Business School Internships

Advantages, Disadvantages and Tips

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Advantages of Business School Internships

Business school internships can be extremely beneficial to students, graduates, or anyone looking for hands-on expertise. As an intern, you can develop knowledge, competencies, and experience related directly to your career goal. 

In addition to learning valuable new skills and getting the practical experience that employers want to see on your resume, you are also given an opportunity to explore your field of interest before “officially” entering it.

 You may be surprised to find that you don’t enjoy your chosen career as much as you thought you would. Or, if you are lucky, you may find that you love the field even more than you thought possible. Either way, it is better to know before you have invested years of time and effort.

As an intern, you may also be able to secure a full-time job. Recent surveys have shown that employers offer full-time employment to more than half of their interns. In addition, almost half of the employers surveyed admitted that they offer higher salaries to applicants who have participated in co-op programs or internships.

Although a business school internship will not guarantee you a job in the future, it will give you the chance to work closely with professionals in your field of choice. This means that you can establish new contacts, mentors, and references. Securing a job will be much easier if you have a handful of recommendations from industry professionals.

Disadvantages of Business School Internships

There really aren’t many disadvantages to business school internships. The only real drawback is sometimes financial in nature. Internships are an opportunity to gain experience and receive free training; they are also an opportunity for employers to gain hard workers for little or no pay.

 

Where to Find Business School Internships

To begin an internship, you must first find a company that offers such an internship program. If you are a current business major, you can start by looking for opportunities through the school's career services department. Some schools encourage, or even require, participation in an internship program. They may have a list of opportunities readily available for anyone who is interested.

If you are not a student, begin searching online and in newspapers for internship opportunities. Make a list of the companies that interest you and are applicable to your field of study. Take time to carefully consider the reasons why you want to work at these places and how they might help you launch your post-graduation career. 

Tips for Internship Success

  • Create a sharp resume and an individualized cover letter that expresses your interest in the internship. 
  • When you meet with the employer to discuss the internship, don’t hesitate to ask any questions that you have. You will want to make sure that your chosen program benefits you and your future goals. If it doesn’t, what’s the point?
  • Also, if you have the time and the means, don’t hesitate to participate in more than one program. The more real-world experience you are able to gain, the better.
  • An internship is a window of opportunity for anyone who wants to use it as such. If you choose to participate in an internship program, 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 you need to achieve your goals.
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Schweitzer, Karen. "Business School Internships." ThoughtCo, Nov. 11, 2016, thoughtco.com/business-school-internships-466627. Schweitzer, Karen. (2016, November 11). Business School Internships. Retrieved from https://www.thoughtco.com/business-school-internships-466627 Schweitzer, Karen. "Business School Internships." ThoughtCo. https://www.thoughtco.com/business-school-internships-466627 (accessed November 18, 2017).