Not a Paid Internship

I recently just got a new internship, this is my fifth internship. I don't really need the experience, but I am a part-time student and I thought the more experience the merrier & I can use the money. I was only looking for paid opportunities and on the application, it said it was a paid internship, and looked like a great opportunity. I did great on my interviews. My interviewer emailed me the start dates and everything was set, except how much I will be compensated. Just a heads up, I didn't start the internship yet, but I will supposedly be starting VERY soon. So I decided to email my interviewer to ask, she said this was an unpaid internship for credit and she thought that " I knew that this was an unpaid opportunity". It clearly said on the application that this was paid, ( I took a screenshot for proof). I think it is pretty deceitful to label an opportunity as a paid internship when it isn't. So I just want to ask you guys two things.

1) Do you guys think this is pretty misleading & messed up for an employer to do that?
2) How should I respond?

 

I would respond to the interviewer with the screenshot showing that it is paid. Politely ask if that is still a possibility - that while you very much appreciate the opportunity, you are not in a position to take an unpaid role right now.

If they'll pay you, great... if not just move on, this doesn't really sound like your fault. I think there are fairly strict guidelines on getting credit for an internship and they definitely would have mentioned them.

Array
 

Molestiae quas suscipit consectetur sint iure et. Assumenda suscipit qui distinctio sit. Provident dicta eius quia ab sit quis tempora. Occaecati modi debitis molestiae neque vel nemo occaecati provident.

Eum saepe consectetur voluptas veritatis. Libero commodi quia sint a accusamus. Consequatur fugiat excepturi odit a recusandae.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”