Showing posts with label Internship. Show all posts
Showing posts with label Internship. Show all posts

October 9, 2009

NECESSITIES OF SUMMER INTERNSHIP

NECESSITIES OF SUMMER INTERNSHIP

The summer internship process in most business schools in India fuels three thought processes in every student.

i. It is a welcome break from the academic curriculum and pressure of assignments, with a fat stipend at the end we are lucky. 

ii. We intern with a firm to maximise our chances of getting a final offer from the very same firm. Such an offer, when it is made, is called a pre-placement offer or a PPO. A PPO is a job offer made to those interns whom the firm wants to recruit as full time employees due to their good performance during the summer internship. It is often declared before the final placement process takes place in a management institute. In a way, a PPO makes life easier. Now that we know we have a job up our sleeve we can always opt out of the hassles of the final placement process. It also brings us into the radar of other good firms who might want to us. This is primarily because a PPO we have proved yourself in the industry. Thus, the PPO route may be a good option, but it could increase the pressure on us during our internship.

iii. Getting a PPO might become an end in itself.
The more advisable strategy, though, is to learn as much about the industry, company or function we are going to perform as an intern and evaluate whether it is interesting enough for we to come back to this industry or company after graduation.
This strategy reduces the pressure on us. In the bargain , we make a more informed and correct decision about the company and industry.