Posted May 28, 2013 by

Undergraduate Interns Earn Average of $16.26 Per Hour

Marilyn Mackes of the National Association of Colleges and Employers

Marilyn Mackes of NACE

The average salaries for bachelor’s and master’s degree interns held steady this year, according to a new survey by the National Association of Colleges and Employers (NACE). NACE’s 2013 Internship & Co-op Survey found that the average salary for bachelor’s degree interns ticked up just 0.3 percent to $16.26 per hour from $16.21 per hour last year.

“However, interns in several majors at the bachelor’s degree level earned average salaries that topped $18 an hour,” notes Marilyn Mackes, NACE executive director.

Engineering ($20.36), computer science ($18.96), and mathematics ($18.15) majors had the highest average hourly wages among bachelor’s degree level interns.

Meanwhile, the average salary for master’s degree interns dipped from $21.93 per hour last year to $21.90 per hour this year, representing a decrease of 0.1 percent.

At $24.43 per hour, engineering majors earned the highest average salary among master’s degree interns, followed by physical sciences ($23.58), mathematics ($23.40), and business ($23.02) majors.

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