Posted June 17, 2013 by

Internships: A Career Move for You?

Diksha Singh

Diksha Singh

With MBA colleges and engineering colleges, internships form an important aspect in the career of a student. No matter what anyone says, it is important to go through the phase of internship if you want to establish yourself in an enticing career in future. However, it is not easy to find reputed companies for internships. It involves a lot of research on your part and some MBA and engineering colleges have dedicated communities to help students.

What is Internship?

An internship is a process in which you don’t work within the full-time work atmosphere like other employees but still work within the same organization to gain meaningful experience that will help you to seek better jobs after the period of internship is over. Sometimes, the interning company absorbs the interns if they are impressed by their overall performance.

In an internship, you are given a lower pay as compared to a hired employee but let it not dissuade you because it is just a start, a start to your career. The experience you will gain during this period cannot be measured in terms of monetary compensation. Every internship runs for a fixed duration, ideally six months, and at the end of the duration, you are either absorbed within the company or you are free to seek employment elsewhere.

Furthermore, internships are not only beneficial for newly graduate students. They work wonders for people who want to switch careers and wish to get experience in a new field of work. In other words, if you want to go through a career change, do an internship once again. You will know whether you are really suitable for the new field of work or not.

Types of Internships

There are three kinds of internships:

1.    Paid Internship

In this, the intern gets paid for the work done during the whole internship period. The payment can either be in the form of monthly salary or a lump sum deposit at the end of the term. Internships in the science, technology and management fields are usually the paid ones.

2.    Partially Paid Internship

In this, the intern gets a stipend, either at the beginning or at the end of the internship duration. The stipend amount is not calculated in terms of hourly wage or a yearly salary. It’s a fixed amount that is given only once.

3.    Unpaid Internship

This is also known as a voluntary internship. Here, no money is exchanged. The student volunteers to work and gains only experience in return.
No matter what kind of internship you do, all three are beneficial for you and will look good on the resume.

Internship Duration

You can either go for a full-time or part-time internship. If you are still studying, the second option is more feasible. Otherwise, go for the full-time internship. The main advantage of a full-time internship is that you get to lead a lifestyle that is going to be a part of your life for the next 30 years or so. You get to learn what it is like to work in a 9-to-5 environment.

A part-time internship works fine as well when you are still studying or you have another full-time job or part-time job to support yourself. The payment in the part-time and full-time working scenario depends on the individual company.

Finding Internships

If yours is one of the reputed MBA colleges or engineering colleges in the city, you don’t have to worry much about finding internship opportunities. This is because colleges usually have tie-ups with organizations and the department sends in a recommendation. Moreover, some colleges count internships in the final evaluation; therefore, the colleges have their own arrangements.

Otherwise, you can go through job portals to find internship opportunities.

In conclusion, an internship is an essential career move. Don’t miss it.

Author’s Bio

Diksha is a full time social media examiner and part time writer and blogger. She is passionate about all things education and wishes to share her knowledge on internship with her blogging community.You can follow her on LinkedIn and Google+.

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Posted in Advice for Candidates, Career Advice, Internships | Tagged Tagged , , , , , , , , , , ,