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WHARTON UNDERGRADUATE CLASS OF 2016 - RISING SOPHOMORESSUMMER 2013 PURSUITS REPORTThis report summarizes summer pursuits of Wharton Undergraduate students between freshman and sophomore year. Studentresponses were collected using an online survey. Of the 645 Wharton students scheduled to graduate during the 2015 – 2016academic year, 254 completed the survey (39.4% response rate). Of those, 236 students (92.9%) indicated whether theirprimary summer activity was full-time employment, part-time employment, or other activities.Full-Time EmploymentNumber of Respondents:133Percent of Respondents:56.4%Paid Experience: 114Unpaid Experience: 19Number Reporting Salary: 66*Average Monthly Salary: 2,120*Average Hours Worked Per Week: 45Range of Hours: 35 - 120*Does not include stipends.Part-Time EmploymentOther ActivitiesNumber of Respondents:41Percent of Respondents:17.4%Paid Experience: 26Unpaid Experience: 15Number Reporting Salary: 20*Average Monthly Salary: 775*Average Hours Worked Per Week: 19Range of Hours: 2 - 32Number of Respondents:Percent of Respondents:Completed Classes: 38Independent Research: 6Other: 5Travel: 136226.3%Job Functions of Wharton InternsOther6.3%Nonprofit/Social Services4.2%Scientific ResearchCommunications5.8%2.1%AccountingReal ents interned in a wide array ofjob functions. Many worked invarious areas outside of financeincluding marketing, education,consulting, information technology,and scientific ent and financial planningand analysis were the most .6%HealthcareTrading2.1%0.5%GovernmentVenture estmentBanking2.6%SecuritiesResearch1.0%Chart is based on data from both full-timeand part-time positions.*Financial Planning& Analysis(non-banking)3.1%Private Equity1.0%Primary Summer ExperienceOther26.3%Almost 75% of Wharton sophomores participated insome kind of internship during summer 2012 – consistentwith data from the previous year. Fewer studentspursued unpaid internships this summer compared to lastyear’s class. Several students opted to pursue otheractivities such as classes or travel during the summer.Full-Time ll-TimeUnpaidInternship8.1%Prepared by S. David RossAssociate Director, Career ServicesUniversity of PennsylvaniaMarch 20141Part-Time PaidInternship11.0%
Average Monthly Summer Salary By IndustryData includes 66 respondents who indicated industry, worked full-time and reported salary data. Does not include stipends.INDUSTRY# gyFinancial ufacturingOtherReal Estate/ConstructionRetail / WholesaleTechnologyTransportation1 (1.5%)1 (1.5%)4 (6.1%)15 (22.7%)1 (1.5%)18 (27.3%)1 (1.5%)1 (1.5%)5 (7.6%)4 (6.1%)1 (1.5%)3 (4.5%)1 (1.5%)9 (13.6%)1 (1.5%)AVERAGE MONTHLY SALARY MONTHLY SALARY RANGE** 2,705 1,912* 1,816** 2,118 1,770* 2,208* 2,842*** 1,800 - 5,000 900 - 3,000* 300 - 4,000** 1,760 - 2,500 600 - 2,280* 1,675 - 3,000* 700 - 5,000**Salary statistics not released for categories with less than 3 respondents. Salary statistics include positions outside of the U.S.Geographic Distribution of InternsIncludes 191 students who reported internship location.UNITED STATESAlabamaCaliforniaConnecticutDistrict of usettsMaineMarylandMichiganMinnesotaMissouriNorth CarolinaNorth DakotaNew JerseyNew MexicoNew naBrazilCanadaChina (including Hong nyaMoroccoNigeriaPeruPuerto RicoSingaporeSouth KoreaSwedenTaiwanThailandUnited Arab EmiratesUnited KingdomVietnam49 students (25.7% ofrespondents) reportedcompleting internships outsidethe United States2116111114112211223211121
Date Internship Offer Was ReceivedIncludes 162 students who reported when they received their offers.Prior to January 20136.2%January 2013 - February 20138.0%March 201325.9%April 201326.5%May 201322.8%June 2013 or later10.5%How Students Obtained InternshipsPenn SponsoredInternship Program6.9%Online job/intern site(not PennLinkor iNet)3.2%Previous Employer4.0%Special Program1.1%Other6.3%Applied directly toorganization28.6%Career other41.1%Similar to last year, many studentslanded their internships throughnetworking contacts (41.0%) while asignificant percentage (28.6%) foundopportunities by applying directly tothe organization. More studentssecured opportunities this yearthrough non on-campus recruitingCareer Services leads (8.6%) andPenn sponsored internship programs(6.9%).Internships Completed By IndustryStudents responding to the summer survey were asked to provide the name and location of the organizations they worked for,along with their job titles. The list of responses below is organized by job industry.AccountingDeloitte & Touche, Taipei, Taiwan: Auditing Department InternKPMG India, Mumbai, India: Summer InternCommunicationsContemporary Communications Inc., Wichita, Kansas: CoordinatorMovoli, New York, New York: InternMy Content Planner, Huntsville, Alabama: Social Media Marketing InternThe Daily Pennsylvanian, Philadelphia, Pennsylvania: Opinion EditorVOGUE China, Shanghai, China: Stylist AssistantConsultingAccenture, Lagos, Nigeria: Title Not ProvidedCentennial Asia Advisors, Singapore: Title Not ProvidedChernoff Diamond & Co., Garden City, New York: Actuarial Intern, Legal InternConcannon Business Consulting, Irvine, California: Summer AssociateCV Associates, Harriman, New York: Accounting InternGood Company, Philadelphia, Pennsylvania: Intern3
MySigma, Lund, Sweden: Title Not ProvidedNuVista Strategies, Los Altos, California: Marketing Consultant InternPhase One Consulting Group, Alexandria, Virginia: Summer AssociateThrive Gaming, Philadelphia, Pennsylvania: InternTRG Healthcare, Philadelphia, Pennsylvania: Consulting InternWharton Small Business Development Center, Philadelphia, Pennsylvania: Summer ConsultantWharton Small Business Development Center, Philadelphia, Pennsylvania: Summer ConsultantEducationCenter for Health Equity Research - University of Pennsylvania, Philadelphia, Pennsylvania: Title Not ProvidedDaybreak Asia, China: TeacherHarvard Business School, Cambridge, Massachusetts: InternLeadership in the Business World - Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania: ResidentialTeam AdvisorLeadership in the Business World - Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania: ResidentialTeam AdvisorLeadership in the Business World - Wharton School, University of Pennsylvania, San Francisco, California: ResidentialTeam AdvisorLeadership in the Business World - Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania: Residentialand Teaching Asst.Leadership in the Business World - Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania: ResidentialTeam AssistantLeadership, Education and Development Business Program – Wharton School, University of Pennsylvania, Philadelphia,Pennsylvania: Residential Teaching AssistantLeonard Davis Institute, Philadelphia, Pennsylvania: SUMR ScholarM&T Summer Institute – University of Pennsylvania: Philadelphia, Pennsylvania: Residential Teaching AssistantNetter Center for Community Partnerships - University of Pennsylvania, Philadelphia, Pennsylvania: Career Access &College Readiness InstructorPEER Experience Exchange Rostrum, Beijing, China: Vice CoordinatorPenn Undergraduate Research Mentorship Program (PURM), Philadelphia, Pennsylvania: Research AssistantPenn Undergraduate Research Mentorship Program (PURM), Philadelphia, Pennsylvania: Research AssistantPenn Wharton Public Policy Initiative, Philadelphia, Pennsylvania, Research AssistantPenn Wharton Public Policy Initiative, Philadelphia, Pennsylvania, Title Not ProvidedPennCAP, Philadelphia, Pennsylvania: Peer CounselorPhiladelphia School District, Philadelphia, Pennsylvania: Legal AssistantPrivate Tutor, Location Not ProvidedSchool of Social Policy, Fudan University, Shanghai, China: Research AssistantSMART Academy, Guatemala City, Guatemala, TeacherThe Escape, Hong Kong, China, FounderUlsan National Institute of Technology, Ulsan, South Korea, Research AssistantUniversity of Pennsylvania, Philadelphia, Pennsylvania: NSOAI Team CoordinatorUniversity of Pennsylvania, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania, Philadelphia, Pennsylvania: Teaching AssistantUniversity of Pennsylvania, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania, Philadelphia, Pennsylvania: Undergraduate ResearcherUniversity of Pennsylvania - Facilities and Real Estate Services, Philadelphia, Pennsylvania: Sustainability InternUniversity of Pennsylvania - Perelman School of Medicine, Philadelphia, Pennsylvania: Lab AssistantUniversity of Pennsylvania - Wharton School, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania - Wharton School, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania - Wharton School, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania - Wharton School, Philadelphia, Pennsylvania: Research AssistantUniversity of Pennsylvania - Wharton SPUR, Philadelphia, Pennsylvania: Undergraduate ResearcherUniversity of Pennsylvania - Institute for Biomedical Informatics, Philadelphia, Pennsylvania: Research AssistantUniversity of Texas, MD Anderson Cancer Center, Houston, Texas: Research AssistantUT Southwestern Medical Center, Dallas, Texas: Summer Research Intern4
Energy/Natural Resources/UtilitiesUnison Energy, LLC., Mamaroneck, New York: Research AnalystFinancial Services3LP Associates, Lambda Prime Investment Fund, Boston, Massachusetts, Research AssistantAlbourne Partners, London, United Kingdom, Hedge Funds Research InternArden Asset Management, New York, New York: Summer Analyst/InternAxis Capital, Mumbai, India: InternBank of America Merrill Lynch, Guaynabo, Puerto Rico: Summer AnalystBienville Capital Management, New York, New York: Summer AnalystCB Insights, New York, New York: Summer AnalystChina Merchant Bank, Shanghai, China: InternCicerone Partners, New York, New York: InternCiti, Hong Kong, China: Summer InternCiti, Manila, Philippines: Title Not ProvidedCLSA, Boston, Massachusetts: Title Not ProvidedCME Group, New York, New York: Strategic Account Management AnalystDenham Capital LLP, Boston, Massachusetts: InternDetroit Venture Partners, Detroit, Michigan: Summer AnalystEquity Bank, Nairobi, Kenya: Title Not ProvidedGovernment Development Bank, San Juan, Puerto Rico: InternHighTower Advisors, Chicago, Illinois: Financial Advisory InternHuntington Bancshares Inc., Columbus, Ohio: InternJ.P. Morgan, Hong Kong, China: Title Not ProvidedMenora Miovtachim, Tel Aviv, Israel: AnalystMoneta Group, Clayton, Missouri: InternNew York Stock Exchange Euronext, New York, New York: Summer InternOaktree Capital, Los Angeles, California: InternOppenheimer, New York, New York: Title Not ProvidedRaymond James, Ottawa, Canada: Equity Research & Marketing InternSeraph Group, San Francisco, California: Summer AssociateSoldiers Field Capital Management, Boston, Massachusetts: Research and Development InternSouthwest Securities Co. Hangzhou, China: Business AnalystStudent Federal Credit Union, Philadelphia, Pennsylvania: Summer ManagerStudent Federal Credit Union, Philadelphia, Pennsylvania: ManagerStudent Federal Credit Union, Philadelphia, Pennsylvania: Summer ManagerTD Bank, Toronto, Canada: AnalystTeachers Credit Union, Fishers, Indiana: Bank TellerUBS, Hong Kong, China: InternWest Capital Management, Philadelphia, Pennsylvania: InternGovernmentAntioch Parks and Recreation, Antioch, Illinois: Camp CounselorCity of Toronto, Toronto, Canada: Camp CoordinatorDepartment of Justice, Washington, District of Columbia: Student InternMinistry of Foreign Affairs, Singapore: InternOffice of Senator Michael Bennet, Washington, District of Columbia: Legislative and Administrative InternRepublic of Korea Army, Seoul, South Korea: SergeantHealthcareChildren’s Hospital of Pittsburgh, Pittsburgh, Pennsylvania: Research AssistantHartford Healthcare, Hartford, Connecticut: Junior Research AssociateHospital of the University of Pennsylvania, Philadelphia, Pennsylvania: Research AssistantHospital of the University of Pennsylvania, Philadelphia, Pennsylvania: Research AssistantMedcan Clinic, Toronto, Canada: Product Development InternNorth Shore – LIJ Hospital, North Shore, New York: Title Not ProvidedNorth Shore – LIJ Health System, Manhasset, New York: InternOrthopedic & Shoulder Center, Bloomington, Illinois: Financial Operations ManagerUS Health Vest, New York, New York: Intern5
Hospitality/Leisure/SportsCamp Ojibwa for Boys, Eagle River, Wisconsin: CounselorCape Fear Lacrosse Association, Wilmington, North Carolina: Coach and RefereeFreehold Township Recreation Summer Camp, Freehold, New Jersey: Staff TrainerJulian Krinsky Camps and Programs, Philadelphia, Pennsylvania: Residential and Teaching AssistantNoah’s Ark Waterpark, Wisconsin Dells, Wisconsin: Cash Control SupervisorOasis Children’s Day Camps, Madison, New Jersey: Group LeaderRobinson Hill, Chicago, Illinois: Finance InternSalem Country Club, Peabody, Massachusetts: Assistant Pool DirectorInsuranceAllianz Insurance, Dubai, United Arab Emirates: InternManufacturingAir Products, Shanghai, China: Billing AnalystAmbev, Sao Paulo, Brazil: Summer InternArthrex, Inc., Naples, Florida: Global Information Systems InternPower Solutions International: Wood Dale, Illinois: Parts AssociateRS Cannery Ltd., Bangkok, Thailand: Summer Operations InternSpectrum Foods, Springfield, Illinois: Title Not ProvidedTeka, Ho Chi Minh, Vietnam: InternVector Marketing, Pittsburgh, Pennsylvania: Senior Sales AdvisorWhirlpool Corporation, Benton Harbor, Michigan: Talent Analytics InternNonprofitAmeriCorps, Farmington, New Mexico: Youth Development ProfessionalGlobal Development Collaborative, Trujillo, Peru: Title Not ProvidedHand In Hand East Africa, Nairobi, Kenya: Title Not ProvidedIslamic Circle of North America (ICNA) Relief Canada, Oakville, Canada: Marketing InternPenn International Business Volunteers, Rabat, Morocco: VolunteerPenn International Business Volunteers, Rabat, Morocco: Title Not ProvidedSamaj Pragati Sahayog, Madhya Pradesh, India: Title Not ProvidedThe Kamogelo Project, Gaborone, Botswana: InternThe Yonso Project, Yonso, Ghana: InternUnion MicroFinanza, La Union, Honduras: InternYouth Connex Mentoring Program: Burtonsville, MD: Marketing Intern/TutorOtherBlackburn, Waterford, Connecticut: Carpet Technician AssistantDavis Farmland, Sterling, Massachusetts: Maze BuilderThe Veloz Group, Los Angeles, California: Entrepreneurship/Business ManagementTotal Seed Production, Tipton, Indiana: Field WorkReal EstateCB Richard Ellis, Albany, New York: InternCole Contracting Inc.: Belle Vernon, Pennsylvania: LaborerColony Capital, Santa Monica, California: Summer AnalystEquus Capital Partners, LTD, Philadelphia, Pennsylvania: Corporate Acquisitions AssistantFortune International Realty, Miami, Florida: Marketing AssistantLinneman Associates, Philadelphia, Pennsylvania: InternMomentum Real Estate Partners, Miami, Florida: Title Not ProvidedPhillips Realty Capital, Bethesda, Maryland: Summer InternRealty ONE Group, Corona, California: Transaction CoordinatorRetail/WholesaleAmerican Girl, Miami, Florida: Title Not ProvidedAudi Delhi West, New Delhi, India: InternBCBG Max Azria, Canoga Park, California: StylistBed Bath & Beyond, Union, New Jersey: Intern6
Country Fair, North East, Pennsylvania: Sales AssociateCPC Designs, Wayne, Pennsylvania: Summer InternFive Ultimate, Seattle, Washington: SMP InternJ. Crew, Maple Grove, Minnesota: Sales SupportJos. A. Bank, Lake Forest, Illinois: Sales ExecutiveLagasse Sweet, Mansfield, Massachusetts: Intern/AssistantLong Beach Consulting, Long Beach, California: Independent Sales AgentMichael Kors, New York, New York: InternTommy Hilfiger, New York, New York: Merchandising InternVilla Enterprises, Edison, New Jersey: CashierWharton Pharmacy, Wharton, New Jersey: Pharmacy AssistantTechnologyAnimoto, New York, New York: Intern in Data and Software EngineeringApple, Inc., Cupertino, California: Business Operations InternCB Insights, New York, New York: Summer Research AnalystCentzy, New York, New York: Business Development InternEducator Online, Astana, Kazakhstan: Operations & Marketing InternEmerald Exam, Philadelphia, Pennsylvania: Title Not ProvidedGoogle, Inc., Mountain View, California: Freshman Engineering PracticumIntel Corporation, Location Not Provided: Title Not ProvidedInterSystems Corporation, Boston, Massachusetts: Software Developer InternJB Online Media, Media, Pennsylvania: Title Not ProvidedKairos, Miami, Florida: Business Development InternMandaSeguro.com, Location Not Provided: Social Media Manager InternOne Touch Direct, Tampa, Florida: InternParametric Dining, Philadelphia, Pennsylvania: Front End DeveloperPardot, Atlanta, Georgia: Client Services InternPhashtag, Toronto, Canada: Business AnalystSamsung SDS, Seoul, South Korea: Summer InternSpecops Software, Stockholm, Sweden: Marketing InternSpotlight Media, Fargo, North Dakota: Title Not ProvidedThe Grail Project, Venice, California: Technology AnalystVersal Group, Inc., San Francisco, California: Web Development InternVocus, London, United Kingdom: Title Not ProvidedYCharts, New York, New York: Software Engineering InternTransportationProuts Neck Yacht Club, Scarborough, Maine: Launch Driver7
responses were collected using an online survey. Of the 645 Wharton students scheduled to graduate during the 2015 – 2016 academic year, 254 completed the survey (39.4% response rate). Of those, 236 students (92.9%) indicated whether their primary summer activity was full-ti
