Ask & Answer: India's Largest Education Community

An internship is a short-term work experience offered by companies and other organizations for people usually students. It's basically a great way for students to get involved in the real corporate world & increase practical knowledge to become an industry-ready professional.
Some importance of Internship in PGDM program are:
STRATEGIC NETWORKING: As an intern, a student will get a chance to work side by side with accomplished industry professionals and get a pretty good idea of what a particular corporate role might entail. Student will not only gain real work experience, but also meet & learn from the pros. And they will start to build their own strategic network, from their fellow interns to seasoned leaders.And those networking will help them to get placed in easily into their desired organizations.
INDUSTRIAL EXPOSURE: Although PGDM colleges offers a lot of live projects, case studies & sessions by industry experts but nothing compares to the first-hand experience of working in a corporate office. When a PGDM student gets an internship in a company or industry that they are interested in, they learn something new every day. Right from meeting new people, acquiring new skills, understanding operations to dealing with the real pressure of corporate deadlines they learn so much more beyond their academics which will help them to make themselves industry ready.
CHANCE TO GET A PRE-PLACEMENT OFFER (PPO): Many companies use internships as a way to enhance their recruitment efforts. PGDM internship may all time will not guarantee a student for a full-time position however, if a student performs well, there is a good chance that the company will extend him/her a job offer once they graduate. Even if a job offer doesn't happen right away, an intern who makes a favourable impression could receive an offer down the line when an opening occurs on that organization.
ENHANCING RESUME: Whether a student is a fresher or not, internships help them greatly to enhance their resume. Students can always mention projects that they were assigned during their internship in their resume. Internship experience makes a college graduate more marketable as they usually require less training & can handle more responsibilities.
Getting remunerated financially for work is definitely a success, anyway what an understudy gains regarding exposure is important. So,I feel that money inspires execution, however a learning demeanour will help a student over the long haul.
Thank You.