INTERNSHIPS made virtual and differed

Summer Internships in the top business Schools of India which are a source of practical understanding to management students since decades have been differed by certain companies, whereas for some companies it has been made virtual. This is a challenging time for every sector across the world and business schools are not a exemption.

LET US LOOK AT THE DIFFERENT STATEMENTS GIVEN BY THE MANAGEMENT OF VARIOUS PREMIER B SCHOOLS OF THE COUNTRY.

IIM AHMEDABAD CLARIFICATION:

Summer internships do start in April. Given the current situation due to Covid-19 outbreak, many recruiters have deferred the starting date to mid-April. Few firms who recruited during final placements have deferred the joining dates. We are working with them to find out ways (e.g. remote working, virtual internships) that may be the most optimal solutions in today’s scenario. So far, none of the firms have cancelled their offers,” Amit Karna, chairperson- placements at IIM Ahmedabad told Business Standard, adding that a large number of recruiters had adapted their internship model to a virtual (remote working) mode.

“For Summer Internships, companies across sectors (Finance, Consulting, Marketing, General Management, Tech, etc.) have deferred joining dates,” Karna of IIM Ahmedabad said

FMS DELHI CLARIFICATION:

“Summer internship dates have been deferred to mid April or early May at least by most recruiters (around 50) and the others have gone with a WFH option. Around 200 students (summer interns) have a postponed joining date. Some companies are giving an option for Work From Home throughout the internship period. A few recruiters also have given WFH for an initial internship period and plan to move to physical locations once the situation improves,” according to the placement cell at FMS Delhi.

XLRI CLARIFICATION:

“Currently, we are looking at shifting the internship start date by a couple of weeks, thereby beginning the internship by mid-April and lasting till mid-June. Given that the term is scheduled to start on June 17, XLRI is more than happy to work on this solution. One radical solution proposed by a few recruiters is to conduct the internships in the autumn, and starting the next term early to accommodate this,Chairperson XLRI Placement stated

IIM LUCKNOW CLARIFICATION:

“On account of the lockdown imposed to prevent the spread of pandemic Covid-19, while few companies have decided to opt for virtual internships, many companies, in order to assess the situation better, have sought deferment in the joining date. Further, so far three companies have cancelled their internships affecting nine students. However, we are in touch with our alumni as well as our legacy recruiters for alternative opportunities for these students,” the placement chair at IIM Lucknow stated

IIM INDORE CLARIFICATION:

Himanshu Rai, Director, IIM Indore, companies across sectors have deferred the joining for summer internships. “I think it is more to do with the location of the internships.”

IIM KOHZIKODE CLARIFICATION:

IIM Kozhikode, placement chair Shovan said that the internship period could be reduced to five weeks, if not less, from eight weeks even while final placement appointments haven’t been impacted as their joining dates start mostly from May onwards. “Most of the firms have deferred joining dates of interns and some of the firms have allowed interns to work from home,” he said

SOURCE: business standard