What is a project How to do internship

1. Internship
Vs
Project
DR RAJU INDUKOORI

2. Project
2

3. What is a project ?
 A platform to apply the academic concepts, models, theories,
laws, strategies and other managerial inputs in the real
business world of business.
 It is more of data and analysis
 Part of the Management Program
 It has credits and grades
3

4. Project Objectives
 To make the student apply the concepts with real data or
information or inputs.
 To find out the probable issues or problems related to the
project area
 To arrive at probable solution /s which are practical and
applicable
 To make the solutions useful to company, industry, sector,
economy, government policy making
4

5. Usefulness of the project
To the student
 Applied learning through data analysis and research.
 Become innovative or creative
 Learn time bound activities
 Learn to use limited resources to maximum utility
 Learn to make time bound decision on complicated issues
5

6. Usefulness of the project
The solutions to the problem are useful to
 Company / companies
 Industry / Sector
 Economy
 Regulator/s
 Government policy making
 Market/s
6

7. Internship
7

8. What is an Internship ?
 It is learning while earning.
 It is an opportunity to gain work experience while doing a
management program.
 Connects the student with the real time business world.
 Student doing the internship is known as Intern.
8

9. Internship Objectives
 To provide a platform for empirical learning.
 To sensitize with known and unknown business nuances.
 To provide a networking platform to meeting career goals.
9

10. Internship Nomenclature
Summer Internship
Summer Internship Program (SIP)
Winter Internship
Winter Internship Program (WIP)
Industry Internship
Industry Internship Program (IIP)
Earn to learn
10

11. Types of Internship
Unpaid Internship
Paid Internship
Weekly Stipend
Monthly Stipend
One time Stipend
Performance linked Stipend
11

12. Can I do the project based on the Internship ?
Yes if
 Internship area or domain or specialization is related or the same as project.
Ex: Equity research Associate internship can be converted as a project on equity
valuation.
 Internship ignites new ideas to do a project
Ex: Internship in market research may ignite the idea to do a project on
Consumer Behavior.
 Internship is the major or only source of data for the project
Ex : Internship in Financial statement analysis (FSA) in a KPO can be the only source if
the student is doing the project company valuation or Industry analysis.
12

13. Can I do the project based on the Internship ?
No if
 Internship area or domain is not related to the project
 In case of dual specialization Internship is in sales and project is in Finance
 Academic Institution’s policy doesn’t permit
 This happens when out comes are separated for mutually exclusive
objectives and benefits to the students.
 Company doesn’t permit the data to be published.
 Ex: Internship done in a bank related credit evaluation which is confidential
and cannot be disclosed.
13

14. What is the use of internship?
 Earnings (If paid internship)
 Rich work experience
 Learn professional behavior
 Learn to make quick or instant decisions
 Build strong personality in tough situations
 Make smart decisions
 Team work
 Net working for career goals
14

15. How to get internship?
1. Provided by the institution
2. Apply directly (permission needed by the institution)
 Premier institutions like IITs and IIMs
 Related companies by choice
15

16. Thanks for your patience
FOR MORE INFO WATCH MY CHANNEL - PROFESSOR RAJU
HTTPS://WWW.YOUTUBE.COM/CHANNEL/UCCM94XNSOOGDL0PNSAVFENA

17. Project Vs Internship
 Project is common to all management programs whereas internship is
available in selective institutions.
 Projects are data / information oriented and internship is experience
based.
 Project is offered by institutions but internship is offered by the company
related.
 Project has assessment and grades. Internship may or may not have the
same.
 Project gives you wealth of knowledge in your domain. Internship gives
rich experience in company / industry of your choice
17

18. Project Vs Internship
Project
 Common to all management programs
 Data / information oriented
 Project is offered by institutions
 Project has assessment and grades.
 Enriches knowledge in your domain.
Internship
 Available in selective institutions.
 Experience based.
 Offered by the company related.
 May or may not have assessment
 Gives rich experience in industry.
18

19. Thanks for your patience
For more info watch my channel - PROFESSOR RAJU
https://www.youtube.com/channel/UCCM94XnsOoGDl0PnsaVfeNA

20. Happy
Learning
DR RAJU INDUKOORI
For more info watch my channel
PROFESSOR RAJU
https://www.youtube.com/channel/UCCM94XnsOoGDl0PnsaVfeNA