KPMG Internships | Management Consulted
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KPMG Internships

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KPMG internships are highly competitive opportunities for ambitious students in which interns gain hands-on experience and receive mentorship at one of the top global professional services firms; KPMG internships serve as a springboard to a rewarding career in and outside the business world. KPMG offers a wide variety of internship opportunities where students gain essential skills and problem-solving abilities, learn from real-world exposure, expand their networks, and build the foundation for future professional development. These internships are competitive and to secure them, candidates must prepare extensively to maximize their chances of success.

KPMG Internship Overview

KPMG internships are typically 10 weeks in duration over the summer and are provided in different business areas such as consulting, finance, IT, and HR. KPMG interns work with consultants and accountants at the firm on real projects for clients, providing hands-on training that will help develop professional toolkits including business, technical, and interpersonal skills. Working with full-time employees including partners provides another key benefit: mentorship and networking.

Mentorship and networking opportunities are one of the greatest advantages of an internship at KPMG. These are facilitated through projects, office coffee chats, happy hours, and other social events. Building close connections with mentors and peers is important and advantageous because these can be used throughout a career, and can provide interns with guidance both within KPMG and outside. Another benefit is that many KPMG interns will receive return offers (90%), setting up a direct path to a full-time role after graduation.

Given the prestige and benefits of a KPMG internship, they are highly competitive, boasting an acceptance rate of 4-8%. Many candidates are rejected at the resume stage and those who advance must succeed in multiple rounds of rigorous interviews. Management Consulted can help candidates by providing important resources such as key information, resume editing, and interview preparation which can enable candidates to gain a competitive edge in this highly selective process.

KPMG Internship Types

KPMG provides over 20 different internship opportunities across many fields. Below we have outlined some of the most popular KPMG summer internships within the categories of KPMG consulting internship and KPMG management consulting internship:

    • KPMG Summer Finance Internship: A 10-week program focusing on areas such as audit, tax, and advisory. Interns gain exposure to a variety of finance roles within KPMG and have the opportunity to network extensively.
    • KPMG Audit Internship: Provides experience in auditing financial statements and ensuring compliance with regulations. KPMG is a leading auditor, and for students interested in this type of work, it is a perfect place to learn.
    • KPMG Tax Internship: Focuses on tax compliance and advisory, exposing interns to complex tax systems and solutions at a leading tax advisor.
    • KPMG Data Analytics Internship: Interns learn how to leverage data to drive business insights and innovation. This internship provides extensive exposure to different business areas.
    • KPMG Cybersecurity Internship: Offers exposure to protecting critical data and systems from cyber threats, an increasingly important business need.

The KPMG Embark Internship and KPMG Global Internship Program provide opportunities for broader and international exposure. In addition, there are internships in HR, marketing, IT, and actuarial science, which offer valuable experience for individuals pursuing careers in business-related fields.

KPMG Internship Salary

The KPMG internship salary is competitive, with interns often being paid at or near the starting salaries for a full-time position in their role. KPMG internship pay varies by location, with higher-cost cities commanding higher salaries. For instance, the KPMG internship salary for an Embark Internship is $59,000 in Albany, NY, and $71,000 in New York, NY. This means that over the course of the summer an intern can expect to make $8,000-$15,000, depending on their location. While this is a large amount of money for an internship, the true benefit comes from the experience and potential for a full-time offer from a KPMG internship, which will have much larger downstream impacts on a career

A top question regarding these internships is, “Are KPMG internships paid?” As we can see, the answer is yes, and these are some of the best-paid internships open to undergraduates. Finally, as we have laid out, the benefits of a KPMG internship extend beyond salary and include skill-building and networking opportunities.

KPMG Internship Application

The KPMG internship application process is highly competitive, many more people apply to KPMG roles than there are positions, and almost all interns receive full-time offers, making internships more competitive than full-time positions. The firm seeks the highest-performing talent and requires many rounds. Applications should include a cover letter for KPMG internships and a professional resume. After the resume and cover letter round, candidates will be interviewed and asked highly specific KPMG internship interview questions. These interviews will contain different question types, including behavioral and technical, and are often specific to a role. For example, an audit applicant must be able to answer specific KPMG audit internship interview questions.

Often people are curious about how to apply to KPMG internships, and the short answer is simple: there is an online career navigator. However, the long answer is more nuanced and addresses the key question: “How can I successfully apply to KPMG internships?"

Given the specificity of KPMG internship interviews, candidates must be highly prepared to answer a wide variety of question types and demonstrate the breadth and depth of their knowledge of a field. In addition, candidates must demonstrate their problem-solving skills beyond the resume by speaking clearly and eloquently about their experiences and solving technical questions perfectly. Management Consulted provides many resources that can help navigate this process, including tips on interview preparation and specific resources for mastering common KPMG interview questions.

KPMG Consulting Internship Acceptance Rate

The KPMG consulting internship acceptance rate is highly competitive, estimated at roughly 4-8%. This acceptance rate will vary based on the office and type of internship being applied to. As we have laid out, there is a high demand for these competitive positions because of the benefits of the KPMG internship, and there is a limited supply of positions. The KPMG acceptance rate is clearly low, but not all candidates are equally prepared. Utilizing resources like Management Consulted resume edits and interview coaching will greatly increase your chances – we’ve helped hundreds land KPMG offers and can help you do the same.

KPMG Internship FAQs

Some common questions concerning KPMG internships are found below. If you have additional questions, feel free to reach out to us here.

    • How hard is it to get an internship at KPMG? Successfully joining KPMG as an intern is a difficult and highly competitive process. With a strong application that is tailored to the role being applied to, and with adequate preparation, the chances of acceptance increase significantly.
    • What is the KPMG internship acceptance rate? The KPMG internship acceptance rate is around 4%-8%, a highly competitive figure.
    • How long is the KPMG summer internship? Most KPMG summer internships are 10 weeks long.
    • What types of internships does KPMG offer? KPMG offers over 20 internships in a wide variety of business areas and functions. These include audit, tax, advisory, IT, and more specialized areas like data analytics and cybersecurity.
    • What is the pay of KPMG summer internships? The pay for KPMG summer internships varies by location with interns earning $8,000-$15,000 over the course of the summer.

Conclusion

The status of KPMG as a top consulting and auditing firm means that KPMG internships provide a launchpad to a rewarding and fulfilling career. KPMG internships are offered across a wide variety of business areas and functions, have competitive pay, benefits such as networking and skill enhancement, and overall offer a strong foundation for professional growth. Given these benefits, KPMG internships are highly competitive. Partnering with Management Consulted and leveraging key resources can maximize your chance of securing a valuable opportunity at KPMG.

 

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