<p>How are internship opportunities for econ major and iems?</p>
<p>Overall, NU does a great job with career services in helping its students secure internships. Consulting and finance are popular career interests within both majors. Many of the firms recruit at NU for Chicago offices due to geographical proximity. It may require a little extra work to find a position at an investment bank in NYC or tech firm in SF. </p>
<p>WCAS offers Chicago Field Studies, which allows students to take an internship for academic credit during the school year, while McCormick does not. However, McCormick offers a co-op program that allows students to spend (four?) quarters working a paid internship in an engineering position. A student who does a co-op will usually take five years to graduate, and the work experience can be valuable when looking for full-time positions after graduation.</p>
<p>What about the quarter system? I heard many kids have difficulty landing internships because of the quarter system.</p>
<p>It is true that the start dates for many students can be a little odd because of the quarter system. But in most instances that I encountered, the employer was more than willing to shift the internship dates for Northwestern students.</p>
<p>the quarter system has no impact on internships to my knowledge. MANY top unis use the quarter system, Ivy league level unis and employers are obviously going to be flexible so they dont miss out on thousands of very qualified students.</p>
<p>Never been a problem to my knowledge. There’s always flexibility either on the part of the company or the profs. And the bonus for the companies is that once you actually know what you are doing and are somewhat productive you don’t have to leave for college, you still have a few weeks after many other interns are gone!</p>
<p>Thanks for the responses. Can you guys provide some personal experiences with the career center? How good is career services? As an econ major, are there a lot of internship opportunities?</p>
<p>The economics department’s Undergraduate Economics Society bombards the students with all sorts of info sessions, seminars, internship opportunities, etc. That’s not a problem. University Career Services also does an excellent job making a large variety of opportunities available across fields. UCS does a lot of behind the scenes work pulling recruiters to our various career fairs and organizing information sessions with lots of high-profile (and other) companies.</p>
<p>That said, their student services–where you actually receive one-on-one advising–leaves something to be desired. I don’t think that they’re particularly helpful if you already know what you want to do. I think that I have received the same or a greater amount of help from my department professors, advisors, and other university faculty.</p>
<p>do most if all econ major secure good summer internships junior year? honestly, this is really important to me especially with the quarter system which I heard interferes yet at the same time people say it doesn’t.</p>
<p>For most people, the quarter system is not an issue, unless the firm offering the internship is very strict. Many econ majors secure good internships junior year, but being an econ major is not enough. Work for high grades, network, and complete internships after your freshman and sophomore years if possible.</p>
<p>where are internships usually for econ majors? chicago? on average, how many students end up in nyc?</p>
<p>Given the proximity to Chicago, most of the internship opportunities for econ majors are in Chicago. You will usually have to work harder to find an internship/job in NYC.</p>
<p>Many firms will be willing to work with you on start and end dates–the quarter system is a fairly minor issue.</p>
<p>It’s very common to place students from the department with Deloitte, McKinsey, BCG, CME, and so on–there are very top-shelf internships available, if you’re qualified. It all depends on how hard you work, what your interests are, how well you network… everything helps.</p>
<p>Internships are often in Chicago, since many firms have offices there–Northwestern alums will return to campus for recruiting and informational events. I just spoke with a Deloitte analyst who graduated last year, actually. That said, companies hire for positions throughout the US, although limiting yourself to a single geographical area can limit your options. NYC and environs is a fairly common location (though, again, Chicago offices tend to have the greatest presence).</p>
<p>mckinsey, bcg? i was looking at linkedin and i didn’t see much mckinsey and bcg but i saw deloitte was top</p>
<p>how does northwestern place in corporate finance jobs?</p>
<p>There’s plenty of opportunity for internships anywhere in the world. My daughter has friends who have had internships in Asia, NY, LA, and yes, Chicago.</p>
<p>@superdub MBB do all recruit at NU, but are the toughest to get offers from. A very high GPA is essential to receive an interview. While your LinkedIn search may return more results for Deloitte, remember that Deloitte has more than ten times as many employees as McKinsey.</p>
<p>Consulting in general is a very competitive field here, both for internships and full time offers. About 25% of students applying will get offers–I think over 200 interview each year.</p>
<p>Deloitte has a really solid presence on campus, though, good eye–they draw a ton of human capital analysts, in particular, if I recall. But all of the major houses do recruit here.</p>
<p>What about IB? Are there a lot of recruiting going on at NU for IB?</p>
<p>I haven’t been looking at finance as closely, but I know that a lot of financial firm positions are available through UCS tools. A friend of mine interviewed for a sophomore internship with GS, and internships are available for a bunch of boutique and bulge-bracket investment banks–the time’s passed for most of the bulge-bracketers, and they’re more for juniors at any rate–many will offer a full time position if you perform well, so they focus on juniors. The econ department is also in contact with the Fed–the department DUS sent out an email a couple months ago soliciting resumes and transcripts for Fed positions, and organizations like the CME also have internships and full time jobs posted through CareerCat.</p>