering Energy / Environment 1% 1% Economics 1% 1% Hospitality / Leisure / Sports 1% 2% Accounting 1% Management / Administration 2% Information Scientific Research Technology 14% 2% Government Arts and Culture 5% 3% Other 13% Consulting 6% Marketing 6% Finance Healthcare 11% 6% Not For Profit / Education Communications 7% Social Services 9% 8% Job Duties Frequent job duties reported by students. SUMMER 2014 SURVEY REPORT – COLLEGE OF ARTS AND SCIENCES 7 Full-time Salary by Job Type (Work Activities) ____________________ *Excludes job types with < 3 students working full-time and reporting salaries. Range of Job Type Average Monthly Salary # Reporting Salary Monthly Salary Accounting: Internal Accounting $1,150 4 $300-$1,200 Arts and Culture: Graphics / Design $1,501 6 $200-$3,500 Communications: Advertising/Account Mgmt./Media Planning $1,080 14 $360-$3,200 Communications: Journalism/Other Writing $1,405 14 $232-$3,200 Communications: Public Relations $2,133 6 $1,280-$3,760 Consulting: Management/Strategy $3,404 29 $400-$7,000 Consulting: Research $2,412 15 $400-$6,083 Economics: Economic Research/Econometrics $2,704 5 $1,300-$4,800 Education: Administration $1,428 8 $320-$2,800 Education: Research $1,306 17 $487-$2,666 Education: Teaching $1,964 19 $408-$8,000 Energy/Environment: Research $1,345 3 $735-$2,000 Finance: Commercial Banking/Lending $2,533 3 $1,600-$4,000 Finance: Financial Planning & Analysis (non-banking) $1,911 13 $500-$4,000 Finance: Investment Banking $4,970 28 $1,800-$8,375 Finance: Investment Management/Counsel $3,532 12 $600-$6,000 Finance: Private
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