Internships are crucial for students in India, as they offer significant professional experience, practical knowledge, and networking opportunities, which contribute to their overall career development.
Today, a decent degree doesn’t guarantee graduate employment. Pertinent work experience is now just as valuable as your degree and exam scores when it comes to developing a successful career.
So, internships are vital for candidates to stand out. Several surveys demonstrate the value of internships.
According to a survey conducted by Aspiring Minds in 2018, only 48% of the Indian graduates were found to be employable, highlighting the need for practical experience and skill development in addition to formal education.
The survey finds that 80% of Indian engineers are not qualified for any position in the knowledge economy and only 2.5% of them have the tech abilities in Artificial Intelligence (AI) that industry wants.
Let’s keep it going.
We will explore all you need to know about internships and identify why interning at a company is crucial to professional success.
So, let’s get started!
The internship idea
To learn your career, you need experience. Today’s companies value resumes with relevant work history, whether from paid work, volunteer work, or internships.
Companies offer internships to train and experience students and fresh graduates. Internships have changed dramatically over time.
Internships began as labourers teaching youth their craft.
The trainee would work for the labourer for a set time to learn a skill. Even then, an internship or apprenticeship was to learn new skills for future employment.
Modern interns labour for a set period of time.
Depending on the firm and industry, interns can work 1-12 months or longer.
Graduate and undergraduate students seeking research or employment experience choose internships. Internships are currently available in nearly every industry and corporate size.
Remote/virtual internships for worldwide companies have also increased. Today’s internships are plentiful, proving their value.
Addressing the skill gap: The National Employability Report by Aspiring Minds states that 80% of Indian engineering graduates are unemployable due to a lack of industry-relevant skills.
Internships provide students with hands-on experience in their chosen fields, allowing them to develop the practical skills required to bridge this gap and improve their employability.
Enhancing job prospects: A study by the National Skill Development Corporation (NSDC) indicates that India will require 109 million additional skilled workers across 24 key sectors by 2022.
Internships equip students with the technical and soft skills sought by employers in various industries, giving them a competitive edge in the job market.
Promoting entrepreneurship and innovation: The Government of India’s “Startup India” initiative aims to foster innovation and entrepreneurship, targeting the creation of 2.5 million new jobs by 2025.
Internships expose students to various aspects of the business world, inspiring them to develop entrepreneurial skills and pursue innovative ideas.
Nurturing industry-academia collaboration: The All India Council for Technical Education (AICTE) has mandated internships for all technical degree programs, emphasizing the importance of connecting academia with industry.
Internships facilitate collaboration between educational institutions and companies, ensuring that students receive relevant, up-to-date knowledge and training.
Developing a skilled workforce: The World Bank’s “Skill India” project aims to provide vocational training and skill development for over 40 million people by 2022.
Internships are a vital component of this initiative, contributing to the development of a skilled workforce that can meet the demands of India’s rapidly growing economy.
How valuable is job experience?
Young graduates need work experience.
Start gaining CV experience early.
Experience is not limited to huge company office jobs.
Freelance or intern at a small company.
Your CV should include any experience that teaches you abilities you can utilise in your career.
It might show an employer your dedication and skills that are relevant and transferrable to the job.
Job experience is best gained through an internship.
Here are the top 5 reasons we think show the importance of an internship.
Internships provide exposure to the real world
In today’s job market, passing examinations and having a degree don’t provide the professional experience you need to thrive.
Internships give you real-world experience, help you learn, and help you choose a profession.
Internships give you real-world experience and help you understand your intended career path.
You can apply internship knowledge to future jobs.
In addition to this, it is a wonderful learning curve for young grads and students while meeting new people and developing contacts in the professional world.
Internships enable crucial networking.
Networking is sharing information to build professional contacts.
Internships allow students to network and create career relationships before graduating.
It can lead to bonuses and full-time employment for some pupils.
More professional contacts with similar interests increase your chances of professional growth.
You will learn how these people work, how they handle challenging situations, and how they complete tasks.
Meeting and observing them will teach you how to work with different individuals in different settings.
You can adapt their methods to your situation.
Internships reveal your personality.
Internships are possible. It will reveal more as you explore it.
Every industry has its pros and cons.
Working in a real-world environment will help you comprehend the depths of your area and will help you evaluate whether it is a career you wish to follow in the future.
Internships teach you about your talents and limitations.
That can be difficult.
Still, being pushed beyond your comfort zone will aid you when faced with difficult tasks or situations.
Internships teach more than technical skills.
While you are working as a professional for an organisation, business and technical skills are not the only things that the industry expects.
No matter how good you are, you won’t succeed in any job until you learn to collaborate and operate as a team.
Also, you must understand deadlines and how to perform under pressure.
An internship gives you exposure to the issues of a work environment and having experience in these scenarios will be important to talk about in future interviews and show employers that you will be a good match for their firm.
Internships boost competitiveness.
Everyone knows the employment market is competitive, especially now.
There may be hundreds of applicants for your job. So, you need a way to stand out and compete.
Internships can give you experience and skills to attract companies and demonstrate them you’re a good fit.
It also demonstrates your drive and ambition to gain experience outside of university.
In conclusion, internships play a pivotal role in preparing students in India for their professional lives, empowering them with practical experience, skill development, and networking opportunities that can enhance their employability and long-term career prospects.
Let’s start with your internship journey today!
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