Page 3 - State of the Internship NoSeal
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Introduction
InternMatch is the leading website for Millennials to discover employment at amazing companies.
Over 10 million students, 40 thousand employers, and 1,000 universities use InternMatch each
year to connect. Access to InternMatch is completely free for students, who can build rich profiles
to jumpstart their professional online brand, apply for internships and jobs, and access hundreds of
cutting edge resources. Employers can promote their unique employment brand and recruit from
the most active and robust Millennial network in the United States.
Report Highlights
While the benefits of internships are plentiful and well-documented, what do students
themselves have to say? Do they believe internships are valuable? What constitutes a dream
internship? Should interns be paid, and if so, how much? The 2014 State of Internships provides these
answers and more based on input from more than 9,000 students across the country.
Creating an edge.
Students with prior internship experience overwhelmingly recommend that other students complete
internships, at 97.6 percent. 82.0 percent of students say that internships provide extremely valuable
experience and 68.5 percent believe internships should be mandatory when working on a college
degree. This year 93.9% of students will look for internships.
Furthermore, study results clearly show that internship experience translates into having an edge
in the job market. Among the 16.6 percent of seniors who had already received full-time job offers
when this study fielded in April of 2014, there is a strong correlation between receiving full-time job
offers and…
• Having done paid internships: 24.9 percent of seniors whose most recent internship was paid
already have full-time job offers in hand as compared with 8.2 percent of those with unpaid
internships.
• Having done multiple internships: 10.4 percent of seniors with just one internship had already
received job offers, compared with 24.0 percent of those with four or more internships.
• Higher-than-average GPA scores: 22.2 percent of seniors with GPA of 3.5 or higher on a 4.0 scale
had job offers compared with 14.3 percent of those with lower GPA.
The sophomore year is key in starting to build internship experience, with 58.9 percent of students
starting on their first internship before their junior year.
Living the dream.
The top internship factors that students care about are relevance to students’ majors/minors
and the long-term job and career potential of a role. Second-tier factors that are deemed “very
important” include access to mentorship, a good work/life balance and clearly defined assignments.
Students believe an ideal internship length averages between two and three months, and most
prefer midsize, for-profit companies. Popular industries across respondents include PR/marketing
/advertising agencies, technology companies, government, professional services and healthcare.
© InternMatch | State of Internships 2014 Page | 3
InternMatch is the leading website for Millennials to discover employment at amazing companies.
Over 10 million students, 40 thousand employers, and 1,000 universities use InternMatch each
year to connect. Access to InternMatch is completely free for students, who can build rich profiles
to jumpstart their professional online brand, apply for internships and jobs, and access hundreds of
cutting edge resources. Employers can promote their unique employment brand and recruit from
the most active and robust Millennial network in the United States.
Report Highlights
While the benefits of internships are plentiful and well-documented, what do students
themselves have to say? Do they believe internships are valuable? What constitutes a dream
internship? Should interns be paid, and if so, how much? The 2014 State of Internships provides these
answers and more based on input from more than 9,000 students across the country.
Creating an edge.
Students with prior internship experience overwhelmingly recommend that other students complete
internships, at 97.6 percent. 82.0 percent of students say that internships provide extremely valuable
experience and 68.5 percent believe internships should be mandatory when working on a college
degree. This year 93.9% of students will look for internships.
Furthermore, study results clearly show that internship experience translates into having an edge
in the job market. Among the 16.6 percent of seniors who had already received full-time job offers
when this study fielded in April of 2014, there is a strong correlation between receiving full-time job
offers and…
• Having done paid internships: 24.9 percent of seniors whose most recent internship was paid
already have full-time job offers in hand as compared with 8.2 percent of those with unpaid
internships.
• Having done multiple internships: 10.4 percent of seniors with just one internship had already
received job offers, compared with 24.0 percent of those with four or more internships.
• Higher-than-average GPA scores: 22.2 percent of seniors with GPA of 3.5 or higher on a 4.0 scale
had job offers compared with 14.3 percent of those with lower GPA.
The sophomore year is key in starting to build internship experience, with 58.9 percent of students
starting on their first internship before their junior year.
Living the dream.
The top internship factors that students care about are relevance to students’ majors/minors
and the long-term job and career potential of a role. Second-tier factors that are deemed “very
important” include access to mentorship, a good work/life balance and clearly defined assignments.
Students believe an ideal internship length averages between two and three months, and most
prefer midsize, for-profit companies. Popular industries across respondents include PR/marketing
/advertising agencies, technology companies, government, professional services and healthcare.
© InternMatch | State of Internships 2014 Page | 3
