Each summer, a new crop of college students take to Wall Street to dive into highly-competitive financial internships.
Software engineering and other tech internships top the national list of best-paying gigs, but financial analyst and banking positions aren't far behind. Focusing on the 10 largest commercial banks in the U.S., CNBC collected Glassdoor salary data for roles titled "summer financial analyst" or "summer analyst" in New York City. Data stated as an hourly or yearly wage was converted to a monthly salary.
Here's how much interns at big financial institutions can expect to make this summer, according to Glassdoor:
10. U.S. Bancorp
Average monthly salary: $3,466
9. TD Bank
Average monthly salary: $3,553
8. PNC
Average monthly salary: $3,813
7. Wells Fargo
Average monthly salary: $4,458
6. Bank of America
Average monthly salary: $4,457
5. HSBC
Average monthly salary: $4,947
4. BNY Mellon
Average monthly salary: $5,125
3. JP Morgan Chase
Average monthly salary: $5,180
2. Capital One
Average monthly salary: $5,206
1. Citi
Average monthly salary: $5,643
CNBC found that Wall Street interns at top institutions make more than 1.5 times the median earnings of full-time professionals ages 18 to 24, with some even making more than 2.5 times that amount. The average young man in this age bracket with a full-time job makes $2,418 per month, while his female counterpart makes $2,119, according to the Bureau of Labor Statistics.
And other financial institutions in New York besides the ones on this list pay their interns top-dollar, too. Interns at AIG make $6,170 each month, Blackrock $5,763, Deutsche Bank $5,513 and Goldman Sachs $4,256.
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