Internships provide invaluable experience, applicable to every career path, directly relevant to our current workplace, and typically lead to full-time employment within two to three months. Students are attracted to internships because of the employment benefits they provide and the value they offer in comparison to paid internships. The average salary in the U.S. for full-time students ages 25 to 29 is $38,700; internships provide the same opportunities. Internships also allow students to learn what jobs are available in the field and for whom. An internship helps students understand if their professional aspirations match the role they are applying for, which assists students in determining if their career goals align with employers' needs and objectives. When students are making career decisions, the benefits of internships outweigh the drawbacks. Students value internships because of their potential to produce positive outcomes.
An example of the value of an internship is shown by Thulium Corporation. The internship they offer students is designed to assist students in determining if their career goals align with the company's goals and objectives. By gaining real-world experience with a company's business practices and operations, students gain valuable knowledge, knowledge that students can apply immediately in their careers. For example, interns are trained in multiple aspects of the company's daily business operations, including operations such as drafting and updating policies, creating meeting agendas, conducting market research, and refining marketing plans. Students have also been trained to manage vendor relationships and programs, which they will continue to use during their careers. While internship responsibilities may vary, students typically work in the fields of technology, sales, marketing, management, or a related field.
A value of an internship that students have learned to appreciate is the value of an internship for the company's bottom line. With this perspective in mind, we find interns increasingly willing to devote their time to internships, as they are aware of the positive impact internships have on the bottom line. A study conducted by Drexel University revealed that 92% of students stated they do more to participate in internships than they otherwise would have. Companies benefit from interns because they are motivated to gain experience with the workplace before they pursue a career in business and, in doing so, offer prospective interns insight into the business model. A value of internship provided by a college student is in the job readiness of the student. Students who participate in internships have proven to be more productive employees and are valued by employers. Students are graduating from college and entering the workforce with a valuable set of skills, and the value of an internship is largely due to the skills and characteristics the students gain through the internship. For example, interns are typically more motivated, engage in their job, strive for perfection, stay on task, are organized and detail-oriented, and are proficient in their respective job functions. An internship offers students valuable opportunities to learn more about what jobs are available and how the business operates in a structured environment. Internships offer an opportunity to develop and apply job skills before entering the workplace. Student interns have proven to be more motivated, more engaged, more productive, and more proficient than students not participating in internships. A student intern is typically assigned a valuable role in the workplace. During an internship, students are expected to do the job of an employee. Students receive input and direction from an employee, and the intern also acts as the business' representative, interfacing with business managers and corporate higher-ups. Students are given a valuable opportunity to contribute to the businesses they work for through a valuable experience they are unlikely to find in any other job. An internship offers students valuable opportunities to gain meaningful experiences in the field of business, including responsibilities as an employee. Students are becoming more aware that an internship offers an opportunity to gain employment-specific skills. Their education focuses on identifying the opportunities for growth in their field of study. Students are learning about careers in their field, identifying the internships available and how they would be beneficial to their career goals. After completing an internship, students become more familiar with the business and are eager to continue to work in the field after graduating. An internship offers students the opportunity to develop the skills and attributes they need to be successful in their future careers. An internship is a positive value that students value and one that employers value. Through an internship, students develop valuable skills that would benefit their future careers. The new generation's mindset is that they do not have to wait to get paid to gain work experience. Millennials understand that an internship is a valuable experience and value it because it has become a valued career training opportunity. Students value internships for the opportunity to get paid, and internships are becoming more of a valued job training experience for students as the new generation sees internship opportunities as valuable, relevant and a way to get paid.
That value of an internship provided by the college generation is the generation's new generation of students. The new generation has grown up and matured in an environment where an internship was common. They understand the value of an internship, and they know that employers value the value of an internship.