How much should a MBA searcher get paid for an internship?

by a searcher from Duke University - The Fuqua School of Business

4 years ago

I am very, very new to the finance world. I see the posts on this board and feel like a kindergarten kid reading it. I'm leaving oil and gas to get a full time MBA at a top 10 program. I applied to internships and came across a search internship. What is the pay you can expect from an established firm?

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3 comments

professional from Wayne State University

Payment or no payment depends on your negotiations and skill set, as well as the duration.
Back when I entered my master's summer internship in Wash DC, only one of three interns was paid. It's more about the fit with the company you find that is willing to bring you on board.

4 years ago | like reply | 0 likes

searcher from The University of Texas at Austin - Red McCombs School of Business

It's more than likely going to be unpaid, but I think there is still value in doing it. However I definitely wouldn't burn your one summer internship opportunity on it. Rather, I'd do it part time during the semester (10 or so hours a week is probably right). The experience you'll get will help you understand if it's even for you, and if so, get up to speed faster when you do launch. Plus you may be able to work out something with the fund where if you find something and they don't like it but you do, you can pursue it.

4 years ago | like reply | 1 like

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