What is a Mba Internship

If you want to advance your career opportunities and knowledge in business and marketing, an MBA internship should be one of the best options for you. You can explore areas like IT, insurance agencies, investment brokerages, or marketing companies for internships that ideally suit you according to the specialization degree you are pursuing and your future aspirations.

While pursuing your MBA degree, you should apply for internships during your summer breaks. This adds a great detail to your resume and helps you get first-hand knowledge of what business and marketing is really about. Full-time internships take about 10-12 weeks. However, part-time internships can last longer and vary.

You will be expected to make analytical strategies for the company and its products, both short and long term. You will also be handling partnerships, business management, and company development using your business ethics and skills. Speaking of pay, it varies as the average salary is about $6,000 to $8,000 and can go up to $15,000 per month. You should definitely not miss out on the opportunity.

There is more than meets the eye when it comes to being a Mba Internship. For example, did you know that they make an average of $34.92 an hour? That's $72,635 a year!

Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.

What Does a Mba Internship Do

There are certain skills that many Mba Interns have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Detail oriented, Analytical skills and Communication skills.

How To Become a Mba Internship

If you're interested in becoming a Mba Internship, one of the first things to consider is how much education you need. We've determined that 71.3% of Mba Interns have a bachelor's degree. In terms of higher education levels, we found that 26.6% of Mba Interns have master's degrees. Even though most Mba Interns have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Mba Internship. When we researched the most common majors for a Mba Internship, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Mba Internship resumes include Doctoral Degree degrees or Associate Degree degrees.

You may find that experience in other jobs will help you become a Mba Internship. In fact, many Mba Internship jobs require experience in a role such as Internship. Meanwhile, many Mba Interns also have previous career experience in roles such as Consultant or Finance Analyst.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. eBay Jobs (12)
  2. Apple Jobs (12)
  3. Amazon Jobs (12)
  4. Pfizer Jobs (12)
  5. Intel Jobs (23)
Average Salary
$72,635
Average Salary
Job Growth Rate
20%
Job Growth Rate
Job Openings
75,105
Job Openings
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Average Salary for a Mba Internship

Mba Interns in America make an average salary of $72,635 per year or $35 per hour. The top 10 percent makes over $99,000 per year, while the bottom 10 percent under $53,000 per year.
Average Salary
$72,635
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5 Mba Internship Resume Examples

Learn How To Write a Mba Internship Resume

At Zippia, we went through countless Mba Internship resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Mba Internship Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. eBay Jobs (12)
  2. Apple Jobs (12)
  3. Amazon Jobs (12)
  4. Pfizer Jobs (12)
  5. Intel Jobs (23)

Choose From 10+ Customizable Mba Internship Resume templates

Zippia allows you to choose from different easy-to-use Mba Internship templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Mba Internship resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Mba Internship Demographics

Mba Internship Gender Statistics

male

67.3 %

female

32.7 %

Mba Internship Ethnicity Statistics

White

69.4 %

Asian

12.9 %

Hispanic or Latino

10.1 %

Mba Internship Foreign Languages Spoken Statistics

Spanish

29.6 %

Mandarin

12.8 %

Chinese

10.9 %
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Mba Internship Education

Mba Internship Majors

21.5 %
13.1 %

Mba Internship Degrees

Bachelors

71.3 %

Masters

26.6 %

Doctorate

0.8 %

Top Colleges for Mba Internships

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

4. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

5. University of Maryland - College Park

College Park, MD • Private

In-State Tuition
$10,595
Enrollment
30,184

6. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

7. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

8. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

9. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

10. Texas State University

San Marcos, TX • Private

In-State Tuition
$10,280
Enrollment
34,187
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Top Skills For a Mba Internship

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.9% of Mba Interns listed Analytics on their resume, but soft skills such as Detail oriented and Analytical skills are important as well.

  • Analytics, 11.9%
  • Internship Program, 9.6%
  • Market Research, 7.5%
  • Project Management, 6.6%
  • Key Performance Indicators, 5.1%
  • Other Skills, 59.3%

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Top Mba Internship Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ Mba Interns and discovered their number of Mba Internship opportunities and average salary. Through our research, we concluded that Google was the best, especially with an average salary of $74,369. Dell follows up with an average salary of $81,895, and then comes Bank of America with an average of $75,421. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a Mba Internship. The employers include VMware, NVIDIA, and Verizon Communications

Most Common Employers For Mba Internship

RankCompanyZippia ScoreAverage Mba Internship SalaryAverage Salary
1$114,578
2$108,586
3$93,925
4$86,975
5$84,073
6$83,491

Becoming a Mba Internship FAQs

Are internships important for an MBA?

Yes, an internship is important for an MBA. MBA internships allow students to apply classroom knowledge in real-world situations before graduation and develop important professional networks.

Internships are short-term opportunities for students at a company in their field of study. They typically last between about 8 and 12 weeks in the summer semester. A full-time MBA program often requires students to complete an internship.

Whether an internship is required varies depending on the school. In many full-time MBA programs, a vast majority of students choose to complete an internship, even if it's not required.

MBA internships can pave the way to future full-time roles for students; these short-term work arrangements can serve as a recruiting tool of sorts for employers. Since MBA students are making a career pivot to a different industry or function, doing an internship is critical to gain connections and experience in their new career path.

During internships, students usually work as part of a team, get a feel for the company's culture, participate in the organization's greater mission, and complete a specific project.

Compared with undergraduate interns, MBA interns are typically given more strategic assignments and complex projects. Because most MBA students already have some previous work experience, they can offer unique perspectives and have a greater level of autonomy.

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How do I get an MBA internship?

You get an MBA internship by taking what experience you have -- education, extra-curricular activities, and any prior work experience -- and showing how that will make you a qualified intern through your personal statement.

A person can do this by drawing out transferable skills and highlighting personal achievements within these areas.

By their nature, internships do not require extensive prior experience. But if you are applying for a competitive internship, such as one for a person enrolled in an MBA program, where there are likely many other qualified applicants a person will need to stand out.

MBA internships programs offered by large banking firms or similar institutions, like JP Morgan, Barclays, and Merrill Lynch, are always in high demand. Therefore, in order to get one, it is important to put in the best application possible.

Additionally, a person can focus on getting the best letters of recommendation that they can find for their application. Ensure that the people you ask for letters of recommendation are from people who know you well, like you as an individual, and are qualified to speak to your educational and work achievements.

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How do I get the most out of an MBA internship?

The best ways to get the most out of an MBA internship are to know the company and industry well and spend significant time networking. Good internships for MBA students will allow them to gain experience in the industry and develop connections for their future careers.

These internships provide MBA students with valuable experience for people studying finance. Participating in an internship, especially at a large, well-known firm, gives them valuable career knowledge.

This knowledge includes information about what their potential career entails, connections with industry leaders, and a potential job at the firm when they graduate.

Although most MBA internships last for just a few months, they can result in a permanent job offer. For this reason, thinking long-term is crucial if you're to get the most out of your experience.

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How much do MBA interns make?

An MBA intern typically makes over $30,000 during their internship. These internships are typically full-time and last for about 10 to 12 weeks. This means that for the time of the internship, a person can easily make between $20,000 to $50,000.

However, if a person is in an MBA program at an Ivy League business school, they can earn closer to $70,000 during their MBA internship.

MBA interns interact directly with senior team members and learn how their chosen industry works through firsthand experience. At the most basic level, the MBA intern role covers all areas of the firm, spanning: marketing, project management, due diligence, analysis, and reporting.

These internships provide valuable experience to people studying for an MBA. Participating in an internship, especially at a large, well-known company, gives them valuable career knowledge.

This knowledge includes information about what their potential career entails, connections with industry leaders, and a potential job at the firm when they graduate. MBA internships typically pay fairly well to bring in the best talent.

The company hopes to convert interns into full-time employees upon graduation, so they will pay their interns well to secure their future employment.

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