In order to compile the 2015 Vault Top Internships Rankings, Vault invited more than 500 organizations to participate in our 2014 Internship Survey. We gathered survey responses both from organizations that sponsor internships and from their interns. The internship sponsors provided Vault with descriptions of their programs, as well as details on the number of interns hired, duration of program, locations and departments in which interns are placed, and application requirements. We also asked current and former interns to comment on and rate their internship experiences on a variety of factors, including the application process, compensation and perks, quality of life, meaningfulness of assignments and training, and full-time employment prospects.
Only organizations that completed both surveys — the self-reported program description and the intern-provided reviews — were eligible for our 2015 Best Internship Rankings (all program descriptions are included in Vault’s Internship Database, as are all intern reviews).
This year, we heard from 5,800 interns who reviewed 100 different internship programs. On a scale of 1 to 10, with 10 being the highest and 1 being the lowest, respondents were asked to rate their internship experiences in five areas:
- Quality of Life (office culture, hours, work-life balance, flexibility)
- Compensation & Benefits (pay structure, subsidized expenses, office space, perks)
- Interview Process (application process, requirements, number of interviews)
- Career Development (training and mentoring, quality of assignments, real-life experience, networking opportunities)
- Full-time Employment Prospects (opportunity to obtain a full-time job with this organization)
These ratings were averaged to determine an overall score for each program. Vault then compiled rankings of the top internship programs in the following eight areas:
The Best Overall Internships: Vault’s Best Overall Internships reflect the top 50 highest-rated internship programs across the survey pool.
The Best Consulting Internships represent the highest-rated internships among consulting firms.
The Best Accounting Internships represent the highest-rated internships among accounting firms.
The Best Investment Bank Internships represent the highest-rated internships among investment banks.
The Best Financial Services Internships represent the highest-rated internships among financial services institutions.
The Best Energy Internships represent the highest-rated internships among energy companies.
The Best Retail & Consumer Products Internships represent the highest-rated internships among retail and consumer products companies.
The Best Media & Telecommunications Internships represent the highest-rated internships among media and telecommunications companies.