Understanding the Value of Internship
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On the face of it, an internship only suggests ‘on-the-job training’ taken up by college or university students. However, interns can even be school students and postgraduate adults seeking skills for a new career. It helps gain live experience in the chosen field, decide about continuing in the chosen field, and build a network of contacts. If you are lucky and your internship work gets noticed, chances of getting absorbed in the same organisation are bright. The period of internship helps to establish a connection between the organisation and the interns and it prepares the interns for a productive future.
Outside India, the process of getting and doing an internship is very streamlined while here in India there is a dependency on helpful family members and friends to fix up a place of internship, which may or may not give a stipend.
To answer all questions and give directions to all those seeking internship in India, several portals have sprung up making the entire process simpler and more professional.
Letsintern.com, for instance, brings students and companies face to face. After quitting their jobs, the cofounders of Letsintern – Rishabh Gupta (CEO, Letsintern.com), Mayank Batheja (COO, Letsintern.com), and Pranay Swarup (CMO, Letsintern.com) – started this venture in 2010. Since then the company has placed more than 1,500 interns and attracted over 15,000 registered users.
Their success stems from their recognition of a clear need. Being part of AIESEC (Student Organization for International Internships) has helped them understand the pulse of students and stay abreast with the latest developments in the student community. Companies, instead of recruiting interns on their own, come to them as hiring interns needs special care and training and most companies neither have the experience nor the resources to handle this.
In sixteen months’ time, their popularity has soared high enough to attract some top-notch colleges to seek their services. The colleges include names such as Indian Institute of Technology, St. Stephen’s, Shri Ram College of Commerce, Lady Sri Ram, St. Xavier’s, Presidency, Christ College, Birla Institute of Technology and Science.
The companies serviced by them include MTV, Viacom 18, Network 18, Ernst & Young, ZEE Group, FCUK, NEWSX, Channel V, ForceIndia, Mid-Day, and Times of India Group.
Besides running the portal, they are actively engaged in other products and services to get the corporates, students, and the institutions together. Partnering with Franklin Covey – the world’s leading training house – they provide specialized corporate skill training for undergraduate students in a program called Career Launchpad.
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