MBA summer internships are a great way to gain experience, network, and, if you’re lucky, get a job offer after business school.
According to the Graduate Management Admission Council (GMAC), internships are the most effective job search strategy, with 58% of recent graduates receiving job offers by the end of the program.
MBA internships last eight to twelve weeks and usually start in May or June. If you want to make the most of your internship experience, start planning now.
Here are the top five ways to prepare for your MBA summer internship:
1. Set precise goals for your MBA internship
To make the most of your MBA internship and increase your chances of receiving a job offer, you must first outline your objectives.
Consider the skills you want to develop and the areas of the business you want to learn about. Are there any queries you would like answered? Do you have any specific professionals you’d want to network with?
Setting specific goals from the beginning is crucial for aligning your internship experience with your professional goals.
2. Maintain clear communication with your manager
Starting an MBA internship may necessitate a great amount of administration and preparation. Regular communication with your manager is vital for setting expectations and ensuring a successful onboarding process.
This includes inquiring about the technology and resources that will be provided, noting the dress code, and getting any required papers to bring on your first day.
Taking the initiative to ask any relevant questions demonstrates not just your readiness for the job, but also your enthusiasm, even before you begin your summer internship.
3. Research the company before taking an MBA summer internship
Although you may have done your research before to your interview, it’s a good idea to brush up on your company knowledge so you can strike the ground running right away.
Careful research into the company’s core business techniques, needs, and beliefs will help you better understand where you fit within the organization and how you can contribute to the company’s goals. This positions you as a dedicated intern and a valuable contributor to the firm, perhaps enhancing your chances of landing a full-time job after your MBA summer internship.
4. Stay informed about industry trends
Showcasing your knowledge with the firm is important, but staying up to date on industry trends will help you go a step further in demonstrating your readiness for your MBA summer internship.
Your MBA studies are critical for building specialized knowledge, but reading industry-specific periodicals and recognizing key companies in your area can keep you current on market trends. Attending local conferences and events allows you to network with other specialists and share ideas.
5. Review relevant skills
The skills required for internships vary by role and industry. While your MBA and professional experience are important for developing the necessary skills, you should review any relevant technological skills, such as data analysis or digital marketing tools, ahead of time.
While soft skills may be more difficult to prepare for, interpersonal communication and effective teamwork are important to remember. This enables you to make a concerted effort to exhibit these key skills throughout your internship.