FAQs
Now that being said, most summer internship postings open in early January. And submitting an application as soon as opportunities open often provides you with the advantage, especially for competitive paid internships at large companies. Because applying immediately helps employers notice you first.
What date do most summer internships start? ›
Depending on when the student gets out of school, a summer internship usually starts in May or June and continues through August. The most common timeframe for summer internships is to begin right after Memorial Day and run through the first week of August.
How hard is it to get a summer internship? ›
Getting an internship isn't quite as hard as you might think and getting your dream internship is far more achievable than you've led yourself to believe. You just have to follow a few simple steps (don't get me wrong, it'll still take hard work) and soon you'll be getting your ideal internship in college.
What is the acceptance rate for Goldman Sachs summer internships? ›
A 0.8% acceptance rate for interns puts Goldman below JPMorgan's intern acceptance rate of 0.9%. It also puts Goldman well below the industry average acceptance rate of 1.47%, according to information for 2024 from the Bristol Tracker. Even so, it's easier to get into Goldman than other employers.
How far in advance should you apply for an internship? ›
Apply early! While deadlines vary across employers and companies, starting the application process 3 months prior ensures you're not missing deadlines, thus maximizing your options.
Is February too late for summer internships? ›
And if you want a summer internship, you should start looking in October of the year prior (just to make sure the company you are interested in doesn't have super early deadlines). The bigger companies often have very early summer deadlines. Mid-sized companies usually have either February, March, or April deadlines.
Is it too late to get an internship for summer 2024? ›
The application timelines vary depending on the company you're eyeing. Major corporations, known for their annual internship or management trainee programs, open applications a year before the internships start. That means you need to start applying for the program in June 2023 for the summer internship in 2024.
Is a 1 year internship worth it? ›
Working at a company for a year looks great on your resume. It counts as real professional experience that shows you're reliable and responsible. Some students and young professionals may be worried that a year-long internship may actually look bad to employers, but this often isn't the case.
Do summer internships look good on college applications? ›
Working as an intern shows you're interested in taking on responsibility and learning new things. Also, becoming an intern can show admissions officers you're getting a head start on the subject you plan to major in.
How many hours a week should a summer intern work? ›
During the academic year, internships are typically part-time, between 10-20 hours a week; not to exceed 20 hours a week (September-May). Summer internships, or those during a semester in which the student is not enrolled in courses, can require up to 40 hours a week.
For interns, skills are almost negligible, leaving only values and abilities. On a resume, values are hard to tell so it's really just about abilities. GPA is one of the best predictors of abilities, making it incredibly important when applying for internships.
What GPA do you need for Goldman Sachs internship? ›
Currently, a GPA around 3.7 is often preferred for interviews at large banks, while elite boutiques and bulge bracket firms like Goldman Sachs and Morgan Stanley may look for a GPA of 3.8 or higher. The average GPA of successful candidates often hovers around 3.85.
Which college does Goldman Sachs hire from most? ›
Top 25 Feeder School For Bulge Bracket Banks
| Goldman Sachs | Total by % |
---|
1. Harvard University | 30 | 3.50% |
2. New York University NYU | 31 | 3.50% |
3. University of Pennsylvania | 28 | 3.30% |
4. Columbia University | 16 | 2.70% |
6 more rowsFeb 11, 2022
What is the most prestigious internship? ›
Our Top 20 Most Prestigious Internship Programs for 2024 are:
- NASA.
- Google.
- Microsoft.
- Apple.
- Goldman Sachs.
- Morgan Stanley.
- SpaceX.
- McKinsey.
Which month is best for internship? ›
For students, undertaking an internship during university, particularly in the summer months, is highly recommended. Not only does it complement academic learning, but it also provides valuable hands-on experience that can shape your career trajectory.
When should I start preparing for summer internship? ›
However, you can begin your search as early as a year in advance. In fact, the best time to learn about internship opportunities for next summer is often as the current summer is coming to a close (i.e. in August of 2024 in preparation for a Summer 2025 internship).
How many months is good for internship? ›
An average internship is 3-4 months coinciding with a student's typical semester or summer. A key factor in determining proper internship length is that an internship should be long enough for a student to get into the rhythm of the position and complete deliverables that are valuable to you and them.
Are fall internships easier to get? ›
Internships offered in the fall have less competition than summer internships, which means you most likely have a better shot at getting one. Some students have reported that they received no responses to their applications for summer internships but ended up getting multiple offers after applying to fall internships.