Should an MBA opt for internship without stipend?


Pursuing your MBA and pondering about whether you should consider those internship offers without stipends? Don’t think twice; just grab a great profiled internship without thinking about the stipend. Wondering why you should not be bothered about the stipend at this stage? Read on to find what MBAupdates thinks about your dilemma.

The work experience at the internships is the foremost exposure for a student to the corporate world. More than giving loads of moolah it allows you to see the office and workplaces you desire to work with. Secondly, it allows you to make correct decisions, may be helping you to filter what you like amongst various options, the sector you should choose, the dos and don’ts at workplaces and other social issues. Thirdly, the most important factor is that the internships supply you with great credentials. A Morgan Stanley, a KPMG, a Dabur, adds plenty of value to your resume which will be your real cash card for life! 

So what makes more sense; juggling for a few thousands while you are procuring your MBA or adding value to the resume? To encourage all the MBA students confused about taking up an internship; remember that sometimes most of the firms and companies do offer stipends after gauging the performance of the interns. So, don’t lose hope! As a cherry on the cake, they often promise employment post-course completion at an on-par or excellent salary. 

Yes, most of the MBA students have a heavy burden of loans or some even have to repay their parents and hence stipends matter a lot to students thinking their internship options.  Another misconception is that stipends can be used as a benchmark salary. This is not always the case. Even if one has not undergone any internship through their study program they are still eligible to get the salary as per market and industry standards and hence the salary after the programs has nothing to do with the stipend in any internship. What really matters is the impression and the response you receive during your internship that adds oodles of value to your resume and already existing credentials. 

Therefore, enrol yourself with the internship cell in your college, aim for the best companies hiring at your institution, beat the rest of the crowd to impress all and take up the internship without any doubt, irrespective of the stipend it offers. 

Point to note: The few thousands you earn during a 1-3 month internship are lesser valuable than what you could derive out of a well-placed established company on your resume! Think about it!

  • Digg
  • Del.icio.us
  • StumbleUpon
  • Reddit
  • RSS

0 comments:

Post a Comment