What Is an Internship? All You Need to Know; The Complete Information. Finding your perfect career with just a college degree is difficult because of the fierce competition on the job market. Many students participate in internships to polish their skills, become familiar with the business, and network in order to land their dream job.
If you want to get an internship but are unsure of how to get started, this post will lead you through the process. We’ll go through some of the questions that people ask most commonly, such as what an internship is, why they’re important, how much an intern makes, etc.
What is an internship?
An internship is a brief professional program that is frequently exclusively open to college students or recent graduates. Students can use them to acquire a sense of the working world and determine whether a certain career path is right for them. They learn about routine company processes and forge strong bonds with coworkers.
You can do an internship for both income and academic credit. Students frequently complete internships over the summer or during the school year.
What is the difference between an internship and an externship?
Another term that is frequently used in connection with internships is externships. Externships are brief work assignments offered to students as part of a program’s requirements to teach them about the duties and working environment of a specific profession. Some of them are:
- Duration: Internships normally span a whole semester, but externships typically last a few days or weeks.
- Payment: Although internships may be paid or unpaid, externships are not.
- College credit: In contrast to an internship, an externship is less often utilised for credit.
- Programme design: In contrast to an internship, where students might have work positions inside the organisation, an externship often involves students observing job activities or working on smaller projects.
Why are internships important?
Having an internship during your formative college years is essential since it allows you to network with seasoned professionals, learn about the business firsthand, and hone your skills. The most valuable benefits of an internship include the ones listed below:
- assisting you in identifying your interests or discovering new ones,
- establishing contacts with specialists in the sector,
- working and learning,
- Educating you about workplace dynamics
- Learning how to balance your career and personal life
- promoting character development.
What do interns do?
Although you will first gain knowledge of the business’s operations and how you can help the team, as your internship develops, you will also assume greater responsibility and take part in initiatives. Examples of typical duties for a novice are:
- performing administrative tasks,
- event management,
- taking care of emails and social media.
But, as various sectors have distinct responsibilities, you should learn about their positions specifically.
You are typically expected to learn everything you can during an internship and develop your soft skills.
How to Get an Internship
Although not all internships are created equally, we suggest that you adhere to the five steps outlined below to increase your chances of finding the ideal internship.
Start researching early.
It could be challenging to find high-quality internships, especially if you don’t use all the options at your disposal. You may use: to seek for internships.
- Professors that work actively in the field,
- The college career center,
- Attending meetings of local professional organizations,
- Contacting HR professionals of the companies that interest you through LinkedIn or email,
- Job or career fairs,
- Online resources like LinkedIn or Indeed, or company sites,
- Leveraging your network (mentors, former employers, friends, and family) with similar career interests.
Prepare a good resume and cover letter.
With your internship application, you must provide a strong CV and cover letter that accurately reflect your skills, experience, accomplishments, and personality. They will make you a standout candidate and provide you more opportunities.
A strong resume (CV) contains the following:
- A unique header with your contact information,
- your objective statement,
- achievements, and
This is your chance to introduce yourself and list your professional goals since many employers require a cover letter in addition to your resume.
Your cover letter should include the following:
- The specific role you’re applying for,
- relevant keywords,
- relevant coursework/education and skills, and
- statements on why you think you’re a good candidate and what you think you could gain from it.
For more advice on how to create effective resumes and cover letters for internships, as well as samples of what they might look like, visit our pages on how to write an internship resume and how to write a cover letter for an internship.
Another key aspect to consider is applying as early as possible and making sure you satisfy all application deadlines. Many companies favor candidates who can manage their time well and who are enthusiastic to work for their organization. These candidates often apply early.
Prepare for the interview.
The hiring committee has decided to invite you for an interview, which means you’ve made a good impression. It’s now up to you to convince them that you’re the best candidate for the job.
Consequently, in order to accomplish this, be prepared for your interview by presenting the information on your CV clearly and authoritatively.
Even though you should always have some optimism regarding the outcome of your application, you should be aware that there may be occasions when you are turned down for internships you apply for. The most important thing is that you view it as an opportunity to grow and do better in your subsequent applications. So long as you keep going, they will definitely see the academic and professional worth you bring to the table.
How much do interns earn?
A lot of factors, including skill level, location, years of experience, and, most importantly, the type of organization, affect the official compensation of interns. According to Glassdoor, some of the industries with the highest earning internship wages are gaming, investment banking, technology, and consulting.
The official pay for interns is based on several factors, including the intern’s skill level, location, years of experience, and—most importantly—the type of organization. Glassdoor lists some of the industries with some of the best paid internship earnings as being those in gaming, investment banking, technology, and consulting.