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Internships / Co-ops

Internships and co-ops are a great way to earn and learn. You can earn money, credit, and increased marketability for the permanent job search while learning more about a specific field and applying classroom knowledge in a corporate environment.

An internship (semester experience) or a co-op (two semester experience) helps to give you the experience needed to obtain a full-time job. Start by researching the careers you are interested in, then use SmealConnect (online job posting system) to review and apply to internship/co-op postings. NOTE that underclassmen cannot participate in co-ops unless they have already completed all of their ETM's.

Employers consistently list internships and co-ops as the best source of new full-time employee and will look to hire from the intern pool before opening the position to outside candidates.

Towers Watson Career Information Website"Internship experience is the key to putting yourself ahead of the competition. To a prospective employer, prior employment experience illustrates initiative on the part of a student, a sense of career direction, and confirms that he or she has been exposed to work in an office environment."
~ Gina Vaglia, Towers Watson

From the Career & Corporate Connections 2011-2012 Preliminary Recruiting Report*:

  • 76% of students were paid for their internship or co-op experience
  • 42% of internships resulted in full-time positions with their internship employer - 88% of students hired for full-time jobs had at least one internship or co-op experience during their college career (based on 2012 Senior Survey data). You can view the average salaries for full-time employment online.
  • Average weekly salary for an internship/co-op was $786
Average Weekly Salaries by Major
MajorSalaries
Accounting $901
Actuarial Science $838
Economics n/a
Finance $849
Management $602
MIS $805
Marketing $634
Risk Management $724
Supply Chain $730

This salary data is only calculated on base salary. Some companies also include housing
assistance and other benefits (e.g. Actuarial Science majors frequently receive housing
assistance along with base salary).

*This information is accurate as of August 9, 2012. Final reports will be completed in December 2012.