Ninty nine percent of UCLA Anderson students are hired for a 10 to 12 week internship between their first and second year. Over 43 percent of the class of 2011 graduates seeking employment received a full-time offer from their summer internship. Here is a snapshot of internship data and several student experiences:
Industry Summary
| Industry | % of Hires | Mean Monthly Salary |
|---|---|---|
| Consulting | 9.40% | $8,248 |
| Consumer | 11.00% | $5,300 |
| Financial | 24.90% | $6,939 |
| Health Care | 7.50% | $6,134 |
| Manufacturing | 1.80% | $5,903 |
| Media/Entertainment | 11.90% | $4,131 |
| Not-for-Profit | 1.80% | $4,475 |
| Petroleum/Energy/Utilities | 4.00% | $4,668 |
| Real Estate | 3.00% | $4,883 |
| Technology | 20.70% | $6,136 |
| Other | 4.00% | $4,820 |
Top Hiring Internship Companies
Function Summary (Function, Mean Salary/Bonus/Other)
| Function | % of Hires | Mean |
|---|---|---|
| Consulting | 13.40% | $7,772 |
| Finance/Accounting | 33.00% | $6,604 |
| General Management | 2.70% | $5,208 |
| Human Resources | 0.60% | Insufficient data |
| Marketing/Sales | 29.40% | $5,755 |
| Operations/Logstics/Supply Chain Management | 2.70% | $5,125 |
| Other | 17.40% | $4,454 |
| Business Development | 7.30% | $4,486 |
| Real Estate | 0.60% | Insufficient data |
| Strategic Planning | 4.00% | $4,774 |
| Other | 5.50% | $4,205 |
Student Experiences
LAUREN ESROCK ('12)
Summer Internship: Management Consulting at Booz & Co
Hometown: St. Louis, MO
College: University of Pennsylvania / Wharton; Finance & Management
Pre-Business School Experience: Investment Banking Analyst at Jefferies & Bear Stearns
Post-Anderson role: Associate at Boston Consulting Group in Los Angeles
Describe your internship: "At Booz, I was staffed on a live client project and given responsibilities similar to a full-time associate. The client was facing rising input costs as a result of DOD program cuts, and brought Booz in to determine how they could best compete. The project was interesting as it was of strategic importance to the client and our recommendations had to take into account a variety of stakeholders, including the U.S. government and the three or four of their top suppliers." Full Profile
NATHAN TRUE-DANIELS ('12)
Summer Internship: Associate Investment Banker at Barclays Capital
Hometown: Fayetteville, AR
College: Vanderbilt University
Pre-Business School Experience: Investment Management at Goldman Sachs and UBS
Post-Anderson company and role: Investment Banking at Barclays Capital
Describe your internship: "The internship was designed to mirror the exact role of a full-time associate in an investment bank. I was involved in live deals, worked on financial models and helped write investment memos. For better or worse, I also worked 100-hour weeks, just like the full-time employees." Full Profile
MAX MEDNIK ('12)
Summer Internship: Product Management at BetterWorks
Hometown: Los Angeles, CA
College: Stanford; Computer Science
Pre-Business School Experience: Founder of AMA Capital
Post-Anderson: Co-Founder of Ridacto, a business venture that swept the 2011 Knapp Venture Competition.
Describe your internship: "This summer, I worked with the amazing BetterWorks cofounders and the product team to create additional functionality to the employee perks and rewards platform they are building. I created product specs, worked on operational improvements and got to hang out with some of the smartest and most talented engineers and salespeople in the L.A. start-up scene. I learned a ton!" Full Profile
MOHIT KHANNA ('12)
Summer Internship: Technology Strategy Consultant at Deloitte
Hometown: New Delhi, India
College: ASU; Computer Science
Pre-Business School Experience: Deloitte Consulting; Senior Consultant
Post-Anderson Company and Role: Deloitte Consulting; Technology Strategy Practice
Describe your internship: "My client was a major technology company that was trying to lower its operating expenses. Our role was to help with the expense analysis and create recommendations for cost reduction across different aspects of their business." Full Profile
Internships are not just for the summer. If you are making a career switch, we encourage you to look for an internship during the academic year to find the best fit for your post-MBA position.