There’s no substitute for experience. The best and brightest minds in the country know that students can only learn so much within the confines of the classroom, so they need to find internships in their fields of interest to test the waters. Most interns will end up settling for unpaid, unfulfilling positions just to throw themselves out there. However, a handful of lucky undergrads will acquire jobs internships that earn them a decent wage and prepare them for jobs at Fortune 500 companies. Business Week recently reviewed 50 of the Best Internship Opportunities in America and here’s what they found.
Topping many lists of premium jobs internships is PriceWaterhouseCoopers. In 2009, this mega-employer had more than 2,800 intern positions and stated that they “place enormous importance” on their internship programs because “interns represent a significant source of talent” for the firm. Interns work with mentors, attend workshops, perform practice exercises and try their hand at numerous accounting tasks. Following the $23.80/hour internship opportunity, 88% of interns were offered a job and 87% of them accepted.
Similarly, Deloitte & Touche, another accounting firm, had more than 1,100 jobs internships this year, which paid $23.50/hour to start. “You can see our people working at close quarters and brush shoulders with clients,” their website says. “You’ll get involved in real, live Deloitte work – attending client meetings, assisting on projects, shadowing one of our partners to see what it’s like at the sharp end.” Interns will work in auditing, tax consulting and corporate finance. Upon completion of this paid internship, 87% of interns were offered a full-time position and 92% accepted.
Of course, all of the top jobs internships aren’t in accounting, although finance does account for a large portion of the top-paying and hiring firms. Consulting and insurance offer a number of internship opportunities, with firms like Travelers, Prudential, Progressive, American International Group, Navigant Consulting, Protiviti, Bearingpoint and Accenture offering paid positions. Insurance positions paid between $15 and $17 an hour, while consulting jobs paid more than $20. For those with a knack for business, there are ample ways to get involved.
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