Best Places and Resources for Summer Internships
By: Jordan Hicks
Finding a great job is hard work, but you can make that search easier by first finding a great internship. The following is a list of the top twelve places for summer internships around the U.S. based on a study conducted by Vault.
The following twelve programs were selected using information gathered from a Vault survey of 600 organizations with internship programs, organizations that sponsor internships, and thousands of current and former interns. Each of these internships are paid and last between six weeks and six months working to varying degrees throughout each company.
Evercore Advisory Summer Associate Program
This ten week paid program comes recommended by Forbes. Undergrads and MBAs with experience in investment banking are invited to apply, and will be responsible for preparing for and attending client meetings, handling financial modeling, industry analysis, due diligence and process management, as well as execution of transactions. A previous intern described the internship, “Get examples of how strategic past intern projects have been and how inclusive the firm is with interns. E.g., EVR interns were invited to join the FT professionals in the monthly professional development seminar.” This program is available in Hong Kong, London, Singapore, Toronto, Menlo Park, Houston, and New York City.
Elliot Davis Decosimo ENVISION Summer Internship Program
This annual program is held between the months of January and April, lasting seven weeks. The paid program requires work on real tax and audit clients, the completion of an intern project, a contribution to the community, and participation in leadership development activities. A former intern gave a helpful hint to those searching for internships in the field, “Public accounting is basically the same wherever you go, so pay attention to the people and the culture within the firm(s) where you may intern. The people are what make/break a workplace environment.” This program is available in Atlanta, GA; Augusta, GA; Charleston, SC, Charlotte, NC; Chattanooga, TN; Cincinnati, OH; Columbia, SC; Knoxville, TN; Memphis, TN; Nashville, TN; Raleigh, NC; Richmond, VA.
Bain & Company Associate Consultant Intern and Summer Associate Program
This ten week program with the Bain and Company management and consulting firm allows interns to gain understanding of a client’s operations, industry, and the business challenges they face through real casework with active clients. A previous intern said, “There is no babying at Bain, you're expected to add value right at the start and given that opportunity you’ll accurately get to evaluate how right consulting is for you.”This program is available with locations globally.
Caltech Summer Internship
During this twelve week program with the IT management and consulting firm, interns work on CapTech’s internal projects, including aspects of analysis, design, development, and deployment of internal tools. While this internship is available only in Reston, VA and Richmond, VA, a previous intern found it invaluable for finding their passion in the field, “I thought I would want to be strictly a software developer but that changed during this internship. I found that consulting was a good fit for me. You could be like me or the other way around but either way, I'd still recommend for anyone even slightly interested to at least apply for an interview.”
With this financial services firm, you’re in for six to twelve weeks working as part of the network team side-by-side with the financial representatives and professional office staff. During this time, you’ll meet with clients to assess their needs and goals, make recommendations for insurance and investment products which suit, and provide ongoing client services after the sale. This internship is available throughout the U.S. at their major locations. A previous intern stated, “This career allows you to maximize your potential more than anything out there; but, it comes at a price. That price is the work ethic you bring to the table. Not everyone is cut out to start their own financial practice alongside Northwestern Mutual, but the ones who do reap endless benefits. You need to have drive, motivation, and confident; the ones who do are the ones who rise to the top."
Plante Moran Internship
Six to twelve weeks with this accounting firm will put you in place with a number of the firm’s assurance, tax, finance, marketing, and consulting departments. A previous intern described their experience, “Take notes! Because I was with someone new every day, everything was pretty much brand new information and it was hard to remember everything. Plante Moran also has a "buddy system" so you always have one person that you can talk to when you have questions. Take advantage of it!” Forbes also recommends interning with Plante Moran. This internship is available in many locations including Akron, OH; Ann Arbor, MI; Auburn Hills, MI; Battle Creek, MI; Bloomfield Hills, MI; Chicago, IL; Cincinnati, OH; Columbus, OH; Dayton, OH; Detroit, MI; Evanston, IL; Flint, MI; Kalamazoo, MI; Lake Forest, IL; Lansing, MI; Wilmington, OH; Zanesville, OH. Forbes also recommends interning with Plante Moran.
KPCB Fellows Program
This venture capital firm, Kleiner Perkins Caulfield & Byers, invests more time than most in your future with a three to six month paid program. While this program is only available in northern California, previous interns found it quite valuable and offered the following advice, “Be genuine and be mission-driven. Proficiency is expected; believing in Indiegogo gets you in. For KPCB, be a passionate entrepreneur and engineer.” Engineer fellow will be employed in the portfolio companies, developing their technical or design skills and will be mentored by an executive within that company. Product fellows will have the chance to spend a full year working with a Valley startup. Many fellows spend their time with San Francisco based companies including Nest, Shazam, Twitter, Clipboard, Indiegogo, Jawbone, Spotify, Zynga, and more.
Boston Consulting Group Summer Internship
Six to twelve weeks in a paid internship with this global business consulting firm will place you alongside the members of the full case teams fulfilling the responsibilities of a new permanent consulting staff member. This program is very hands on and expects a high level of detail; a previous intern advised, “Be extremely sure that you understand what consulting is, and don't pursue it because of the tangible benefits. It is difficult and time-consuming, but is worth it if you are able to deal with ambiguity and move quickly.” This internship is available globally at their major offices.
Moss Adams Summer Internship Program
This global public accounting firm offers an eight week program in several sectors. In the assurance sector, interns work with the audit engagement team planning audits, setting up current year files, preparing confirmations, and performing audit procedures on balance sheet and income statement accounts. Tax interns prepare tax returns for individuals, partnerships, and corporations, and sometimes assist by providing full spectrum tax services including planning, research, and compliance. A previous intern suggested, “Take advantage of the time you have to develop relationships with the people at Moss Adams. Beyond all the technical qualifications, the relationships you build are what is going to take you far. Public Accounting is tough; you will hear this time and time again. But if you take the time to develop relationships, you will be able to get through anything. Moss Adams becomes your family.” This internship is available in many locations around the U.S. including Albuquerque, NM; Anaheim, CA; Austin, TX; Dallas, TX; Eugene, OR; Everett, WA; Irvine, CA; Kansas City, KS; Los Angeles, CA; Phoenix, AZ; Portland, OR; Sacramento, CA; San Diego, CA; San Francisco, CA; San Jose, CA; Santa Rosa, CA; Seattle, WA; Spokane, WA; Stockton, CA; Tacoma, WA.
Kohl’s Department Store Internship
Forbes recommends working with Kohl’s internship program where you’ll spend eight to ten weeks working within the company experiencing what a full-time job would look like with their company. This internship is available in several locations including Baltimore, MD; Cincinnati, OH; Dallas, TX; Los Angeles, CA; Milwaukee, WI; San Antonio, TX. A previous intern suggested, “Take advantage of all the company has to offer some of the greatest perks are things you need to go out of your way to take advantage of (working out with Shaun T!!) Get to know as many people as you can and learn about different roles in the company because there is a lot of internal movement, so you don't necessarily need to stay in the role you start in.”
Perella Weinberg Partners Advisory Summer Internship
This financial services advisory firm offers a ten week program during which you’ll build “financial valuation models, engaging in due diligence processes, conducting company and industry research, and creating client presentations.” Interns work directly with the industry’s most highly regarded M&A and restricting practitioners gaining experience in a variety of product and industry sectors. A previous intern said, “Do not hesitate to reach out and introduce yourself to new people, wherever you are. The people at PWP encouraged us to do this and I think it was crucial. Taking 30 minutes for coffee with a partner can get you great career advice, and doing so with another analyst or associate can develop a good relationship with someone you will probably be working with down the road.” This internship is available in London; New York, NY; and in San Francisco, CA.
Capital One Technology Development Program
Many of these companies give the individual the chance to work in a real world setting with life clients or current technologies. Individuals looking to land an internship with these companies should search each of the companies sites for their careers / internships page and apply with resume. If you’re really trying to catch their attention, send a personal letter to the appropriate contact at each company, either a hiring manager or the H.R. department. You can place a call to the provided contact information on the sites to inquire where would be best for you to reach out.