Tags: 2009 graduates, Duke, survey, U.S. News, UPenn
The newly released U.S. News survey identifies the 10 universities producing the highest percentage of interns among their undergraduate students. Of the 692 schools that provided internship data to U.S. News, 36.8% of 2009 graduates took part in an internship at some point during their studies, on average. Key points in the survey are:
- The average is lower—32.8%—among the 81 national universities that provided the data to U.S. News. There are some large universities that stand out, however. Highly ranked schools like the University of Pennsylvania and Duke University claim to have 90% and 75% of students completing internships before graduating, respectively.
- The University of Pittsburgh, a public university that awarded more than 3,800 bachelor’s degrees in the 2008-09 academic year, reported that 72% of those students worked as interns before graduating. Numerous liberal arts colleges require all students to partake in at least one internship before graduating, so only national universities were considered for this list. Of the national universities surveyed, 178 did not offer internship statistics and were not in the analysis.
- The top 10 national universities with the highest percentage of 2009 graduates who worked as interns at some point during their studies are University of Pennsylvania, 90%; Colorado School of Mines, 84%; American University, 81%; Seton Hall University, 76%; Duke University, 75%; Fordham University, 75%; University of Pittsburgh, 72%; George Washington University, 68%; Johns Hopkins University, 66%; and Florida Institute of Technology, 65%.
- Don’t see your school in the top 10? Access the U.S. News College Compass to find internship data, complete rankings, and more.
- Poynter.org says, “The missing ingredients from the report, though, are an X factor — hustle on the part of students — and a $ factor — whether or not the internships pay.” The article points out that 8 of U.S. News’ top 10 internship-producing universities are private. By definition, that makes them more expensive than public universities. The writer asks if financial demographics that open up many students’ choice of colleges also seem to open up internship doors. To read more, click here.
- Internships.com, the world’s largest internship market, now offers a record high of over 46,000 internship opportunities in over 17,000 companies, in over 2,000 cities. Encourage your students to search the site for their next internship. Not only will your students benefit, but your school will increase its percentage of students who graduate with internship experience.
Tags: march madness, sports
During the month of March, there is a hint of Spring in the air and it’s easy to get caught up in the excitement of all the sporting events this time of year – college basketball, baseball spring training, hockey, pro basketball. All this sports energy this time of year makes it easy for a student to get caught up in the excitement of having a career in sports. While being an athlete might be the most prominent role that we think of, there are many other paths that a student can take to combine their enthusiasm for sports with their career.
- Help students think outside the typical sports box. Outside of “athlete”, a career in sports could be sports broadcasting, marketing, sports writer, coaching, referee, statistician, backend positions in finance, operations, technology…the list goes on and on!
- Many students interested in a sports career want to work for their favorite college or professional teams, which are highly competitive and can be hard to get a foot-in-the-door.
- Encourage students to explore recreational sports leagues on campus or in the local community to help gain experience.
- Suggest that students explore non-profits that focus on sports, like the YMCA or the Special Olympics. Professional teams also tend to be highly active in their local community and there may be opportunities to volunteer, intern or work.
- Consider companies that sponsor athletic teams and provide apparel and products geared towards the athletic industry: Nike, Gatorade, Under Armor, etc.
- Check out sites specific to jobs in sports – Riley Guide’s list of sports related sites.
Now, back to some March Madness. I’ve got to run and check my bracket. Go Buckeyes!
‘Tis the season: Career Fairs are popping up on campuses nationwide. With the growing popularity of multiple internships for each student, schools are promoting career fairs as excellent opportunities for internships as well as jobs. Many schools have created innovative programs to draw more recruiters.
The following career fairs illustrate new trends around the country:
- The University of Maryland at College Park reports that it has been ranked #8 nationally in a listing by the Wall Street Journal of top schools at which employers like to recruit. The university offers a Spring Networking Series 2011, highlighting specific career fields. The series includes a Criminal Justice Career & Internship Fair, Architecture, Real Estate, Planning, and Preservation Career & Internships Fair, Liberal Arts Access2Alumni Career & Internship Fair for liberal arts-friendly employers, and a Health Professions Career & Internship Fair. Trend: Offering increased services to help Liberal Arts students and presenting individual fairs for specific fields.
- Grand Valley State University will host two job fairs, one in partnership with Michigan’s Department of Human Services. The state plans to hire more than 500 highly qualified graduates to work in children’s protective services, foster care, adoption, juvenile and home licensing services. The Department of Human Services is partnering with five colleges and universities statewide for a series of three-day recruitment and interview events to reach a diverse pool of applicants. Trend: Growing participation of government agencies to partner with schools in recruiting for internships and jobs.
- University of Illinois at Chicago offers two job fairs focusing on special interests. The Education Job Fair is for anyone seeking teaching, school social work, and educational administrative jobs. The UIC Spring Diversity Career Fair is for anyone seeking full time, part time, or internship positions. Cost for both fairs: Free for UIC, UIUC, and UIS students and alumni with proof. $10 for the general public. Trend: Recognizing the importance of helping education majors and minority groups find meaningful positions in the workplace and inviting the public for a fee to attend the university fair.
- University of Iowa estimates that 1,300 UI students and alumni will connect with more than 120 employers in search of employment and internship opportunities. Sponsors of the fair are CH Robinson, Coyote Logistics, CRST International Inc., HNI Corporation and Target Stores. Student Hospitality Area Sponsors are CH Robinson, Coyote Logistics, CRST International, Inc., HNI Corporation, Kohl’s Department Stores, MyTernNow/Priority One, Pella Corporation and Target Stores. Trend: Increasing the use of sponsors to build business relationships and reduce school costs.
- Unpaid Internships: Elephant in the Room, an article that appeared in the Huffington Post on Feb. 22, addresses the unpaid internship debate. Written by Robin Richards, CEO of internships.com—the world’s largest internship marketplace—the article asks, “Is it an economic dilemma that employers need to tackle? Is it a social debate where public opinion will determine what’s fair? Or is it a political (read: legislative) quandary for the government to figure out?” Richards says it’s all three and explains why. He also reports that approximately 34% of internships listed on internships.com are paid and those paid internships receive four times the quantity of applications than unpaid ones. To learn more, follow this link.
Tags: career counselor, dinner party, interviews
As a career counselor, I am always looking for metaphors that help my clients reframe a challenge they are facing. Oftentimes, when clients express anxiety about interviewing, they are focused on learning the rules and what to do – or not do – in an interview. While understanding interviewing basics is crucial, doing well in an interview can be as simple as being a good dinner guest.
My spouse and I were recently hosting a dinner party and one of our friends brought a guest. While we were cleaning up after the party, we discussed how much we liked this new guest. While there are many reasons why we liked this person, there were a few things this person did that can be transferrable to the interview. She:
Asked about others – As the host, I felt it was my duty to make this guest feel welcomed. So, I attended to the guest a bit more and thought about topics that would interest her. She, however, initiated her fair share of conversation. She deepened the conversation by asking follow-up question. She came across confident and thoughtful. I often encourage my clients to listen attentively and ask follow-up questions as this can change the dynamic from a “one-way barrage of questions” to a more collegial conversation.
Complemented others – After having worked hard on the meal, it felt good to hear her praise what we had prepared. She seemed sincere as she stated what she specifically liked about the meal. Employers are people too and they like to hear what candidates sincerely and specifically like about their organization.
Told stories – I learned a lot about this person from the engaging stories she told. She told colorful stories without monopolizing the party. Regardless of our culture, we humans are much more attentive when listening to a story and a story is a much more clever way to convey a message. I advise my clients to write down the most important things they want the employers to know about them and come up with a story to illustrate those. Then, look for opportunities to tell those stories in the interview.
Of course a dinner party should not feel like an interview, but an interview can feel a bit more like a party!
Certainly the employer asks questions to assess candidates’ knowledge, skills and abilities, but how an interviewer feels about the candidate can be quite powerful. Having positive feelings certainly tip the scales in that candidate’s favor. So, the next time a student asks you about how to ace an interview, just say “pretend you are attending a dinner party”. Want more interviewing tips? Click here.
Oh and by the way, our dinner guest also sent us a handwritten thank you note – nice touch!
Robin Richards, CEO of internships.com, recently reported in a Huffington Post column that approximately 34% of internships listed on Internships.com are paid and receive four times the number of applications than unpaid. As a career services professional, you may be all too familiar with students requesting paid summer internships and then reluctantly settling for an unpaid one. The following list may help your students seize the day if they apply now:
10 Highest-Paying Internships, according to a BusinessWeek survey:
- BP America $23 to $26 per hour: Science, engineering and business majors should check out BP’s intern page or find out if a BP rep will be on campus.
- UBS $30 per hour (average): With internship locations in New York, Weehawken, NJ, Stamford, CT, Houston, Chicago, San Francisco, Los Angeles.
- JP Morgan Chase $12,385 per internship: Especially wants rising seniors who major in finance or accounting.
- Goldman Sachs $29 per hour: 10-week summer internship in various locations for primarily finance majors, but all majors are invited to apply.
- Procter & Gamble $26 per hour: FAST program, where over 70% of interns receive job offers. Relocation benefits may apply.
- Deloitte & Touche $24.50 per hour: Audit, financial advisory, tax and consulting internships; company ranked #1 by BusinessWeek as “Best Place to Launch a Career.”
- KPMG $24.80 per hour: Receive training in audit and tax practices or participate in a Build Your Own Internship program to intern with two practices.
- PricewaterhouseCoopers $23.75 per hour: Focuses on 16 key industries and provides targeted services including human resources, deals, forensics, and consulting services.
- Merck $22.20 per hour: Seeks to recruit top-notch interns in departments such as research & development, finance, communications and sales & marketing.
- Ernst & Young $22 per hour: Wants interns for assurance, tax, transaction, advisory services and strategic growth markets. Does campus recruiting.
Top-Paying Finance Summer internships:
- AT&T Financial and Leadership Development Program: 12-week internships in accounting, finance, economics, or business administration.
- Blackstone Group: 10-week finance internships in domestic and international locations.
- Credit Suisse: 10-14 week internships in finance and accounting in Zurich (HQ); New York, NY; London; Tokyo; Hong Kong, and North American branches
- Deutsche Bank: 8-10 week internships in Asset Management, Global Banking, Global Markets, Group Technology and Operations, Human Resources, Private Wealth Management, Legal, Risk and Capital, Finance
- Lazard: 8-10 weeks for summer analysts; 10-12 for summer associates; duties include financial services and investment banking
- Morgan Stanley: 10-week internships in Finance, Human Resources, Real Estate, Research, Technology available in various locations
- Northwestern Mutual Financial Network: One semester internship in finance or sales for financial services and insurance industry
Paid High School Senior Summer Internships:
- Graduating high school seniors interested in a career in entertainment are invited to apply to the Warner Bros. REACH Program, which awards scholarship-internships packages of up to $10,000 for four consecutive summers. More information is available at www.WBCitizenship.com.
- For the largest pool of paid summer internships in the world, advise your students to go to Internships.com, where they can search internships in every field as well as by paid/unpaid, virtual, and city.
What does March Madness mean to you? For some it’s simply the start of the traditional NCAA basketball tournament with all the fanfare and intense rivalries. For others it’s the harbinger of all things “spring break related” (woo-woo!), like white sand beaches, parties, beach volleyball, dancing in the streets, etc.
For the focused and motivated students, it’s when the traditional internships season begins in earnest. So make sure to market the season to all your students who wish to beat their internship competitors for the prized placements (while watching their teams win in the tournament).
Here are some tips to convey to your students to make this a successful internship season:
Make sure to begin your search early, at least 2-4 months in advance of your expected start date
Arrange to meet with your Career Services Office to prepare for and plan your search
Remember to check with faculty or an internship coordinator to help with preparations/course credit
Create or update your presentation materials like resumes and cover letters and proof carefully
Hold mock interviews with friends and family to help prepare to present your qualifications
Market yourself through informational interviews and learn about potential companies and positions
Attend the meetings of related professional organizations to make contacts and learn about opportunities
Develop a list of target internships or companies in your functional area or industry
Network with your contacts to develop leads to potential internships at target companies
Set realistic goals for your search and follow up on all opportunities regularly by phone or email
Share your success with your Career Services office or Internship coordinator
If your students follow the March Madness tips, they should be well on their way to securing that prized internship!
Joyce is a big sports fan and an expert career coach…rumor has it she has a foam finger with “assessment” on it. Read more about Joyce and our career bloggers on the Our Bloggers tab.