5 reasons why an internship is important for pgdm and mba students
Do you believe that you need the experience to get experience? For young adults, freshers, and new entrants in the corporate industry, this is one of the biggest issues as they transition into the workforce. That’s where the importance of internship for PGDM and MBA students comes into the picture.
Every company wants to see some relevant experience before they give you an opportunity. In fact, employers rely a lot on resumes that showcase work history – either through internships, volunteer work or actual experience. So how do you get the first chance to discover the world of corporate working?
Just like businesses are competing in the market for customer share, people are competing to land their dream jobs in the corporate world. If you have a good resume with experience and skills that match your employer’s requirements, you can get a good package and a long-term job. The internship that you do during your post-graduation – either in PGDM or MBA can make the difference between winning your dream job opportunity or losing it.
Here are the top 5 reasons why an internship is important for MBA and PGDM students:
1. GAIN FIRST-HAND CORPORATE EXPERIENCE
Although MBA colleges offer a lot of live projects, case studies, and sessions by industry experts, nothing compares to the first-hand experience of working in a corporate office. The education you gain in a college atmosphere and the knowledge you gain in a professional setting are both important for your future. When you get an internship in a company or industry that you’re interested in, you learn something new every day. Right from meeting new people, acquiring new skills, understanding operations to dealing with the real pressure of corporate deadlines – you learn so much more beyond academics.
2. BUILD CONNECTIONS AND GROW YOUR PROFESSIONAL NETWORK
Networking plays a vital role in today’s corporate culture because we all need each other to grow and excel. If you want to advance your professional career, networking is one of the key areas that you need to improve. An internship opens up new long-term business relationships with people in the industry you’re interested in. For instance, if you want to pursue an HR role in the future, doing an internship will get you connected to many professionals who can be your future clients. If you want to be an entrepreneur, you will meet marketing experts, financial gurus, sales reps and more during your internship who can help you grow your business in the future.
3. TRANSLATE YOUR INTERNSHIP INTO A FULL-TIME POSITION
During an internship, you have an opportunity to showcase your talents, skills, and commitment to a prospective employer. Also, many employers find it easier to hire talent that they have invested in, especially if you take up training courses during your internship. Just like customers like to try before they buy, employers also use the same principle with internships. If you live up to the performance expectations of your employer, there are chances you return with a pre-placement offer!
4. GET A PREVIEW OF THE ROLES AND RESPONSIBILITIES
We all have a certain idea of what we will be doing after completing our PGDM and MBA. But more often than not, students find it difficult to cope with the challenges of a corporate environment. With an internship, you get a real-life preview of what to expect in your desired role after your course. If you feel like you’re not really suited for it, you have an opportunity to change your path and reconsider your area of interest. If it feels right, it is an added benefit in your future growth.
5. BRING IN VALUABLE INDUSTRY FEEDBACK
When you go for an internship, you represent your college, institute or university to a prospective employer and the corporate world. The feedback in terms of your knowledge, skills, and talent helps the college and the placement team to know the pros and cons of the batch before the final placement. As a result, you can be well-prepared and in sync with the industry expectations before your final placements. The feedback also offers inputs for curriculum upgrades.
There’s no denying the incredible importance of internship for PGDM and MBA students for their future growth in the industry. IIMS offers internship programs for students so that they are well-prepared for a career in the industry. Summer internships are often in some of the most reputed MNCs of the world and most of the students even get their placement offers instantly after the internship. If you want to secure your job in one of the best companies in the world, apply for your PGDM at IIMS today!
PGDM Admissions 2020 Now Open!