If you are currently studying MBA, then you must think of applying for internships in your final year. You will get good experience from such internships and that will help you in getting high-salaried jobs in the future. Therefore, you can go through the following list of internships to select which one to choose during your MBA course.
Introduction
If you are studying MBA, then internships are one of the most sought after options before looking for jobs in MBA. Therefore, you can think of applying for the top 5 different types of internships while studying the final semester of your MBA course. If I were to talk about when I studied MBA in Finance, then I tried and landed an internship by the end of the second semester of my MBA course. I started so early because, I studied MBA in distance mode, which doesn't have the facility to engage in campus placement facilities. However, if you are a regular MBA student, then you might find some companies coming to your university to recruit students for (paid or unpaid) internships. Meanwhile, you are probably about to pass out or might have just completed your examinations in the final year of MBA. Therefore, you shouldn't miss out on this opportunity and join into one. Such internships give you a job-like experience that you will require later.
What is the difference between a job and an internship after passing MBA
First of all, internship can be paid or unpaid. A job, on the other hand, is never unpaid. If you get an internship offer from a top- level company, for example, Google or Microsoft, etc. then even if it is unpaid, it is worthy of your time as it will leave you with impacting job experience. That doesn't mean that you should only look for companies such as Google or IBM. If a certain company has an internship opportunity that has job description equivalent to what you want to do in the future, then you should go for that opportunity, even if that is unpaid, as that might help you secure a job position in the same company in the future.
Secondly, an internship can be started along with your MBA studies, which is not true for a job. For example, you will become a business analyst or marketing team leader after your MBA course. As an intern you can start as a trainee under a business analyst along with your third or fourth semester MBA course, however, to become a professional marketing head, you have to be an MBA pass out.
Top 5 internships for MBAs
Internship in digital marketing-If you are a student of MBA marketing, then being a digital marketing intern should be your first choice. This is a highly booming area currently and there is a good deal of requirement for people knowledgeable in digital marketing. Digital marketing means combining the offline marketing strategies into an online format and promote products on digital platforms, for example social media networks or emails. This is a new and evolving domain and once you become an intern here, you will get to know lots of new things about marketing strategies.
Internship as a business analyst-If you are a finance student, then you can think of becoming a business analyst intern. You will be mentored by business development managers. They will teach you how to work on difficult business problems and help find a solution with the people from the software department.
Internship as business development representatives-This internship will work for both finance or marketing students. I worked as a business development representative intern and this job requires lots of hard work and dedication. You will have to generate new business leads for the company. You will have to talk persuasively to the potential leads and be able to project the positive points of your company to the new leads. You will have to be on the field every day and search for potential new leads and approach them to expand the business.
Internship in Human Resources-You can become an HR intern and learn about how to deal with various employees of a company. You will be mentored by the human resources manager. Here, you get to learn to deal with problems related to the jobs of the employees and how to solve these problems.
Internship in accounts- This internship is good for students of finance, international business, supply chain management, retail management and more. You will be mentored by senior accountants and you will learn how to maintain books of accounts in a company. You will learn to deal with real- world assets and liabilities in the accounts.
Conclusion
To conclude, all of the internships mentioned above can be beneficial for you, if you work hard and don't worry much about the payment. Like I mentioned earlier, sometimes the other benefits of getting the internship are much more than getting high payments. In my case, I didn't receive one month's payment even though I had to work every day for that month on the field. However, the work experience matters a lot and so does the company's goodwill where you are working.
