Investment banking internship demographics and statistics in the US
Investment banking internship demographics research summary. Zippia estimates investment banking internship demographics and statistics in the United States by using a database of 30 million profiles. Our investment banking internship estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about investment banking interns after extensive research and analysis:
- There are over 32,499 investment banking interns currently employed in the United States.
- 34.9% of all investment banking interns are women, while 65.1% are men.
- The average investment banking internship age is 39 years old.
- The most common ethnicity of investment banking interns is White (68.0%), followed by Asian (14.1%), Hispanic or Latino (7.7%) and Black or African American (5.6%).
- In 2022, women earned 92% of what men earned.
- 7% of all investment banking interns are LGBT.
- Investment banking interns are 62% more likely to work at private companies in comparison to public companies.
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Investment banking internship demographics by:
Investment banking internship gender statistics
34.9% of investment banking interns are women and 65.1% of investment banking interns are men.
- Male, 65.1%
- Female, 34.9%
Investment banking internship gender ratio
| Gender | Percentages |
|---|---|
| Male | 65.1% |
| Female | 34.9% |
Investment banking internship gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$41,833
Female income
$38,353
Investment banking internship gender ratio over time
This data breaks down the percentage of men and women in investment banking internship positions over time. Currently, 34.9% of investment banking interns are female.
Investment banking internship gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 75.16% | 24.84% |
| 2011 | 71.13% | 28.87% |
| 2012 | 77.71% | 22.29% |
| 2013 | 76.41% | 23.59% |
| 2014 | 69.14% | 30.86% |
| 2015 | 68.01% | 31.99% |
| 2016 | 68.47% | 31.53% |
| 2017 | 69.81% | 30.19% |
| 2018 | 68.82% | 31.18% |
| 2019 | 64.10% | 35.90% |
| 2020 | 67.51% | 32.49% |
| 2021 | 65.07% | 34.93% |
Investment banking internship related jobs gender ratio
We compared investment banking interns with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Investment Banking Internship | 65% | 35% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Investment banking internship demographics by race
The most common ethnicity among investment banking interns is White, which makes up 68.0% of all investment banking interns. Comparatively, 14.1% of investment banking interns are Asian and 7.7% of investment banking interns are Hispanic or Latino.
- White, 68.0%
- Asian, 14.1%
- Hispanic or Latino, 7.7%
- Black or African American, 5.6%
- Unknown, 4.5%
- American Indian and Alaska Native, 0.1%
Investment banking internship race
| Investment banking internship race | Percentages |
|---|---|
| White | 68.0% |
| Asian | 14.1% |
| Hispanic or Latino | 7.7% |
| Black or African American | 5.6% |
| Unknown | 4.5% |
| American Indian and Alaska Native | 0.1% |
Investment banking internship race and ethnicity over time
See how investment banking internship racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Investment banking internship race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.44% | 4.81% | 12.62% | 6.10% |
| 2011 | 74.93% | 4.46% | 14.14% | 5.35% |
| 2012 | 76.93% | 3.30% | 13.04% | 5.16% |
| 2013 | 75.59% | 6.21% | 11.23% | 5.29% |
| 2014 | 71.12% | 6.21% | 14.96% | 5.98% |
| 2015 | 70.30% | 6.22% | 15.11% | 6.75% |
| 2016 | 71.49% | 6.15% | 13.89% | 6.23% |
| 2017 | 70.08% | 5.44% | 15.15% | 7.12% |
| 2018 | 70.38% | 6.31% | 12.91% | 8.11% |
| 2019 | 69.42% | 6.96% | 13.11% | 8.22% |
| 2020 | 67.46% | 5.46% | 13.09% | 9.10% |
| 2021 | 68.00% | 5.64% | 14.09% | 7.67% |
Investment banking internship wage gap by race
According to our data, asian investment banking interns have the highest average salary compared to other ethnicities. Black or african american investment banking interns have the lowest average salary at $37,748.
| Ethnicity | Salary |
|---|---|
| Unknown | $40,808 |
| White | $42,879 |
| Black or African American | $37,748 |
| Asian | $47,454 |
| Hispanic or Latino | $40,871 |
Average investment banking internship age
See how the average age of investment banking interns varies based on ethnicity and gender.
Male
Female
Investment banking internship age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 33 | 38 |
| White | 35 | 41 |
| Black or African American | 40 | 42 |
| Asian | 35 | 39 |
| Hispanic or Latino | 35 | 40.5 |
Investment banking internship age breakdown
The average age of investment banking interns is 40+ years years old, representing 45% of the investment banking internship population.
Investment banking internship age breakdown
| Investment Banking Internship Years | Percentages |
|---|---|
| 40+ years | 45% |
| 30-40 years | 33% |
| 20-30 years | 22% |
Investment banking internship educational attainment
The most common degree for investment banking interns is bachelor's degree, with 75% of investment banking interns earning that degree. The second and third most common degree levels are master's degree degree at 17% and master's degree degree at 3%.
- Bachelor's, 75%
- Master's, 17%
- Associate, 3%
- High School Diploma, 2%
- Other Degrees, 3%
Investment banking interns by degree level
| Investment banking internship degree | Percentages |
|---|---|
| Bachelor's | 75% |
| Master's | 17% |
| Associate | 3% |
| High School Diploma | 2% |
| Other Degrees | 3% |
Investment banking internship jobs you might like
Investment banking internship wage gap by degree level
According to the data, investment banking interns with a Doctorate degree earn more than those without, at $61,786 annually. With a Master's degree, investment banking interns earn a median annual income of $51,170 compared to $43,151 for investment banking interns with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $51,170 |
| Bachelor's Degree | $43,151 |
| Doctorate Degree | $61,786 |
Investment banking internship employment statistics
Most investment banking interns work for a private in the finance industry.
Company size where investment banking interns work
Below, you can see the size of companies where investment banking interns work.
Investment banking internship jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 17% |
| 100 - 500 employees | 21% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 23% |
Investment banking internship jobs by company type
Employees with the investment banking internship job title have their preferences when it comes to working for a company. For instance, most investment banking interns prefer to work at private companies over public companies.
Investment banking internship jobs by sector
| Company type | Percentages |
|---|---|
| Education | 3% |
| Public | 33% |
| Private | 62% |
| Government | 2% |
Investment banking internship jobs by industry
The most common industries for investment banking interns are finance, professional and real estate.
Investment banking internship industry statistics
| Industry | Percentages |
|---|---|
| Finance | 57% |
| Fortune 500 | 11% |
| Professional | 7% |
| Insurance | 3% |
| Real Estate | 3% |
| Education | 3% |
| Utilities | 2% |
| Manufacturing | 2% |
| Retail | 2% |
| Media | 1% |
| Internet | 1% |
| Hospitality | 1% |
| Transportation | 1% |
| Government | 1% |
| Construction | 1% |
| Health Care | 1% |
| Non Profits | 1% |
| Technology | 1% |
Investment banking internship turnover and employment statistics
Investment banking internship unemployment rate over time
The unemployment rate for investment banking interns between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Investment banking internship unemployment rate by year
| Year | Investment banking internship unemployment rate |
|---|---|
| 2010 | 4.52% |
| 2011 | 4.06% |
| 2012 | 2.88% |
| 2013 | 2.84% |
| 2014 | 3.15% |
| 2015 | 2.61% |
| 2016 | 2.27% |
| 2017 | 2.86% |
| 2018 | 2.13% |
| 2019 | 2.16% |
| 2020 | 2.79% |
| 2021 | 2.49% |
Average investment banking internship tenure
The average investment banking internship stays at their job for 1-2 years, based on the 7,514 investment banking interns resumes in Zippia's database.
Investment banking internship tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 85% |
| 1-2 years | 7% |
| 3-4 years | 2% |
| 5-7 years | 4% |
| 8-10 years | 1% |
| 11+ years | 0% |
Investment banking internship LGBT ratio compared to similar jobs
Review the percent of investment banking interns that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Investment Underwriter | 4.38% | 9,680 |
| Investment Banking Internship | 7.33% | - |
| Income Auditor | 7.40% | 18,227 |
| Contract Preparer | 7.56% | 8,493 |
| Special Tax Auditor | 7.65% | 54,408 |
| Budget Analyst | 12.94% | 50,081 |
| Supervisory Examiner | 19.38% | 2,115 |
Similar investment banking internship jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Investment Underwriter | 4.38% | 9,680 |
| Income Auditor | 7.40% | 18,227 |
| Contract Preparer | 7.56% | 8,493 |
| Special Tax Auditor | 7.65% | 54,408 |
| Budget Analyst | 12.94% | 50,081 |
| Supervisory Examiner | 19.38% | 2,115 |
Foreign languages spoken by investment banking interns
The most common foreign language among investment banking interns is Mandarin at 21.6%. The second-most popular foreign language spoken is Chinese at 20.5% and Spanish is the third-most popular at 19.9%.
- Mandarin, 21.6%
- Chinese, 20.5%
- Spanish, 19.9%
- French, 8.6%
- Cantonese, 5.3%
- Other, 24.1%
Investment banking internship languages spoken
| Foreign language | Percentages |
|---|---|
| Mandarin | 21.6% |
| Chinese | 20.5% |
| Spanish | 19.9% |
| French | 8.6% |
| Cantonese | 5.3% |
| Other | 24.1% |
