How much do MBA Interns of top business schools earn?

First, the surprise - Stanford at 17th?  Well, a high percentage (~18%)of its class goes to internet/dot coms/e commerce companies (compared to just ~ 4% in Columbia's case) that pays lot less to interns than traditional industries such as finance and consulting. The interns pay is more a function of the industry they choose to work in than a reflection of school's attractiveness in pulling high paying recruiters. In reality, the internship wages is nothing but just a small change in the grand scheme of things. Now, the good news - Most of the schools, in fact , 21 of the 25 schools reported increases in the median weekly pay over previous year! Cornell's a whooping ~17% increase!!! Here is the complete list - School 2010 Weekly Pay   2009 Weekly Pay      Difference Columbia $2,000 $1,937 3.2% Chicago (Booth) $1,944 $1,790 8.6% New York (Stern) $1,923 $1,788 7.6% Northwestern (Kellogg) $1,875 $1,667 12.5% Pennsylvania (Wharton) $1,846 $1,777 3.9% Harvard Business School $1,732 $1,599 8.3% Virginia (Darden) $1,706 $1,563 9.1% Dartmouth (Tuck) $1,704 $1,641 3.8% MIT (Sloan) $1,700 $1,625 4.6% Berkeley (Haas) $1,617 $1,478 9.4% Carnegie Mellon (Tepper) $1,617 $1,430 13.1% Cornell (Johnson) $1,615 $1,385 16.6% Michigan (Ross) $1,600 $1,403 14.0% Emory (Goizueta) $1,600 $1,550 3.2% Indiana (Kelley) $1,580 $1,400 12.9% Duke (Fuqua) $1,577 $1,403 12.4% Stanford $1,501 $1,625 -7.6% Texas-Austin (McCombs) $1,501 $1,385 8.4% Yale $1,500 $1,550 -3.2% UCLA (Anderson) $1,500 $1,331 12.7% UNC (Kenan-Flagler) $1,500 $1,500 — Georgetown (McDonough) $1,455 $1,273 14.3% Wisconsin-Madison $1,391 $1,292 7.6% Notre Dame (Mendoza) $1,343 $1,189 12.9% Vanderbilt (Owen) $1,333 $1,350 -1.3% Source: Business schools reporting to Bloomberg BusinessWeek with supplemental employment reports from schools. Weekly pay is expressed as median compensation. From - Poets and Quants. Like this post? +1 us and share it with your friends using any of our sharing widgets below!