India Internship Report 2014
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Transcript of India Internship Report 2014
Source- www.twenty19.com
India Internship Report 2014
© www.twenty19.com
Report on Internship Trends in India
Internships | College Fests | Online Courses2
Summary
The India Internship Report 2014 has been compiled and created by Twenty19 (www.twenty19.com)
Objective:
The India Internship Report 2014, summarizes the trends of the Internship Market in India in 2014. This reporthas been produced to showcase Twenty19’s findings, and educate companies on how Internships can be apowerful recruiting tool to solve the talent crunch that they face.
The data, results and findings are from Twenty19‘s experience of working with 7500+ companies, and 3 lakh+students, helping them for Internships .
The report covers:
• Top Trends of Internships in 2014
• Predictions on how the Internship scenario will be in the next 3 years
• Data and insights on the Internship market in 2014
• How companies can setup successful internship programs
About Twenty19:
Twenty19 is India’s largest Internship portal. Twenty19 helps companies recruit smart and relevant students forinternships. Students from 8000+ colleges in India use Twenty19 to apply to Internships, Learn online coursesand participate in College fests. 3lakh+ students use Twenty19 to apply internships from 7500+ companies.Twenty19 has also been widely covered by top newspapers such as Times of India, The Hindu etc.
Internships | College Fests | Online Courses3
Table of Contents
Section 1 - Trends in Internships in India 2014
Top Internship Trends – 2014 --------------------------------5
Predictions - next 3 years ----------------------------------- 6
Increase in internships in 2014 ------------------------------7
Interns the new freshers ------------------------------------- 9
Companies catch talent early -------------------------------10
Who hired interns in 2014 ---------------------------------- 11
Who applied to internships in 2014 ----------------------12
Paid internships in demand ---------------------------------13
Student Availability for internships ----------------------- 14
Internships not seasonal -------------------------------------15
Roles that were in demand in 2014 -----------------------16
Roles that were difficult to fill in 2014 ------------------- 17
Section 2 – Setting up internship program
What students expect from an internship--------------- 19
How companies have set up internship programs ---- 20
Happy companies – testimonials ------------------------- -21
Internships | College Fests | Online Courses5
1) Companies face acute talent crunch
Companies lack access to quality talent &use internships attract talent - 2014 saw
150% increase in the internships posted.
Top Internship Trends - 2014
3) Companies use Internships to recruit full time employees.
68% of the internships offered a job prospect at the end of theinternship period. Companies use internships not just fortemporary / support jobs but as an effective recruitment tools.
2) Companies catch talent young:
42% of the students that graduated in
2014, have done atleast 1 internship. 23% ofthe students have done internships beforetheir final year.
4) Talent availability isn’t seasonal anymore
Students & companies look for internshipsthroughout the year for internships- peaksduring Summer & Winter semester holidays
5) Colleges encourage full time internships
Colleges encourage students to do
semester-long internships. In 2014, 75%internships that students applied to werefull-time internships.
Internships | College Fests | Online Courses6
Predictions – Next 3 years
1) Interns are the New Freshers
Internships clearly becoming the mostsought after early stage recruitmentmethod to recruit freshers.
4) Companies will emphasize on trained talent pool
Employees will insist on recruiting already skilled talent for internships & not spend time training them
2) Colleges will mandate internships
Most colleges will mandate students to do at least 1 internship, as part of their curriculum
3) Students will graduate with practical industry experience
80% of the students would have done atleast 1 internship by the time theygraduate.
Internships | College Fests | Online Courses7
150% increase in the number of interns required
2011 2012 2013 2014Total Internships posted by companies
Huge increase in demand for interns
Companies continue to face acute talent crunch. Internships prove to be an effective tool to attract talent
Internships | College Fests | Online Courses8
Student applications that companies received doubled
2011 2012 2013 2014
Total applications that companies received
Engineering
More students available for internships
Students show keen interest to build their profile through internships. Colleges also encourage students to do semester long internships in companies.
Internships | College Fests | Online Courses9
68% of internships that companies posted had full time job prospect targeting
students who can join the company after the internship
32%
68%
Full time job prospect
No Full time job prospect
Total Internships that companies posted
Interns – the new freshers
Internships | College Fests | Online Courses10
Companies catch talent early
42% of the students have
applied to atleast 1 internship by the time they graduate from college
23 % of the students have
applied to internships BEFORE their final year
Among the students who graduated in 2014.
Internships | College Fests | Online Courses11
Who hired interns in 2014
Top Sectors in India that recruited interns
70% internships from startups & small companies building their teams
Non - Profit / NGO
Retail
Media, Marketing & Advertising
Computer Hardware & Software
Education
Internet
Information Technology & Services
Internships posted by companies
30%
44%
12%
5%3%
6%
0-5
5 to 25
25-100
100-500
500-1000
>1000
No. of employees
Internships posted by companies
Internships | College Fests | Online Courses12
78%
20%
UG
PG
2%Diploma
69%22%
9%Business
Arts & Science
Engineering
Who applied to Internships in 2014
Undergraduate students applied to
78% internships
Engineering students applied to 69%of the internships
Degrees of students who applied to internships
Education background of students who applied to internships
Internships | College Fests | Online Courses13
Paid Internships in demand
80% of internships posted offered stipend. Average stipend Rs. 5000
per month
75% of the internships that students applied to offered a
stipend.
18%
82%
Offered Stipend
Offered Stipend
No Stipend
Offered Stipend
75%
25%
Internships companies posted
Internships with stipend
No stipend
Internships students applied
Internships | College Fests | Online Courses
Just graduated Final year 3rd year 2nd year 1st year
Availability of Interns
Total Internships that students applied to
36% (max no. of )of the total students that applied for
internships in 2014, were from their final year
Final Year students – high availability
Internships | College Fests | Online Courses15
Medium
Availability
Low
High
Availability Type of internships students can do
High Regular internships at office (Summer Winter vacation)
Medium Part time or virtual internships / work from home internships.
Low Not available due to semester exams
Students are available throughout the year for internships
Internships- not seasonal anymore
Internships | College Fests | Online Courses16
Roles that were in demand in 2014
Technical Roles
Software
Web design &Development
Graphic Design
Mobile app development
Product Development
Non Tech Roles
Content Writing / Journalism
Marketing (Strategy, social media, SEO)
Sales & Business Development
Market Research & Analytics
HR / Recruitment
Internships | College Fests | Online Courses17
Roles where requirements were difficult to fill in 2014
HR/ Recruitment
Advertising & Public Relations
Operations
Video Editing
Accounting/Finance
Electrical Engineering
Architecture
Quality Management
Civil Engineering
% Positions Filled % Positions not filled
Some of the roles in which companies could not fill the available positions in 2014
Internships | College Fests | Online Courses19
What students expect from an Internship
Good scope to learn
Competitive Stipend
Projects that can add value to their profile
Brand name
Potential for full time employment
Recommendations / Certificate
Good work culture
19
Internships | College Fests | Online Courses20
How companies have setup successful Internship programs
1. Companies offer meaningful projectsSuccessful organizations offer good projects where interns learn hands on skills and improve theirprofile
2. Companies Offer attractive stipend, yet save moneyCompanies attract quality talent, by offering good stipends. companies that offer full time job atthe end of the internship, to these quality interns, saves the training and recruiting costs.
3. Companies use Smart selection methods to identify internsCompanies use in built selection tools like Quizzing & testing tools, available at the internshipwebsites to hire the most relevant interns. This saves them a lot of time, as they are no longerdependent on traditional recruitment methods of screening 100s of resumes/candidate profiles.
4. Companies assign mentors & define clear roadmapCompanies establish a clear roadmap & assign key mentors to guide interns, thus making sure the interns are productive
5. Companies run a ‘Test first week’ with internsCompanies run a test week where they check for the intern’s attitude, commitment, culture fit etc.before investing a lot of time on the intern
6. Companies proactively look for talentCompanies Recruit throughout the year, and constantly take the help of interns for various tasks inthe company, thus helping the company accomplish more.
Internships | College Fests | Online Courses21
The Internship model is the future of corporate India, Twenty19 provides a great way of connecting with growing
talent.
Simple, precise and productive.
All Interns I hired did a cracker of a job at Krea - When someone like Twenty19 does focused work in matching the right interns to my need, it only leaves the selection and
operations to me. That frees up a lot of time. And for a start up, time is money!
Tirth ManekLead - Human Resources
Dun and Bradstreet
Pravin ShekarFounder
Krea
Happy companies- Testimonials
Internships | College Fests | Online Courses23
Want to recruit Smart & Relevant interns for your company?
Contact:
Shwetha KailasanathPhone: +919962333343Email: [email protected]
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