From company culture to professional development opportunities, it is becoming apparent to many employers what the Generation Z talents (those born between 1997 to 2010) value most in the workplace. While company prestige does not rank at the top of their job search criteria, recent studies have shown that prestige (or branding) is still very much an important element for these young graduates.
So, the key question is – Where does the next generation of workforce leaders dream about working right now?
Vault.com recently surveyed over 13,000 (current and former) interns from more than 400 employers to rate and review their own internship experiences for the 2019 Vault Most Prestigious Internships. Vault ranks internship programs based on quality of life, career development, compensation and benefits, diversity, and employment prospects.
From the results, Vault compiled their 2019 list of the most prestigious internships. While traditional investment banking and management consulting companies, like J.P. Morgan and BCG Consulting, still made it to the top 10, the vast majority of the top internships featured are made up of technology-based companies.
With 77 percent of Generation Z preparing for employment through relevant internships, the post-Millennial generation will have their sights on these prestigious internships in 2019.
Vault.com Score: 9.449
The organization that needs no introduction – Google offers targeted search results from billions of Web pages. Results are based on a proprietary algorithm; its technology for ranking Web pages is called PageRank. The firm generates the bulk of its revenue through ad sales.
Vault.com Score: 9.202
Ask Siri to name the most successful company in the world and it might respond: Apple. In terms of profit, revenue, market capitalization, and consumer cachet, it certainly ranks right up there. In 2018, the company became the first organization to ever reach a trillion-dollar market capitalization. In its 10th year and eighth and ninth generations, the iPhone has consistently been the company’s golden goose, generating tens of billions in revenue and profit on an annual basis.
3. Microsoft Corporation
Vault.com Score: 8.707
Microsoft is omnipresent. Its Windows OS and Office suite of productivity software dominate their markets. The company’s cloud computing platform, Azure, is one of the leaders in that burgeoning market. Millions of people interact on LinkedIn, the business-oriented social network. Microsoft’s customers range from individuals and SMEs to the world’s largest organizations and governments. Additionally, Microsoft makes tablets (Surface), game consoles (Xbox), laptops, and even owns Skype.
Vault.com Score: 8.651
Tesla intends to supercharge the public’s passion for electric vehicles. Founded in 2003, the company designs, manufactures, and markets high-performance, technologically advanced electric cars and powertrain components. Tesla currently sells 3 models: The Model S (sedan), Model 3 (sedan) and Model X (SUV). The fuel-efficient, fully electric vehicles recharge their lithium-ion batteries from an outlet, and, depending on a driver’s speed, are capable traveling about 300 miles per charge. Tesla is working on self-driving technology with some available on current models.
Vault.com Score: 8.627
Facebook is the face of social media. The social networking juggernaut, which continues to grow quickly even as it struggles with public relations and other challenges, enables users to share information, post content, and connect with one another through their platform. The site, which allows outside developers to build apps that integrate with Facebook, boasts more than two billion monthly active users. Additionally, Facebook owns Instagram, WhatsApp, and Oculus.
6. Goldman Sachs
Vault.com Score: 8.581
Widely considered as the most prestigious brand in investment banking, Goldman Sachs provides a wide range of investment banking, securities, and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals.
Vault.com Score: 8.554
From books, clothing and office products to hundreds of other product categories, Amazon has grown from the largest online bookstore to become Earth’s biggest “everything store. The company is also the dominant cloud services provider, an influential entertainment company through its video operations, a force to be reckoned with in grocery with its ownership of natural foods chain Whole Foods, and a leader in digital personal assistant devices with Alexa and its Echo product line.
8. J.P. Morgan
Vault.com Score: 8.224
Similar to Goldman Sachs, J.P. Morgan provides asset management, investment banking, treasury and securities services, private banking, and commercial banking services to some of the world’s largest clients.
Vault.com Score: 8.098
With a mission to the go-to cargo company of the future, SpaceX is developing space launch services that it claims could help the Department of Defense save up to $1 billion a year by providing competition. The company’s Dragon spacecraft became the first commercial spacecraft to visit NASA’s International Space Station (ISS). Hauling cargo is just SpaceX’s day job. Its longer-term mission is to transport people and equipment to the moon and Mars.
10. The Walt Disney Company
Vault.com Score: 8.068
The Walt Disney Company is the world’s largest media conglomerate. Its Disney/ABC Television Group includes the ABC television network and 10 broadcast stations. Walt Disney Studios produces films through imprints Walt Disney Pictures, Disney Animation, Pixar, and most recently Marvel Entertainment and Lucasfilm as well. Additionally, Walt Disney Parks and Resorts runs its popular theme parks – Walt Disney World and Disneyland.
Vault.com Score: 7.922
Named for the Greek goddess of victory, Fleet-of-footwear Nike is the world’s #1 shoe and apparel company. Nike designs, develops, and sells a variety of products and services to help in playing a wide range of sports. Nike sells through more than 1,000-owned retail stores worldwide, an e-commerce site, and to thousands of retail accounts, independent distributors, and licensees.
12. Morgan Stanley
Vault.com Score: 7.916
New York-headquartered investment banking giant Morgan Stanley is divided into three main businesses: institutional securities, asset management, and wealth management. The firm’s history can be traced to 1935, when J.P. Morgan & Co. partners Henry S. Morgan (grandson of J.P. Morgan) and Harold Stanley left the firm to start their own company: Morgan Stanley. Today, 80 years later, Morgan Stanley is known as one of the leading investment banks in the world.
13. International Business Machines (IBM) Corporation
Vault.com Score: 7.789
The IBM Corporation bets that cognition is the ignition for growth. The company is investing in it what is calls cognitive computing systems, led by the Watson artificial intelligence platform, that help customers analyze massive amounts of data to make better decisions. Among other areas the company is betting on for growth are security, cloud, and blockchain. The company’s information technology, business services, and software units are among the largest in the world.
Vault.com Score: 7.694
Ranked by Accounting Today as the No. 1 accounting firm in the U.S. by annual revenue, Deloitte’s operations have more than 86,000 professionals in in four key business areas: audit & assurance, risk and financial advisory, consulting, and tax. Deloitte’s client service professionals work across 20 industry sectors, including data analytics, cyber-security, technology strategy, human capital and many more.
15. Berkshire Hathaway
Vault.com Score: 7.641
Known as the “Oracle of Omaha,” Warren Buffet founded Buffett Partnership in 1956 when he was only 25 years old and fresh from studying under Benjamin Graham at Columbia University. He stayed with the partnership until 1969 when he joined Berkshire Hathaway. He has since become Berkshire Hathaway’s primary shareholder and CEO.
16. Intel Corporation
Vault.com Score: 7.592
One the biggest computer chip companies, Intel currently controls about 90% of the market for microprocessors, which serve as the brains of desktop, notebook, and server computers. It has dominated the PC chip market from the early x86 processors to Pentiums to today’s Core technology. Additionally, Intel manufactures chips for smartphones and tablets, as well as embedded semiconductors for the industrial, automotive, and medical markets.
Vault.com Score: 7.570
Commonly known as the superstar of the sports broadcasting industry, ESPN has a consistent reach of over 100 million US viewers per month with its stable of channels, including ESPN, ESPN2, and ESPN Classic. The 24-hour networks carry a variety of live sporting events, as well as programs devoted to news and analysis. Its international operations extend the ESPN brand to another 200 countries.
Vault.com Score: 7.543
If cars can give their owners a certain social standing, Mercedes-Benz has the class and model to suit any American status seeker. The company imports, distributes, and markets Mercedes-Benz, Maybach, and smart vehicles through some 370 dealerships.
19. The Boston Consulting Group (BCG)
Vault.com Score: 7.486
With over 16,000 employees in over 90 offices in 50 countries, BCG ranks as among the Largest Private Companies according to Forbes magazine. Clients typically include many of the world’s 500 largest companies, but BCG also counts midsized businesses, nonprofit organizations and government agencies in North and South America, Asia, Europe, the Middle East and Australia among its clients.
Vault.com Score: 7.418
Founded by Daniel Ek and Martin Lorentzon in 2006, Spotify is a digital music-streaming service that gives its subscribers on-demand access to songs on their desktop computers, laptops, smartphones, tablets, and home entertainment systems. Spotify users can search for music, create playlists, and share songs and playlists with friends via Spotify and social media channels such as Facebook. The firm earns most of its revenue from user subscription and pays royalties to musical artists based on the number of times users stream songs.
Vault.com Score: 7.412
Millions of people around the world (including Donald Trump) use Twitter on a daily basis, posting multiple tweets from their digital devices. The service has become a key real-time communication platform as major events unfold around the world. Twitter claims more than 335 million users worldwide. It makes most of its money from advertisers trying to reach those users.
22. The Coca-Cola Company
Vault.com Score: 7.337
Well known as the #1 nonalcoholic beverage company in the world, the Coca-Cola Company is home to more than 500 beverage brands, including four of the top five soft drinks: Coca-Cola, Diet Coke, Fanta, and Sprite. In addition to soft drinks, it markets waters, juice drinks, energy and sports drinks, and ready-to-drink teas and coffees.
23. McKinsey & Company
Vault.com Score: 7.328
McKinsey & Company is a privately-owned management consulting firm. Roundly considered to be the most prestigious company of its kind, it has achieved a level of renown so great as to be known even to laymen, despite a decades-long commitment to confidentiality that causes the firm to shroud details of its work-and its client list-in secrecy. In its practice areas, it addresses strategic, organizational, operational and technological issues, always with a focus-according to the firm-of doing what is right for the client’s business, not what is best for McKinsey’s bottom line.
Vault.com Score: 7.319
Founded by Michael Bloomberg over three decades ago as a visionary response to market challenges, Bloomberg has been at the leading edge of the information revolution that has changed the way problems get solved. As the information leader in providing high-quality, real-time and historical data to business and financial professionals worldwide, Bloomberg doesn’t merely deliver data – they add value to it, with analytics, tools and insights that change the way business gets done.
25. Home Box Office (HBO)
Vault.com Score: 7.305
Home Box Office (HBO) is a leading pay-TV operator with about 127 million global subscribers to its cable television services. On top of a variety of Hollywood movies and foreign films, subscribers also receive sports events, concerts, and other specialty programming. Internationally, HBO reaches over 60 countries in Asia, Europe, and Latin America. In addition to its movie channels, Home Box Office produces films and TV programming through HBO Films.
See the full list over at Vault.