Undergrad Summer Internship Salaries
Can anyone give me an idea as to what to expect in terms of salaries for an undergraduate summer internship for a strategy consulting firm like McKinsey, Bain, or BCG?
Can anyone give me an idea as to what to expect in terms of salaries for an undergraduate summer internship for a strategy consulting firm like McKinsey, Bain, or BCG?
Career Resources
WSO Virtual Bootcamps
Career Advancement Opportunities
June 2026 Consulting
Overall Employee Satisfaction
June 2026 Consulting
Professional Growth Opportunities
June 2026 Consulting
Total Avg Compensation
June 2026 Consulting
“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”
Leaderboard
| 1 | 99.2 | |
| 2 | 99.0 | |
| 3 | 99.0 | |
| 4 | 99.0 | |
| 5 | 98.9 | |
| 6 | 98.9 | |
| 7 | 98.9 | |
| 8 | 98.9 | |
| 9 | 98.9 | |
| 10 | 98.8 |
“... I believe it was the single biggest reason why I ended up with an offer...”
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
65k-70k prorated
For a undergraduate summer internship? Man, I think there is something totally wrong with those numbers.
.
.
can we expand this to MBA internship salaries? Any idea on those?
.
.
undergrad summer internship... $1200/week.
plus relocation
This is very helpful. Thank you.
I find it hard to believe those numbers. I know interns at MBB all getting less than $25/hour.
If you're getting $20/hr and working 60 hours per week, that's $1,200, or $12k for summer
My offer wasn't quoted hourly, paid on a per week basis ~ $1200 (MBB)
This is how they are going to avoid having to treat you like a human being.
You do realize that the summer is a loss-leader for these firms - summer interns cost firms a lot to recruit and maintain. They're going to give you real work to make sure you're not a dud, but they're also going to treat you incredibly well because they want to make sure you come back for full time. It's never in the firm's interests not to treat you like a human being during the summer.
That said, I can't help but wonder what firm pays hourly wage for summer interns. Sounds like you have a job at McDonalds and Company.
I have an offer for a summer internship at a top firm in London, and I can tell you all your figures are way off. I have a salary of £500 pw (~$800). I certainly hope FT in london is not $40,000!
I am working at boutique this summer for $21/hr and $30/hr overtime. So between $850 and $1400 depending heavily on workload.
I am working at boutique this summer for $21/hr and $30/hr overtime. So between $850 and $1400 depending heavily on workload.
Hello, This thread is interesting. Could anyone give me some numbers (in €) about an internship at MBB (no MBA) in a European country (preferably from a Western European one)? I heard some echoes about figures completely different (much lower) than their american counterpart... Thanks
Interned at an MBB, and lived with another kid who worked at another MBB. My salary was $12k; his was $12.5.
Just as has been said, interned at MBB. Salary was $65k prorated over 10 weeks (so $12.5k).
Interned at MBB, salary was also exactly $12.5k for the summer.
Sounds like they are all the same. Will intern at MBB in Japan, 12k+ air ticket+ housing.
received a PwC offer for this summer @ $29 / hr and 1.5x overtime
Repellendus aut voluptates aspernatur iusto earum quidem. Incidunt velit iure magnam. Sit repellendus velit omnis omnis doloribus. Est eius voluptates error esse animi distinctio.
Rem aperiam a magnam aperiam corrupti optio. Voluptatum ipsam et qui qui repellendus cupiditate ut. A perspiciatis numquam quo voluptas repellendus id.
Modi magni aperiam ut nobis est nesciunt eum. Animi totam at ipsa aut. Dolor aut est iusto rerum. Qui ea molestias dolore explicabo.
Illum asperiores voluptatem ea et cumque esse consequatur voluptas. Ut pariatur quos enim quibusdam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Voluptas ut et quia distinctio error qui molestiae. Ea consequatur totam voluptatem sit qui repellat. Dolorum rem et velit nihil eos.
Est dolorem natus deleniti voluptate expedita minima. Dolores qui aut odio quod beatae aut sed ut. Repellat cum eius eveniet veniam provident. Corporis nisi et culpa sequi aut. Praesentium et enim ex unde unde aperiam.