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How A Virtual Internship Experience Can Benefit You

May 19, 2021 | 7 minutes |
Shakshi Sodhani

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No one could have predicted the extent of the disruptions that would affect every part of our everyday lives when COVID-19 was declared a global pandemic in 2020. All responded in the same way, whether they were high school or university students, new graduates, or seasoned professionals: despair. Despair at the possibility of their foreign travel, internships, and career plans being jeopardized due to COVID-19's unparalleled existence. However, the world has now shifted to a virtual model for meetings, classes, work, etc. With many businesses transitioning to a remote workplace, find out how the experience of working in a virtual environment can actually benefit you in the future. Take part in Summer Saga 2021 now! Fill out Digital Diary 1 below using this link! Although the pandemic has brought a slew of new obstacles to the workplace, it has also been viewed as the greatest test of an institution's ability to adapt. Companies are dreaming of creative ways to get back on track, such as turning to online meetings and work-from-home plans and using a variety of online tools to communicate through remote teams, such as Zoom, Google Hangouts, and Microsoft Teams. Universities all over the world are doing the same thing, moving from in-person classes on campus to online Zoom classes, taking advantage of new technologies to ensure that students have access to education. For start-ups and multinational corporations alike, remote work has become the new standard, and it appears to be here to stay even post-COVID. According to a new Deloitte survey (Deloitte Millennial Survey 2020), over 60% of respondents favored the ability to operate remotely following the crisis, as well as the expanded use of video conferencing software. With businesses now working remotely, this article will tell you how doing a virtual internship can actually benefit you

1. Flexibility

One benefit of a Virtual Internship is the improved work-life balance it provides due to the versatility it provides in terms of office hours and length. Working remotely with a Virtual Internship allows you to choose when and how you work instead of being bound by office hours. You can set your own schedule whether you are an early riser or a night owl, as long as you attend online conferences and follow your manager's job deadlines.

2. Travel, time, and costs 

One of the most apparent advantages of a Virtual Internship is that it saves time and money on related expenses of commutes to the workplace. When you consider interning in a different city or even a different country, there are additional costs associated with flights and lodging.

3. Learning and Development

Internships offer valuable work experience that will aid you in preparing for the next career phase after graduation. Internships, whether virtual or in-person, offer additional business knowledge and commercial awareness in your chosen sector. It allows you to engage with more seasoned colleagues or gain access to resources or reports that are used. A remote work experience will assist you in adjusting to this modern work climate. If you want to work abroad in the future, it also opens up the possibility of collaborating with foreign organisations to gain experience in intercultural communication and country-specific expertise.

4. Upskilling

In an increasingly linked virtual world, skills such as digital communication, proficiency with remote working apps, and time management skills without being under the supervision of a manager are critical. A Virtual Internship will help you learn and improve different skills that will help you in your future career path, whether it is in business growth, competitor analysis, honing your presentation design and delivery skills, market research, digital marketing, or financial modelling. Virtual internships represent a new way for students to engage in work-based learning even after things have returned to normal. Virtual internships can provide greater flexibility for students to participate in meaningful career exploration and skill-building opportunities. This can have implications related to placement capacity, scheduling, requirements, and more. Additionally, the ability for students to develop remote working abilities early can itself be a meaningful form of skill development. The limitations of the pandemic may be opening up a window for students, schools, providers, and employers that they may not want to close.  

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InsideIIM presents the 8th Season of Summer Saga where you can share your bizarre, enriching, a-little-difficult-yet-fun experiences with everyone and win prizes for the same. We have changed the rules in the eighth season. You don't need to wait for your internship to end in order to share your experience. Instead, it will be a digital diary, where you will be able to document your learnings and experiences, during your stint.
Take part in Summer Saga 2021 now! Fill out Digital Diary 1 below using this link!

TIMELINE, PROCESS AND RULES

  1. You don't need to register on InsideIIM.com or on the Kampus App to take part in Summer Saga Season 8. Simply share your experiences in the Digital Diary. To maintain standardisation, every Digital Diary will have a few questions that you'll need to answer.
  2. Access all the Digital Diaries forms from here. You will receive Digital Diaries from us on the following dates:
    -Digital Diary 1 - 02.05.2021
    -Digital Diary 2 - 09.05.2021
    -Digital Diary 3 - 23.05.2021
    -Digital Diary 4 - 06.06.2021
    -Digital Diary 5 - 20.06.2021
  3. After 20th June, we will collate your entries as a single article and share the same with the same.
  4. Your overall submission will be evaluated on the following parameters:
    -Completeness: This depends on the number of Digital Diaries you have filled.
    -Value Addition: This depends on how in-depth your answers have been. The score for this parameter will be given by our Judges.
    -Reach: This depends on how many unique people have read your internship experience once we publish the article. We maintain fair play, we will publish all the articles on the same day, so that you can also share the same in your network.
  5. There is also a title called, ‘Campus With The Most Interesting Interns’ that will be awarded to (a) the campus that submits the maximum number of entries and (b) the campus that submits the best quality entries (based on the score given by our judges). The minimum entries from campus to be considered for this title is 10. So, if you want your campus to win the title then make sure your classmates and other students from your b school share their experiences in this year's Summer Saga Competition.

PRIZES TO WIN

This competition is broadly divided into four categories. Refer to the table below to know more about prizes in each category.
Prize Money
Category
Banking and Finance
Sales, Marketing and General Management
Operations
HR, Consulting and Others
1st Prize ₹ 10,000 ₹ 10,000 ₹ 10,000 ₹ 10,000
Runner Up ₹ 5,000 ₹ 5,000 ₹ 5,000 ₹ 5,000
The 1st Prize winner will also get a one-hour 1-on-1 career guidance session with an industry stalwart, from our panel of mentors in Kounsel.

ABOUT THE JUDGES

Every year, we have Campus Managers from some of the top companies (such as Reliance, HSBC, Flipkart, ABG, HUL, TAS, etc) judging the annual Summer Saga competition. We will release the details of the judges of Summer Saga Season 8 soon!
Check out the previous year's winners!

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Maybe this will help you reflect and recall these two months as well (which can come in handy when appearing for interviews in the future). InsideIIM is the perfect platform to chronicle your experiences, your highs, your lows and everything in between.
So guys, what are you waiting for? Start writing! You have a voice. You have the experience. Make the best of it!