Internship - Aiming For The Future
Outlook Money|June 2017

Summer internships have become serious not just by way of exposure and experience; if pursued earnestly, it could be the door opening to a career and money.

Shipra Singh
Internship - Aiming For The Future

The common link between Steve Jobs, Pranay Chulet and Steven Spielberg is that they all interned when in college, much before setting up their own successful ventures. Jobs, with a voracious hunger for knowledge since early on in life, landed himself a summer internship in Hewlett-Packard (HP) at the age of 12 that helped him grow, and later launch his own venture, Apple Inc. This does not mean that to be a successful entrepreneur you need to intern when in college or school, but the trend is fast catching up in India. If one goes by dedicated websites like LetsIntern, HelloIntern, InternGuru and MakeIntern that promote interning, it is evident that the interning trend has many takers. The biggest draw for interning is the experience one gets and also the money that one can make in the process.

For organisations looking for interns, the draw is fresh and low cost talent, which they could use for projects and assignments that are on a testing phase or requires less qualification than readily available in the market. Mumbaibased Krish Dadani is an interesting medical student, who trained himself to be a DJ while he was still in school. Today, besides studying medicine he finds time to DJ twice a month earning a good ₹12,000. “The money is good and I enjoy what I do. It also allows me to get into less serious stud on weekends, while I study to become a doctor,” he says.

Wide choice

Delhi-based Prachi Jain has found her calling to be part of the dance troupe at the Kingdom of Dreams (KOD), which has one of the longest running dance stage shows. “I wanted to utilise my summer vacation by engaging in my hobby of dancing. I auditioned and got selected,” she beams with excitement. The second year B.Ed student had planned for a three month stint, which has now become a part time job, as she spends 15 days a month at the show.

Diese Geschichte stammt aus der June 2017-Ausgabe von Outlook Money.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der June 2017-Ausgabe von Outlook Money.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS OUTLOOK MONEYAlle anzeigen
The Future Of Credit Card Usage
Outlook Money

The Future Of Credit Card Usage

Credit card usage is increasing in India, but it's prudent to manage credit wisely

time-read
2 Minuten  |
May 2024
Liquidity Coverage Ratio Framework
Outlook Money

Liquidity Coverage Ratio Framework

At the recent monetary policy committee meeting in April 2024, Reserve Bank of India (RBI) Governor Shaktikanta Das proposed changes in the liquidity coverage ratio (LCR) framework to successfully meet liquidity risk.

time-read
1 min  |
May 2024
STRATEGIES TO HELP YOU STAY ABROAD AFTER STUDIES
Outlook Money

STRATEGIES TO HELP YOU STAY ABROAD AFTER STUDIES

More Indians are now going abroad for higher studies with plans to stay and work. But living costs, the lack of job opportunities and the burden of education loans could often pose a problem. Assess the opportunities and be practical before making such a decision

time-read
7 Minuten  |
May 2024
FROM SAVINGS TO SECURITY: HOW INDIANS ARE PREPARING FOR THEIR SUNSET YEARS
Outlook Money

FROM SAVINGS TO SECURITY: HOW INDIANS ARE PREPARING FOR THEIR SUNSET YEARS

The Outlook Money - Toluna Retirement Survey conducted in December-end 2023 threw light on how Indians plan and save for retirement. A growing number of Indians now understand the necessity of retirement planning, and want to enjoy their retirement years with kith and kin

time-read
4 Minuten  |
May 2024
Here's How To Install A Solar Panel
Outlook Money

Here's How To Install A Solar Panel

It is the season of solar panel subsidy announcements. Right after the Centre launched the PM Surya Ghar Muft Bijli Yojana to offer subsidies to 10 million households to set up rooftop solar systems, the Delhi government has announced an extra capital subsidy of ₹2,000 per kilowatt (kW) to Delhi residents for rooftop solar panel installation. Both governments have caps on subsidies. Some other states, too, offer incentives on the use of solar rooftop panels.

time-read
2 Minuten  |
May 2024
Master Your Own Money Choices
Outlook Money

Master Your Own Money Choices

Instead of judging others, have clarity about what you want from your money, where you want to spend it and how you want to feel about it

time-read
4 Minuten  |
May 2024
3 THINGS TO CHECK BEFORE YOU EXIT YOUR POLICY
Outlook Money

3 THINGS TO CHECK BEFORE YOU EXIT YOUR POLICY

If you think that the insurance policy you bought doesn't quite align with your goals, you may surrender it. But that comes at a cost. Here's why you should do the calculations

time-read
4 Minuten  |
May 2024
Small And Mid Cap Rally: Be Wary
Outlook Money

Small And Mid Cap Rally: Be Wary

You may include small- and mid-caps in your portfolio for diversification, but understand that they may not replicate last year's returns and are relatively more volatile

time-read
4 Minuten  |
May 2024
HOW TO MAKE SENSE OF THE GOLD RUSH?
Outlook Money

HOW TO MAKE SENSE OF THE GOLD RUSH?

The precious metal has been on an upward rally for the last couple of years due to factors as diverse as geopolitical conflicts, bulk buying by central banks, and hope of rate cuts, of late. The key, therefore, is to invest in gold in a staggered manner

time-read
5 Minuten  |
May 2024
'People Are Normal. They Are Sometimes Ignorant But They Are Not Stupid'
Outlook Money

'People Are Normal. They Are Sometimes Ignorant But They Are Not Stupid'

Meir Statman, the Glenn Klimek Professor of Finance, Leavey School of Business, Santa Clara University, California, is the second generation of behavioural finance experts who refused to label people as \"irrational\" and instead called them \"normal\". In his latest book, A Wealth of Well-Being: A Holistic Approach to Behavioral Finance, he expands the circle of finance to include life well-being and shows how they are inextricably intertwined. As part of an interview series, 'Wealth Wizards: Money Maestros in conversation with Nidhi Sinha, Editor, Outlook Money', Statman spoke about his research, and explained concepts through anecdotes that can help you take balanced decisions. Edited excerpts:

time-read
10+ Minuten  |
May 2024