They are generally smaller or start-up type firms that lack the funding to hire paid interns.This is fairly common at UCLA, UChicago, NYU, Columbia, and other schools located in big Metro areas -- people do the internships part-time for 10-20 hours/week during the school year. riverripper GMAT Club Legend Joined: 10 Apr 2007 Posts: 4320 Location: Back in Chicago, IL Schools: Kellogg Alum: Class of