Your #Career : 10 Great #Internships For 2016…This Year More than 90% got #JobOffers at the End the Summer, & of Those, 90% Accepted.

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The 60-some interns in Evercore’s summer program work shoulder to shoulder with analysts at the New York-based investment banking firm. “This is not by any means a shadowing program,” says Randi Brown, head of recruiting and training. While interns work on actual deals, they also get plenty of mentoring and support, she says. “They’re not thrown into the ocean and have to learn how to swim.” Evercore, co-founded in 1996 by Roger Altman, deputy treasury of the secretary under Bill Clinton, relies on its highly selective internship ranks to recruit full-time staff. This year more than 90% got job offers at the end the summer, and of those, 90% accepted.

Free- Man with Two Fingers

How does Evercore recruit? It visits 10 top undergraduate campuses and six business schools, including, for undergrads, Harvard, Princeton, Yale, the University of Michigan and the University of Virginia, but it also accepts applicants from elsewhere. The firm is looking for star students. Brown says the grade point average cut-off isn’t a formal one but the average GPA is a high 3.8. She also wants to see a demonstrated interest in Evercore’s business, like membership in a finance club and previous related internships. Along with the likelihood of a job offer, interns enjoy perks during the summer like rafting trips, country club visits and basketball games. They also meet with senior members of the firm like Altman.

That combination of serious work, supportive training, networking opportunities, perks and promise of a job offer lands Evercore in the No. 1 slot on a new list of the nation’s best internships put out by career website Vault. To compile the list, Vault reaches out to more than 600 organizations. This year 102 elected to participate, collecting a total of more than 5,800 reviews by current and former interns who ranked their experiences in five categories on a scale of one to 10. The categories: quality of life including hours and flexibility, compensation and benefits, interview process, career development including mentoring and training, and full-time employment prospects.

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Though there are thousands of internship programs across the country, we believe Vault’s is a great list because the programs pay, some very well, and the companies who participate in the Vault list see the listing as a recruitment tools. Though some of the sexiest internship programs aren’t on the list—Google, Apple and Facebook were invited but didn’t return questionnaires—consider this list a potential point of entry into a solid career in what politicians love to call “good paying jobs” with benefits and a future.

In releasing the list in November, Vault has missed some important dates. At accounting firm Elliott Davis Decosimo, based in Greenville, SC, the October deadline has already passed for this year’s seven-week summer program. Like Randi Brown at Evercore, recruiting director Megan Wright says that it treats interns as though they were full-fledged staff members, working on audits and other projects.

They also get a thorough introduction to the firm, meeting with the human resources and marketing departments. “They learn everything about how the firm works,” she says. The pay is between $23 and $24 an hour, she says, and interns enjoy weekly social gatherings like bowling with partners. Wright says Elliott Davis is also big on volunteer work and gives interns time off during the workday to help out at charities like the local food bank. Hours are reasonable, running from eight to five on weekdays. The firm has another internship program that runs for 10-15 weeks during tax season, starting in January. Those interns often put in overtime, as do many people who work at the firm.

No. 3 on the list is the prestigious, high-power consulting firm Bain, based in Boston. Bain has 53 offices around the world, the majority of which host interns. The application deadline isn’t until December or January, says head of global recruiting Keith Bevans, a partner in Chicago. It’s a rolling deadline because Bain does most of the recruiting for its 10-week summer program on campuses at prestigious schools. It takes rising seniors and MBA students. Like Evercore, Bain makes job offers to 90% of interns. The firm has been growing by 15% a year for the past two decades, says Bevans, which has made Bain pay special attention to its internship program, which is a great testing ground for new employees. “We put them on real casework, they’re given real clients to work with and we expect them to have a real impact,” he says. MBAs and undergrads both get a week of training before they start their internships. The MBAs go to Cape Cod and join teams of 4-6, led by a manager or partner, to work through a series of simulated cases. Undergrads do the same kind of training in the office. The bar is high for new hires. “We look for really smart people who have great people skills and leadership skills that show they can make things happen.” He declines to offer a GPA cut-off except to say if the applicants have a low GPA, “they have to be phenomenal.”

See our slideshow above for Vault’s list of 10 top internship programs, with some stats on each program. I’ll list the rest of the 10 below. You can also follow this link to see Vault’s top 50.

  1. Cap Tech Summer Internship Program
  2. Northwestern Mutual Internship Program
  3. Plante Moran Internship
  4. KPCB Fellows Program
  5. The Boston Consulting Group Summer Internship Program
  6. Moss Adams Summer Internship Program
  7. Kohl’s Department Stores: Corporate

Forbes.com | November 20, 2015 | Susan Adams