10 of the Top Companies for MBA Internships (2024)

FAQs

Which internship is best for MBA students? ›

These highly-rated companies include Amazon with an employee rating of 4.3 out of 5, EY rated 3.9 out of 5, Microsoft with a rating of 4.4 out of 5, Tata Consultancy Services with a 3.9 out of 5, and Google rated 4.5 out of 5 by employees, and more. Are you ready to apply for a new Intern role?

“I wish to pursue this internship to evaluate my inherent abilities and potential. Although I have accumulated a strong foundational knowledge in this domain, I think the best way to move forward would be to get practical working experience in an established platform, that is your company.

How much does a MBA Intern make? As of Nov 2, 2022, the average annual pay for a MBA Intern in the United States is $57,510 a year.

We suggest making three brief points along the lines of: 1) your year of study and degree subject; 2) your career aim or what career you're interested in; 3) a hobby or interest that you pursue in your spare time.

Are internship interviews easier? ›

In comparison to the hiring process taken as a whole, yes, the internship interview process is much easier than the hiring process. Just a decent resume and one or two phone calls will get you an internship.

Pursuing such an MBA course makes one eligible to secure a job with a good pay package in any industry. Some popular job profiles that aspirants can pursue after completing an MBA course in IT and Systems are listed below: Project Manager. Business Development Executive/ Manager.

The scope of MBA course is increasing day by day. MBA is one of the big job oriented professional programme and the most one which has been sought by the students. Once you have completed your degree, you have a great job opportunity in the industrial world. You may the manager or executive in term of designation.

Investment banking is the one of the highest MBA salary in India you can get. MBA graduates who wish to pursue this career path would have to choose their subjects with a focus on finance.

MBA internships give you the opportunity to work for some of the world's top firms, gain experience in a new industry, and put the learning and skills you've gained from your MBA into practice. If you perform well during an MBA internship, you could end up with a full-time job.

Absolutely. Most companies view interns like any other position they are trying to fill. They want the best talent at a reasonable price. Most companies will set an initial salary that is competitive in order to attract the applicants they want.

The total compensation for the summer is approximately $17,000. McKinsey internships are very competitive with some of the biggest tech companies and pay slightly less than Google and Microsoft internships. McKinsey MBA interns are paid approximately $32,000 for the ten-week summer internship.

How much do big 4 internships pay? ›

On average, Big 4 accounting interns make between $20 and $30 an hour. This works out to around $4,623 a year, depending on which Big 4 firm you intern with.

Average starting Salary for Student Intern in India is around ₹0.3 Lakh per year (₹2.5k per month). No prior experience is required to be a Student Intern. What is the highest salary for a Student Intern in India? Highest salary that a Student Intern can earn is ₹25.0 Lakhs per year (₹2.1L per month).

A good desired salary for an internship is $15 to $20 an hour. The range in how much an internship may pay can start from as little as $12 an hour to as much as $29 an hour. Factors such as industry and location Influence how much an intern can make.

“ A successful and qualified intern needs to have a willingness to learn. Internships are introductions to career fields that have the capacity to teach really valuable lessons for an interns future career path. Teaching them to be great listeners who know how to take direction and handle constructive criticism.”

Enthusiasm is invaluable

As an intern, I discovered it's essential to be enthusiastic and open to learning new skills, asking for more work and being curious to learn and ask questions. This attitude will show that you enjoy being part of the team and that you're keen to help.

Talk to Former Interns

You'll want to ask about the specifics of their day-to-day in the role and whether the internship aligned with their interests or degree. It's also worth checking whether this temporary gig turned into a job offer, and if so, how they've found the company since then.

56% of all interns in the United States have accepted job offers from the company they interned for. An additional 14% of all interns in the U.S. are given a part-time job offer after completing their internship.

How do you increase your chances of getting an internship? ›

Summer internships are about 10 to 12 weeks long, or the duration of one semester or quarter. However, internship duration can also be dictated by the length of a school break. For instance, winter internships typically take place over the course of a winter vacation.

As much as possible, an internship should be flexible in nature, as it is generally something a student pursues while also taking classes. During the academic year, internships are typically part-time, between 10-20 hours a week; not to exceed 20 hours a week (September-May).

You should expect to hear back from internships as early as 3 months prior if you applied early. However, most employers will reach out during this two-month period to request in-person or phone interviews.

The Stages of Internship focuses on five predictable stages students encounter during internships. These stages include: anticipation, disillusionment, confrontation, competence, and culmination.

I have all the skills and qualifications listed in the job description, and if you hire me, I promise to deliver quality work throughout the tenure of the internship. I possess excellent communication skills, I'm a team player, and most importantly, I'm a dedicated worker. All I want is a chance to prove it to you.”

MBA internships give you the opportunity to work for some of the world's top firms, gain experience in a new industry, and put the learning and skills you've gained from your MBA into practice. If you perform well during an MBA internship, you could end up with a full-time job.

Do internships matter for MBA? ›

Internships help students practically apply what they have learnt in the various courses and gain work experience that will be 'relevant' for their future work roles. Internships therefore play a crucial role in determining the student's professional worthiness.

If you have little to no work experience, you can still get an MBA. Early career MBA programs, for instance, equip you with the expertise and network for a successful first step into the professional world. You might also consider a deferred MBA program.

During a live project, you get to research real business problems to solve them or forecast them. It's more of research work than an internship. The internship is more about gaining practical experience using theoretical knowledge, which is quite different from a live project.

No, in most cases, IIMs, XLRI, and FMS don't count internships or working at an NGO as work experience. These institutes usually have a clear policy regarding work experience. Paid work experiences after graduation are counted.

A strong GPA can help you secure an internship in college. Internships are important because they give you hands-on experience in your chosen field. Because paid and unpaid internships are highly competitive, prospective programs often screen candidates using GPA.

Schools and colleges provide an immense network-building space! Make the best use of it while doing an MBA at 30 or 40. Try to participate in different programs, join clubs, meet new people, interact with them, and build a strong network. And this network will make your MBA over 30 worth it.

Why is the MBA salary so high? Most recruiters attribute their high trust in business school candidates to their versatility, good analytical skills, and excellent communication abilities.

What is the highest paid intern? ›

MBA in Business Analytics

11 lakhs p.a. While freshers can make around Rs. 5 – 8 lakh p.a., experienced professionals in the field can earn between Rs. 10 – 18 lakhs p.a. Those at a senior level can draw a salary between Rs. 30 – 55 lakhs annually.