Effectiveness of Internship in Commercial Banks in Bangladesh

Topics: Intern, Internship, University Pages: 21 (5513 words) Published: October 23, 2009
Effectiveness of Internship in commercial banks in Bangladesh

Abstract
The purpose of this study is to measure the effect of the structure of internship program, coordination between academic internship supervisor and bank official who supervises interns in bank, cooperation of bank employees with interns, and student quality on the performance of interns during their internship program in commercial banks in Bangladesh. BBA students from five private universities in Dhaka city who have just recently completed their internship have been interviewed. Multiple Regression Analysis and Analysis of Variance have been conducted. The results show that student quality has a strong positive influence on internship performance. The result also indicates the possibility of the presence of other factors that can also influence internship performance. Besides, the coordination level between academic internship supervisor and bank official who supervises interns has been found very poor.

Introduction:
To establish a link between classroom theory and professional practice and to reinforce the use of academic skills, many academic programs, especially those which prepare the students with some specific professional skills, include internship program in their curricula. Students enter into internship program after completing all theoretical courses and during the transition from academic career to corporate career when they work in a chosen corporate field for a short period of time to earn some real world experience. This program is meant to increase self-awareness, manage emotions, and increase integrity. This also provides students with experiences many of them would not otherwise encounter and instills in them recognition that education lays the groundwork for economic and social well-being. Besides, the program provides skills development opportunity in work-based learning as a way to develop both employability skills as well as to foster career development. Internships under different academic disciplines are structured in different ways. Medical students spend the last year of Bachelor degree program in a hospital and work as full-time duty medical officer. Under a supervising doctor, they perform a good number of duties such as routinely checking and monitoring health conditions of ward patients, providing essential treatments to them, assisting hospital surgeon in operation etc. A good performance in internship is a condition for graduation. The curriculum of Bachelor in Education entails an internship program for the students before the beginning of their teaching career. Although there is no standard duration of the internship period, usually it ranges from three to four months. Student interns work as a co-teacher or teaching assistant under an experienced teacher and attend his/her classes, provide feedback of lessons, help him/her evaluating students’ work etc. For the students of commerce, management, and business administration, internship is an integral part of the degree curriculum in most cases. From the major functional areas of a firm such as human resource management, marketing and merchandising, operations, accounts and audits, students choose anyone or more according to the emphasis in the course curriculum, intended career goal, and, of course, the availability of the internship opportunities in firms to do their internships. In Bachelor of Business Administration program, internship is a requirement for graduation and is significantly important as it facilitates the application of theory to practice, personal growth and development. After completing all theoretical courses, students do the internship in the last semester of the program. Most universities have separate career counseling and job placement section who maintains liaison with major internship providing firms, arranges internship interviews, and places students in internship programs. In other cases, students may arrange their own internship...

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