Average Salary
$38,374
Average Salary
Job Growth Rate
12%
Job Growth Rate
Job Openings
7,015
Job Openings

Summer Associate Careers

A summer associate is responsible for building on the existing knowledge of industries to derive insights into sector trends, emerging technologies, and company performance. They support the senior leadership team in developing partnerships and investment strategies to support the commercialization of promising technologies and solutions. They also help evaluate companies' growth for their fit in the company's objectives, business model, financials, and commercialization/investment potential.

Further duties include assisting in maintaining high-quality financial models to support all aspects of analysis, working with a team to synthesize concise and well-supported recommendations for presentation to the network and other allies or capital partners, supporting the team in leading meetings and calls with network members, growth companies, investors and others.

A summer associate should have the following skills: being a proactive team player in a fast-paced entrepreneurial environment, excellent strategy, problem-solving, time management, organizational skills, the ability to prioritize and multitask, excellent communication skills, and team project and client management skills. As a requirement, they should be enrolled or have a bachelor's degree in law. They earn an average salary of $40,170 per year, which translates to $19.31 per hour.

There is more than meets the eye when it comes to being a summer associate. For example, did you know that they make an average of $18.45 an hour? That's $38,374 a year!

Between 2018 and 2028, the career is expected to grow 12% and produce 39,000 job opportunities across the U.S.

What Does a Summer Associate Do

There are certain skills that many summer associates 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 communication skills, computer skills and organizational skills.

When it comes to the most important skills required to be a summer associate, we found that a lot of resumes listed 14.6% of summer associates included powerpoint, while 10.6% of resumes included financial models, and 5.8% of resumes included due diligence. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the summer associate job title. But what industry to start with? Most summer associates actually find jobs in the professional and finance industries.

How To Become a Summer Associate

If you're interested in becoming a summer associate, one of the first things to consider is how much education you need. We've determined that 67.9% of summer associates have a bachelor's degree. In terms of higher education levels, we found that 11.1% of summer associates have master's degrees. Even though most summer associates 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 summer associate. When we researched the most common majors for a summer associate, we found that they most commonly earn bachelor's degree degrees or doctoral degree degrees. Other degrees that we often see on summer associate resumes include master's degree degrees or associate degree degrees.

You may find that experience in other jobs will help you become a summer associate. In fact, many summer associate jobs require experience in a role such as internship. Meanwhile, many summer associates also have previous career experience in roles such as legal extern or law clerk.

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Average Salary
$38,374
Average Salary
Job Growth Rate
12%
Job Growth Rate
Job Openings
7,015
Job Openings

Summer Associate Career Paths

Top Careers Before Summer Associate

Law Clerk
12.2 %

Top Careers After Summer Associate

Associate
19.4 %
Law Clerk
13.0 %

Summer Associate Jobs You Might Like

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

Average Salary for a Summer Associate

Summer Associates in America make an average salary of $38,374 per year or $18 per hour. The top 10 percent makes over $62,000 per year, while the bottom 10 percent under $23,000 per year.
Average Salary
$38,374
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities

City
ascdesc
Average Salarydesc
San Francisco, CA
Salary Range56k - 115k$81k$80,740
New York, NY
Salary Range42k - 86k$61k$60,859
Boston, MA
Salary Range38k - 77k$55k$54,755
Denver, CO
Salary Range39k - 75k$55k$54,710
Washington, DC
Salary Range34k - 68k$49k$48,945
Salt Lake City, UT
Salary Range33k - 66k$47k$46,997
$27k
$115k

Recently Added Salaries

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New York Kids Club
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06/27/2021
$37,56606/27/2021
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Summer Camp Associate
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06/22/2021
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Summer Associate 2Nd--Seasonal-Portland, In 47371
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Tyson Foods
Tyson Foods
06/11/2021
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$33,39206/11/2021
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21St. Cclc Summer Enrichment Program-Program Associate
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Summer Associate
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City Year
City Year
05/31/2021
05/31/2021
$37,56605/31/2021
$37,566
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Summer Associate Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a Summer Associate. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Summer Associate Resume

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

View Detailed Information

Summer Associate Demographics

Gender

male

52.1 %

female

40.7 %

unknown

7.2 %

Ethnicity

White

68.0 %

Hispanic or Latino

12.8 %

Black or African American

10.9 %

Foreign Languages Spoken

Spanish

32.5 %

French

14.7 %

Mandarin

9.9 %
See More Demographics

Summer Associate Education

Majors

Law
18.0 %

Degrees

Bachelors

67.9 %

Doctorate

11.9 %

Masters

11.1 %

Top Colleges for Summer Associates

1. University of Pennsylvania

Philadelphia, PA • Private

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

2. Northwestern University

Evanston, IL • Private

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

3. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

4. University of California - Los Angeles

Los Angeles, CA • Private

In-State Tuition
$13,226
Enrollment
31,568

5. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

6. Georgetown University

Washington, DC • Private

In-State Tuition
$54,104
Enrollment
7,089

7. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

8. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

9. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

10. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161
See More Education Info

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Learn the basics of real estate law, including investing, title searching, and mortgages...

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Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Summer Associate

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, 14.6% of summer associates listed powerpoint on their resume, but soft skills such as communication skills and computer skills are important as well.

Best States For a Summer Associate

Some places are better than others when it comes to starting a career as a summer associate. The best states for people in this position are California, Connecticut, New York, and Nevada. Summer associates make the most in California with an average salary of $72,607. Whereas in Connecticut and New York, they would average $61,209 and $60,909, respectively. While summer associates would only make an average of $60,248 in Nevada, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Summer Associate Jobs:
862
Highest 10% Earn:
$115,000
Location Quotient:
1.66
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. California

Total Summer Associate Jobs:
1,163
Highest 10% Earn:
$139,000
Location Quotient:
0.98
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Nevada

Total Summer Associate Jobs:
71
Highest 10% Earn:
$115,000
Location Quotient:
0.84
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Summer Associate Employers

1. Citigroup
4.8
Avg. Salary: 
$55,557
Summer Associates Hired: 
92+
2. Goldman Sachs
4.9
Avg. Salary: 
$50,934
Summer Associates Hired: 
90+
3. Deloitte
4.9
Avg. Salary: 
$52,114
Summer Associates Hired: 
84+
4. Morgan Stanley
4.9
Avg. Salary: 
$51,981
Summer Associates Hired: 
58+
5. Bank of America
4.8
Avg. Salary: 
$55,243
Summer Associates Hired: 
58+
6. McKinsey & Company Inc
4.9
Avg. Salary: 
$72,671
Summer Associates Hired: 
57+

Summer Associate Videos

Updated October 2, 2020