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How to hire an analyst internship

Analyst internship hiring summary. Here are some key points about hiring analyst interns in the United States:

  • In the United States, the median cost per hire an analyst internship is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new analyst internship to become settled and show total productivity levels at work.

How to hire an analyst internship, step by step

To hire an analyst internship, you should clearly understand the skills and experience you are looking for in a candidate, and allocate a budget for the position. You will also need to post and promote the job opening to reach potential candidates. Here's a step-by-step guide on how to hire an analyst internship:

Here's a step-by-step analyst internship hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write an analyst internship job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new analyst internship
  • Step 8: Go through the hiring process checklist

What does an analyst internship do?

An analyst internship is a student program where an intern is assigned to assist analyst professionals by analyzing business goals, objectives, and needs. Analyst interns assist in the planning and designing of business processes and suggest recommendations for improvement. They conduct research and analysis to support business operations and resolve issues using systems and data. They also help estimate the costs and benefits of multiple business actions and help the business organization launch new initiatives.

Learn more about the specifics of what an analyst internship does
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  1. Identify your hiring needs

    Before you post your analyst internship job, you should take the time to determine what type of worker your business needs. While certain jobs definitely require a full-time employee, it's sometimes better to find an analyst internship for hire on a part-time basis or as a contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    You should also consider the ideal background you'd like them an analyst internship to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire an analyst internship that fits the bill.

    This list presents analyst internship salaries for various positions.

    Type of Analyst InternshipDescriptionHourly rate
    Analyst InternshipFinancial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.$13-25
    Investment AnalystAn Investment Analyst provides research and information to help traders, fund managers and stock brokers make decisions about investments. They are hired by companies, investment trusts, stock trading and brokerage firms, and insurance providers.$21-67
    Operations AnalystOperations analysts serve an essential role within the operations team that supports data management, trade processes, client reporting, and problem resolution. They have to ensure data systems integrity by working closely with the operations team and the client support services manager... Show more$21-43
  2. Create an ideal candidate profile

    Common skills:
    • Financial Statements
    • Data Analysis
    • Management System
    • Python
    • Data Entry
    • Strong Analytical
    • R
    • Analyze Data
    • Market Research
    • Windows
    • Client Portfolios
    • Data Collection
    • Due Diligence
    • SQL Server
    Check all skills
    Responsibilities:
    • Manage month-end close process and ensure accounting procedures are in compliance with GAAP.
    • Manage and update early engagement processes daily through SharePoint.
    • Interpret data using SAS and SQL and create final analytical reports for department's faculty.
    • Participate in the due diligence research process; conduct industry research, competitive analysis, and review portfolio management models.
    • Receive training working with STATA software.
    • Enroll providers in Indiana Medicaid program.
    More analyst internship duties
  3. Make a budget

    Including a salary range in your analyst internship job description helps attract top candidates to the position. An analyst internship salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for an analyst internship in Utah may be lower than in Washington, and an entry-level analyst internship usually earns less than a senior-level analyst internship. Additionally, an analyst internship with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average analyst internship salary

    $38,569yearly

    $18.54 hourly rate

    Entry-level analyst internship salary
    $28,000 yearly salary
    Updated December 18, 2025

    Average analyst internship salary by state

    RankStateAvg. salaryHourly rate
    1Washington$47,730$23
    2California$47,176$23
    3New York$46,178$22
    4Connecticut$45,876$22
    5Massachusetts$44,955$22
    6Michigan$44,542$21
    7New Jersey$43,743$21
    8Pennsylvania$43,460$21
    9Virginia$40,585$20
    10Oregon$40,448$19
    11Delaware$40,137$19
    12Arizona$39,255$19
    13Minnesota$38,802$19
    14Maryland$38,005$18
    15Colorado$37,836$18
    16Illinois$37,758$18
    17North Carolina$36,798$18
    18Texas$36,419$18
    19Ohio$36,248$17
    20Florida$35,761$17

    Average analyst internship salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1Google$55,420$26.6457
    2AssetMark$54,475$26.191
    3Walter P Moore$53,788$25.861
    4Barclays$51,821$24.9123
    5Ball$51,680$24.859
    6Oracle$50,930$24.49926
    7W. R. Berkley$50,906$24.4711
    8BNP Paribas$48,768$23.456
    9RingCentral$48,380$23.261
    10Mutual of Omaha$47,990$23.071
    11BD$47,789$22.983
    12Protective Insurance$47,167$22.68
    13Frontier$47,138$22.66
    14Volvo Trucks$46,989$22.593
    15HUB International$46,945$22.579
    16Accenture$46,128$22.1831
    17Auto-Owners Insurance$45,750$22.004
    18CITGO Petroleum$45,718$21.98
    19Northrop Grumman$45,592$21.9244
    20Intel$45,479$21.86
  4. Writing an analyst internship job description

    A job description for an analyst internship role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's an analyst internship job description:

    Analyst internship job description example

    Energy Transfer is a master limited partnership that owns and operates one of the largest and most diversified portfolios of energy assets in the United States. In total, the Company owns and operates approximately 120,000 miles of natural gas, crude oil, refined products, and natural gas liquids pipelines, terminals, and acquisition and marketing assets which are used to facilitate the purchase and sale of crude oil, natural gas, natural gas liquids, and refined products.

    Our Commercial Department is seeking a dynamic, personable, and professional Intern for the 2023 summer at our Kansas office.

    This is a twelve (12) week internship program starting in May 2023. You must be enrolled in college during the program

    We are looking for a motivated and hard-working Marketing Intern -summer program to join our team! The position will support our Endure Energy Department.
    Essential Duties and Responsibilities:
    Our internship is designed to introduce you to the fast-paced, dynamic industry of energy trading. This will include direct exposure to physical and financial trading, scheduling, transmission procurement, risk analysis and credit management. Our intern will rotate through multiple segments of Endure, including Day-Ahead, FTR & Real-Time trading desks, as well as exposure to credit risk and accounting. Tasks will include general analysis, research and modeling of market supply & demand, power pricing, fuel prices, grid congestion, weather and their market impact on a daily basis.

    Requirements:

    Education and/or Experience, Knowledge, Skills & Abilities:

    To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:
    Enrolled in an undergraduate degree program. Preferably junior status as of Fall 2023 General requirements include self-motivated individuals, involvement in activities outside college studies. The potential candidates includes will be working towards a degree in General Business, Economics, Finance, Business Analytics, Mathematics or other relevant degrees. Above average GPA

    Preferred qualifications:
    Strong computer and advanced Excel skills preferred Must possess a strong willingness to learn Familiarity with SQL, Python and R a plus Excellent attention to details. Ability to work independently with minimal supervision Strong written and verbal communication skills Must be able to adapt well to rapidly changing priorities and responsibilities Ability to organize, perform and prioritize various functions in a fast paced environment Must be a team player, and able to work effectively with a diverse workforce and with various levels within the organization
    This is a twelve (12) week program starting in May 2023 - KANSAS Location
  5. Post your job

    There are various strategies that you can use to find the right analyst internship for your business:

    • Consider promoting from within or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to find candidates who meet your education requirements.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to reach potential job candidates.
    Post your job online:
    • Post your analyst internship job on Zippia to find and recruit analyst internship candidates who meet your exact specifications.
    • Use field-specific websites such as efinancialcareers, financialjobsweb.com, careerbank, financial job bank.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit analyst interns, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new analyst internship

    Once you've selected the best analyst internship candidate for the job, it's time to write an offer letter. In addition to salary, this letter should include details about the benefits and perks you offer the candidate. Ensuring that your offer is competitive is essential, as qualified candidates may be considering other job opportunities. The candidate may wish to negotiate the terms of the offer, and you should be open to discussion. After you reach an agreement, the final step is formalizing the agreement with a contract.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    Once that's done, you can draft an onboarding schedule for the new analyst internship. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire an analyst internship?

There are different types of costs for hiring analyst interns. One-time cost per hire for the recruitment process. Ongoing costs include employee salary, training, onboarding, benefits, insurance, and equipment. It is essential to consider all of these costs when evaluating hiring a new analyst internship employee.

The median annual salary for analyst interns is $38,569 in the US. However, the cost of analyst internship hiring can vary a lot depending on location. Additionally, hiring an analyst internship for contract work or on a per-project basis typically costs between $13 and $25 an hour.

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