IMPORTANCE OF INTERNSHIPS IN MBA
Masters of Business Administration has gained so much of popularity that there are now particularly designed internships in order to make students excel in their MBA and hence helping them in the time of placement. An internship is a period of work experience offered by an organization for a limited period of time. Once confined to medical graduates, the term is now used for a wide range of placements in businesses, non-profit organizations and government agencies. Internships are offered in many and all fields whether it be managerial or technological, if you’re having an internship in a particular field you will gain an upper hand among others at the time of admission into B-schools and also at the time of placements. Many top colleges in cities like Delhi/Pune/Bangalore are more comfortable with the candidates with an internship then with those who haven’t.
Internships can certainly help MBA students gain on-the-job experience, test their newly acquired competences and pave the way for their careers. Gaining experience, finding the right industry, developing skill sets and meeting the right people that might offer you a job after graduation are all the possible outcomes of the right internship. If you’re undertaking an internship during MBA, it is very crucial for gaining practical benefits for students studying for an MBA degree.
Why you should undertake an Internship?
- On the Job Experience- By undertaking an internship you can have experience of working in a corporate environment and following all duties and responsibilities that are assigned to a regular employee, by not actually working on the job. There are many pros and cons of working in a certain scenario, like working environment, office spaces, types of duties and responsibilities assigned etc, so you can experience it while studying and can decide for yourself the perfect work environment in the industry.
- Upgrade in Resume- Many top B-Schools and many reputed corporate favours the candidates which have completed an internship in a certain industry. If you have internship remark in your resume a college or a company will be certain that the candidate knows how to work, and will not be difficult to adjust in their respective work environment, which a company will always seek to not to have much expenses on training.
- Increased chances of placement- Almost every reputed company will seek a candidate which had earned an internship in the same field that he/she will be recruited, which means that if there are bunch of candidates for the same role and only you had internship among them, then you can the first choice for recruiters and hence you can ensure your employability by undertaking an internship in your field.
- Career Growth- If you have undertaken lets’ say one or two internships in a certain fields under some reputed brand, there is a huge chance that you will get placed in the same company you’ve been working for, and if not well you have increased your pay scale and your value to the industry when you will get really get placed, internship in all way is a secured root to improve your career and secure your bright future in the corporate structure.
Key points to keep in Mind while choosing Internship
- While choosing internship, you should know your strength and weaknesses and while going for internship consider which skill you want to improve.
- An internship done from a reputed brand is more eligible then an internship done from any other local office.
- Don’t worry on the pay scale while enrolling into internship, you are doing to internship to learn as well as gain experience, nothing more or less.
- You should always wisely choose your field of internship, only undertake internship on the topic whichever suits your specialization.
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