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The Wharton School UNIVERSITY OF PENNSYLVANIA The Wharton School Summer 2018 Survey Report Overview Internships & Jobs by Summer Plans | Employers | Industries | Job/Internship Offers | Salaries Concentration Job & Internship Locations Work & Internships by Rising Seniors Industry * Rising Juniors Salaries by Industry * Rising Sophomores Salaries by Job Function * *Summer 2018 Industry Report (contains information from all Undergraduate Schools) Methodology Career Services at the University of Pennsylvania annually surveys undergraduates about their summers. This report looks at rising sophomores, juniors and seniors from The Wharton School during the summer of 2018. There were 632 responses, a 31% response rate. 2018 THE WHARTON SCHOOL Summer Plans Survey Primary Summer Activity Type of Work/Internship 632 responses 556 responses Traveled/ Other, 1% 85% 4%10% Time Off, 2% Completed Classes, 6% Average Paid Paid Unpaid/ Full-time Part-time Volunteer Monthly Salary $4,262 $1,577 443 responses Industries Work/ 559 responses Internship, 91% 47% Financial Services 12% Technology 11% Consulting How They Heard About the Opportunity 5% Education 553 responses 5% Real Estate/Construction Contacts 31% 4% Manufacturing Applied Directly 20% 4% Communications Handshake/iNet 17% 3% Retail/Wholesale Online Job/Internship Site 8% 3% Healthcare 1% On Campus Recruiting 7% Government 1% Nonprofit Other 5% 1% Other Penn Sponsored Internship Program 4% 1% Insurance Other Career Services Resource 3% 1% Hospitality/Leisure/Recreation/Sports Previous Employer 3% 1% Energy/Natural Resources/Utilities 0% Other Penn Resource 3% Transportation Popular Employers When They Got Their Offer JPMorgan Chase & Co (17) 554 responses University of Pennsylvania (17) Morgan Stanley (15) Goldman Sachs (13) Facebook (9) 18% Citi (8) 15% McKinsey & Company (8) 11% 11% 7% 9% 9% Credit Suisse (7) 6% 7% 5% 2% Bain & Company (6) The Blackstone Group (5) Before Sep Oct Nov Dec Jan Feb Mar Apr May Jun or Evercore (5) Aug Later Wells Fargo (5) Boston Consulting Group (4) 2017 2018 Google (4) 2018 THE WHARTON SCHOOL Summer Plans Survey Internships & Jobs: United States Popular Cities 490 responses New York (197) Philadelphia (72) San Francisco (23) Los Angeles (16) Chicago (16) Boston (13) Menlo Park (11) Washington, D.C. (6) Stamford (5) Baltimore (5) Seattle (4) Mountain View (4) Austin (4) Houston (4) Denver (4) Dallas (3) Princeton (3) McLean (3) Internships & Jobs: International Popular Cities 69 responses Hong Kong (6) Singapore (6) Tel Aviv (4) Shanghai (4) London (3) Madrid (3) Monterrey (2) Beijing (2) Mexico City (2) 12% Nairobi (2) Worked Santiago (2) Internationally Toronto (2) Seoul (2) Tokyo (2) 2018 THE WHARTON SCHOOL Rising Seniors Primary Summer Activity Paid Work/Internships 242 responses 231 responses Completed Classes, 0.4% Traveled/Time Off, 0.4% 94% Other, 0.8% Average (3%) (3%) Paid Paid Unpaid/ Monthly Full-time Part-time Volunteer Salary 197 responses $5,498 Work/ Industries Internship, 98% 231 responses 55% Financial Services 15% Consulting How They Heard About the Opportunity 11% Technology 229 responses 4% Manufacturing Contacts 28% 3% Communications Handshake / iNet 22% 3% Retail/Wholesale Applied Directly 18% 3% Real Estate/Construction On Campus Recruiting 14% 2% Healthcare Previous Employer 4% 1% Insurance Other Career Services Resource 4% 1% Education Other Penn Resource 3% 1% Other Online Job/Intership Site 3% 1% Government Other 3% 0% Transportation Penn Sponsored Internship Program 0% When They Got Their Offer 229 responses 19% 17% 13% 13% 10% 7% 7% 4% 4% 4% 1% Before Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun or Later 2017 2018 2018 THE WHARTON SCHOOL Rising Juniors Primary Summer Activity Paid Work/Internships 273 responses 249 responses Completed Classes, 3% Other, 1% 88% 3% 10% Traveled/Time Off, 3% Average Paid Paid Unpaid/ Full-time Part-time Volunteer Monthly Salary $3,425 $1,230 203 responses Work/ Industries Internship, 93% 252 responses 46% Financial Services 12% Technology How They Heard About the Opportunity 8% Consulting 250 responses 6% Real Estate/Construction Contacts 32% 6% Education Applied Directly 21% 5% Manufacturing Handshake / iNet 15% 5% Communications Online Job/Intership Site 12% 4% Retail/Wholesale Other 6% 3% Healthcare Penn Sponsored Internship Program 4% 2% Other Other Career Services Resource 3% 2% Nonprofit On Campus Recruiting 2% 1% Energy/Natural Resources/Utilities Previous Employer 2% 1% Government Other Penn Resource 2% When They Got Their Offer 250 responses 18% 21% 12% 13% 8% 9% 6% 6% 2% 2% 2% Before Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun or Later 2017 2018 2018 THE WHARTON SCHOOL Rising Sophomores Primary Summer Activity Paid Work/Internships 117 responses 76 responses Other, 1% Traveled/Time Off, 4% 53% 14% 24% 9% Average Paid Paid Unpaid/Volunteer Completed Full-time Part-time Full-time | Part-time Classes, 26% Monthly Salary $2,236 $1,116 43 responses Work/ Internship, 69% Industries 76 responses 28% Financial Services 16% Education How They Heard About the Opportunity 14% Technology 74 responses 12% Consulting Contacts 39% Applied Directly 23% 7% Real Estate/Construction Penn Sponsored Internship Program 14% 5% Government Other 7% 4% Nonprofit Online Job/Intership Site 7% 4% Hospitality/Leisure/Recreation/Sports Handshake / iNet 4% 3% Manufacturing Previous Employer 3% 3% Healthcare Other Career Services Resource 3% 3% Communications Other Penn Resource 1% 3% Other On Campus Recruiting 0% When They Got Their Offer 75 responses 39% 21% 7% 9% 8% 1% 4% 5% 5% Before Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun or Later 2017 2018 2018 THE WHARTON SCHOOL Internships & Jobs by Concentration Accounting Actuarial Science Behavioral Economics Business Analytics Business Economics & Public Policy Finance Global Analysis Health Care Management and Policy Legal Studies and Business Ethics Management Managing Electronic Commerce Marketing Marketing & Communication Marketing & Operations Management Operations Information & Decisions Real Estate Retailing Social Impact and Responsibility Statistics Undeclared 2018 THE WHARTON SCHOOL Internships & Jobs by Concentration Accounting BCG, Summer Associate + BMO Harris, Intern + + Rising Senior Bryant Park Capital, Summer Analyst * * Rising Junior Capital One, Product Management & Analytics Intern * ○ Rising Sophomore CDIB Capital International, Summer Analyst * Credit Suisse, Investment Banking Summer Analyst + Evercore, Summer Analyst + Evercore, Summer Analyst + GAMCO Investors, Inc., Equity Research Analyst Intern * Goldman Sachs, Summer Analyst + HSBC, Global Markets Summer Intern * JetBlue Airways, Product Development Intern + Natixis, Summer 2018 Treasury Analyst + PJT Partners, Summer Analyst + PwC, Consulting Trainee * RBC, Summer Analyst + Silver Lake, Summer Analyst + Vineyard Vines, Finance & Accounting Intern * Wells Fargo Advisors, Summer Analyst * Actuarial Science AllianceBernstein, Fixed Income Intern + Facebook, Data Analytics Intern * Monell Chemical Senses Center, Jr. Accountant + National University of Singapore, Research Intern * Nuveen, Intern + Transamerica, Actuarial Intern + Behavioral Economics Bain Capital, Private Equity Summer Analyst + F5 Networks, UX Research Intern + Galera Consultores, Summer Intern * J. P. Morgan, Markets Summer Analyst + J. P. Morgan, Summer Analyst * JLL, Marketing Intern + LionBird Ventures, Summer Investment Analyst * Societe Generale, Markets Trading Summer Analyst + Business Analytics 20th Century Fox, Digital Marketing Intern + AB Bernstein, Associate + Accenture, Strategy Consultant + Airbnb, Software Engineering Intern + Artemis Real Estate Partners, Summer Intern * Atomic, Data Analytics Intern * Audax Group, Summer Analyst + 2018 THE WHARTON SCHOOL Axel Johnson Inc, Summer Analyst * Bain & Company, Associate Consultant Intern + Balyasny Asset Management L.P., Big Data Intern * Bloomingdale's, Inc., Buying Intern + BlueCrest Capital, Summer Analyst + + Rising Senior Boston Consulting Group, Summer Associate + * Rising Junior Boston Consulting Group, Summer Associate + ○ Rising Sophomore cg42, Undergraduate Intern + Comcast, Business Strategy Intern + Credit Suisse, Summer Analyst + Evercore, Summer Analyst + Evercore, Summer Analyst + Exeter, Summer Intern * F5 Networks, UX Research Intern + Facebook, Data Scientist Intern + Facebook, Facebook University - Analytics Intern * Financial Partners Capital Management, Summer Research Analyst * FTI Consulting, Data & Analytics Intern + Galera Consultores, Summer Intern * Goldman Sachs, Intern + Google, Associate Product Marketing Manager + Google, Business Intern + IBM, Analytics & Data Intern + Incus Capital, Intern + Interbrand, Strategy & Analytics Intern ○ J. Walter Thompson (JWT), Accounts Intern + JMI Equity, Summer Investment Analyst * JP Morgan, Summer Analyst * JPMorgan Chase & Co, Investment Banking Summer Analyst + JPMorgan Chase & Co, Technology Analyst Intern * KPMG, Innovation Lab Intern + KPMG, Strategy Consulting Intern + Lazard Asset Management, Summer Analyst + Liberty SBF, Summer Intern * McKinsey & Company, Business Analyst * Moelis & Company, Summer Analyst + Moody's Analytics, Business Analyst Intern * Morgan Stanley, Investment Banking Summer Analyst + Morgan Stanley, Technology Analyst + Northwestern Mutual, Wealth Management Summer Analyst * Ogilvy, Intern + Pacer Partners, Summer Analyst + Paramount Pictures, Market Intelligence and POS Tracking Intern * PJT Partners, Summer Analyst + PNC, Finance and Accounting Intern + PwC, International Corporate
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