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Learn about the significance of summer internship programs and how they benefit students, management, and corporates. Gain practical experience, develop skills, and enhance your career prospects.
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Pioneer Institute of Professional Studies, Indore QIP SESSION 2: “Importance of Summer Internship Program” By:- Prof Kumkum Sinha
Contents: • What is SIP? • Why SIP? • Objectives of SIP • Purpose / Importance of SIP • From Managements Point of view • From Corporate Point of View • From Students Point of View • Conclusion
“Experience is the only university-endorsed career network bridging the gap between college and the working world.”
What is SIP?” • SIP- Summer Internships Program is extremely beneficial to students, or anyone looking for hands-on expertise. As an intern, one can develop knowledge, competencies, and experience related directly to ones career goal.
Why SIP? • It helps in learning valuable new skills and getting the practical experience that employers want to see on prospects resume, one is also given an opportunity to explore in his/hers field of interest before “officially” entering it.
Basic Objective of SIP:- • A student, as an intern gets the biggest opportunity of his life, to learn the intricacies of the various subjects and choose, which specialized field of his industry suits him well, and wants to choose it as his career field.
What Students get out of Summer Internship Program? • Practical Exposure • Understand Organizational Culture and Working Styles • Interns enjoy the benefits of academic credit, hands-on experience, networking opportunities • Best chance for Industry interface • How to work hard with all your capacity.
Successful internships build self confidence of students and enhance their self esteem. It helps in behavioral modifications and emotional balance. Students learn to be independent and responsible. • Stipendiary internships provide sustenance to financially weak students. Good companies provide handsome stipend and performance based incentives.
Get to know the market standards and requirements • If the student is associated with large firms or companies, then the internship experience adds great value to his resume, which in future is of great help to pursue his career in the filed of his choice
A good platform to reflect on theories and concepts learnt in the classroom to observe and apply in real life situations. It reinforces the classroom learning through practice.
Leads to self discovery of strengths and weaknesses while facing the challenges on-the-job.
Indicator of final placements as SIP helps them to develop the leadership skills and other such traits.
What Management get out of Summer Internship? • Summer Internship Program also indicate to b-schools which sectors are likely to generate more jobs in the immediate future. • Helps to build a steady relationship with companies . • A higher number of interns usually means larger upcoming fulltime openings, new projects or products. • Helps in easy placements as persona of a student gets polished.
Difficulties Faced by Management in SIP:- • Student Commitment • Dummy Reports / Dummy Training / Certificates • Insincere attitude of Students • Indiscipline in students • Maintaining Relationship with Companies
What corporates get out of Summer Internship? • The prime reason is to invest time and effort on prospective recruits. • To get ready products that fit the company needs and profile. • The corporate get suitable candidates to fill in the vacant positions • They get their targets completed by the interns • Cost Saving
An internship is a window of opportunity for anyone who wants to use it. If one choose to participate in an internship program, he/she can take full advantage of the experience. Learn directly from the professionals who are already in the industry and make an effort to gain the confidence and experience that one need to achieve your goals.
“The power of internships is that they mould the business school students into an effective manager.”