WHAT IS AN INTERNSHIP?
Internships are a short-term work experience offered by companies and other organizations, adding to your profile. It is for people—usually students to get some entry-level exposure to a particular industry or field. It is as much of a learning experience as it is work. Ideally, interns spend their time working on relevant projects, learning about the field, making industry connections, and developing both hard and soft skills.
Colleges host internships usually for their final year students but one can also do an independent internship off-campus and online.
TYPES OF INTERNSHIPS-
Summer internships are typically 40 hours a week over 10 to 12 weeks. Fall and spring internships vary but are almost always part-time.
If you’re considering to start taking internships for profile building, you may be wondering about different types of internships. Most internships are categorized on basis of five basic dimensions, depending on how you want your profile to look like. Below, we’ll examine these five categories and define the term “externships.”
1. Time of year
Internships typically run the duration of an academic quarter or semester, or over a summer or winter break. Summer internships are typically the most popular because students have fewer academic requirements and more availability.
Based on the time of year, the basic types of internships are semester internships, quarterly internships, summer internships, fall internships, spring internships, and holiday or winter internships (i.e., over a winter break). It’s also possible to work with interns for longer durations, or even year-round.
Internship programs are also classified by industry; this usually corresponds with the interns’ majors. While there are obviously hundreds of possibilities, some of the most common include marketing internships, advertising internships, finance internships, fine or performing arts internships, legal internships, technology internships, PR internships, and publishing internships. all these internships look great on a college application or a job profile.
3. Paid versus unpaid internships.
Internships are paid ( for monetary benefits)or unpaid for profile or experience. NGOs and social organizations offer unpaid internship to people looking to contribute socially and adding charity to their profiles. They often make up for the pay by providing a certificate or a letter of recommendation.
Various companies and groups offer paid internships. Some offer a definite pay internship. In this, one has to complete his work and be active in responses and productivity. And get paid at the end of the internship.
The other kind is a stipend-based internship. It is a minimal definite cost and payment based on performance. These internships are comparatively dynamic and push interns to give their very best to generate maximum benefits.
And given the choice between a paid or unpaid internship, it’s not surprising that most interns would choose the former.
4. Credit versus no-credit internships.
For-credit internships and not-for-credit internships is another type of categorization, as it’s a common misconception that internships are always in exchange for college or university credit.
In actuality, internships can be part of academic coursework; however, they can also be part of an individual’s extracurricular plan to gain experience. If an internship occurs in exchange for college credit, the assigning of credit is strictly between the student and his or her school.
To be worthy of college credit, an internship must be strongly related to an academic discipline. University requires students to keep a journal. Also, write an essay, or complete a presentation to demonstrate what they learned from the internship.
If your internship position is clerical or mechanical in nature, it’s unlikely that interns will be able to earn college credit.
That doesn’t mean your internship position won’t be attractive to quality candidates. Make sure to emphasize the experiential benefits your internship program offers. There, you can connect with millions of college students seeking valuable work experience.
5. On location versus virtual internships
When one posts an internship online, students across the nation will see it. So, if your internship is location-based, it’s important to identify the location in your posting. On location, internships help you in exposing yourself to different situations physically and mentally and thus optimizing your work capabilities.
Another option is a “virtual internship,” which can be completed remotely. This means your intern can work from home rather than in the office. Moreover, virtual internships can be attractive to interns who value flexibility, and they can broaden your search to include talented interns outside of your area. This can be a natural fit for a company with many locations or many remote employees.
During pandemics, virtual internships have dominated the workforce completely and have been a major source of good profiles. Remote internships have made it possible for recent college graduates and others to continue with their careers without having any backlogs and collect their college credits.
Importance of internships
1. Application of education and career exploration.
Internships are a great way to apply the knowledge from the classroom to the real world. Learning is one thing, but taking those skills into the workforce and applying them is a great way to explore different career paths and specializations that suit individual interests.
2. Gaining experience and enhancing your marketability
Having an internship gives you an upper hand in the career field you want to pursue. Not only does this give individuals an edge over other candidates when applying for jobs, but it also prepares them for what to expect in their field and increases confidence in their work. This means that when you start your professional career, you will not be an amateur.
Having an internship benefits you in the working environment, and it also aids you in building your own professional network. Statistical studies show that there is a 1 in 16 chance of securing a job by connecting with people. Internships provide a great environment to meet professionals in the career field you want to pursue, as well as other interns who have similar interests.
4. Learn how a professional workplace operates
Depending on your major, you may read about how organizations thrive and function in textbooks, hear from guest speakers who talk about organizational structures or dive into case studies about workplace culture, but nothing compares to living the experience. Internships help students learn about workplace culture, employee relations, and leadership structure, which should help them on board in their first professional job with more ease than if they haven’t had professional experience.
5. Build your resume
Most organizations and jobs that you apply to the following graduation want employees to have some sort of professional experience. Make sure you at least have one internship on your resume before leaving college. This will definitely give you a leg up in the competition.
6. Gain professional feedback
Not only will you be helping out the organization you intern with, but they’ll help you out too. While professors and teachers will prepare you for the theoretical side of your field and hands-on projects, internships provide opportunities for receiving feedbacks and letters of recommendation from someone who works in your desired field daily.
7. Learn from others
Try to learn new skills and observe the skills your colleagues and seniors possess. Consider asking your supervisor if you can shadow them for a day, along with other people in your department. Being a student is the best thing to be in today’s world where everyone tries hard to be a teacher. Acting like a sponge and soaking up all the information you can during your internship is highly beneficial.
8. Profile for colleges
If you dream of studying in the top international colleges, internships play a major role in your application. The colleges will recognize your effort in striving to learn. Scholarships can also be gained through experience letters provided during the internship period.
Internships play a vital role in shaping your professional career. Developing you as a responsible individual who can be relied upon for major tasks is the key role of an internship. You learn a lot and others learn a lot from you. Being an intern is not easy, but it is not as difficult as showcased by Meryl Streep and Anne Hathaway in The devil wears Prada!