Information for Employers

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Setting up an Internship | Developing position descriptions | Compensation

Setting Up an Internship

The first question to ask is "what makes this an internship instead of a part-time job?"
An internship should be seen as an extension of a student's learning. So, while a student will bring valuable knowledge, ideas, and another set of hands into your organization, you should be prepared to serve as a teacher and mentor. We discourage using regular employment as an internship opportunity when it was not specifically designed as such.
You should be willing and prepared to provide the structure for the internship experience and serve as a resource for questions and concerns. For many students, an internship is the first step in their professional career.
Students should have the chance to learn new skills, explore career interests, and meet new social and intellectual challenges. A position consisting primarily of clerical tasks such as filing and copying would not be considered an internship.
The best internship placements include the following:
  • A clearly delineated position description.
  • Duties and responsibilities that are not haphazardly determined nor purely clerical in nature.
  • A specific work area for the intern.
  • Exposure to other professional staff, clientele, etc. (as appropriate) for professional growth.
  • Opportunities for mentoring as appropriate.
  • Opportunities for feedback and discussion.

Developing Position Descriptions

When students research opportunities for internships, the position description is the initial means of understanding a particular internship experience. To attract the right applicants for your position, the description should be detailed and accurate.

Please use our Internship Information Sheet to describe your internship's job duties and requirements.  We'll use your responses to write an internship announcement which will be distributed to Business students and posted on our website, so please be as detailed as possible!

Compensation for Students

Most of the internships that business undergraduates secure are paid opportunities, but this is not a requirement. Employers should determine whether the position is paid or unpaid as well as the amount of compensation and type (hourly or stipend) in conjunction with their human resource professionals, following all appropriate guidelines.

We encourage students to consider factors other than compensation when they search for internships. Employers offering unpaid internships should plan for a schedule flexible enough to allow an intern to hold another job if it is financially necessary.

U.S. Department of Labor: Internship Programs Under The Fair Labor Standards Act