Gaining industry experience has significant benefits, whether you are in college or entering the workforce. According to an NACE (National Association of Colleges and Employers) report, 56% of interns are offered full-time roles, and 80% of those offers are accepted. Therefore, regardless of your current education level or desired career path, an internship can encourage your professional growth. That being said, the question arises, “what is summer internship”?
To learn what this is, how this experience shapes your future career, and why it’s considered a crucial part of management education, let’s take a closer look at what a summer internship Program really entails.
What is Summer Internship Program?
Summer internships allow college students to get real-world work experience. These programs help students build their resumes and take the first step toward a successful career after graduation. However, students aren’t the only ones who benefit from internship programs. Companies that offer these programs get a first look at new talent (i.e., the interns) before they enter the workforce. Internship programs also benefit a company’s culture. It’s the kind of mutually beneficial relationship that makes for good business.
Coming to the question, “What is summer internship in college”? Summer internships are usually eight to twelve weeks long and follow B-School semesters. Depending on when the student gets out of B-School, a summer internship usually starts in May or June and continues through August. The most common timeframe for summer internships is to begin right after Memorial Day and run through the first week of August. Internships grant you exposure to the inner workings of your chosen industry. They let you behind the scenes and get a taste of the specific knowledge and everyday practices that every job requires. You get the benefit of seeing trained professionals complete tasks you might otherwise have only read about, and you’ll get a chance to try tasks out yourself—the extent to which you do will depend on your field.
Importance of Summer Internship Program
A summer internship is important because it can present you with new skills and opportunities that you would not receive otherwise. Interns not only gain technical knowledge within the industry of their choice, but they also learn how to interact with professionals in a workplace setting and develop essential soft skills like time management, organization, adaptability, problem-solving, and teamwork.
The following are the reasons why summer internships are important:
- Internships test industry knowledge
- Helps you figure out your interests
- Creates new interests
- Connects you to industry professionals
- Allows you to learn in a safe environment
- Allows you to get paid and learn simultaneously
- Provides credit for a college degree
- Opens avenues to attract more opportunities
- Provides opportunities to learn about the industry
- Teaches and trains about work-life balance
Benefits of Summer Internship Program in MBA
Summer internships have long-lasting benefits for students and young would-be professionals. The main purpose of internship is to provide experience and training that shapes the future. The summer internships are crucial because the stepping stones are laid during this time, and a formal handholding to professional life also occurs during this time. Often, Business Schools play a pivotal part in doing all the needful to prepare the young minds with all the relevant skills to be industry-relevant. They provide apt opportunities to every student through their industry connections, besides providing real-world exposure.
So, if the question arises – “how summer internship program is beneficial?” – the reasons are as follows:
Kick-Starts Your Career
Business Schools and colleges provide the resources needed to make every step of a student’s path to a career easier, so choosing where to get the degree is actually one of the first and most vital choices you’ll make in your professional life. Choosing the right B-School makes the next steps easier. B-Schools always deserve mention in this context, as they train young minds with the needed knowledge, skills and exposures to make them industry-ready.
Beneficial for Career Development
Depending on your individual experience, an unpaid internship may be the first time in your life you find yourself working just for the sake of learning and doing a good job. You may be chosen through your B-School, or you can apply for an opening yourself.
On the other hand, let’s take a look at the paid internship meaning. In this type of internship, the intern receives monetary compensation for their work during the internship period. These internships not only provide valuable industry exposure but also offer financial support, making them highly sought after by students. Paid internships often reflect the organization’s commitment to nurturing talent and may also lead to pre-placement offers based on performance.
While there exist paid internships, both paid and unpaid internships are done for academic credit, an internship program isn’t about money. The importance of internship experience comes from the skills one builds and the improvements one makes to their resume. It’s going to take more than a diploma or a degree, and a winning smile, to convince employers to hire you. Internships are your way to show commitment to professionalism, self-improvement, and excellence. They are one of the most important factors in making yourself appealing in the job market.
A Door to Opportunity
Summer internships are a great way to decide what you want from your professional life. One should certainly use internships to get a feel for whether a certain field is something that they can see themselves doing for the rest of their life. While applying for and completing multiple internships is a smart strategy, one should still ensure one makes the most of every internship, even if unsure of exactly what one wants to do. That is because an internship is more than just a preview of a “real” job. A primary benefit of internship placement is that you can make a vital connection with a potential employer.
Internships Allow You to Gain A Competitive Edge
There is a certain amount of faith that goes into every hiring situation. It doesn’t always work out this way, but employers often have to choose between multiple candidates for a job who have just about the same credentials, equally impressive resumes, and may even come recommended by similarly impressive people.
While there’s no easy secret to making yourself stand out, the summer internship experience is a great start. It’s even more helpful if you have a specific place in mind where you want to work, and you can target that company or firm for your internship. Most workplaces put a high value on hiring from within, and that often includes interns. Employers use internships to try out potential talent. Employers often look at two equal candidates, one with an internship with their company or industry, which will make a difference and increase the chances of being hired.
Beneficial to Companies as Well
Internships for students through internship programs also give companies a chance to recruit new talent. A company can offer full-time employment to its best interns before they go out and look for jobs elsewhere. Interns and companies can mutually benefit, and both can positively contribute to the company’s culture. Interns bring fresh ideas, ask new questions, and help facilitate a culture of mentorship that can carry far beyond helping the interns.
Summer Internship Program at Globsyn Business School
With a legacy of continuous innovation in management education over two decades, Globsyn Business School (GBS) has uniquely positioned itself as India’s only ‘Corporate B-School’. The B-School’s Corporate Relationship Program (CRP) is manned by a dedicated team of highly motivated professionals supported by a nationwide forum of alumni and faculty. Over the years, GBS has successfully built relations with more than 360 corporates, who have not only recruited its students for Final Placement, but also for the Summer Internship Program (SIP).
SIP at GBS is an integral part of the B-School’s curriculum. The 8-10 week SIP opportunity is extended to all first-year students of the school, which allows them to contribute their knowledge and enhance their cognitive and interpersonal skills, whilst working with various national and multinational organizations across multiple sectors.
Every year, Globsyn Business School organizes the annual Globsyn Award for Excellence in SIP in order to appreciate the research acumen of the young managers of the B-School and ascertain the desired level of performance in internships. On this occasion, an eminent panel of judges comprising renowned corporate professionals, chooses the top 3 most promising project ideas and confers certificates, citations and awards to the winners amidst encouragement and cheer from their fellow batch mates
Today, the Summer Internship Program have become one of the key components that help shape management students into competent young managers. SIP helps these students experience real-life application of the knowledge acquired in classrooms while working with corporate houses of international repute.
Bottomline
A Summer Internship Program is a valuable opportunity for students to step beyond the classroom and experience the realities of the professional world. Globsyn Business School views internships as a vital component of management education, enabling students to apply their academic knowledge, develop practical skills, and gain meaningful insights into industry operations. Through structured internship support and strong corporate linkages, students receive exposure that not only shapes their career path but also helps them grow into confident, responsible, and industry-ready professionals.
Frequently Asked Questions (FAQ)
What Is an Internship in College?
An internship is a short-term, practical work experience offered by companies to students, allowing them to apply academic knowledge in a real-world business environment. At GBS, internships are an integral part of our experiential learning model, preparing students for corporate readiness.
Is a Summer Internship Necessary?
Yes, a summer internship is a mandatory component of the postgraduate programmes at reputed management colleges. In line with this, Globsyn Business School ensures that every student undergoes a structured SIP, offering them practical exposure and hands-on experience in real-world business environments.
Why Is a Summer Internship Important?
Summer internships help students:
- Gain hands-on experience in their chosen field
- Build industry networks and professional confidence
- Understand workplace dynamics
- Strengthen their CV with real-time project work
- It often opens the door to pre-placement offers (PPOs) as well.
How Many Weeks Are Summer Internships?
Summer internships typically last between 8 to 10 weeks and are usually scheduled between the second and third semesters of postgraduate management programmes. The exact duration may vary depending on the institution and industry requirements. At Globsyn Business School, the Summer Internship Program lasts for the aforementioned duration.
Are Internships Paid or Unpaid?
Internship stipends vary depending on the company and industry. While some internships are paid, others may be unpaid but offer immense learning value and networking opportunities.
What Kind of Companies Offer Internships at GBS?
Top recruiters from various sectors such as consulting, BFSI, FMCG, IT, e-commerce, and startups offer internships to GBS students, including PwC, Deloitte, Nestlé, Kotak Mahindra, and MRF.