IILM Graduate School of Management

Some Basic Questions on Summer Internship

 What should be my basic approach towards SIP ?

 What is the best topic for my field?

 How is it going to help me in Final Placements?

 How to make a Project Report?

 How to make the best out of my SIP in 2 Months.

 Objective of Internship Report

The overall objective of project work is to experience the way in which organizations
function in a given environment.

The keyword is experience.

Experience has two dimensions.

First Dimension

 Understand the industry in which the organizations operate

.
 The business model of the organization

 Understand particular functional area such as Marketing, Finance, HR, etc.

Second Dimension

 Apply knowledge of research methodology to analyze the problems or issues faced by

organizations

 Understand how various principles you have learned during one year of course
work is applied in the real time business world.

 Learn the changes that are taking place in the business world.
The project is divided into three phases

i. Pre-project interface

ii. Interface during the project

iii. Interface after the project

PHASE I

It is requesting for a project work you will be raising certain expectations from the
organizations.

The expectations are generally based on

1. The institute you come from

2. Your competencies

3. References given by you

4. Personal interview attended by you.

 PHASE II

Your first interface should project the following traits.

1. Show patience, organizations have to cater to all stakeholders and yours will be
last as the purpose of organization is value addition. This does not mean that you
are unimportant; your work comes last in the important things to be done.

2. The project work is an additional responsibility undertaken by organization;

therefore don’t expect organizations or the person in charge to respond to you
immediately.
 PHASE III

In phase III you will be working towards meeting expectations of organizations.

The general question is “What is the Topic?” for project work. Two kinds of
situation you will face. Organizations give you a Topic or they will ask you to
choose the topic in both the cases please prepare a list of topics which you will
think of completing
CONTENTS
1. Industy Profile:
www.about.com ; www.ssrn.com

Please find at lest ten major companies in your industry and in the international market.
Write a brief write up on what happened for the past three years and what is in store for
three years for the industry. Identify at least three; Indian CEOs and three international
CEO’ and find their views about industry

2. Organization Profile:

Please go through past balance sheets, organization’s website, press reports and all
other data pertaining to the organization

This part will help you to understand your organization in the context of present business
situation.

Keep a log of what ever you are doing everyday. It will help you where you are and what
you are likely to achieve.
3. Need for Study
You have to explain what “Value addition” you will be doing for the organization. You are
working 35 clear working days for project work. Your effort, understanding and value
addition to the organization by answering specific questions will provide better experience
for you.

4. Literature Survey.
This part is mandatory. However it will be a good idea includes information in the project work.
However don’t exceed five pages. If you are doing research on motivation you may include latest
research on motivation as literature survey.

5. Objectives of study
You have to be precise while writing your objectives and should reflect the research you are going
to undertake. Restrict yourself not more than 3 objectives, however two will be ideal.
6. Scope of objectives

In the process of achieving you objectives you will also be undertaking certain other tasks
which are important. You may include them under scope of objectives.

7. Research Methodology

• Research Objectives

• Types of Research Design

• Data ( primary and secondary)

• Research Instrument (if it is a questionnaire, you have to write what type of questionnaire.
However, do not assume always that you need to have questionnaire to start the research.
8. Sample Design

• Sample Unit

• Sample frame

• Time and Place

• Type of sampling

• Sample Size. Determine using methods thought to you in

8. Analysis of the study

9.Findings

11.Suggestions & Recommendations

12.Appendices
Some observations
• Be enthusiastic to listen, to learn, to talk

• Be curious

• Be honest

• Show your integrity

• Define your body language

• Make a statement

WHAT YOU SHOULD NOT DO

• Trying to take breaks while doing project ( you cannot have holidays during your project work)

• Trying to miscommunication with organizations by telling that institute wants a review.

• While taking to the organization personnel do not degrade your institute or teachers by making statements
that reduce your self image.

• Talking negative and trying to be certain about everything. No organization or person likes negative talk