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Identify How Undergrads & MBAs Differ in Their Views of Internships?


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c40390) has announced the addition of Internships Report 2006 to their offering.

Best Practices & Guidelines guidelines,
n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks.
 for Developing an Effective Internship internship /in·tern·ship/ (in´tern-ship) the position or term of service of an intern in a hospital.
internship,
n the course work or practicum conducted in a professional dental clinic.
 Program:

As the campus recruiting market gets more competitive, many employers are looking closer at their internship programs as a primary provider of road-tested, full-time talent for the organization. Although offers to students are up, the conversion on those offers remains relatively low, causing many recruiting organizations to rightly question how they can better leverage their company's hefty heft·y  
adj. heft·i·er, heft·i·est
1. Of considerable weight; heavy.

2. Rugged and powerful. See Synonyms at heavy.

3.
 investment in internship programs.

The Internship Program Report 2006 is based on a comprehensive survey of more than 2,000 students who completed internships or co-ops in 2005 and an in-depth look at seven best-in-class internship programs. The Report goes deep to explore the motivations of internship candidates (Hint: getting a full-time position is not foremost) and the tactics that help employers with best-in-class internship programs enjoy double the conversion rate of their nearest competitors.

The Internship Program Report 2006 provides answers to:

--What motivates an intern intern /in·tern/ (in´tern) a medical graduate serving in a hospital preparatory to being licensed to practice medicine.

in·tern or in·terne
n.
 to accept a full-time offer?

--How do undergrads This article is about the television show. For the educational term, see undergraduate education.

This article or section does not cite its .
You can Wikipedia by introducing appropriate citations.
 and MBAs differ in their views of internships?

--What makes for an ideal internship experience?

--How do candidates find internship opportunities?

--How do best-in-class internship programs stand out?

--Where do internship programs fail?

--What improvements to infrastructure and program execution are critical?

--How can recruiters better convert interns This article or section is written like an .
Please help [ rewrite this article] from a neutral point of view.
Mark blatant advertising for , using .
 to full-time hires?

Here is just a sampling of the data you'll find in the Report:

--Fully 80% of MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 interns view the internship as a way to gain experience to transition to a new career

--Sixty percent of undergrads and 65% of MBAs who completed internships had multiple offers from which to choose

--Intern salaries have increased more than 12% since 2003

--Sixty-eight percent of undergrads and 65% of MBAs say that interning made them more likely or much more likely to accept a full-time offer at that company

--Employers are making more full-time offers to interns - 59% of undergrad and 71% of MBA interns had received, or expected to receive a full-time offer from their employer

--Getting interns to accept those offers remains a challenge - less than half of undergrads and MBAs who received offers had accepted them as of November

Beyond the Research:

Our Research goes beyond the data to provide employers with expert analysis that explains what the research means to your organization and how you can use it to improve your hiring yields. The Internship Programs 2006 Report also includes key recommendations from author and noted recruiting expert Steve Pollock, who leads all of the research and consulting engagements:

- The Ideal Internship Checklist

- Guidelines for Designing the Ideal Internship

- Key Elements of the Ideal Internship

Fast Facts:

- 147 pages

- 2,105 students surveyed from 50+ undergraduate programs and 40 MBA programs

- 7 Best-in-Class internship programs studied in-depth: Banc of America Securities, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank , Hewlett-Packard, Kimberly-Clark, Philip Morris USA Philip Morris USA is the United States tobacco division of Altria Group, Inc. General information
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. Even under this new name, Altria continues to own 100% of Philip Morris USA.
, Procter & Gamble and UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
 

Topics Covered

Introduction & Methodology

Executive Summary & Implications

Overview of the Internship Market

Why Students Seek Internships

The Internship Job Market

Compensation

What Interns Think About Their Experience

Full-Time Offer Conversion

Designing & Implementing a Top Internship Program What Makes an Ideal Internship

Recruiting Diverse Interns

Appendix

Companies Mentioned

--Banc of America Securities

--Deutsche Bank

--Hewlett-Packard

--Kimberly-Clark

--Philip Morris USA

--Procter & Gamble

--UBS

For more information visit http://www.researchandmarkets.com/reports/c40390
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 8, 2006
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