Internships continue to be one of the
best ways for college students to prepare for the job market and secure
full-time employment upon graduation. Beyond the basic professional
skills you gain, completing an internship shows you’re ambitious and
passionate about a given industry and lets you demonstrate your
abilities and make them known.
And lately more interns are receiving job offers at the end of their programs. According to a recent survey of large companies (paywall)
by the National Association of Colleges and Employers, 72% of interns
in 2016 received offers, even including those who weren’t graduating for
a year, up from 59% last year. Another study using fictitious resumes (paywall) showed that having a past internship was more helpful in landing an interview than having a business degree.
Today careers site Vault.com
released its list of the 20 most prestigious internships. It surveyed
more than 11,000 current and former interns, showed them a list of 50
large companies and asked them to rate their prestige on a 1 to 10
scale.
To view the top 10, open the gallery below. For the full list of 20,
see the end of this post.
Google topped the list this year, as
it did last. Apple, the largest tech company in the world with a market
value of over $600 billion, came in second. To get an inside view into
Apple’s internship program, I looked at recent GlassDoor reviews among the company’s interns.
One past intern said, “The team was so helpful! I had one-on-one
meetings with each of my team members every week.” Another reported high
pay and “great projects to work on.” However, multiple interns said
Apple’s secretive culture could make it difficult to transition to new
projects.
Goldman Sachs ranked fourth on the
list, despite a significant drop in its stock price this year. Vault’s
survey allowed participants to comment on their impression of a company
after rating its prestige, and more than any other defining
characteristic, respondents mentioned Goldman’s high pay. Glassdoor reviews reveal that one intern enjoyed working with Goldman’s smart people but disliked its long hours and repetitive work.
Elon Musk’s Tesla ranked sixth on the
list, with a whopping 35% of respondents calling the company
innovative, a higher proportion than observed for Apple. On GlassDoor past Tesla interns said
the company had a “super diverse and friendly vibe” but that management
was disorganized. Another review said Tesla was “not for the
weak-minded” and that salaries were lower than at other large tech
companies like Google and Facebook.
Disney came in ninth. The 93-year-old company’s reputation for having a fun culture stood out among Vault’s respondents. GlassDoor reviewers
said Disney offered great perks, treated employees well and had an
“innovative and creative environment.” One downside was that interns
were rarely offered full-time roles.
Full List: The 20 Most Prestigious Internships For 2017
1. Google Inc.
2. Apple Inc.
3. Facebook, Inc.
4. Goldman Sachs & Co.
5. Microsoft Corporation
6. Tesla Motors, Inc.
7. J.P. Morgan
8. NIKE, Inc.
9. The Walt Disney Company
10. Morgan Stanley
11. Amazon.com, Inc.
12. PwC (PricewaterhouseCoopers) LLP
13. Twitter, Inc.
14. IBM
15. ESPN, Inc.
16. Deloitte LLP
17. Berkshire Hathaway Inc.
18. McKinsey & Company
19. The Boston Consulting Group, Inc.
20. Intel Corporation
FORBES
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