In a business internship, the responsibilities will vary by the directives given by the supervising staff. However, one of the primary duties as an intern is to perform support-related tasks for the department or office where they are assigned. An intern may participate in marketing research and analysis, devising sales strategies, producing progress reports and presentations, and even handling social media accounts for public relations, all while under the supervision of a more experienced colleague.

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Business Internship Responsibilities

Here are examples of responsibilities from real business internship resumes representing typical tasks they are likely to perform in their roles.

  • Manage BDC department and handle all inbound and outbound traffic from phone and internet leads.
  • Develop multiple macros in VBA to automate processes that allow reports to run more efficiently.
  • Manage a handful of the company's YouTube accounts in regards to judging if copyright infringement have been compromise.
  • Develop a database tool with VBA and SQL to automate the importing, archiving, and storing of client data.
  • Assist business clients with managing their wireless accounts; troubleshoot wireless devices and offer effective solutions to enhance their business.
  • Create dashboards in Salesforce and manage all relate documentation
  • Develop and implement process improvements to streamline payroll preparation, processing, and management.
  • Conduct market analysis and monitor competitive activities with CRM (customer relationship management) system.
  • Assist in start-up and implementation, business development and marketing for healthcare staffing business venture.
  • Maintain SalesForce customer relationship manager (CRM) by updating relevant contact information and interaction logs.
  • Maintain heavy communications with patients, referring physician and other faculty and staff regarding patient care and administrative responsibilities.
  • Used JIRA tool for reporting and tracking bugs.
  • Advise clients on private and public securities transactions.
  • Develop company social media accounts (Facebook and LinkedIn).
  • Used python to calculate and visualize the moving average of stock prices.

Business Internship Job Description

Perhaps the hardest question to answer when deciding on a career as a business internship is "should I become a business internship?" You might find this info to be helpful. When compared to other jobs, business internship careers are projected to have a growth rate described as "much faster than average" at 14% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a business internship by 2028 is 118,300.

On average, the business internship annual salary is $35,282 per year, which translates to $16.96 an hour. Generally speaking, business interns earn anywhere from $27,000 to $44,000 a year, which means that the top-earning business interns make $31,000 more than the ones at the lower end of the spectrum.

As is the case with most jobs, it takes work to become a business internship. Sometimes people change their minds about their career after working in the profession. That's why we looked into some other professions that might help you find your next opportunity. These professions include a summer analyst, market analyst internship, wealth management internship, and business advisor.

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Business Internship Skills and Personality Traits

We calculated that 8% of Business Interns are proficient in Customer Service, Power Bi, and Visualization. They’re also known for soft skills such as Analytical skills, Communication skills, and Interpersonal skills.

We break down the percentage of Business Interns that have these skills listed on their resume here:

  • Customer Service, 8%

    Team TrainerExtensive Customer Service OperationsTeam Coordination

  • Power Bi, 7%

    Collaborated with a team of 2 to develop custom reports using Microsoft Power BI for the billing and sales team.

  • Visualization, 7%

    Worked with business stakeholder to gathered business requirements of marketing research activities for data integration & visualization.

  • Data Analysis, 6%

    Conducted market data analysis to help explore feasibility of the client's business proposal for the establishment of an educational institution.

  • Project Management, 5%

    Supported all phases of project to upgrade an agency-wide asset management software system using modified agile project management principles.

  • Business Operations, 5%

    Represented Business Operations in game development team discussions with publishing teams to manage the planning and execution of operations.

Choose From 10+ Customizable Business Internship Resume templates

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Some of the skills we found on business internship resumes included "customer service," "power bi," and "visualization." We have detailed the most important business internship responsibilities below.

  • Arguably the most important personality trait for a business internship to have happens to be analytical skills. An example from a resume said this about the skill, "management analysts must be able to interpret a wide range of information and use their findings to make proposals." Additionally, other resumes have pointed out that business interns can use analytical skills to "created data visualization reports regarding warehouse usage; empowered management to make informed and cost appropriate decisions about construction viability. "
  • While it may not be the most important skill, we found that many business internship duties rely on communication skills. This example from a business internship explains why: "management analysts must be able to communicate clearly and precisely in both writing and speaking." This resume example is just one of many ways business interns are able to utilize communication skills: "managed data entry and distributed communication materials to prospective students. "
  • Another skill that is quite popular among business interns is interpersonal skills. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a business internship resume: "management analysts must work with managers and other employees of the organizations where they provide consulting services" This example from a resume shows how this skill is used: "applied my cashiering, customer service, organization, and interpersonal skills. "
  • A business internship responsibilities sometimes require "problem-solving skills." The responsibilities that rely on this skills are shown by this resume excerpt: "management analysts must be able to think creatively to solve clients’ problems" This resume example shows how this skill is used by business interns: "performed financial analysis of all the major firms in the middle east to market our erp solution. "
  • As part of the business internship description, you might find that one of the skills that might be helpful to the job is "time-management skills." A business internship resume included this snippet: "management analysts often work under tight deadlines and must use their time efficiently to complete projects on time." This skill could be useful in this scenario: "applied dynamic strategic planning, prioritization, and project management skills toward consistently achieving critical deadlines while maintaining high quality standards. "
  • See the full list of business internship skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming a business internship. We found that 74.0% of business interns have graduated with a bachelor's degree and 11.5% of people in this position have earned their master's degrees. While most business interns have a college degree, you may find it's also true that generally it's possible to be successful in this career with only a high school degree. In fact, our research shows that one out of every nine business interns were not college graduates.

    The business interns who went onto college to earn a more in-depth education generally studied business and finance, while a small population of business interns studied accounting and economics.

    Once you've obtained the level of education you're comfortable with, you might start applying to companies to become a business internship. We've found that most business internship resumes include experience from Highmark, Robert Half, and Year Up. Of recent, Highmark had 39 positions open for business interns. Meanwhile, there are 20 job openings at Robert Half and 19 at Year Up.

    But if you're interested in companies where you might earn a high salary, business interns tend to earn the biggest salaries at Sandia National Labs, HP, and Baker Hughes. Take Sandia National Labs for example. The median business internship salary is $51,622. At HP, business interns earn an average of $50,051, while the average at Baker Hughes is $48,006. You should take into consideration how difficult it might be to secure a job with one of these companies.

    View more details on business internship salaries across the United States.

    Some other companies you might be interested in as a business internship include IBM, Deloitte, and Accenture. These three companies were found to hire the most business interns from the top 100 U.S. educational institutions.

    The industries that business interns fulfill the most roles in are the non profits and automotive industries. But the highest business internship annual salary is in the professional industry, averaging $38,332. In the technology industry they make $37,262 and average about $36,143 in the media industry. In conclusion, business interns who work in the professional industry earn a 27.4% higher salary than business interns in the manufacturing industry.

    The three companies that hire the most prestigious business internships are:

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    What Summer Analysts Do

    Summer analysts are people who undertake an internship within a banking institution. These professionals perform analyses of detailed financial and corporate information. They establish statistical exhibits analyzing comparative financial performance. It is their responsibility to create models illustrating projected financial results, which is of great value to the companies. The skills necessary for this job include knowledge of financial statements, equity, portfolio companies, and financial models. They should also develop due diligence, strong communication, asset allocation knowledge, and attention to detail.

    We looked at the average business internship annual salary and compared it with the average of a summer analyst. Generally speaking, summer analysts receive $31,555 higher pay than business interns per year.

    While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both business interns and summer analysts positions are skilled in data analysis, first hand, and python.

    As far as similarities go, this is where it ends because a business internship responsibility requires skills such as "customer service," "power bi," "visualization," and "project management." Whereas a summer analyst is skilled in "capital markets," "risk management," "reconciliations," and "java." So if you're looking for what truly separates the two careers, you've found it.

    The education levels that summer analysts earn is a bit different than that of business interns. In particular, summer analysts are 2.7% more likely to graduate with a Master's Degree than a business internship. Additionally, they're 0.7% less likely to earn a Doctoral Degree.

    What Are The Duties Of a Market Analyst Internship?

    When it comes to a marketing analyst internship, an intern primarily follows a senior or a more experienced officer's directives. Most of their tasks will revolve around processing paperwork, maintaining records and databases, participating in research and analyses, and assisting senior analysts in various projects. There are also instances where they can attend meetings, participate in social media handling, and even share marketing insights. Furthermore, as an intern, it is essential to learn and adhere to the company's policies and regulations.

    Next up, we have the market analyst internship profession to look over. This career brings along a higher average salary when compared to a business internship annual salary. In fact, market analyst interns salary difference is $28,194 higher than the salary of business interns per year.

    Not everything about these jobs is different. Take their skills, for example. Business interns and market analyst interns both include similar skills like "data analysis," "project management," and "data entry" on their resumes.

    But both careers also use different skills, according to real business internship resumes. While business internship responsibilities can utilize skills like "customer service," "power bi," "visualization," and "business operations," some market analyst interns use skills like "powerpoint," "capital markets," "data collection," and "market intelligence."

    When it comes to the differences in education between the two professions, market analyst interns tend to reach similar levels of education than business interns. In fact, they're 3.8% more likely to graduate with a Master's Degree and 0.7% less likely to earn a Doctoral Degree.

    What Technology Do You Think Will Become More Important And Prevalent For Business Specialists In The Next 3-5 Years?

    Dr. Vandana Rao Ph.D.

    Professor of Business Management, Chair, Marymount Manhattan College

    Software related to operations management, big data analysis for planning and forecasting, software for virtual collaboration -- all of these will be in high demand. There will be rapid development of more sophisticated tools - and all professionals will need to keep pace with the latest in tech.Show more

    How a Wealth Management Internship Compares

    In a wealth management internship, an intern's duties depend on the directives of a supervising manager or staff. Typically, their responsibilities revolve around gaining industry insights while performing support tasks for the team, such as preparing and processing documents, answering calls and correspondence, organizing and disseminating files, and running errands as needed. They may also perform market research, assist in risk assessment procedures, and participate in developing management strategies. Furthermore, as an intern, it is essential to familiarize and adhere to the company's policies and regulations.

    The wealth management internship profession generally makes a higher amount of money when compared to the average salary of business interns. The difference in salaries is wealth management interns making $52,100 higher than business interns.

    While looking through the resumes of several business interns and wealth management interns we discovered that both professions have similar skills. These similarities include skills such as "financial statements," "market research," and "business development," but they differ when it comes to other required skills.

    Some important key differences between the two careers are a few of the skills necessary to fulfill responsibilities. Some examples from business internship resumes include skills like "customer service," "power bi," "visualization," and "data analysis," whereas a wealth management internship might be skilled in "client portfolios," "financial services," "equity research," and "morningstar. "

    Wealth management interns typically study at similar levels compared with business interns. For example, they're 2.8% less likely to graduate with a Master's Degree, and 0.9% less likely to earn a Doctoral Degree.

    Description Of a Business Advisor

    Business Advisors are consultants responsible for implementing business strategies to improve financial and operational efficiency. They are involved in preparing financial budgets, recommending a change in the operational process, identifying new business opportunities, evaluating a marketing strategy, and reviewing supplier and labor contracts. Business advisors also help to manage risk by performing risk analysis and consumer behavioral analysis. They are involved in report preparation and work to maintain open communication with different departments to implement change.

    Now, we'll look at business advisors, who generally average a higher pay when compared to business interns annual salary. In fact, the difference is about $61,187 per year.

    While both business interns and business advisors complete day-to-day tasks using similar skills like customer service, project management, and business operations, the two careers also vary in other skills.

    Each job requires different skills like "power bi," "visualization," "data analysis," and "first hand," which might show up on a business internship resume. Whereas business advisor might include skills like "healthcare," "business strategies," "excellent organizational," and "process improvement."

    In general, business advisors make a higher salary in the technology industry with an average of $92,206. The highest business internship annual salary stems from the professional industry.

    In general, business advisors reach higher levels of education when compared to business interns resumes. Business advisors are 5.1% more likely to earn their Master's Degree and 0.8% more likely to graduate with a Doctoral Degree.

    What a Business Internship Does FAQs

    Do Business Interns Get Paid?

    Yes, the majority of business interns get paid for the duration of their internship. Compensation often depends on the company and duties associated with the internship and can come in several forms.

    What Do You Gain From A Business Internship?

    You gain valuable real-world experience and networking connections from a business internship. As a major with so many career path options, business majors have many options to choose from, and internships are valuable to help students navigate their future careers.

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