Internships On A Time Budget


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Taking into account the economy and so many students are returning adults, we have to think of other means to achieve experience before graduation. Here are some practical options and things to consider as a student and employer looking to hire interns.

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  • Internships On A Time Budget

    1. 1. Internships on a Time-Budget Karen Obringer, Internship Coordinator Career Services
    2. 2. Objectives One university. Two great names. <ul><li>Internships defined </li></ul><ul><li>Employer perspective on internships </li></ul><ul><li>Alternative experience options </li></ul><ul><li>Responsibilities of IPFW, employer & YOU </li></ul><ul><li>Economy Implications </li></ul><ul><li>Networking </li></ul>
    3. 3. INTERNSHIPS <ul><li>Intern (n): an advanced student or graduate usually in a professional field (as medicine or teaching) gaining supervised practical experience (as in a hospital or classroom) </li></ul><ul><li>-- defined by Merriam-Webster Dictionary </li></ul><ul><li>REMEMBER THIS… </li></ul><ul><li>Learning experience </li></ul><ul><li>Professional expectations </li></ul><ul><li>Flexible schedule </li></ul><ul><li>2 supervisors to ensure a positive experience </li></ul><ul><li>Related to YOUR major </li></ul>
    4. 4. Internship Resources <ul><li>Offices on Campus </li></ul><ul><li>Career Services </li></ul><ul><ul><li>Non-Academic Credit INTERNSHIPS </li></ul></ul><ul><li>OACS (Office of Academic Internships, Cooperative Education, and Service Learning) </li></ul><ul><ul><li>Academic credit Internships </li></ul></ul><ul><ul><li>Co-ops </li></ul></ul><ul><li>Websites </li></ul><ul><li>JobZone </li></ul><ul><li>Indiana INTERNnet </li></ul><ul><li>Specific internship sites in which you’re interested… Create Your Own Internship! </li></ul>
    5. 5. Why do an Internship? <ul><li>Acquire experience that is practical & meaningful to your major </li></ul><ul><li>Increase marketability and value to employers </li></ul><ul><li>Narrow/Increase career options down by “trying it out” </li></ul><ul><li>Increase professional network </li></ul>Recent Grad… NEEDS a JOB
    6. 6. Employer Perspectives <ul><li>Rule of Thumb </li></ul><ul><li>Internships are becoming the norm </li></ul><ul><li>Competition </li></ul><ul><li>Great way to train new staff </li></ul><ul><li>Demonstrates: </li></ul><ul><ul><li>Time management </li></ul></ul><ul><ul><li>Broader point of view </li></ul></ul><ul><ul><li>Value in learning </li></ul></ul><ul><li>ONE EXAMPLE: </li></ul><ul><li>Northwestern Mutual Financial Network Internship Experience </li></ul><ul><li>VIDEO </li></ul>
    7. 7. Statistics March 27, 2008
    8. 8. More Statistics ( yawn) <ul><li>National Unemployment Rate: 7.6% in January 2009 </li></ul><ul><li>2007: 4.6% NUR </li></ul><ul><li>Indiana’s Unemployment Rate: 8.2% in December 2008 </li></ul><ul><li>2006-2016 projections: </li></ul><ul><ul><li>employment is projected to increase by 15.6 mill. jobs, or 10% </li></ul></ul><ul><ul><li>1996-2006 projected 12% </li></ul></ul><ul><ul><li>Service-providing industries will generate ¾ of the employment gain!! </li></ul></ul><ul><ul><li>Civilian labor force is projected to increase by 12.8 million, reaching 164.2 million </li></ul></ul><ul><ul><li>More 55+ ages working </li></ul></ul><ul><ul><li>Less teenagers working </li></ul></ul>
    9. 9. Other ways to gain experience <ul><li>Co-op </li></ul><ul><li>Field Experience </li></ul><ul><li>Practicum </li></ul><ul><li>Service Learning </li></ul><ul><li>Externships </li></ul><ul><li>Apprenticeship </li></ul><ul><li>Part-time job - related </li></ul><ul><li>Volunteering </li></ul><ul><li>Student Organization involvement </li></ul><ul><li>Job Shadowing </li></ul><ul><li>Professional Associations </li></ul>
    10. 10. RESPONSIBILITIES <ul><li>Career Service’s </li></ul><ul><li>Assist student with search process: contact employers, resume critique & mock interviews </li></ul><ul><li>Supervise internship to ensure a positive learning experience </li></ul><ul><li>Connect with intern & supervisor for a site visit & evaluations </li></ul><ul><li>Employer’s </li></ul><ul><li>Established supervisor for interns </li></ul><ul><li>Set goals with intern </li></ul><ul><li>Provide work/projects related to students’ majors </li></ul><ul><li>Regular meetings with intern </li></ul><ul><li>Student’s (yours) </li></ul><ul><li>Conduct internship search while staying in contact with Career Services </li></ul><ul><li>Resume critique and mock interview required if desire hands-on assistance from Career Services </li></ul><ul><li>Inform appropriate IPFW supervisor of internship gained </li></ul><ul><li>Maintain professionalism on the job </li></ul><ul><li>Speak up if internship is not meeting your goals </li></ul><ul><li>Keep accurate records of hours and job duties (resume & CCT) </li></ul>
    11. 11. Once you get the Internship <ul><ul><li>Complete an Internship Report Form and submit to Career Services ( ) </li></ul></ul><ul><ul><li>Meet with site supervisor to determine goals and projects during the internship </li></ul></ul><ul><ul><li>Maintain appropriate work hours and performance as agreed upon by supervisor at internship site </li></ul></ul><ul><ul><li>Connect with Career Services via site visit or individual appointment at least once during your internship experience </li></ul></ul><ul><ul><li>Complete an end-of-semester evaluation and submit to Career Services with logged work hours ( ) </li></ul></ul>
    12. 12. ECONOMY Schmitt, J. and Baker, D., What We’re In For: Projected Economic Impact of the Next Recession, Center for Economic and Policy Research , January 2008.
    13. 13. NETWORKING <ul><li>OPPORTUNITIES </li></ul><ul><li>Events through Career Services </li></ul><ul><ul><li>Job Fairs </li></ul></ul><ul><ul><li>Dining Etiquette </li></ul></ul><ul><ul><li>Network Now </li></ul></ul><ul><ul><li>Career Development Month </li></ul></ul><ul><ul><li>Mock Interview Day </li></ul></ul><ul><li>YLNI </li></ul><ul><li>Professional Associations </li></ul><ul><li>Chamber of Commerce </li></ul><ul><li>Volunteer!! </li></ul><ul><li>BENEFITS </li></ul><ul><li>Majority of jobs available are in the Hidden Job Market </li></ul><ul><li>Hear about jobs before others </li></ul><ul><li>Keeps your name in the minds of employers </li></ul><ul><li>Create an internship/ experience </li></ul>
    14. 14. A fun student perspective
    15. 15. Career Services <ul><li>Take advantage of these events… </li></ul><ul><li>Career Development Month: every November </li></ul><ul><li>Job Fairs: April 2 nd & April 16 th </li></ul><ul><li>Mock Interview Days: March 25 th </li></ul><ul><li>Networking Dinners: next one during ‘09-’10 year </li></ul><ul><li>Individual appointments </li></ul><ul><ul><li>Resumes/cover letters critiques </li></ul></ul><ul><ul><li>Job/Internship searching </li></ul></ul><ul><ul><li>Career Counseling </li></ul></ul><ul><ul><li>Interviewing </li></ul></ul>