Explore Jobs
Find Specific Jobs
Explore Careers
Explore Professions
Best Companies
Explore Companies
Business development internship hiring summary. Here are some key points about hiring business development interns in the United States:
Here's a step-by-step business development internship hiring guide:
A business development intern is responsible for supporting the organization's goals and objectives in providing the best services to clients and ensuring a smooth flow of operations with maximum productivity and efficiency. Business development interns observe the operational processes of the department and perform duties under the supervision of a direct manager or tenured staff. They also assist with the creation of new products and services, pitching strategies to promote them in the market, develop marketing campaigns, and creating proposals for business partnership purposes. A business development intern must be detail-oriented and highly organized to support daily operations.
First, determine the employments status of the business development internship you need to hire. Certain business development internship roles might require a full-time employee, whereas others can be done by part-time workers or contractors.
Hiring the perfect business development internship also involves considering the ideal background you'd like them to have. Depending on what industry or field they have experience in, they'll bring different skills to the job. It's also important to consider what levels of seniority and education the job requires and what kind of salary such a candidate would likely demand.
This list presents business development internship salaries for various positions.
Type Of Business Development Internship | Description | Hourly Rate![]() ![]() |
---|---|---|
Business Development Internship | $12-20 | |
Sales And Marketing Internship | In a sales and marketing internship, one of the primary duties is to assist in marketing-related tasks under a manager's supervision. The responsibilities will vary depending on the orders or directives given... Show More | $13-30 |
Operations Internship | Operations interns learn the management techniques on how to lead and supervise others. Interns usually gain experience by being an unpaid employee in the operational department... Show More | $12-20 |
Including a salary range in your business development internship job description helps attract top candidates to the position. A business development internship salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.
For example, the average salary for a business development internship in Montana may be lower than in Alaska, and an entry-level business development internship usually earns less than a senior-level business development internship. Additionally, a business development internship with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.
Rank![]() ![]() | State![]() ![]() | Avg. Salary![]() ![]() | Hourly Rate![]() ![]() |
---|---|---|---|
1 | Massachusetts | $39,736 | $19 |
2 | District of Columbia | $37,686 | $18 |
3 | California | $35,321 | $17 |
4 | New Hampshire | $34,632 | $17 |
5 | Michigan | $33,897 | $16 |
6 | Oregon | $33,382 | $16 |
7 | Washington | $33,047 | $16 |
8 | Illinois | $32,991 | $16 |
9 | Colorado | $32,886 | $16 |
10 | Texas | $32,816 | $16 |
11 | Missouri | $32,253 | $16 |
12 | Georgia | $31,893 | $15 |
13 | New York | $31,539 | $15 |
14 | Virginia | $31,258 | $15 |
15 | Florida | $31,125 | $15 |
16 | Alabama | $30,887 | $15 |
17 | Utah | $30,731 | $15 |
18 | Maryland | $30,487 | $15 |
19 | Pennsylvania | $30,062 | $14 |
20 | North Carolina | $29,405 | $14 |
Rank![]() ![]() | Company![]() ![]() | Average Salary![]() ![]() | Hourly Rate![]() ![]() | Job Openings![]() ![]() |
---|---|---|---|---|
1 | Sandia National Labs | $48,291 | $23.22 | 40 |
2 | Autodesk | $44,749 | $21.51 | 26 |
3 | Oracle | $43,875 | $21.09 | 1,020 |
4 | iDE | $41,240 | $19.83 | |
5 | SAP | $41,239 | $19.83 | 139 |
6 | Microsoft | $41,229 | $19.82 | 29 |
7 | International Rescue Committee | $40,754 | $19.59 | 27 |
8 | KPMG LLP | $40,515 | $19.48 | 82 |
9 | L3Harris | $40,007 | $19.23 | 149 |
10 | Target | $39,684 | $19.08 | 9 |
11 | Bristol-Myers Squibb | $39,356 | $18.92 | 12 |
12 | Mathematica | $39,339 | $18.91 | |
13 | Avid | $39,306 | $18.90 | 5 |
14 | Cowan Systems | $38,777 | $18.64 | |
15 | The Boring Company | $38,598 | $18.56 | 5 |
16 | Volvo Trucks | $38,531 | $18.52 | 5 |
17 | Fortinet | $38,277 | $18.40 | 11 |
18 | Elbit Systems of America | $38,020 | $18.28 | 3 |
19 | Lannett | $38,002 | $18.27 | 2 |
20 | OHL USA | $37,890 | $18.22 |
A good business development internship job description should include a few things:
Including a salary range and the first name of the hiring manager is also appreciated by candidates. Here's an example of a business development internship job description:
There are a few common ways to find business development interns for your business:
During your first interview to recruit business development interns, engage with candidates to learn about their interest in the role and experience in the field. During the following interview, you'll be able to go into more detail about the company, the position, and the responsibilities.
It's also good to ask about candidates' unique skills and talents. You can move on to the technical interview if a candidate is good enough for the next step.
The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.
Once you've found the business development internship candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.
It's equally important to follow up with applicants who don't get the job with an email letting them know that the position has been filled.
To prepare for the new business development internship first day, you should share an onboarding schedule with them that covers their first period on the job. You should also quickly complete any necessary paperwork, such as employee action forms and onboarding documents like I-9, benefits enrollment, and federal and state tax forms. Finally, Human Resources must ensure a new employee file is created for internal record keeping.
Recruiting business development interns involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.
You can expect to pay around $33,146 per year for a business development internship, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for business development interns in the US typically range between $12 and $20 an hour.