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02-18-2008, 08:08 AM
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#1 | | New Member
Join Date: Feb 2008
Posts: 1
| Internship pay? Hi all! I'm an electrical engineering major, in my junior year. I got an offer for $25/hr for a summer internship. Is this good?? How much do interns usually make? Thanks! |
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02-18-2008, 11:17 AM
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#2 | | Member
Join Date: Dec 2007
Posts: 579
| Thats pretty good. I think investment banking, one of the highest paid, at Goldman, is only around that much per hour. |
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02-18-2008, 11:51 PM
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#3 | | Junior Member
Join Date: Aug 2007
Posts: 274
| I'm a junior EE and have had a few offers.
Lockheed Martin: $19.35/hr + housing relocation/assistance
Boeing in Houston, TX: $21.50/hr + housing relocation/assistance + $1,500 allowance
Is 25$ good? Yes! |
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02-19-2008, 09:35 PM
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#4 | | Junior Member
Join Date: Feb 2008
Posts: 51
| Quite good. I'm not gonna pretend that some companies don't pay their interns more (one a few hours away from my town pays $36/hr to undegraduate hardware interns), but $25/hr is definitely in the "Very Good" range of Engineering Internship/Co-op pay. |
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02-21-2008, 12:31 AM
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#5 | | Junior Member
Join Date: Jun 2005
Posts: 231
| Yes 25 dollars is very good.
36 per hour? What company would this be o.o;; ? I would really like to know. If you made 36 per hour as an intern. You'd be making more than some of the average students coming from top schools as a hardware engineer. And this would be when they have their bachelor's already.
That's a little scary... I'd feel ripped off if I was working and an intern was making more money than me >.>;; |
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02-21-2008, 03:46 PM
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#6 | | Junior Member
Join Date: Feb 2008
Posts: 51
| Digi-Key. Thief River Falls, Minnesota. Two of my friends have summer internships there for software and they're making $25/hr. They come to our school for the career fair and the tech expo and always post their hardware intern positions on our career website, indicating a $33-36/hr minimum salary DOE. However, I don't know anyone personally who has been successful at acquiring that position, so they must be fairly selective. :O |
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06-04-2008, 12:10 AM
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#7 | | Senior Member
Join Date: Jun 2007 Location: Cal '12
Posts: 1,093
| Bump..... Any sophomores with good internships ..? |
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06-04-2008, 03:59 AM
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#8 | | Senior Member
Join Date: Jan 2008 Location: Pasadena, CA
Posts: 1,913
| I got paid $10 an hour working under one of my professors for the summer of my sophomore year. My friend in ECE got the same rate. |
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06-04-2008, 11:55 AM
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#9 | | Senior Member
Join Date: Oct 2004 Location: Warrenton, VA
Posts: 1,563
| 26-27 / hr for software at cisco, bout 32 an hour for exxon mobile is the best ive heard of for an intern.
about 25 seems to be standard for ECEs from top schools for internships. very good deal. |
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06-04-2008, 10:27 PM
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#10 | | Member
Join Date: Aug 2006 Location: Midwest ----> New Haven
Posts: 663
| dudeee $25 is great...I wish I got paid that haha |
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06-05-2008, 07:26 PM
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#11 | | Member
Join Date: Nov 2004 Location: University of Pennsylvania
Posts: 375
| Most ibanking internships are paying the equivalent of 60k per year, i.e. 1154 per week or 28.85 per hour. |
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06-09-2008, 03:23 PM
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#12 | | Junior Member
Join Date: Dec 2005
Posts: 152
| I get paid $500 a week as a rising sophomore at a boutique consulting firm. Not great, but not bad. I work around 6.5-7 hour days, five days a week (works out to around $14-15 an hour). Really laid back atmosphere as well. |
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06-11-2008, 11:13 PM
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#13 | | New Member
Join Date: Jun 2008
Posts: 28
| I know of many MBA students that don't get paid that much for internships. |
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06-12-2008, 10:35 PM
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#14 | | Junior Member
Join Date: Dec 2007 Location: New Haven
Posts: 36
| You guys forget that even though us banking interns get paid 60 or 65k pro-rated...It's nowhere near 20something bucks an hour...More like half that since we work twice as many hours (~80) |
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06-17-2008, 08:53 PM
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#15 | | Junior Member
Join Date: Jul 2006
Posts: 193
| I get $19 and change working at a national lab for perspective. |
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