The Next Step: Where to Intern if You Want a Full-Time Job Offer
Published: April 2019
There are plenty of good reasons to do an internship, with new skills, new connections, and new experiences chief among them. But ultimately, you’re thinking about your future career—that next step that could define your life for the next 40 years (and that’s if you retire early!).
The fact is, the right internship can mean the right job offer down the road. According to the National Association of Colleges and Employers (NACE) 2018 Internship & Co-op Survey Report, 59% of employers make a full-time job offer to interns, and 77% of students accept said offer; in other words, more than 45% of interns land a full-time job from their internship. So, if you’re really trying to get ahead of the curve, you may want to consider whether doing an internship at a certain company sets you up as a future hire. Don’t worry: we’ve got you covered.
Recently, WayUp reported on the top 100 U.S. internship programs, based on input from industry experts and the general public. Keep in mind, there are tons of great companies not included on the list. However, these internship programs were identified as the best of the best—the ones that offered not only the usual suspects (career development, compensation, a strong culture, and work-life balance), but some pretty awesome perks (free travel, food, and housing; product discounts; and even on-site massages).
Using our database of millions of resumes, we identified the top feeder schools for some of the largest internship programs on WayUp’s list, and we calculated the likelihood of being hired at the company where an individual did an internship.
As it turns out, working at one of the Big Four accounting firms (Deloitte, EY, KPMG, and PwC) nets you a pretty good chance of landing a full-time role after you’ve graduated. According to the PwC website, more than 90% of their interns receive full-time offers—a statistic that is clearly reflected in the results of our analysis!
On the other hand, interns at some of the larger tech companies, like Google, Facebook, and Cisco, while still often getting offers from their internship company, are more likely to opt for opportunities from the competition. If you have your heart set on tech, though, don’t be discouraged. Students who interned at Google, for example, are still more likely to get a job at Google after graduation than at Facebook, Amazon, Apple, and Microsoft combined.
Chegg Data Model
All in all, doing an internship at a company is one of the best ways to get your foot in the door, regardless of the industry. And job offer or no, you’ll gain valuable experience, up your networking game, add an additional line to that all-important resume, and—fingers crossed!—score some free snacks.
A quick PS: if you're interested in an internship with PwC, Deloitte, KPMG, GE (General Electric), Lockheed Martin, EY, Goldman Sachs, IBM, NBC, Cisco, Mogan Stanley, Google, or Facebook, check out which schools these companies typically hire interns from.